As a result of a recent upgrade to the wallet bot, users of the Telegram app are now able to purchase and sell cryptocurrencies without leaving the application.
It is reported that the wallet bot was developed by The Open Network in April. The bot initially enabled users to buy, sell and trade Toncoin ($TON) within the Telegram app, but a new update has added a fully functioning cryptocurrency wallet to the application.
The wallet bot also serves as a fiat on-ramp, allowing users to buy TON using their credit cards within the Telegram app. The currently supported fiat currencies for buying and selling Toncoin are United States dollars, euros, Ukrainian hryvnia, Belarusian rubles and Kazakhstani tenge.
In addition, the wallet bot doesn’t charge any fees for buying crypto through Telegram, but sellers will be charged a commission fee equivalent to 0.9% of the selling price for each complete transaction. Currently, the app can only be used to purchase Toncoin and Bitcoin.
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