Coinbase Discontinues its Bitcoin Tipping Services, Backs ChangeTip
Bitcoin wallet and exchange Coinbase today announced its plan to discontinue its Bitcoin tipping services effective April 1st this year. As stated in the company's blog, the reason behind their sudden withdrawal from micro tipping business is ChangeTip - another bitcoin tipping service which has been constantly ruling the market. In Coinbase's own words, the latter has got "some better traction and done a great job at pushing the tipping ecosystem forward." Coinbase further announced that it would encourage its existing tipping customers base - around 10,000 individuals - to move to....
Related News
Potentially bitcoin's first killer app, tipping has been a hot topic of discussion lately. Earlier this week Bitcoin investment firm Pantera Capital announced its participation in the Series A funding round for social tipping startup, ChangeTip. And just last month Coinbase launched its bitcoin tipping button to allow anyone to accept micropayments anywhere on the web. Despite it being early days in the world of bitcoin tipping, it seems as though early adopters have their personal preference when it comes to which service they want to use to spread value across the internet. A discussion....
Bitcoin services provider Coinbase has announced it is shutting down its tip button effective 1st April, citing the traction of competitor ChangeTip. Perhaps most notably, Coinbase will be directing the 10,000 users its service has enrolled to ChangeTip in a bid of industry collaboration. The company's blog post reads: "ChangeTip is an excellent example of a company which uses our APIs, and we'd like to support them instead of competing with them." Launched in November, Coinbase's feature was enabled by blogs written by television personality Adam Carolla and bitcoin VC Fred Wilson. At the....
Users of online Bitcoin tipping service ChangeTip can now receive and send tips in US Dollars. Launched in 2013, the San Francisco-based platform is known to have tipped around $250,000 by January 31st, 2015. In many cases, ChangeTip had also been used as a micropayment settlement service, by denominating the Bitcoin tips in small fractions - known as 'bits'. However, their decision to integrate the USD comes as a surprise to most of the Bitcoin community. On its latest thread on Reddit, ChangeTip revealed the reasons behind the sudden revamping. The company had lately conducted a....
A few days ago, we at newsBTC had the great pleasure of interviewing Will from tipUp.me. see below for our interview with one of the leading bitcoin tipping services on the internet! NewsBTC Interview with tipUp.me. 1) First of all, tell us a little bit about what tipUp.me is all about. tipUp.me helps people easily top-up their ChangeTip accounts using a credit or debit card. We call this a tip-up. Previously, the only other ways to add to ChangeTip were from already existing Bitcoin addresses or by signing up through exchanges like Coinbase, funding a wallet, and then funding a ChangeTip....
The well known, internet-based Bitcoin Tipping system, ChangeTip. has just announced in its official Blog that it is now possible to send Bitcoin through Facebook. The ChangeTip team is absolutely excited with the new feature and feels that this is great news for the Bitcoin community. The ChangeTip team states that, thanks to popular demand, Facebook has enabled their social tipping app, so Facebook users will now be able to send tips for their favorite content through the social network. ChangeTip’s vision is based on online generosity through tipping. To realize that vision, they built....