Twitter has added the tipping functionality for the second-largest cryptocurrency by capitalization Ethereum.
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
“Like Twitter, digital currencies operate without global barriers. We are excited to include Ethereum along with bitcoin, allowing more people to participate in the digital economy,” Twitter said.
The move follows Twitter’s ongoing exploration of the Ethereum ecosystem. Last month, the company debuted a non-fungible token (NFT) setting NFTs as a profile picture for Twitter blue users.
A Twitter spokesperson told CoinDesk that Ethereum wallet support is available to all users who agree with the company’s tipping policy.
Twitter also announced that they will not charge any fees for the ETH tipping feature, but third-party payment services may charge fees.
The function does not support ENS domains – only full Ethereum addresses. The social platform implemented Bitcoin tipping in September 2021 through the Lightning Network in cooperation with the Strike service.
Other payment partners of Twitter include Cash App, GoFundMe, Patreon, Wealthsimple, Venmo, as well as fintech providers Paga, Paytm, and Barter by Flutterwave added alongside Ethereum.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
