The popular messaging app
Telegram has integrated
a new feature that allows users to buy, withdraw, exchange, and transact Bitcoin (BTC) directly through the platform's web interface.
The new feature can be enabled through the platform's @wallet bot.
- Telegram already integrated Bitcoin (BTC) and Toncoin (TON) into @wallet in April 2022, though only TON was made available for transfers through chats.
-
In March this year, the platform also added
support for the Tether
(USDT) stablecoin to the bot.
- The USDT support allowed users to buy and sell the famous stablecoin between each other directly within chats, just as sending a text or photograph.
-
Telegram took its first big step toward
Web3 by starting the
development of its own
blockchain project,
dubbed Open Network (TON).
-
However, the legal conflicts with the U.S. Securities and Exchange Commission (
SEC) forced the
platform to abandon the project in 2020.
- The project was kept alive by the TON Foundation's community members.
- The popular messaging app is currently developing a blockchain-based auction platform called Fragment on the TON network.
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