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Cryptocurrency News Articles
X Money: Elon Musk's Payment Platform to Support Crypto, Including Bitcoin and Dogecoin
Jan 03, 2025 at 08:13 pm
The imminent debut of Elon Musk's X Money, also known as X Payments, is sparking widespread speculation. Theories surrounding the payment platform are swirling.
Elon Musk’s X Money payment platform is launching soon, and leaked code suggests it could be available in 39 US States initially. X Money will reportedly enable X users to tip content creators, and it might support crypto.
A recent post by American entrepreneur Alex Finn on Twitter has sparked speculation regarding the imminent debut of Elon Musk’s X Money payment platform.
According to Finn, who claims to have analyzed leaked code, X Money could launch as early as today, January 3. However, it may only be available in 39 US States to begin with.
The code also suggests that X Money will be launching with limited state availability, specifically in the 39 states where X Payments LLC, the backbone of X Money, has secured regulatory approval to operate.
X Money Tips for Content Creators
At its core, X Money will reportedly function as a platform for X (formerly Twitter) users to tip content creators.
With financial incentives provided by X Money, creators might be more inclined to produce richer content that enhances X’s offerings – especially those who aren’t reliant on conventional ad revenue models.
The platform’s exact details have not yet been disclosed. Yet, Finn announced it’ll support crypto in a self-hosted X space.
There’s surging suspicion that X Money will support Bitcoin ($BTC) and Dogecoin ($DOGE), owing to Musk’s already accepting $DOGE payments at Tesla. Musk also holds $1.1B $BTC for his $1.19T supercar company.
Considering Elon Musk’s Web3 advocacy, crypto and even meme coin support wouldn’t come as a surprise.
Supporting crypto could also provide huge user benefits, owing to its decentralized nature and speedy processing times. As one X user commented in response to Finn’s post, “No permission needed, no holding back, just pure opportunity.”
Best Wallet to Compliment X Money
Those interested in Musk’s payment platform will need a reliable crypto wallet like Best Wallet.
That’s because you need a good wallet for your crypto before you can use it to tip anyone.
Best Wallet is on track to attract 40% of the 11B non-custodial wallet market by 2026. It sets itself apart from competitors like MetaMask owing to its unwavering support of presale projects and 60+ blockchain networks.
Best Wallet’s multi-blockchain support and user-friendly functionality should meet X Money payment requirements.
Another perk is its off-ramping function. Users can easily convert crypto into 100 fiat currencies (including $GBP, $USD, and $EUR) in their bank accounts. This means content creators being tipped in X Money can easily convert their funds into real-world currency for everyday spending.
For just $0.023375, $BEST token buyers can join the crypto wallet token project and have a say in the Best Wallet ecosystem’s future. Given the radical disruption changes to the game that launches like X Money pose, it’s no wonder Best Wallet’s presale has already raised over $6.2M.
However, this isn’t financial advice. Be sure to always do your own research before making any bold investment choices.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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