The imminent release of Elon Musk’s X Money, also known as X Payments, is causing widespread speculation.
The ideas surrounding the payment platform are swinging behind X CEO Lindas Yaccarino confirmed in the New Year to launch in 2025 alongside X TV and Grok.
According to American businessman Alex Finn, the code was leaked recently suggested that it will be launched soon – maybe even today.
In addition, it may only be available in 39 countries in the US initially, where the backbone of X Money, iX Payments LLC, has received regulatory approval.
X Crypto Deposit Fees?
At its core, X Money will allow X (formerly Twitter) users to tip content creators.
With financial incentives enabled by X Money, creators may be more inclined to produce rich content that enhances X’s offerings – especially those who don’t rely on traditional ad revenue models.
The exact details of the speaker have not been revealed. However, Finn has announced that it will support crypto in the self-hosted X space.
There is growing speculation that X Money will support Bitcoin ($BTC) and Dogecoin ($DOGE), because Musk is already accepting $DOGE payments from Tesla. Musk also holds $1.1B BTC for his $1.19T supercar company.
Considering Elon Musk’s advocacy of Web3, crypto and even the support of a meme coin would not be surprising.
The underlying crypto can also offer huge benefits for users, due to its distributed nature and fast processing times. As one X user commented in response to Finn’s post, “No consent required, no restraint, just pure chance.”
Best Wallet Can Stream X Currency
Using a trusted crypto wallet like The Best Wallet it will be an important accessory for those interested in Musk’s payment platform. That’s because you need a good wallet for your crypto before you can use it to enrich anyone.
Best Wallet is on track to capture 40% of the 11B wallet market by 2026. It differentiates itself from competitors like MetaMask due to its consistent support for pre-sold projects and 60+ blockchain networks.
The best Wallet support for blockchains and easy-to-use functionality should meet X Money’s payment requirements.
Another advantage is its off-raping function. Users can easily convert crypto to 100 currencies (including $GBP, $USD, and $EUR) in their bank accounts. This means that content creators who are captured with X Money can convert their funds into real world currency for everyday use.
For just $0.023375, buyers of the $BEST token can join the crypto wallet token project and have a say in the future of the Best Wallet ecosystem. Given the major disruptive changes the game presents as X Money pose, it’s no wonder Best Wallet’s pre-sale has already raised over $6.2M.
However, this is not financial advice. Make sure you always do your own research before making any bold investment decisions.