Telegram's crypto wallet has expanded its functionality: multi-asset trading and new earning opportunities have been added
New features have been added to the Telegram crypto wallet, including multi-asset trading and profitability.
New features have been added to the Telegram crypto wallet, including multi-asset trading and profitability.
Telegram Wallet, developed by a third-party company, The Open Platform (TOP), was launched on the TON blockchain in 2023.
The wallet is primarily focused on the Toncoin cryptocurrency, which can be used on the Telegram platform to tip creators or pay for mini-games and apps. It also supports Bitcoin and USDT (on the TON blockchain). Since its initial launch, the wallet has also added support for other currencies, such as Notcoin.
Following today’s update, TOP says users will be able to buy, sell, or store cryptocurrency without on-chain deposits, making it easier for new users to access cryptocurrency storage and trading, TechCrunch reports .
TOP is also introducing a component of earning for holding a certain amount of Toncoin into the wallet. The company did not specify what percentage of profitability or how much cryptocurrency you need to hold to start earning. Later this year, TOP plans to add profitability for USDT holders and launch loyalty programs that will benefit Toncoin holders.
Telegram Wallet has also undergone changes, with a new navigation bar at the bottom and an easy way to switch between the Wallet, Trade, and Earning sections.
The new wallet update will begin rolling out to users in March and April. The company notes that some features may be restricted in some countries due to local regulations.
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