Twitter is working on developing its own cryptocurrency wallet

Representatives of the social network Twitter are working on innovations to make the platform more attractive to the cryptocurrency community, and one of them is its own crypto wallet. According to information published by Jane Manchun Wong, a software interface developer, Twitter is working on a cryptocurrency wallet.

Twitter is working on a «wallet prototype» that supports «crypto deposit and withdrawal»

— Jane Manchun Wong (@wongmjane) October 24, 2022

According to Jane Manchun, the wallet will support deposits and withdrawals. There is currently no official information from the social network on the launch of the new functionality. However, users have already divided into 2 camps: some are ready to test the new product right now, while others consider the launch of a Twitter wallet a foolish idea.

Given that Twitter representatives signed a partnership agreement with popular NFT marketplaces last week, the possibility of launching a crypto wallet on the social network looks real. NFT platforms such as OpenSea, Rarible, Magic Eden, Dapper Labs, and Jump. trade integrate non-fungible tokens into the «tweet tiles» mode, so users will be able to share their NFTs on Twitter.

«The ability to embed NFTs complete with relevant information and a direct link to the product will drive sales and help discover new and popular collections ,» Twitter representatives said. Tweet tiles are a new type of post that Twitter launched back in August. Tweet tiles contain large images and allow changing fonts. The innovation makes the content on Twitter more dynamic, attracting users.

In early October, Twitter representatives announced the launch of post editing for users in Canada, Australia, and New Zealand, a feature added despite warnings that cryptocurrency fraudsters could use the new functionality for malicious purposes. From now on, users will be able to edit their posts within 30 minutes after they are published, and they can correct a post no more than 5 times.