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Crypto Prune > Exchange > Very confidential details leaked about X (Twitter)’s new payment system “X Money” – is cryptocurrency involved? This is what we know
Exchange

Very confidential details leaked about X (Twitter)’s new payment system “X Money” – is cryptocurrency involved? This is what we know

8 months ago 2 Min Read

Cryptocurrency researcher Trench Diver has revealed previously unreleased features of the new payment service “X Money” on social media platform X (formerly Twitter).

Trench Diver said that by editing the platform’s client-side code, it was able to unlock the X-Money feature while it was locked.

Trench Diver shared the following details in his post:

  • X Money Card is coming: X is preparing to provide a physical “X Money Card” to its users. This card offers users 1% cashback. The card can be used for online shopping, even before it is shipped. It also offers the option to pay your bill. It was reported that some visuals of the card design have also been obtained.
  • There is no cryptographic support yet: Trench Diver said it cannot mention direct cryptographic payments within the system, but suggested that this feature could be added later.

Main features:

  • You have the option to send money to other X users or ask for money.
  • Payment methods include ACH, rearward, OCT and wire transfers.
  • Selfies and KYC (knowing the customer) verification are essential for using the system.
  • Online invoice payments can be made through the system.
  • This funds will be held in the name of X Money LLC, Cross Riverbank, FDIC insured.

These features were limited to users residing in the US, and only with permission, and Trench Diver was pasted into blank pages without giving full access to the system.

*This is not investment advice.

See also  Sui Dex Momentum is a $100 million strategic funding led by OKX Ventures
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