Twitter has had the “Tip Jar” feature for a while now and it has been a smooth sail so far. Bitcoin used to be the only crypto currency available for tipping on this feature. But that’s now changing. Twitter has added an ethereum payment method to its Tip Jar function this week. It will enable users to tip content creators with more than one currency.
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 initially included Venmo and GoFundMe payment options. Ex-CEO Jack Dorsey’s longtime favorite, Bitcoin was the sole crypto that made the list.
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The social media site announced Wednesday that more payment options were being added to its feature. These included Paga’s Barter App, Flutterwave’s Paga and Paytm. Additionally, the possibility to create an Ethereum account to get tips through the app.
Are you ready to add Tips on your profile?
Yes: Cool, we’ve added Paga, Barter by Flutterwave, Paytm, and the option to add your Ethereum address.
There’s no need to be anxious. Here’s how: https://t.co/Id5TwTpnCF
— Twitter Support (@TwitterSupport) 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.
While users can now add Ethereum addresses into their profiles, the social media company revealed that Ethereum Name Service(ENS) domain names will not be supported. Users can however tip their favourite accounts using ERC-20 tokens in addition to ETH.
Source: ETHUSD at TradingView.com| Source: ETHUSD on TradingView.com
Twitter also recently added a new feature for paid “Twitter Blue” subscribers. This feature would enable users to authenticate their non-fungible tokens on Twitter (Non-FungibleTokens). You can also add NFTs to your profile photos.
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This feature currently is limited to iOS devices. Android support is possible at some time, but it is not known when.
Featured image by BBC. Chart from TradingView.com
