Telegram’s Crypto Wallet Adds Trading and Yield Features for Toncoin and USDT

Telegram’s Crypto Wallet Adds Trading and Yield Features for Toncoin and USDT

Telegram’s crypto wallet, developed by a third-party company called The Open Platform (TOP), has introduced new features for people who don’t just use Telegram as a messaging app. The updates include multi-asset trading and yield functionalities. Image:Telegram Based on the TON blockchain, TOP launched the wallet in 2023. The company reported that over 100 million users have signed up for an account with Wallet on Telegram. Additionally, it noted that most of these users were new to the crypto ecosystem. The wallet product has primarily been 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 the initial launch, the wallet has also gained support of other currencies like Notcoin. Following today’s update, TOP says that users will be able to buy, sell, or hold crypto without any on-chain deposits. This makes it easier for newer users to get into cry…