After BTC (Bitcoin), Twitter has now added ETH (Ethereum) support to its Tips feature that will allow the creators and influencers using this platform to receive tips from fans in the form of Ether.
On 16th February, 2022, the official handle of Twitter Support came forward with the announcement that Twitter now has added four new tipping options to the Tips feature which include Paga, Barter by Flutterwave, and Paytm. The most notable addition in this update is the Ethereum support that will enable its users to add their Ethereum addresses into Tips. Twitter’s product lead for creator monetization, Esther Crawford wrote: “Today we’re adding new global payment options to Tips so you can get paid no matter where you are in the world. This includes a new option to send Ethereum by adding your Ethereum address.”
According to the reporting by Crypto Economy,
Twitter had launched its tipping feature, now known as Tips, in 2021 September which started with Bitcoin and various others options including Cash App, Bandcamp, Venmo, Wealthsimple Cash, Patreon, Razorpay, and Chipper. This feature was initially released only for iOS users, that was followed by Android support. Twitter help center notes that currently, the Tips version is not available on the web version of the social media platform.
This new feature (now- not- so- new) of Tips allows both Android and iOS users to add all their third- party payment profiles that are permitted by the app in one fixed spot. Once that is done, people can then also choose their own preferred option of tipping their favorite content creator.
Bitcoin was among the first and only
crypto option available on Tips. This BTC tipping function allows the users to send as well as receive tips through Bitcoin Lightning Network by using Strike App. Users here can sign up for a Strike account and then add their Strike username to receive BTC tips over this Lightning Network. Another advantage to this is that users can use nay of Bitcoin Lightning wallet to send tips to someone’s Strike account.
Now that Ethereum has also joined Bitcoin
in the list of cryptos available on the platform, users can now also add their Ether wallet address to Tips. In order to send these ETH tips that we have been talking about for long, the users (in this case fans), can copy their favorite creator’s address and paste it into whatever wallet they could use.
Both of the companies owned by Jack Dorsey are now finally committed to crypto and blockchain. Although separate from his job, Twitter is moving forward with its crypto plans. Twitter has also released recently, an NFT profile picture feature as part of the Twitter Blue project which allows its users to show off the NFTs they hold in a hexagon shaped profile picture on their Twitter account. Block (which was formerly known as Square) is also working on to create Bitcoin mining rigs and decentralized exchange (DEX) focused on Bitcoin.