X Users to Trade Crypto and Stocks Directly Through Their Timeline
According to X’s Head of Product, Nikita Bier, the upcoming Smart Cashtags feature will enable users to trade cryptocurrencies and stocks directly via the social media platform. In a February 14 post on X, Bier confirmed the rollout of several features within weeks, most notably Smart Cashtags, which will allow trading directly from users' timelines.
Prior to this, Bier teased the launch in January, building on the basic cashtag functionality introduced in 2022 that tracked prices and provided visual data for major assets before its discontinuation. The new iteration is expected to enhance the $TICKER system, displaying live price charts, related X posts, and direct trading options.
I genuinely want crypto to proliferate on X, but applications that create incentives to spam, raid, and harass random users is not the way. It meaningfully degrades the experience for millions of people — only to enrich a few people.
Crackdown on Platform Abuse
In the same post responding to a thread on third-party crypto apps, Bier addressed spamming, raiding, and harassment issues. Meanwhile, Christopher Park, director of X’s developer platform, stated that all automation and spam through scraping and API will be flagged moving forward.
No more bots/programs that do or incentivize large-scale platform manipulation, engagement farming, spam, & scraping.
X Begins Beta Testing for Payments Feature
Bier clarified that X is not handling trade execution or acting as a brokerage but developing financial data tools and links. This aligns with X’s financial services push and Elon Musk’s broader goal of making the platform an everything app. X Money, enabling peer-to-peer payments, has completed internal employee testing and is in limited beta over the next two months before worldwide rollout.
