Bottlepay launched a new feature that allows users to send and receive Bitcoin live on Twitter. This will decrease the transaction costs of bitcoins and other cryptocurrencies.
Bottlepay is an application that provides mobile payments, e-banking, and financial services. The company, founded in 2018 by Peter Cheyne and Peter O’Donoghue in 2018 is headquartered in Tyne, England.
“A single tweet — for example, ‘@bottlepay sends 1,000 sats (the smallest unit of Bitcoin) to @twitteruser’ — will instantly move the specified quantity of Bitcoin from one user’s account to another,” the company declared.
Bottlepay is exploring to launch similar features that allow people to transfer currency on other platforms like Reddit, Twitch, Discord, Mastodon, and Telegram as well. According to CEO Mark Webster, this could completely transform the way people make payments.
“Today’s consumers want the power to move their money immediately, from anywhere in the world. Bottlepay’s social Bitcoin payments are a much-needed update on the clunky, outdated payment systems available up until now, and a leap towards smoother, easier transactions,” Weber said.
Since last month, when the beta version of the application was released, the number of users increased by 20,000 after ratings as the number one Crunchbase Bitcoin start-up in the world. During this period the total transaction made through the app is more than £1.7m and is expected to be much higher with the addition of other types of cryptocurrencies that will be implemented in the future.
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