ChangeTip Adds Dollar Tipping to Woo Non-Bitcoin Crowd
Users of bitcoin tipping platform ChangeTip can now send tips in US dollars, a move aimed at capturing users who may be wary of digital currency. Currently, ChangeTip's service - used across 12 social media platforms - denominates tips in bitcoin, or 'bits' (each worth 0.000001 of a bitcoin). However, in a statement today, the company said it is revamping its platform to support US dollar tips, a move that follows credit card support announced in July. Nick Sullivan, founder and CEO of ChangeTip parent company ChangeCoin, said in a statement: "While electronic payments are well-established....
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With bitcoin gaining more attention on the internet these days, ChangeTip sought to integrate social media operations with tipping for content. One such example is their partnership with SoundCloud in accepting and sending tips for artists. The company aims to introduce the "money layer of social media" in making use of the platforms to transfer money worldwide. Although a lot of online companies have already made names for themselves in this regard, ChangeTip differentiates itself by having virtually zero transactions costs and allowing micro transactions, which are typically less than a....
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....
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....
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....
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....