The Wallet within Telegram is undergoing a significant update, featuring an enhanced interface, expanded options for cryptocurrency trading, and ongoing incentives for holding TON and USDT.
The crypto wallet, known as “Wallet in Telegram,” is created by a third-party developer and functions as a mini-app on Telegram. It has introduced new features that facilitate multi-asset trading and the potential for passive income through yield rewards.
In a March 13 post on its official channel, Wallet in Telegram announced that users will soon be able to trade “hundreds of new cryptocurrencies,” including Bitcoin (BTC) and popular memecoins like PEPE (PEPE). They can also earn “long-term passive rewards” by holding Toncoin (TON) and Tether’s stablecoin (USDT).
“New features will be gradually rolled out in March and April, but you can already get a glimpse of how the revamped Wallet will function.”
Wallet in Telegram
Wallet Earn, a staking-like feature, is now a permanent fixture of the application, the project stated. Many users already have access to TON Earn, which provides daily rewards that are automatically added to their balances. Users can withdraw their funds from Wallet Earn “at any time, without incurring fees,” according to the announcement.
Wallet in Telegram claims that this update empowers users to “create fully diversified crypto portfolios” directly within the app, which is exclusively available to Telegram users.
The announcement follows the recent integration of on-ramp services from the London-based payments firm Mercuryo into Wallet in Telegram, allowing users to buy crypto using fiat currencies such as the U.S. dollar and euro. As previously noted, this development aligns with Telegram’s broader mission to enhance crypto accessibility for its 900 million users.