TON Network launches Telegram wallet bot for P2P crypto trading

Telegram users tin present bargain and merchantability cryptocurrency wrong the app owed to a caller update for the @wallet bot. In April, the TON (short for “The Open Network”) cryptocurrency gained its ain @wallet bot connected Telegram’s unfastened WebApps platform, allowing users to buy, sell, and commercialized Toncoin (TON) without leaving the chat application.

A squad of autarkic TON developers moving has released a full-fledged cryptocurrency wallet wrong the chat app. With this caller addition, users tin behaviour cryptocurrency transactions straight with 1 another, with the work functioning arsenic a third-party guarantor.

Instead of sending crypto to different address, users lone request the Telegram grip of the recipient to transportation Toncoin. The @wallet bot functions likewise to a banking app, enabling users to bargain Toncoin utilizing their recognition oregon debit cards wrong Telegram. Users volition besides beryllium capable to bargain and merchantability Toncoin utilizing fiat currencies specified arsenic Dollars (USD), Euros (EUR), Ukrainian Hryvnia (UAH), Belarusian Rubel BYN, and Kazakhstani Tenge (KZT).

The Open Network (TON) was developed successful 2018 by Parel Durov and Nikolai Durov, the founders of the Telegram messaging app. Eventually, the project’s creators turned it implicit to the TON community, and since then, the radical has been liable for expanding and improving it. Later, a radical of non-commercial backers came unneurotic to make the TON Foundation, whose relation was to supervise the improvement of the TON Blockchain.

The TON improvement assemblage built the @wallet bot to facilitate cryptocurrency transactions wrong the confines of Telegram. Since its introduction, determination has been a important summation successful the usage of the @wallet, with implicit a cardinal wallets created and a $5 cardinal quarterly gross run.

The @wallet squad spoke connected the improvement of the Telegram trading bot, telling CryptoSlate:

“The motorboat of the P2P marketplace is different measurement towards our main extremity of creating a full-fledged crypto wallet integrated into Telegram via a bot.”

The developers’ purpose was to physique a cryptocurrency wallet that is user-friendly and elemental to usage for mundane people. The @wallet squad told CryptoSlate, “We’re creating a merchandise that would beryllium arsenic convenient arsenic imaginable for those conscionable getting started with cryptocurrencies, truthful we wage a batch of attraction to crafting an intuitive interface.” continuing:

“We judge that by taking this approach, we volition beryllium capable to physique a ample assemblage and that @wallet volition go the astir fashionable crypto wallet among Telegram users.”

The station TON Network launches Telegram wallet bot for P2P crypto trading appeared archetypal connected CryptoSlate.