You Could Get Paid to Use Twitter in Bitcoin
Social media giant Twitter will now allow users to tip their favorite creators on the social network using bitcoin.
In an exciting move announced on Thursday, Twitter’s Tips feature will roll out globally to all Apple iOS users this week and will become available for Android users in the coming weeks.
The company’s CEO Jack Dorsey is one of the most vocal supporters of the cryptocurrency. The CEO is also experimenting with crypto mining according to a tweet.
It was back in May that Twitter had introduced tipping as a test feature to experiment with helping creators earn payments from their followers for the content they post on Twitter.
The feature will become available for Android users in the coming weeks.
Previously, users could tip with fiat currency using more traditional payment services such as Square’s Cash app and PayPal’s Venmo. The company will also integrate the Strike bitcoin lighting wallet service so creators can receive bitcoin tips. The company will also allow users to add their bitcoin address to send and receive these cryptocurrency tips.
Twitter also does not take a cut of any money sent through its Tips feature.
Additionally, the company said it is also experimenting with a feature that would allow users to authenticate and showcase their collections of NFT digital assets on the social network. The company did not provide much detail or any specifics about this however.
Twitter is also planning to launch a creator fund for users who host Spaces audio rooms as a way to incentivize more live audio events.
Spaces is a feature where users can hear and chat with others in audio-only virtual rooms.
Disclaimer: We have no position in any of the companies mentioned and have not been compensated for this article.