According to a recent disclosure by Microsoft on its account payments information page, the company had added the bitcoin digital currency payment option for its users, enabling them to purchase products and services, games and apps from Windows store.

The bitcoin payment option is presently available only for US-based Microsoft accounts, though the company plans to expand its bitcoin acceptance for customers across the world.

As a result of Microsoft's move to accept bitcoins for US accounts, the company is now allowing users to trade in the cryptocurrency at the ongoing market value through BitPay third-party bitcoin payment processor; with the equivalent value added to the customers' Microsoft accounts.

As of now, the account funds from bitcoin trade-in can only be used for buying content in the Windows Store; as well as in stores which offer Xbox Games, Xbox Music, and Xbox Video.

About the bitcoin payment option, Microsoft said in a blog post that though the digital currency can be used for putting funds into Microsoft accounts, it cannot be used directly for other Microsoft products and services.

Moreover, revealing that users cannot ask for refund of the money added to a Microsoft account using bitcoins, Microsoft said on its account payments information page that the amount which customers can exchange and put into their accounts has been capped at $1,000 per day; with a maximum limit of $5,000 imposed on additional Microsoft accounts which are in a customer's name or registered by a single customer.