Bottlepay Enables Bitcoin Transfers via Twitter, Expands to More Social Media Platforms

The surge in Bitcoin adoption shows no signs of slowing down, and a Newcastle-based startup is making digital currency transactions easier than ever. Bottlepay, a digital payments app, is simplifying the process of buying, selling, and transferring Bitcoin—without the complexities often associated with cryptocurrency.

Bitcoin Payments Through Social Media

In a groundbreaking move, Bottlepay has enabled Bitcoin transactions via Twitter, allowing users to send and receive Bitcoin instantly with a simple tweet. This innovation makes Bottlepay the first platform to facilitate seamless cryptocurrency transfers through social media.

Unlike PayPal and Revolut, which restrict users from withdrawing or spending their Bitcoin holdings, Bottlepay offers complete flexibility. Users can deposit, withdraw, or spend their Bitcoin anywhere in the world with a single slide.

Mark Webster, CEO of Bottlepay, described the app as “a much-needed update on outdated payment systems,” emphasizing its role in making digital transactions more accessible and efficient.

How It Works

Sending Bitcoin via Twitter is as simple as posting a tweet. For example, a user can type:
“@bottlepay send 1,000 sats to @twitteruser”
This instantly transfers the specified amount from one account to another. Since its launch last month, Bottlepay has already processed transactions exceeding £1.7 million.

Beyond Twitter: Expanding to Multiple Platforms

Bottlepay’s services won’t be limited to Twitter. The company plans to extend its functionality to other social media platforms, including Reddit, Discord, Twitch, Telegram, and Mastodon, enabling wider adoption of digital currency transactions.

More Than Just Bitcoin

While Bitcoin remains a primary focus, Bottlepay also supports transactions in traditional currencies. The company has confirmed plans to introduce euro (€) payments soon, with additional currencies to follow.

With its innovative payment infrastructure, Bottlepay aims to provide an instant, low-cost alternative to established digital payment platforms like Wise and Currencyfair.

Rapid Growth and Investment

Founded by Pete Cheyne and Peter O’Donoghue, Bottlepay is registered in the UK and operates under the FCA’s Innovation Hub. The company secured £11 million in seed funding from prominent investors, including British fund manager Alan Howard, former Goldman Sachs partners, FinTech Collective, and NYDIG.

Over the past year, the startup has expanded its workforce by over 200% and plans to grow its team by an additional 60% in 2024.

With its rapid expansion and growing investor confidence, Bottlepay is positioning itself as a major player in the digital payments and cryptocurrency space, bridging the gap between traditional finance and decentralized currency.