An insider showed the interface of BTC donations on Twitter

An insider showed the interface of BTC donations on Twitter

Screenshots from developer Alessandro Paluzzi confirm that the social network is preparing to integrate cryptocurrency payments.

If the leaked beta version of the new Twitter app for iOS is correct, then users will soon be able to add their crypto wallets for BTC and ETH to their Twitter account.

Crypto payments will be integrated into the Tip Jar service, which allows you to send tips to content authors. According to insiders, Twitter will use the Lightning Network in order to provide faster payments than on the first layer of Bitcoin.

Twitter has not yet officially confirmed this news, but head of development Kayvon Beykpour retweeted one of the insider's messages with the caption “Coming soon.” 

Twitter and Square CEO Jack Dorsey, a well-known crypto enthusiast who put almost 6,000 BTC on Square’s balance sheet, spoke about plans for integrating crypto payments back in July.

Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies


You May Also Like

1012018-11-08

New cryptocurrency payment service from Bithumb and Qoo10

South Korea's largest cryptocurrency exchange Bithumb yesterday announced a partnership with Asian e-commerce giant Qoo10 to create a cryptocurrency payment system for the Asian market.

Payment Systems
1002018-12-03

Coinbase will add free fiat funds transfer to PayPal account

After launching its over-the-counter trading platform for institutional clients, the Coinbase exchange quietly decided to add a service for withdrawing users' fiat funds to their PayPal accounts. This feature is provided to users free of charge.

Payment Systems

Latest articles from Payment Systems category