The popular gamer online platform Steam reported the problems with crypto transactions and the unstable price of crypto currency, including bitcoin, as well as that it refuses crypto payments.
In range of cases, customers send moneys only to come up short due to the U.S. dollar conversion. If company would asked to send the transaction to cover the difference, this user would have hit with another fee. That's why the bitcoin payment option has become "untenable" for Steam. But the company promising to continue working to resolve any pending issues for customers.
For example, transaction fees that are charged to the customer by the bitcoin network have skyrocketed this year, topping out at close to $20 a transaction last week (compared to roughly $0.20 when we initially enabled bitcoin). Unfortunately, Valve has no control over the amount of the fee. These fees result in unreasonably high costs for purchasing games when paying with bitcoin. The high transaction fees cause even greater problems when the value of bitcoin itself drops dramatically.
From the Steam’s statement
Also in the future Steam promised that it could move to accept the cryptocurrency again. It is noteworthy that after this announcement, BTG offered Steam to accept Bitcoin Gold instead of BTC as payment and promised that the commission for the transaction would be less than 0.01.