Telegram, which has over 550 million regular users, has chosen to enable users to send and receive cryptocurrencies. Crypto payments may be made straight from chats inside the instant messaging service. According to a tweet from The Open Network (TON) Foundation, they may now transmit and receive Toncoin.
The tweet was accompanied by a brief video demonstrating how cryptocurrency transactions function on the platform. It is stated that users must add Telegram’s Wallet bot to their attachment menu in order to “buy cryptocurrencies by bank card, trade, and transfer to other wallets.”
The organisation, which is in charge of constructing the TON blockchain, revealed last week that it has received $1 billion in donations to support its development activities. Users will not have to pay transaction fees, according to the accompanying video. They will also not be necessary to input long crypto addresses because the app has wallet capabilities.
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