General

# Telegram Wallet Bot enables users to send crypto in-app via revived blockchain project

” Telegram Wallet Bot enables users to send crypto in-app via revived blockchain project “

As told via a Twitter post on Tuesday, instant messaging app Telegram has rolled out crypto payments via Ton Token.

To access the feature, users first need to download and install Telegram’s official Wallet bot, which allows them to purchase cryptocurrency by bank card, exchange and transfer to other wallets. According to the company, they can then send Bitcoin (BTC) or Toncoin to other users by clicking on the “Wallet” icon in direct messages. 


Ton stands for Telegram Open Network and was created by the namesake company in 2017 for decentralized services such as decentralized storage, anonymous networks, DNS, instant payments and others using a proof-of-stake mechanism. Cointelegraph previously reported that Telegram abandoned Ton in May 2020, following a lengthy battle with the U.S. Securities and Exchange Commission.

The decision came as the SEC alleged that the company sold unregistered securities to the public through its initial coin offerings. To complicate the matter, a New York judge had previously ruled that the company cannot distribute Grams, a token likened to Ton, to investors outside of the United States. 

Shortly after Telegram developers made their exit, crypto enthusiasts from around the world quickly took over the reins and launched the free Ton network with its own mainnet, based on Ton technology.

If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.

For forums sites go to Forum.BuradaBiliyorum.Com

If you want to read more News articles, you can visit our General category.

Source

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close

Please allow ads on our site

Please consider supporting us by disabling your ad blocker!