PiCK

X signals rollout of feature enabling direct crypto trading from the timeline

Uk Jin

Summary

Social media platform X said it plans to introduce a feature that will allow virtual assets to be traded directly from the timeline.
Nikita Bier, X’s head of product, said that within the next few weeks the company will roll out multiple features, including Smart Cashtags, enabling users to trade stocks and virtual assets directly.
Smart Cashtags are an expanded version of the existing Cashtags function that displays stock symbols or crypto tickers, and are expected to be integrated with trading functionality in the future.

Social media platform X (formerly Twitter) is set to introduce a feature that will allow users to trade virtual assets (cryptocurrencies) directly from their timelines.

On the 14th (Korea time), Nikita Bier, X’s head of product, said on X, “We plan to launch several features, including Smart Cashtags, within the next few weeks,” adding that “this will enable users to trade stocks and virtual assets directly from the timeline.”

Smart Cashtags are an expanded version of the existing Cashtags function on X that displays stock symbols or crypto tickers, and are expected to be linked to trading capabilities going forward.

However, Bier also voiced caution about the risk of spam spreading through the use of virtual assets. He noted, “Crypto-related applications must not operate in a way that undermines the platform user experience.”