Twitter users can now use their Ethereum wallet to send and receive tips to others, the company announced.
Its tipping service enables users to send payments in an array of currencies, including cryptocurrencies such as Bitcoin, to other accounts on the social media platform.
The addition of Ethereum support follows on from the September introduction of Bitcoin tipping, which uses payment services such as Cash App, Venmo and Strike to leverage the ‘Lightning Network‘ and facilitate faster payments.
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 feature will enable tipping using the native token of the Ethereum blockchain – ETH – and other ERC-20 tokens including Ethereum-based stablecoins.
Ethereum support was teased in November last year following the surprise resignation of former CEO Jack Dorsey, who moved onto the now crypto-focused payments platform formerly known as Square – ‘Block‘.
The addition of Ethereum support now marks the social media giant’s latest foray into the Ethereum ecosystem, which includes the debut of hexagonal NFT profile pictures last month for its NFT-crazed community via its ‘Twitter Blue’ subscription model.
Twitter also announced in November that it was building out a team dedicated to the development and implementation of cryptocurrencies and blockchain technologies into its platform.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.
