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Breaking News: Bitcoin Outlook Post Fed's 0.25% Rate Cut: Historical Patterns And Predictions
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Breaking News: Bitcoin Outlook Post Fed's 0.25% Rate Cut: Historical Patterns And Predictions

Twitter Adds Ethereum Option To Tipping Feature

Best Owie
Best Owie
Last Updated: June 11, 2024 2:11 pm
2 mins read
Twitter

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Twitter has had the “Tip Jar” feature for a while now and it has been a smooth sail so far. Bitcoin had been the only cryptocurrency option to tip on the feature but that is now changing. This week, Twitter introduced a new payment method to its Tip Jar feature, ethereum. This will allow users to tip their favorite content creators in more than one cryptocurrency.

Twitter Adds Ethereum

Twitter has added Ethereum payments to its “Tip Jar” service. The feature that allows users to ‘tip’ content creators on the app was launched late last year and now features on the profiles of millions of Twitter accounts. It originally included some well-known payment methods like Venmo, and also GoFundMe. Bitcoin, a long favorite of ex-CEO Jack Dorsey, was the only crypto to make the list.

Related Reading | This Indicator Points To A Bitcoin Bottom, $50K Next Target?

On Wednesday, the social media platform announced that it was adding more payment options to the feature. This included the Barter app from Flutterwave, Paga, Paytm, and the option to add an Ethereum address to receive tips on the app.

Have you set up Tips on your profile yet so it's easy for people to show their support?

Yes: Cool, we’ve added Paga, Barter by Flutterwave, Paytm, and the option to add your Ethereum address.

No: What are you waiting for? Here's how: https://t.co/Id5TwTpnCF

— Support (@Support) February 16, 2022

The latest addition is part of Twitter’s move to expand payment options for the features. “We’re continuing to expand ways to get paid on Twitter which includes more choices for creators and fans who want to use crypto,” Twitter’s lead product manager of creator monetization Johnny Winston, told CoinDesk in a statement.

Although users are able to add Ethereum addresses to their profile, the social media giant revealed that Ethereum Name Service (ENS) domain names are not supported. However, users can tip their favorite accounts with ERC-20 tokens alongside ETH.

Ethereum price chart on TradingView.com

ETH falls ahead of trading day opening | Source: ETHUSD on TradingView.com

Twitter also recently added a new feature for paid “Twitter Blue” subscribers. It would allow users to authenticate non-fungible tokens (Non-Fungible Tokens) on the app. It also allows users to add NFTs as profile pictures.

Related Reading | TA: Ethereum Near Make-or-Break Levels, Why ETH Could Extend Losses

This feature is currently only available on iOS devices. Support for Android is expected to come at some point but there is no definite timeline for when Android users will get this feature.

Featured image from BBC, chart from TradingView.com
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Best Owie
Best Owie

Best Owie

Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality.

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Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best’s publications, which are always clear and concise, enabling easy reading and understanding for all.

Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best’s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community.

Best’s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information.

Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity.

When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world’s most quiet and well-behaved Husky. Best’s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well.

As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers.

Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best’s prolific career in the media industry is a testament of how hard work and dedication pays.

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Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
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