Elon Musk has partnered with eToro to enable Twitter users to have access to real-time prices and trade cryptocurrencies, stocks, and other assets. Twitter’s Cashtags feature will make this data will be available, which will allow users to interact with content around a particular asset by simply inserting a dollar sign in front of the ticker.
eToro is a social investment and trading platform that allows users to invest and trade in different financial assets, including stocks, commodities, cryptocurrencies, and more, while also connecting with other investors and traders to share strategies and knowledge.
In Q4 of 2022, the CEO of Twitter hinted that the social media platform was going to introduce Cashtags with data imported from TradingView as one of its product developments for the future.
Users of Twitter can now have access to real-time trading data from TradingView on certain assets, including Tesla shares and the S&P 500 index. They can also make investments through the eToro platform.
Twitter added a live chart for Bitcoin and Ether four months ago, and according to the company, this feature will grant its users access to live information about cryptocurrencies and help propagate crypto.
Elon Musk has always been a huge fan of crypto, showing a strong affinity for Dogecoin, the meme coin linked to him. An extra feature to support the development of crypto is the signs displayed whenever the hashtags #Binance or #Bitcoin are tweeted on the platform.
Between April 3, 2023, and April 6, 2023, the desktop logo for Twitter was changed to Dogecoin. This resulted in a spike in the price of the asset. From all indications, it is expected that more features and tools will be added to the platform in support of finance, especially crypto.
Featured Image Source: Tipranks.com
