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Twitter allow users to send, receive tips in Bitcoin soon

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SunstarTV Bureau: Micro-blogging site Twitter has expanding its Tip Jar feature in a major way, four months after its first introduced in-app tipping. Meanwhile, Engadget reported that the company for the first time will allow users to send and receive tips in Bitcoin.

The micro blogging site will have access to tipping, which allows users to send each other cash through apps like Venom, Cash App, or Bandcamp, GoFundMe and PicPay, a Brazillian mobile payments platform.

People in other countries will be able to receive tips via their Bitcoin address, the report said.

As with tips using traditional, non-crypto platforms, Twitter won’t take a cut of tips exchanged between users. Tipping is rolling out to all of Twitter’s iOS users beginning Friday, and will become available on Android “over the coming weeks”.

The company sees the change as an extension of its recent work to empower creators on its platform.

Crawford, who leads the company’s creator monetisation efforts, also said the company is in the early stages of exploring an NFT authentication service, which would allow users to display NFT art on their profile.

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