According to X’s Head of Product, Nikita Bier, the upcoming Smart Cashtags feature will enable users to trade cryptocurrencies and stocks directly via the social media platform.
X Users To Trade Crypto And Stocks Directly Through Their TimelineIt is expected that this upcoming Smart Cashtags will be an improvement on the existing $TICKER system, which allows users to prefix token tickers with a dollar sign in order to create a clickable link. The tags will show live price charts, related posts on X, and direct trading options.
In his Saturday post, which was in response to a thread about third-party crypto apps, Bier also addressed the issue of spamming, raiding, and harassment on the X platform.
Bier said:
I genuinely want crypto to proliferate on X, but applications that create incentives to spam, raid, and harass random users is not the way. It meaningfully degrades the experience for millions of people — only to enrich a few people.
X Begins Beta Testing For Payments FeatureThe social media platform looks set to launch X Money, a digital feature that enables peer-to-peer payment. Musk revealed earlier this month at an xAI presentation that X Money has completed internal employee testing and is in a limited beta testing phase over the next two months before a worldwide rollout.
