WhatsApp Cryprtocurrency Feature : Facebook has many big plans regarding cryptocurrency. One of these is also a feature to send crypto in WhatsApp. The company has launched this feature as a pilot.
- WhatsApp is bringing cryptocurrency payment feature
- Cryptocurrencies can be sent on WhatsApp.
Cryptocurrency is the future and keeping this in mind, WhatsApp has started a pilot of cryptocurrency payment. Transactions in cryptocurrencies can also be done on WhatsApp. However, it is currently in the form of testing and it is being rolled out for limited users.
WhatsApp has given the feature of cryptocurrency transactions in the chat itself. For this, the company has used the Novi platform of Meta (Facebook). Facebook introduced the Novi digital wallet as a test a month ago.
WhatsApp CEO Will Cathcart has announced this new pilot feature of WhatsApp. It is worth noting that sending cryptocurrency on WhatsApp will be similar to sending a normal attachment.
New in the US: use your @Novi digital wallet to send and receive money right within a @WhatsApp chat. People use WA to coordinate sending money to loved ones, and now Novi will help them do that securely, instantly and with no fees. https://t.co/4wG4t8zwKh— Will Cathcart (@wcathcart) December 8, 2021
For example, just as you send a file or photo to someone on WhatsApp, cryptocurrencies can be sent on WhatsApp. Using this feature will also be easy.
This feature has been introduced as a pilot only in the US for the time being. This will be for both Android and iPhone. To send cryptocurrency, users need to tap on the paper clip icon in the chat and select Payment.
There will be no extra charge for sending cryptocurrency with this feature given in WhatsApp. There is no charge even for holding cryptocurrency in a Novi account.
There will be no extra charge of any kind for sending or receiving crypto.
There will be no charge for transferring money from Novi Wallet to bank account. According to the company, the payments will be instant and it will not take much time.
Significantly, Facebook has started working on cryptocurrencies only a few years ago. The company also announced Calibra.
In the coming time, the company can also provide this feature in its core platforms like Facebook and Instagram.