You can buy Xbox games with Bitcoin now

Microsoft is making it easier to exchange Bitcoin for games, apps, movies and more. The company announced today it's working with payment processor BitPay to support the popular digital currency for Microsoft accounts.

Fans of the digital currency will be able to exchange Bitcoin for Microsoft Store funds, letting them purchase games, apps and other content for Windows, Windows Phone and Xbox platforms.

"For us, this is about giving people options and helping them do more on their devices and in the cloud," said Eric Lockard, corporate vice president of Universal Store at Microsoft, in a statement. "The use of digital currencies such as bitcoin, while not yet mainstream, is growing beyond the early enthusiasts. We expect this growth to continue and allowing people to use bitcoin to purchase our products and services now allows us to be at the front edge of that trend."

Microsoft is supporting Bitcoin in a somewhat limited fashion — for content in the Windows Store, or in stores that house Xbox Games, Xbox Music or Xbox Video — and it's limiting the amount of digital currency can exchange. Currently, that's up to $1,000 or the local equivalent in your currency of choice.

For more on Bitcoin, read Polygon's 2013 feature on the digital currency and its ties to the gaming community.