Telegram already allows you to send and receive cryptocurrencies from your application


The instant messaging platform, Telegram, is constantly updated by adding new features in each version. His most recent novelty is allow its users to send and receive cryptocurrencies toncoindeveloped by The Open Network (TON), from the chats of the platform itself.

The news was released by TON, the blockchain provider firm, through its official Twitter account, along with an explanatory video. The tweet states that “you can now send #toncoin directly within Telegram chats. It is a new way to send toncoin without transaction fees to any Telegram user. With this service, you no longer have to enter long wallet addresses and wait for confirmations.”

The cryptocurrency has achieved a investment of more than 1,700 million dollars (more of €1.6 billion) and is now available to the 550 million users that make up Telegram worldwide.

How to make payments through Telegram

First of all, it must download and install the Telegram wallet bot, the virtual wallet. The wallet will allow users to buy cryptocurrencies using credit cards, exchanges and transfers between other virtual wallets.

Once the bot is installed, users will be able to send toncoin to different users touching the wallet icon present in direct messages. The sending of the cryptocurrencies works as if it were an attachment to the message.

At the moment, it is only possible to operate with toncoin in the app, however, in the near future, users they will also be able to use the tool to buy bitcoin. The TON platform has also announced that the feature can be used by consumers to purchase goods and services.

Other paid features of Telegram

Telegram has always been at the forefront of online payment tools. In 2017, it released an update that allowed users to users safely buy products and services from the application using a payment bot.

Later, in 2021, it incorporated a function for businesses to receive credit card payments natively from chats without requiring the use of bots or leaving the platform. Thanks to this, any business, whether or not it has a digital presence, can collect payments for their orders digitally.

About TON

TON, formerly known as Telegram Open Network, is an open source platform that allows cryptocurrency trading. It was created and developed in 2017 by Nikolai and Pavel Durov, co-founders of Telegram.

During May 2020, Telegram was seen forced to leave Telegram Open Network and its gram cryptocurrency, due to pressure exerted by the United States Securities and Exchange Commission (SEC), an entity equivalent to the National Securities Market Commission in Spain. Shortly after, a group of independent developers picked up the project by renaming it The Open Network (TOM) and renaming the cryptocurrency gram toncoin.

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