Telegram users can now buy, sell, and send bitcoins. This is because this major cryptocurrency has been integrated into the popular messaging application’s wallet bot. This bitcoin support follows Tether, which was recently integrated into the wallet, allowing users to also trade in this stablecoin.
More than 1 billion Telegram users can now send bitcoin via chat
On Friday, April 21, Telegram’s @wallet bot announced the addition ofBitcoin (BTC)support to its web interface. The development team explains that until now, the top cryptocurrency by market capitalization was only accessible to text bots.” Now, all @wallet users will be able to take full advantage of our web interface.”announcementon Telegram details.
Telegram is very popular among cryptocurrency users, with an estimated 1.068 billion users on the messaging app, according to an April 2023reportBitcoin.com news confirmedreported. BTCwas added as this publication tested the @wallet bot on Telegram. In addition to Bitcoin, cryptocurrenciesToncoin (TON)and stablecoinTether (USDT)are also available.
To buy, sell, or deposit cryptocurrency using the Wallet bot application on Telegram, a phone number is required for account verification. The Wallet bot team also explains that the exchange interface has been upgraded in the latest update.” One of the most important new features of the platform is the updated exchange interface.” the @wallet announcement notes.” With this new wallet exchange, you can now instantly exchangeBTC, USDT, offering a TON on favorable terms.”
Whereas in April 2022 TON was the only crypto asset that could be transferred to other Telegram users,. is BTCand. USDTcan now be leveraged. For now, Telegram users can send three cryptocurrencies via the @wallet bot; according to statisticscited by Techcrunch, as of June 2022, Telegram had over 700 million monthly active users, up from the 2021 200 million more than the 500 million monthly active usersrecorded in January 2021.
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