You can now use Bitcoins to pay for Microsoft content on Windows Phone

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Digital currency is still quite controversial and many choose to avoid it, but those who embraced it should know Microsoft has just accepted bitcoin as a means to pay for Microsoft content. This includes content from Windows Phones, Windows Stores and Xbox, even if only those who live in the U.S. can take advantage of the feature, at least for now.

The simple fact that a well-established company such as Microsoft opted to support bitcoin transactions shows the digital currency is actually reliable, even if many other reputable corporations jumped in the bitcoin bandwagon much earlier.

Bitcoins can be traded through Bitpay right in your Microsoft account at current market value. Once you’ve turned your bitcoins into dollars you can use them to buy content such as apps, games, movies and music. The whole process is straightforward as once you enter the amount of money you want to add to your Microsoft account, Bitpay automatically calculates the equivalent amount in bitcoin and shows you the information before you make the transaction.

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The only limitation is you can exchange no more than $1000 dollars a day per account and a total of $5000 a day for all your Microsoft accounts.

Corporate VP of Universal Store at Microsoft, Eric Lockard, said Microsoft is aware of the growing trend of digital currency and wanted to give people the opportunity to use it, before it goes mainstream.

For now, you can only purchase the above mentioned content using bitcoins even if you practically trade the currency for dollars into your account. We’ll probably have to wait some more until we’ll be able to buy a Surface with bitcoins, but this is certainly a step in the right direction.

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