ChangeTip to Charge 1% Transaction Fee for BTC Withdrawals
Bitcoin social tipping and micropayment service provider ChangeTip will soon charge a fee on Bitcoin and USD withdrawals, for both digital content providers and ChangeTip users. "Sending tips via ChangeTip is currently free, but we can't keep it free forever. ChangeTip believes in paying for what you use (micropayments) instead of subscription fees. ChangeTip's goal is to keep payments as frictionless and low-cost as possible, and we also value transparency," announced the ChangeTip team. The Bitcoin startup initially planned to implement the new pricing system on December 15, 2015.....
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ChangeTip now enables ACH payments for Bitcoin. Bitcoin tipping startup ChangeTip now allows customers to buy Bitcoin via ACH without waiting for days for a bank account to be linked to the transaction. The company charges a flat rate regardless of the transaction amount. To enable the payments ChangeTip has partnered with electronic solutions provider Knox Payments, a company that has a focus on speeding up the processing of funds through ACH. ChangeTip is a new platform that enables micropayments via social networks. It holds great promise especially in fundraising. It charges no....
San Francisco based Bitcoin microtransactions startup ChangeTip announced the launch of a new service called ChangeTip Wallet today. ChangeTip Wallet is being launched as a decentralized version of ChangeTip’s social tipping service ChangeTip. ChangeTip Wallet will offer the same services as ChangeTip but it is decentralized and has fewer restrictions in terms of account size, transaction amount and user locations. Users will also be able to manage their own private keys. Founded by Nick Sullivan in 2013, ChangeTip enables users to send micropayments or “tips” in Bitcoin across various....
ChangeTip's humble origins began in the earlier days of Bitcoin, when it wasn't as strong of a talking point of conversation for social analysts today. ChangeTip, when it was just BitcoinTip, saw early on that the Bitcoin community wanted and needed a way to show off how the technology works and promote it to people through social media. To those that may not have seen a ChangeTip bitcoin transaction take place on Reddit or Twitter, ChangeTip is a tool to send bitcoins quickly and efficiently to one another in the form of "tips." If people see something they like online and want to show....
Off Chain Bitcoin transactions are a highly useful innovation for Bitcoin. In such a transaction, a claim on an amount of bitcoin is sent from one person to another. No actual bitcoin gets exchanged, and the transaction is not recorded on the blockchain These kinds of transactions are beneficial because they can be made instantly, without waiting for miner confirmations, and without paying miner fees. Because of these characteristics, off chain transactions can make for a highly efficient business model that involves internal transactions between individuals using a service. ChangeTip is a....
ChangeTip wants to be "a Love button for the Internet," a simple way to show appreciation with a micropayment in Bitcoin. ChangeTip lives on the social networks that we all use every day so that your tip could trigger a viral avalanche of micropayments to a worthy person, or cause, and make a difference. Also read: Bitcoin Micropayments Can Save The Arts. When a Like isn't enough, mention @changetip and an amount to show your appreciation, and they will send a Bitcoin tip to destination. Anytime you want to reward someone, all you have to do is mention Changetip and an amount, and they'll....