Investment era on X: Stock trading officially begins

The X platform is preparing to introduce a significant innovation in the world of investing. Under the leadership of Elon Musk, the social media network will soon implement technology that will allow users to conduct stock and cryptocurrency transactions directly without leaving the platform.

According to information provided by product manager Nikita Bier, with the planned updates, investment transactions will become a natural part of the feed. This will allow users to access their financial transactions with a single click without disconnecting from their content experience.

As one of the system's standout innovations, a feature called "Smart Cashtags" will allow users to click on stock symbols found in posts to both access detailed information and quickly complete investment transactions on the same screen. In this way, content tracking and trading decisions will be presented together on the platform for the first time.

NEW PAYMENT SOLUTION LAUNCHES WITH X MONEY

On the other hand, the X platform's expansion move in the field of financial services is not limited to investment transactions. Tests are also ongoing on a payment infrastructure called X Money. Thanks to this new system, users will be able to carry out money transfers and various payments within the application.

Elon Musk announced that the new payment solution is currently being tested within the company and is planned to be opened to a limited group of users within the next one to two months. By integrating investment transactions into X Money in the future, the goal is to create a comprehensive financial ecosystem on the platform.

With these initiatives, X aims to transform into an integrated digital platform that combines the social media experience with investment and payment solutions.

News Source: 12punto