Telegram’s Crypto wallet is live for 87 million US users
Telegram is a very popular social media application, and a lot of people use it in their day-to-day life. It's like WhatsApp is the application that has been used a lot by people worldwide, and similarly, Telegram is also very popular because of various features that are not even available on WhatsApp. This is also the first application in social media that has adopted the cryptoculture, and they have integrated the crypto wallet within the application. This application has also got its coin, which is called Ton.
Now this wallet is available for users in the US, and they will be able to send and receive cryptocurrency directly within the applicatio.n and for that they need not to download anything extra apart from the basic application. I believe that with the release, the user base of the Telegram application is going to grow significantly, and it is also very easy to use wallet which is well integrated in the telegram application.
Telegram users in the U.S. can now send, receive, and manage cryptocurrency directly inside the app — no downloads, extensions, or separate logins required. TON Wallet is built into Telegram’s interface and is beginning its U.S. rollout this week. It is a self-custodial crypto wallet in which a user controls their private keys.
In this wallet, multiple stablecoins are supported, along with some other coins. This is good because in this wallet, users are getting features to send and receive many cryptocurrencies, including stablecoins and sending crypto to other people is very easy. There is no cost for using this service within the application, but the network charges are applicable depending upon which network and chain you use. However, from the telegram side, there are no charges applicable to this service.
We know that this application has got a massive user base worldwide, so this can be a good move towards mass adoption for crypto and such applications are much needed for people to get familiar with so that sending and receiving crypto is as easy thing like we do with many other wallets. I hope functionality helps a lot of people to be part of the crypto market, and it will also help people to get a convenient method of sending and receiving crypto through the messaging application.
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