Telegram’s cryptographic wallet, developed by a third party company called The open platform (Top), has introduced new features for people who do not only use the telegram as a messaging application. Updates include multi -period and performance transaction functions.
Based on Blockchain Ton, the top started the wallet in 2023. The company reported that over 100 million users have registered on behalf of a wallet on the telegram. In addition, he noted that most of these users were young in the cryptographic ecosystem.
The wallet product is mainly focused on Toncoin encryption, which can be used on the telegraph platform to overthrow the creators or pay for minigames and applications. It also supports bitcoin and USDT (in Blockchain Ton). From the initial launch, the wallet has also acquired other coins such as notcoin.
After updating today’s update, Top says users will be able to buy, sell or keep encryption without deposits in the chain. This makes it easier for younger users to enter encryption and negotiation.
The company also introduces a profit element in the wallet to maintain a certain amount of Toncoin. He said that while the average yield is 4%, it would vary depending on the reward of the validers. Later this year, the top plans for adding yields for USDT Holdings and starting dedication programs that will benefit Toncoin holders.
The Telegram Wallet has also undergone a makeover, with a new navigation line at the bottom and an easy way to switch between wallet, commerce and profit.
“This update reinforces the functionality of the wallet to meet consumer expectations for an open and wide market. With current information wallet it works as a fully accumulated encryption platform within the telegram, while remains as simple and accessible. We further enhance the adoption of the Ton ecosystem, “Top Andrew Rogozov said in a statement.
The new wallet update will start users in March and April. Top stated that some features may be limited to certain countries based on local regulations.
Last December, Telegram founder Pavel Durov said the company was becoming profitable. The platform has more than 950 million monthly active users. The cryptocurrencies contributed to the lower line of the company thanks to consolidations with content payments and mini applications.
The story was informed after the company’s recommendation about performance and confidence.
