The wallet bot also serves as a fiat on-ramp, allowing users to buy TON using their credit cards within the Telegram app. A representative from the TON Foundation told Cointelegraph, “The creation of the wallet bot is handled by an independent development team, and we are certainly happy that more and more projects are choosing TON as the basis for creating new products,” continuing to say: “TON is intended for millions of users, and one of our goals is to make the use of blockchain no more complicated than using applications that users are used to.”
The bot initially enabled users to buy, sell and trade Toncoin (TON) within the Telegram app, but a new update has added a fully functioning cryptocurrency wallet to the application.Īn independent team of TON developers created the wallet bot to simplify crypto transactions for Telegram users. The wallet bot was developed by The Open Network (TON, formerly Telegram Open Network) in April.
As a result of a recent upgrade to the wallet bot, users of the Telegram app are now able to purchase and sell cryptocurrencies without leaving the application.
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