Elon Musk’s X has made it easier for its U.S.-based users to turn crypto and stock market chatter on their timeline into trades without leaving the app for long.
This feature, now live, allows U.S. users to tap a cashtag like $BTC or $TSLA, see their live charts and related posts and hit the “Trade button. Tapping “Trade” then takes users to one of X’s partner platforms – Interactive Brokers, Moomoo, Gemini,
Kraken or Coinbase – where they can log in or sign up and complete the order.
X is just letting users act quickly on financial chatter on their timeline, without acting as a broker. The actual buying and selling still happens at one of the partner exchanges.
Cashtags have been available on X for years as a way to follow financial market chatter. Earlier this year, the company upgraded them with real-time prices and charts.
Adding a direct path to trade is the next step in Elon Musk’s effort to turn X into a broader finance destination.
“Cashtags close the gap between a ticker on the timeline and the market itself,” Mridul Singhai, X’s product engineering lead, said.
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