20/03/2021
Twitter users can now send bitcoin (BTC) with a single tweet after digital payments app Bottlepay launched its built-in Bitcoin feature for social media.
Transactions between Twitter users can now apparently be done via a simple Twitter template: @bottlepay sends 1000 sat to @twitteruser. The order can be executed directly from the Twitter app, and the bitcoin is automatically transferred from one user to another.
Bottlepay describes itself as a global disruptor for payments and raised $15 million in a startup round in late February. The Bottlepay app can also be used with other social media platforms such as Reddit and Discord. The beta version of the app reportedly attracted 20,000 users without marketing, and that in just over a month since its launch on the 10th. In the month of February, $2.4 million worth of transactions were settled.
With bitcoin’s transaction costs set to rise sharply between 2020 and 2021, it’s reasonable to doubt the currency’s suitability for an everyday social payment app. Bottlepay circumvents the high cost of bitcoin transactions by using the Lightning network, a tier 2 solution that avoids network congestion by taking bitcoin transactions out of the loop.
Bottlepay Social Payments from Bottlepay is a much-needed update to today’s cumbersome and outdated payment systems and a step forward to smoother, easier transactions, says Mark Webster, CEO of Bottlepay.
Related Tags:
bottlepay token,bottlepay coin,bottlepay stock,twitter mobile app,how much are bitcoins worth,best crypto wallet,Privacy settings,How Search works,bitcoin stock price,bitcoin calculator
Relevant news
Gold Bug Peter Schiff’s Son Goes All-in on BTC – Bitcoin News
Peter Schiff, the gold expert, discovered that his son, Spencer Schiff, had become Bitcoin.…
Angst and anger as NFTs claim high-culture status
It’s as immutable as a blockchain company: Irreplaceable tokens, or NFTs, have made art…
What keeps Bitcoin price similar across different crypto exchanges?
Bitcoin is traded in numerous places around the world, including many exchanges. However, the asset…
Spin to Win 10,000 Free Rounds in the Latest Tournament from Bitcoin Games – Promoted Bitcoin News
Win a prize pool of 50,000 free spins in the new Bitcoin Games tournament. 50…
Bitcoin price predictions for 2021
What are the highs (or lows) Bitcoin could reach by the end of the…
Mastercard and Visa make a case for Bitcoin
The 10th. In February, Mastercard announced that it would be supporting several cryptocurrencies on its…
Be the first to comment