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X’s New Marketplace Sparks Ownership Concerns

X’s New Marketplace Sparks Ownership Concerns

Author:

Global Cryptocurrency

Published:

2025-10-21 08:59:02

20

3

BTCCSquare news:

Elon Musk's X platform has launched a Handle Marketplace, allowing Premium Plus and Business subscribers to trade inactive usernames at prices reaching up to $1 million. The initiative monetizes digital identity but faces criticism for opaque pricing and inactivity criteria.

The marketplace is exclusive to high-tier subscribers, with resale prohibited. X aims to offset declining ad revenue through this venture, though its lack of transparency raises questions about account eligibility and valuation methods.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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