What Is Cryptips?
Due to the fact that Twitch, nor any other streaming solution directly supports the donation of cryptocurrency… Something had to be done.
Cryptips, is an easy to use solution for Twitch viewers to donate cryptocurrency to streamers and content creators. It’s also the first ever peer-to-peer decentralized donation system.
Currently they have support for Bitcoin, Litecoin, Groestlcoin, Vertcoin, Viacoin, Nano, and Dash.
Additionally, you can donate using Paypal as well.
How Does It Work?
It’s easy as one, two, three! Sorta…
Thanks to StreamLabs integration, all the streamer needs to do to get started is create an account, provide their public wallet keys(should probably pick a wallet to use too), and change the on-screen image + notification sound if desired.
Streamlabs will display the on-stream notification once a donation is received, just like it would for a standard Paypal or Twitch Bit contribution.
Oh! Don’t forget to paste your account specific link in your description so your viewers can see where to go donate. This is generated once you provide your wallet details.
Once you click the donation link via your desired streamer, you can select which type currency you wish to donate to them… It could be Paypal, Bitcoin, Groestlcoin, or whatever else Cryptips supports.
From here, the wallet address for the streamer to receive your donation is generated.
Afterwards, you send your funds to the newly generated address and you’re done!
Depending on what currency you send, the transaction will post, and appear on-stream just about instantly.
If you’re a streamer interested in cryptocurrency, go ahead and check out Cryptips. Accepting more forms of currency can only increase your revenue, and will additionally spark more intellectual crypto related conversations.
Sending money should be free, especially if you’re “donating” it.