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Published on 2/25/2022

Published by marketing@concretebroker.com.au

Twitter Adds Ethereum Wallet to Tip Jar

Crypto news


Source : gobankingrates.com

 

Minsk, Belarus - May 24, 2019: Ethereum on keyboard background.

NKTN / Getty Images 

Twitter added several new payment options to its tip jar feature this week, including Ethereum, the world’s second-biggest cryptocurrency behind Bitcoin.

See: 4 Best Places To Buy and Sell Cryptocurrency
Find: Cryptocurrency Jargon: A Guide for the Crypto-Curious

Twitter tweeted the news (of course) Wednesday, saying the social media giant “added Paga, Barter by Flutterwave, Paytm, and the option to add your Ethereum address” to the tip jar.

The tip jar feature lets you add links to select third-party payment services to your Twitter profile, according to the company’s website. When you enable “Tips” on your profile, others can offer financial support when they tap on the Tips icon to send money or other currency via third-party payment services and platforms.

Bitcoin tips were already enabled on Twitter through the Strike’s Lightning Network, which reduces fees on payments, TechCrunch reported. The addition of Ethereum supports Twitter’s move into non-Bitcoin crypto features.

Building Wealth

Explore: 10 Cheap Cryptocurrencies To Check Out

“Like Twitter, digital currencies operate without global barriers,” a Twitter spokesperson told TechCrunch. “We’re excited to incorporate Ethereum in addition to Bitcoin payment in Tips, enabling more people to participate in the digital economy with as little friction as possible.”

Twitter debuted NFT verification for paid “Twitter Blue” subscribers last month, according to CoinDesk. In contrast, Ethereum wallet support is available to all users who agree to the company’s tipping policy.

A Twitter spokesperson told CoinDesk the new feature doesn’t support ENS domain names. It’s not yet clear whether tipping with ERC-20 tokens and stablecoins would be supported rather than just ETH, the native asset of the Ethereum blockchain.

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About the Author

Vance Cariaga

Vance Cariaga 

Vance Cariaga is a London-based writer, editor and journalist who previously held staff positions at Investor’s Business Daily, The Charlotte Business Journal and The Charlotte Observer. His work also appeared in Charlotte Magazine, Street & Smith’s Sports Business Journal and Business North Carolina magazine. He holds a B.A. in English from Appalachian State University and studied journalism at the University of South Carolina. His reporting earned awards from the North Carolina Press Association, the Green Eyeshade Awards and AlterNet. In addition to journalism, he has worked in banking, accounting and restaurant management. A native of North Carolina who also writes fiction, Vance’s short story, “Saint Christopher,” placed second in the 2019 Writer’s Digest Short Short Story Competition. Two of his short stories appear in With One Eye on the Cows, an anthology published by Ad Hoc Fiction in 2019. His debut novel, Voodoo Hideaway, was published in 2021 by Atmosphere Press. 

 

 

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