One of the most awesome tipping services on the internet has to be ChangeTip. Not just because of the fact that it uses Bitcoin to send people tips, but the platform’s cross-compatibility is simply stunning. Whether you use Reddit, Twitter, Youtube, Facebook or Slack, you can tip anyone in the world. And it looks like funding your ChangeTip account has become a lot easier as well, thanks to the service provided by TipUp.
TipUp – Top-up Your ChangeTip Account
For the everyday user who is not too involved in Bitcoin, ChangeTip may seems like a perfect solution to contribute to other people’s efforts, but you will still need to obtain Bitcoins first. And unfortunately, obtaining Bitcoins through traditional payment methods is still a rather tedious process for most consumers. Not because the process is hard to complete, but simply because it can take a long time.
Not only will you have to resort to using slow traditional payment methods such as a bank transfer in order to fund your Bitcoin exchange’s account, but there is also the verification procedure to go through. While it is only normal for exchange platforms to verify users’ identities, it can take up to several business days before your account is actually verified. Add 1-5 business days for your wire transfer to complete on top of that, and you are looking at roughly a week of time passing by before you can even “hold” your first (piece of a) Bitcoin.
As much as everyday users would love to see some sort of credit/debit card to/from Bitcoin exchange, it is not going to happen any time soon. Granted, there are several exchanges experimenting with this possibility, as they all use a third party payment processor in order to verify the legitimacy of these transactions. TipUp looks to be handling all transactions themselves from what we can gather at this point in time.
Anyone can top-up their ChangeTip account by purchasing a prepaid Tip-Up from TipUp. Once a purchase has been made for a certain prepaid value (US$10 , US$25 or US$50), that amount is automatically sent over to your ChangeTip account, where it becomes spendable immediately. And that’s all there is to the process it seems, which will definitely benefit the overall user experience.
TipUp is currently operating on an “invite-only” basis, so we will be getting in touch with the team about getting an invite, and also conducting a small written interview. If you have any questions for the TipUp team, leave a comment below!
Website : http://tipup.me/