Wallet in Telegram to list 50 tokens and launch yield program

Wallet successful Telegram, a third-party cryptocurrency wallet Mini App connected Telegram, is acceptable to grow its custodial crypto services, adding astatine slightest 50 caller cryptocurrencies and launching an gain diagnostic for users.

The Open Platform (TOP), the largest task builder successful The Open Network (TON) ecosystem, which manages Wallet successful Telegram arsenic 1 of its portfolio businesses, announced the rollout of the adjacent wallet procreation connected March 13, introducing a wide scope of caller features.

With the rollout, Wallet successful Telegram volition adhd astatine slightest 50 caller crypto assets, including large cryptocurrencies specified arsenic Ether (ETH) and XRP (XRP), arsenic good arsenic memecoins similar Dogecoin (DOGE) and Pepe (PEPE), a spokesperson for Wallet told Cointelegraph.

Source: Wallet successful Telegram

Wallet’s caller procreation is acceptable to beryllium rolled retired wrong the adjacent 2 months and volition besides present an “Earn” feature, which volition let users to gain yields connected assets including Tether’s USDt (USDT).

Initial rollout constricted to in-app transactions

Initially, Wallet users volition beryllium capable to buy, merchantability and clasp non-TON tokens without onchain deposits oregon withdrawals, meaning altcoin transactions to different wallets and exchanges volition not beryllium allowed.

“The existent signifier of the rollout is lone disposable for in-app transactions for non-TON tokens,” Wallet’s spokesperson said, adding that the altcoin enactment is lone disposable for trading wrong the custodial wallet. The spokesperson added:

“We absorption chiefly connected the TON Ecosystem and support a afloat scope of operations for TON-native tokens wrong the custodial Wallet. At the aforesaid time, we spot user involvement successful expanding the portfolio with different assets and privation to supply them with specified an enactment successful trade-only mode.”

“The database of tokens is not last yet, arsenic it volition beryllium rolling retired gradually wrong the adjacent 2 months,” the spokesperson said, adding that the archetypal merchandise volition diagnostic 50 assets, with a afloat database present being finalized.

Wallet’s Earn: Minimum deposit is 0.1 TON

In summation to expanding Wallet with a ample fig of altcoins, TOP is moving to present the caller “Trade” conception and the “Earn” section.

Starting with Toncoin (TON), the archetypal Earn run volition supply a “flexible yield” connected TON deposits, with a minimum deposit magnitude of 0.1 TON.

“The output is generated from TON staking,” the spokesperson for Wallet said.

In summation to Toncoin, Wallet plans to grow the gain offering to much altcoins and stablecoins, including Tether’s USDt (USDT), the announcement stated.

This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.

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