Telegram’s in-app crypto wallet, known as Wallet in Telegram, is undergoing a significant upgrade, introducing a revamped interface, expanded cryptocurrency trading capabilities, and long-term yield rewards for users holding Toncoin (TON) and Tether (USDT).
Expanded Crypto Trading and Passive Income Features
Developed by The Open Platform (TOP), a third-party company, Wallet in Telegram is set to transform the way users engage with digital assets within the app. In a March 13 announcement, the project revealed that it is rolling out new features, including support for trading hundreds of cryptocurrencies such as Bitcoin (BTC), memecoins like PEPE, and more.
Additionally, the upgrade introduces a new yield feature called Wallet Earn, which offers long-term passive income opportunities for users holding TON and USDT. This staking-like feature has now become a permanent part of the app, allowing users to earn rewards that are credited daily and automatically added to their balances. The best part? Users can withdraw funds at any time, without fees.
According to Wallet in Telegram, the new features will be gradually rolled out in March and April, with an option to preview the updated interface before the full release.
A Step Toward a Fully Integrated Crypto Experience
This latest update strengthens Telegram’s push into the crypto space by allowing users to build diversified crypto portfolios directly within the app. Currently, the wallet is available exclusively to Telegram users, aligning with the platform’s broader goal of making digital assets more accessible to its massive user base.
This move follows the recent integration of London-based payments firm Mercuryo’s fiat on-ramp services into Wallet in Telegram. The integration enables users to buy cryptocurrencies with fiat currencies like the U.S. dollar and euro, making it easier than ever to enter the crypto ecosystem.
What This Means for Telegram’s 900 Million Users
With Telegram’s extensive user base of 900 million people, the platform’s crypto wallet is rapidly evolving into a full-fledged digital finance hub. The ability to trade multiple assets, earn passive income, and seamlessly convert fiat into crypto further cements Telegram’s position as a key player in the crypto industry.
As more updates roll out over the next couple of months, Wallet in Telegram is poised to become one of the most convenient and user-friendly crypto wallets available today. For users looking to expand their digital asset portfolios while earning rewards, this upgrade is a game-changer.
