X is testing a new encryption feature, and the user may in the future see a transaction button directly next to the price chart in the post and jump to buy and sell assets such as BTC, ETH, XRP, etc. The functionality has not yet been formally online and the timing of the release has not yet been determined.
X or flow external platform
The former X Product Manager Nikita Bier indicates that this button may be added to the encrypted chart page, based on the existing X Smart Cashtags function. Cashtags currently supports users to click on shares or encrypt asset codes to view corresponding line information.
Bier had mentioned earlier that the user might in the future complete the transaction directly within the time line. He then added, however, that X itself would not deal with actual transactions or act as a broker. More likely, the user clicks the button and is directed to an external platform to complete the order.
Unpublished list of supporting assets
This is similar to X's current practice in Canada. Local users who click on shares or encrypted asset codes will jump to Wealthsimple, where the actual transaction is completed.
Currently, X has not published a complete list of supporting asset or block chain networks. Bier mentioned Solana and Etheum. Solana has also described this function as supporting the Solana ecological token through Dialect, Helius, Jupiter and Birdeye.
- Potential supporting assets include BTC, ETH, SOL
- Reports also mention XRP, ZEC and XLM.
- But the list is not an official announcement.
X Money Synchronization
This encryption test appears when X advances X Money. X Money, a payment product in the Mask “Super APP” scenario, was gradually opened to United States Premium and Premium+ users on 27 July.
- Top 6% of annualized earnings
- 3% Return to Visa card
- Top $10 million FDIC Guarantee
Related banking services are provided by Cross River. However, the existing X Money product page does not mention encrypted assets, bitcoin, stock trading or brokerage services.
If X eventually embeds the encrypted transaction entry into the postchart, the user will further shorten the path from seeing token information to jumping down the list. This means that the link between social content, showcasing and the flow of transactions may be closer.
