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.
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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
— 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.
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.
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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.
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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