Telegram In Telegram, a third-party cryptocurrency wallet mini app, is set up to expand its custody crypto services, adding at least 50 new cryptocurrencies and launching acquisition capabilities for users.
Open Platform (TOP), the largest venture builder in the Open Network (TON) ecosystem, manages telegram wallets as one of its portfolio businesses, announced the launch of the next wallet generation on March 13th, introducing a wide range of new features.
With the rollout, Telegram’s wallets will add at least 50 new cryptocurrencies, including the major cryptocurrencies Ether (ETH) and XRP (XRP), as well as memokines like Dogecoin (Doge) and Pepe (Pepe).
Source: Telegram wallet
The new generation of wallets is set to be rolled out within the next two months, and will also introduce “acquisition” functionality. This allows users to earn returns on assets, including Tether’s USDT (USDT).
Initial rollouts limited to in-app transactions
Initially, wallet users can buy and sell and hold non-ton tokens without on-chain sediment or drawers. This means that Altcoin transactions to other wallets and exchanges are not permitted.
“The current stage of the rollout can only be used in in-app transactions with non-ton tokens,” a wallet spokesperson added that the AltCoin option can only be used for transactions within custody wallets. The spokesman added:
“We mainly focus on ton ecosystems and maintain the operation of the entire range of tonnative tokens within our management wallet. At the same time, we see consumer interest in expanding our portfolio with other assets, and we want to offer such an option in a trade-only mode.”
“The token list is not yet final, as it will gradually unfold within the next two months,” the spokesman said, adding that the first release will feature 50 assets and the full list is finalized.
Wallet acquisition: Minimum deposit is 0.1 tonne
In addition to expanding the wallet with a large number of altcoins, Top is working to introduce new “Trades” and “Get” sections.
Starting with Toncoin (TON), your first acquisition campaign offers a “flexible yield” for TON deposits with a minimum deposit of 0.1 tonnes.
“Yield is generated from ton staking,” a wallet spokesman said.
Related: The wallet will enable ZeroFee USDT deposits. The withdrawal fee remains the same
Wallet also announced that it plans to expand its earned products to more altcoins and stubcoins, including tether USDT (USDT).
Additional on-ramps are coming
In addition to introducing more trading and revenue options, Telegram’s wallets have recently boosted lamp options.
In mid-March, Crypto Infrastructure Firm Mercuryo integrated its lamp solution into a telegram wallet.
This solution allows users in certain countries to purchase default supported assets such as BTC, TON, USDT, and other USDT in USD and Euros through the platform.
The new OnRamp option combines previously available options and deposits funds into Telegram wallets using a debit card.
Mercuryo’s current integration supports only lamps or deposits, and is expected to be released in the second quarter of 2025.
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