Streamlabs has announced that broadcasters may now accept cryptocurrency as tips. They are initially adding support for Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) and Bitcoin Cash (BCH) while looking to add other coins in the future.

💰 That #FridayFeeling when all Streamlabs streamers can now use crypto tipping.

More info: https://t.co/PreuAs8r1N pic.twitter.com/SQnXtlhUxc — Streamlabs (@streamlabs) June 1, 2018

Streamers use Coinbase to get started, which they may access through the donation settings page. There, the option to connect a Coinbase account to Streamlabs will be available. This function may be disabled at any time by simply disconnecting.

Streamlabs will not charge a fee for these transactions, though some network transaction fees may occur depending on the currency being used. Coinbase may charge a fee when converting cryptocurrency into native currency, with Coinbase’s support documentation supplying further information. The cryptocurrency tips may not be charged-back as they are non–reversible, so rest assured that any tips received cannot be canceled.

While streaming, cryptocurrency tips will act the same as a fiat tip, meaning they will integrate into alerts, events panels, and everywhere else in the Streamlabs ecosystem. The integrations will be continually improved over the coming months, so feel free to reach out to SteamlabsHQ for any ideas, concerns, or questions.

Streamlabs currently makes up about 15% of Twitch streams and made almost $35 million dollars in tips during the first quarter of 2018. For streamers unfamiliar with cryptocurrency, Coinbase offers a collection of articles that explain their purpose in detail.