Twitter now allows Bitcoin tips and is working to adopt NFTs to its social media platform. Bios and social media posts frequently include links to individuals’ payment records. With this, you may link to your Cash App, Patreon, Venmo, and other platforms where people can support you in one fixed location on your profile.
Tips is here to help you do anything from supporting your favorite account because you enjoy their commentary, expressing love to a new comedy creator for their hilarious Tweets, assisting a small business owner through a bad time, giving to an important cause (and we know you have some already).
The iOS version of Twitter will initially be released, with the Android version implemented in the weeks ahead.
How does it work?
If you see this symbol next to the Follow button on a user’s profile page, that means their account has been set up for Tips. The icon will display a list of payment services or platforms that the account has enabled, and you can choose whichever you like. The following services are available at this time:
- Bandcamp
- Cash App
- Chipper
- Patreon
- Razorpay
- Wealthsimple Cash
- Venmo
- GoFundMe
- PicPay
Once you select a service, you’ll be sent to the chosen app to send money. Twitter takes no cut.
Tipping with Bitcoin over the Lightning Network
People can now easily tip with Bitcoin using Strike, a payments platform developed on the Bitcoin Lightning Network that allows people to send and receive Bitcoin. People can use it to make instant and free transactions across any currency at any time of day or night.
Twitter wants everyone on Twitter to have access to ways to earn money. More people using digital currencies that encourage more individuals to take part in the economy and allow them to exchange money with as little friction as possible—will get us there.
Adding your Bitcoin address to Tips
You can now include your Bitcoin address when you enable Tips on your profile. People may copy your address and paste it into a Bitcoin wallet of their choosing to send you money directly.
To enable Tips, you must be at least 18 years old and agree to our new General Tipping policy, which Twitter created to keep people safe on its platform.
