The upcoming Good Cashtags function on the X social media platform will enable customers to commerce shares and crypto instantly inside the utility, based on Nikita Bier, X’s head of product.
“We’re launching a lot of options in a few weeks, together with Good Cashtags that may allow you to commerce shares and crypto instantly from the timeline,” Bier stated in an X submit on Saturday.
Bier introduced the upcoming rollout of Good Cashtags in January, teasing the potential for in-app buying and selling in a picture exhibiting the function within the announcement, however no official affirmation.
The X platform launched a primary Cashtag system in 2022 that tracked the costs of main shares and cryptocurrencies and supplied visible monetary information for supported property, together with Bitcoin (BTC) and Ether (ETH), however the function was discontinued.
Cointelegraph reached out to X in regards to the upcoming function, however didn’t obtain a response by the point of publication.
The X platform is a hub of crypto-related exercise, and the combination of in-app buying and selling brings it nearer to proprietor Elon Musk’s acknowledged purpose of turning into an “every little thing app,” just like WeChat, a messaging and social media app in China with built-in cost options.
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Elon Musk supplied an replace on Wednesday for the launch timeline of X Cash, the platform’s funds function that may enable customers to ship one another cash, just like Venmo or Money App.
Talking at his AI firm xAI’s “All Arms” presentation, Musk stated the X Cash function remains to be in a restricted beta testing section over the subsequent two months, with a worldwide rollout after the testing section concludes.
“That is supposed to be the place the place all cash is. The central supply of all financial transactions,” he stated.
The X platform has about 600 million common month-to-month customers, based on Musk. “We wish it to be such that should you wished to, you would reside your life on the X app,” he added.
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