Telegram's self-custodial crypto wallet, developed by The Open Platform, has introduced significant new features aimed at expanding its user base beyond messaging. Launched in 2023 on the TON blockchain, the wallet now supports multi-asset trading, yields, and has seen over 100 million sign-ups, primarily from individuals new to cryptocurrency. It emphasizes Toncoin but also supports Bitcoin and USDT. A key update allows users to buy, sell, or hold crypto without needing on-chain deposits, significantly easing entry into the crypto space. Future enhancements include loyalty programs for Toncoin holders and additional yields.
This update enhances Wallet's functionality, to meet consumers' expectations for an open and wide market. With current update Wallet now operates as a fully-fledged crypto platform within Telegram while remaining as simple and accessible as ever.
TOP launched the wallet in 2023, with over 100 million users signed up, of which most are newcomers to the crypto ecosystem, highlighting the increasing adoption of digital currencies.
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