Social media giant Twitter will activate cryptocurrency options in its tipping pot, allowing any user to pay through the platform.
In a September 23 blog post, Esther Crawford, product manager of the Twitter team noted the crypto hints feature would be available to all iOS users around the world, and the platform plans to roll out options for Android in the coming weeks. The crypto option will allow users to link third-party apps including Cash App, Patreon, Venmo, Chipper, Bandcamp, Razorpay, GoFundMe, PicPay, and Wealthsimple Cash – depending on their region – to their Twitter bio and individual Tweets to receive messages. funds. .
“We want everyone on Twitter to have access to channels to get paid,” Crawford said. “Digital currencies that encourage more people to participate in the economy and help people send money across borders and with as little friction as possible – help us get there.”
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In addition to related services, Twitter tips are available through the Lightning Bitcoin (BTC) Network, which sends payment using the Strike app, or by adding a BTC address directly to their profile. “Twitter is not taking any cuts,” according to Crawford.
Twitter CEO Jack Dorsey previously hinted that a BTC tip option was in development when the social media company revealed that its “Tip Jar” concept was designed to empower platform users. to reward content creators with the push of a button. He also discussed Square’s plans to build a decentralized exchange for Bitcoin.