😲 Is X app competing with trading platforms? The game map is changing 📉📈 The platform we were using for tweets is now entering the world of trading, investment, and payments! 😳 Elon Musk announced that X will transform into an "all-encompassing app" or as they say, Everything App, meaning you'll be able to do everything from it:
Pay your bills 💳 Invest your money 📈 Trade stocks or crypto 💹
And also launch a Visa or MasterCard later this year.
So does this mean that X will support crypto? The closest answer is yes, very likely! Musk is known for his support of cryptocurrencies like $DOGE and $BTC, and he previously said he wants to make X a place where you can pay with crypto. And if this actually happens, we are facing a terrifying shift in the market.
Will I use X for trading? If they provide an easy experience, low fees, and fast execution? Why not, but they will need to make a difference to compete with platforms like Binance or Bybit.
This means they need a sophisticated and fast user interface, support for more than just one digital asset, not just DOGE 😂
Strong security and a secure wallet, low spread, and fast withdrawals.
If X enters the crypto market effectively, we will have a new and crazy player in the arena, and Elon Musk is not joking when he thinks about entering the market... he turns it upside down for everyone. Keep your eyes on X and monitoring the market is very important in the coming days because this could change the game rules 🔥