Twitter is now allowing its users to send tips not only in bitcoin (BTC) but also in ether (ETH) as the social media giant is taking an approach toward the Web3 economy.
Although the company didn't clarify how exactly it handles transactions with ether, Johnny Winston, Lead Product Manager of Creator Monetization at Twitter, told CoinDesk that the move represents the company's dedication to give "more choices for creators and fans who want to use crypto."
We're excited to add the ability for anyone to add their ETH address to Tips.
A spokesperson for Twitter clarified that despite support for transactions with ether, the company doesn't support Ethereum Name Service (ENS) domain names. It also remains unclear if the company supports only ether or all ERC20-based tokens as well.
Twitter first added support for bitcoin tips in September last year. Back then, the company said users can send BTC through the Lightning Network using Strike, or to a BTC address directly.
Earlier, To The Moon reported that Twitter expanded its list of payment providers by allowing its users in India to tip creators via Paytm, a payment gateway option.
The feature is available to all users above the age of 18 in India on mobile applications for Android or iOS. AS of press time, Twitter supports payments via Bandcamp, Barter, Cash App, Chipper, Ethereum, Paga, Patreon, Paytm, Razorpay, Wealthsimple Cash, and Venmo.