Wallet in Telegram, a third-party cryptocurrency wallet mini-app on the popular messaging platform, is poised to enhance its custodial crypto services significantly. With plans to add at least 50 new cryptocurrencies and launch an innovative earn feature, users are in for an exciting transformation.
The Open Platform (TOP), renowned as the largest venture builder in The Open Network (TON) ecosystem, has announced that the next generation of Wallet in Telegram will roll out on March 13. This update will introduce a spectrum of new features aimed at enhancing user engagement and satisfaction.
As part of this rollout, the wallet will include at least 50 new crypto assets, which comprise major cryptocurrencies such as Ether (ETH) and XRP, along with popular memecoins like Dogecoin (DOGE) and Pepe (PEPE). A spokesperson for Wallet in Telegram confirmed these details in a discussion with Cointelegraph.
Source: Wallet in Telegram
This advanced version of Wallet is expected to launch within the next two months and will feature an “Earn” program, allowing users to gain yields on various assets, including Tether’s USDt (USDT). This initiative aligns well with the growing interest in decentralized finance and passive income generation.
Initial Rollout: In-App Transactions Only
Initially, users will be able to buy, sell, and hold non-TON tokens directly within the app, without the need for on-chain deposits or withdrawals. This limitation means that users will not be able to transfer altcoin transactions to other external wallets or exchanges at this stage.
A spokesperson highlighted that the current rollout focuses on providing a seamless experience for in-app transactions involving non-TON tokens, while maintaining a comprehensive operation for TON-native tokens within the custodial wallet. They stated, “We focus primarily on the TON Ecosystem and aim to meet consumer demand by expanding our portfolio with additional assets for trade-only mode.” The spokesperson also mentioned that the definitive list of tokens is still being finalized and will be gradually introduced over the next two months.
Wallet’s Earn: Minimum Deposit Requirements
Alongside the expansion of available altcoins, TOP is working diligently on introducing a new “Trade” section alongside the “Earn” feature. This new initiative will commence with Toncoin (TON), offering a flexible yield on TON deposits, with a minimal deposit requirement set at 0.1 TON.
The yield generated will stem from TON staking, as confirmed by the Wallet spokesperson. In addition to Toncoin, Wallet’s future plans include extending the earn offerings to encompass more altcoins and stablecoins, including Tether’s USDT, thereby diversifying user investment opportunities.
This is an evolving story, and updates will be provided as more information becomes available.
Magazine: Mystery celeb memecoin scam factory, HK firm dumps Bitcoin: Asia Express
