Elon Musk’s X to Add In-App Trading and Investing Features

The Elon Musk X app is set to add trading and investing features within the social-media app. According to a recent report , this change is part of Musk’s larger plan to make X a super app like WeChat, which combines social networking with finance, shopping, and more. Elon Musk’s X Advances Its Super App Vision Ultimately, the new feature will let users trade and invest directly in the X app. This change makes the app a single place for both content and financial services. It is worth noting that the launch will start in the United States with a new brand called X Money. Meanwhile, this new initiative expands X’s digital payments and financial technology efforts. Musk wants to change how people use financial tools by directly adding stock trading, crypto investing, and digital payments into the platform. The new X Money wallet will support regular cash transactions, peer-to-peer payments, and possibly digital assets, making it more versatile than current apps. Elon Musk X Removes Bitcoin and Crypto Hashtag Last year, Elon Musk’s X removed the Bitcoin hashtag emoji , sparking diverse reactions from the cryptocurrency community. This decision is part of a broader update by the platform, which has eliminated all hashtag emojis, not just the one associated with Bitcoin. The removal, however, was not publicly announced, leaving users speculating about the reasons behind this apparent change. Some users are disappointed, as they felt the emojis brought a unique and enjoyable aspect to their social media interactions. On the other hand, some users think that X might be removing the feature to clean up the platform and reduce clutter. Others speculate that this decision could be influenced by changing regulations and X’s need to remain neutral about cryptocurrencies. Elon Musk Building an Everything App Meanwhile, the enigmatic boss revealed his intention to stop using his phone number and instead use the X app for texts and audio/video calls. Under Musk’s leadership, this recent addition is part of a series of improvements to the platform’s core experience. Following his acquisition of the social media company, Musk indicated his plans to turn the platform into a super-app . He also plans to provide several services, including messaging, social networking, and peer-to-peer payments. Furthermore, Musk plans to take out traditional banks. He envisions that X will cover all aspects of a person’s financial life, from money to securities, thereby mitigating the need for traditional banks. The post Elon Musk’s X to Add In-App Trading and Investing Features appeared first on TheCoinrise.com .

Source: The Coin Rise