Telegram’s wallets are getting new upgrades with new interfaces, extended crypto transactions, and permanent rewards to keep Ton and USDT.
Crypto Wallet, known as “The Wallet in Telegram,” was developed by a third-party company called The Open Platform, and deployed new features based on Telegram as a Mini-App, adding support for multi-asset trading and passive income through yield rewards.
In an announcement on March 13th on the official channel, Telegram’s Wallet revealed that users can quickly exchange “hundreds of new cryptocurrencies” including memo coins like Bitcoin (BTC) and Pepe (Pepe), and that they can earn “long-term passive rewards” to hold Toncoin (Ton) and Tether’s Stablecoin (USDT).
“New features will be rolling out gradually in March and April, but you can already preview how the updated wallet works.”
Telegram wallet
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Wallet Air, a staking-like feature, has become a permanent part of the app, the project said. Most users already have access to Ton Acquisition. There, rewards are credited daily and automatically added to the balance. Users can withdraw funds from their wallet earning “at any time without charge,” the announcement reads.
Telegram’s wallet says the update will allow users to “build a fully diversified crypto portfolio” directly within the app. This is only available to Telegram users.
The announcement follows a recent integration of London-based Payments company Mercuryo’s on-ramp service into Telegram’s wallet, allowing users to purchase Crypto in Fiat currencies such as the US dollar and the euro. As previously reported by Crypto.News, the move supports Telegram’s broader goal of expanding the platform’s 900 million users’ crypto accessibility.
read more: Ton will become the exclusive blockchain of Telegram’s mini apps