Tencent QQ Coins

Tencent QQ, also known as QQ, is an instant messaging software service and web portal developed by the Chinese tech giant Tencent. QQ offers services that provide online social games, music, shopping, microblogging, movies, and group and voice chat software. The logo of the software is a winking penguin wearing a red scarf. It is the world's 5th most visited website, according to Alexa. As of April 2014, over 200 million simultaneous online QQ users were recorded. At the end of June 2016, there were 899 million active QQ accounts.

In 2006, a year after the digital unit launched, “online game sites beyond Tencent started accepting QQ Coins as payment. The coins appeal as a safer, more practical way to conduct small online purchases, because credit cards aren’t yet commonplace in China,” the Wall Street Journal reported. QQ Coins also became popular on gambling and adult entertainment websites.

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