HomeBusinessTwitter's Tip Jar Payment Feature To Include Cryptocurrencies Like Bitcoin, Others

Twitter’s Tip Jar Payment Feature To Include Cryptocurrencies Like Bitcoin, Others

Twitter Users Will Soon Be Able To Pay In Bitcoin, Other Crypto Coins Via In-App Feature

Twitter, the micro-blogging website, is working to broaden its “Tip Jar” function and can quickly permit content material creators to obtain ideas in Bitcoin and different cryptocurrencies from their followers. In May this yr, Twitter launched the in-app tipping function, permitting some customers so as to add a “tip jar” to their Twitter profile so others pays them with out leaving the app. Now, the corporate is opening up tipping to all its customers globally. And for the primary time, it’s going to permit customers to ship and obtain ideas in Bitcoin, Ethereum and different crypto cash. When this function is enabled, a Tip Jar icon will seem on a person’s profile.

What Is A Tip Jar?

On its web site, Twitter defined the Tips as a function that may let customers add hyperlinks to pick out third-party cost companies – like Bandcamp, Patreon and Razorpay – to their profiles. The function is presently accessible for iOS customers and is more likely to be rolled out on Android in a while. Twitter stated that folks already share hyperlinks to third-party cost companies on their handles however the brand new function will make it simpler for customers to pay and assist content material creators to drive a dialog. It may even assist individuals increase funds for a trigger. In a latest weblog put up, Twitter stated those that wish to pay in Bitcoin can achieve this by utilizing Strike – a funds software constructed on the Bitcoin Lightning Network.

How Does This Work?

After enabling the Tips function, you possibly can add your Bitcoin deal with to your profile. To ship a cost on to you, individuals can copy your deal with and paste it right into a Bitcoin pockets of their selection. Users will should be above the age of 18 to allow this function. In July, Twitter CEO Jack Dorsey had advised buyers that Bitcoin could be one of many three key traits that the social media platform will comply with going into the longer term. The two others might be Artificial Intelligence (AI) and decentralisation, an concept on which cryptocurrency is predicated.

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