Instagram Could Be The Next Destination To Buy And Sell Cryptocurrency

More stories for you

FedEx Slashes Jobs And Facilities As Part Of $2 Billion Restructuring Plan

14 hours ago

Tech Giants Spend Over $1 Billion To Buy Back Into The U.S. Office Market

14 hours ago

The U.K. Just Proved Gender Equality Is A Win For All Workers

3 days ago

Trump’s “Big Beautiful Bill” Just Changed the Rules on Tipped and Overtime Pay — Here’s What Workers And Employers Need To Know

5 days ago

Instagram is exploring implementing a new feature that would allow users to buy and sell cryptocurrency.  

Although it is unlikely that the Meta-owned social media platform will rival companies like Ethereum, it is expected to help boost Meta’s efforts to develop its own metaverse. 

Advertisements

Currently, Instagram is exploring incorporating this concept through a separate tab called “collectibles” under users’ profile, where a user can display or sell NFTs. 

While this appears to be an effort to stay relevant in today’s age, Instagram has already been making the transition to be a place where people can interact, shop, and be entertained — which the metaverse also aims to do. 

Advertisements

By making this transition, essentially anyone can have the ability to make money through Instagram. This opens up an entirely new avenue for people to make income and accelerates the adoption of metaverse-like activities. 

Advertisements