Crypto micropayment service TipJar shutting down, citing low usage

Cryptocurrency • October 7, 2019, 6:49AM EDT

TipJar, a cryptocurrency micropayment service built on the Ethereum blockchain network, is shutting down.

A TipJar developer announced the news on Reddit on Sunday, saying that the service has lately received “very little activity.”

TipJar supported micropayments in ether (ETH) and ERC20 tokens via Reddit for free. “The TipJar reddit bot is being shut down immediately, so tipping other users on reddit is no longer possible,” said the developer, adding that the TipJar website will shut down on April 10, 2020.

Users of the service, therefore, have been asked to withdraw funds "as soon as possible" via the TipJar website, as accounts will no longer be accessible and funds won’t be able to get transferred after the date.

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Yogita Khatri is a senior reporter at The Block, covering all things crypto. As one of the earliest team members, Yogita has played a pivotal role in breaking numerous stories, exclusives and scoops. With nearly 3,000 articles under her belt, Yogita holds the records as The Block's most-published and most-read author of all time. Prior to joining The Block, Yogita worked at crypto publication CoinDesk and The Economic Times, where she wrote on personal finance. To contact her, email: [email protected]. For her latest work, follow her on X @Yogita_Khatri5.