Telegram presents trading and yield features for its crypto wallet
Telegram’s self-custodial crypto portfolio, developed by a third-party company called The open platform (Above), has introduced new features for people who do not only use Telegram as email application. Updates include multi-active and yield trading features.
Based on the tonne blockchainTOP launched the portfolio in 2023. The company said that more than 100 million users had registered with an account with Wallet on Telegram. In addition, he noted that most of these users were new in the cryptography ecosystem.
The product of the portfolio was mainly focused on the Toncoin cryptocurrency, which can be used on the telegram platform to tip creators or pay mini-games and applications. It also supports Bitcoin and USDT (on the tonne blockchain). Since the initial launch, the portfolio has also acquired the support of other currencies like Notcoin.
After today’s update, TOP says that users will be able to buy, sell or have a crypto without deposits on a chain. This allows new users to more easily embark on cryptographic detention and trading.
The company also introduces a gains component to the portfolio to have a certain amount of tone. He did not specify the percentage of yields or the quantity of crypto you would need to start winning. Later this year, the best plans to add yields for USDT Holdings and launch loyalty programs that would benefit Toncoin holders.
Telegram Wallet has also undergone a makeover, with a new navigation bar at the bottom and an easy way to switch between wallet, trade and sections.
“This update improves Wallet’s feature, to meet consumer expectations for an open and wide market. With the current update portfolio, now works as a full-fledged cryptographic platform in Telegram while remaining as simple and accessible as ever. We also plan to implement a loyalty program specifically for tones holders, in order to further strengthen the adoption of the ecosystem of your, “said TOP CEO Andrew Rogozov in a press release.
The new portfolio update will start to take place to users in March and April. TOP has said that certain features may be limited in certain countries according to local regulations.
Last December, founder of Telegram Pavel Durov said the company has become profitable. The platform has more than 950 million monthly active users. Cryptocurrencies have contributed to the company’s net profit thanks to integrations with content And Mini Application payments.
