For the moment, tipping only works on mobile devices and does not appear to support ENS domain names.
On Wednesday, February 16th, Twitter announced that users can start sending and receiving tips in the world’s second-largest cryptocurrency by market cap, Ethereum (ETH). The move comes only five months after Twitter enabled Bitcoin payments back in September 2021.
What to Know About Ethereum Tipping
With Ethereum tipping arriving on the platform, Twitter users need to know how to prepare. One crucial step is to add an Ethereum address to the dedicated section within their accounts, which is where the tips will arrive.
However, the platform has yet to resolve a few odd issues, as adding an ENS domain name instead of full alphanumeric addresses proved to be unsuccessful. Those who attempted the former received an error box with a warning that the indicated punctuation is considered invalid by the system.
In response, Twitter created a tipping FAQ page with detailed explanations regarding the process. The FAQ answers questions such as “What is tipping?”, “Why did Twitter decide to introduce tipping?”, plus how to set up tips, who can send and receive tips, how tips can be used, and more.
Twitter is Expanding the List of Cryptos Available for Tipping
Over the last five months, Bitcoin has been functioning efficiently within Twitter’s ecosystem. Users can send Bitcoin tips via the Strike app, which sends payments through the Lightning Network.
With Twitter’s former CEO, Jack Dorsey, vocally supporting Bitcoin, the addition of the world’s first and oldest cryptocurrency to the platform was not surprising. Ethereum enjoys the reputation of being the second-most important project in crypto, and is currently the second-largest cryptocurrency by market cap, so its addition to the platform did not come as a surprise.
Thus far, Twitter has provided little information regarding Ethereum tipping. Initially, tipping will only be available for Twitter users on Android and iOS, and the platform will let users keep 100% of the tips they receive.
The company added that tips are meant to show support and appreciation to the site’s users, or even to help or reward them. This includes anyone, from emerging creators, journalists, Twitter Spaces hosts, or regular users whose tweets other users like.
Other than tipping with Ethereum, users can also turn to additional supported payment services, including Cash App, Venmo, GoFundMe, Wealthsimple, or Patreon.
The addition of ETH tipping to Twitter’s platform signals further integration of cryptocurrency into contemporary life and culture, as hobbyists and investors alike look forward to the additional adoption of cryptocurrency