As an avid crypto gamer, I’ve been deep into digital currencies for years. But let’s be honest—managing wallets, hot storage, cold storage—it can get pretty complicated.
That’s why the Telegram Wallet is such a game-changer. It’s so straightforward that if you can send a message on Telegram or navigate Facebook, you can handle crypto transactions with ease. Seriously, it’s that simple.
In this article, I’ll show you exactly how easy it is to set up and use the Telegram Wallet.
Trust me, this is the revolution we’ve all been waiting for.
The Story Behind the Telegram Wallet
First, let me give you a bit of background on how the Telegram Wallet came to life.
Back in 2018, Telegram’s founder and CEO, Pavel Durov, set out to create The Open Network (TON) with an impressive $1.7 billion in private funding.
The aim? To rival Ethereum. But, thanks to some legal drama with the SEC (The Securities and Exchange Commission), Telegram had to ditch the project.
Fast forward to 2021, and independent developers picked up where Telegram left off, launching the TON blockchain and TON token. And, while Telegram officially stepped back, Durov gave TON a public endorsement.
Now, with around 900 million active users on Telegram, the integration of the Telegram Wallet and Durov’s endorsement of TON, I get the feeling big things are coming.
Why?
Just think about it. For the first time in history, crypto is reaching people worldwide who (most probably) never thought they’d use it. Because, let’s be honest, anything and everything about crypto has always seemed so painfully complicated.
Well, not anymore. The Telegram Wallet changes the game, making crypto simple and accessible for everyone.
Oh, and here’s something else to think about.
If Telegram favours TON as its digital currency and suggests it to its millions of users, just imagine how the price of TON is going to skyrocket as more people jump on board!
Alright, let’s get this show on the road.
How to Use the Telegram Wallet
Step 1:
Start by searching for the @wallet bot in your Telegram app. This bot will be your go-to for all wallet activities. Once you find it, start a chat by clicking “Go to Wallet” to kick things off.
Step 2:
Follow the wallet bot’s instructions to set up your new crypto wallet. You’ll need to agree to the Telegram Wallet’s terms of service. Once done, a new window will open, showing your wallet automatically. You’re now officially ready to send and receive crypto.
Told you it was easy!
Upon launching the wallet, here’s what you’ll see:
💰 Total Balance: Right at the top. You can change the display currency in the settings (three dots in the top right corner).
💳 Add Crypto: To add crypto to your wallet, click the plus icon below your total balance.
🔢 Shortcut Keys: Quick buttons for sending, exchanging, and selling crypto.
🌌 TON Space Beta: Your gateway to the TON blockchain. Check your Toncoin balance, store NFTs, and access decentralised Telegram apps. And, if you want, you can hide this section in settings.
🪙 Other Assets Balance: See your balances for Bitcoin, USDT and Toncoin. Future asset additions might be available later.
📥 Add Funds Tools: Options include bank card transfers, P2P transactions, and transfers from another wallet.
Step 4:
Now, if you want to top up your Telegram account with crypto, just click on the ‘’Add Crypto’’ option at the top of your screen. Then, a new window will appear that gives you the following options:
- Buy Crypto with Card or Local Payment Method
- P2P Markets – Buy without any intermediaries
- External Wallet – Receive from another wallet
Step 5:
If you choose to buy with your credit card, a new window will appear where you’ll need to select the currency you’ll be using to make the crypto purchase.
Step 6:
When you’re done, a new window will pop up, letting you choose how much crypto you want to buy.
Step 7:
After you’ve chosen the amount, simply click “Continue.” You’ll be redirected to Onramper, a third-party service that lets you buy crypto with fiat currency. Once the purchase is complete, your crypto balance will appear in your Telegram Wallet.
Step 8:
If you already have an external wallet and want to transfer your crypto to your Telegram Wallet, choose the “External Wallet” option. Then, select your preferred crypto, click “Continue,” and your Telegram Wallet address will appear.
And that’s it! No sign-up, no KYC, no waiting. It takes seconds to access your Telegram Wallet, giving you instant access to crypto transactions.
Mind Blowing!
The Rise of TON
Alright, now that you know how easy it is to use the Telegram Wallet and that TON is the go-to coin, let’s talk about why TON Coin has me on the edge of my seat.
TON’s Rising Value
In just the last 7 days, TON Coin’s price has shot up by 14.59%. That’s right—TON is gaining serious traction, and with Telegram’s massive user base backing it, things are looking pretty positive.
Open League and Prize Pools
The Open League is all about fostering innovation in the TON ecosystem. It offers a $3 million prize pool for Web3 projects, with real-time rankings in Major and Minor Leagues to spur competition.
Token mining is easy to join and helps projects grow fast and with $22 million in Toncoin rewards for tasks and airdrops, there are plenty of incentives to explore.
- League System: The Open League features a $3 million prize pool to attract and reward Web3 projects through competitive Major and Minor Leagues. Projects are ranked on real-time leaderboards, encouraging innovation and offering significant incentives for participation.
- Token Mining: This makes joining in super easy. With simple mining mechanisms and referral programs, new projects can quickly build their communities. Just look at Notcoin, Pixels, and Catizen—they’ve nailed it.
- Tasks and Airdrops: With $22 million in Toncoin rewards, this feature encourages you to explore TON projects. Complete tasks, earn Soul Bound tokens (which could have cool future uses) and participate in airdrops for even more rewards.
- Liquidity Pool Expansion: There’s $40 million in Toncoin up for grabs for those who help boost liquidity. Plus, participants get attractive annual interest rates, making it a win-win.
Vision of the Open League
The TON Foundation’s Open League is all about community and growth. It’s not just about rewards; it’s a platform promoting innovation, community cohesion, and ecosystem development.
With these features, the user-friendly Telegram Wallet, and the ongoing price spike, TON Coin is set for big things. It’s not just another cryptocurrency; it’s a vibrant ecosystem driving the future of blockchain.
Conclusion
The Telegram Wallet is revolutionising how we manage crypto, making it as easy as sending a message. With the rise of TON Coin and its impressive 14.59% price surge in just the last week, the potential here is massive. Plus, the Open League is encouraging innovation with its hefty prize pools and user-friendly features.
A few forward-thinking crypto casinos have already integrated the Telegram bot to offer Telegram Casinos, accepting TON. But if you store your crypto in the Telegram Wallet as Bitcoin or USDT, transferring to most crypto casinos is a breeze since they widely accept these currencies.
It’s clear that the Telegram Wallet and TON Coin are driving the future of crypto, making it accessible and user-friendly for everyone.
So, if you’ve been sitting on the fence, worried about throwing your fiat currency into thin air because crypto seems too complicated, fear no more. Give the Telegram Wallet a try.
I promise you’ll thank me later.
What is the Telegram Wallet and how does it work?The Telegram Wallet is an integrated feature within the Telegram app that allows users to store, send, and receive various cryptocurrencies easily. It's user-friendly and eliminates the complexities typically associated with crypto management. How do I set up the Telegram Wallet?Start by searching for the @wallet bot in Telegram, follow the instructions to set up your wallet, and agree to the terms of service. You'll then be ready to send and receive crypto. What cryptocurrencies can I store in the Telegram Wallet?Currently, the Telegram Wallet supports Bitcoin, USDT, and Toncoin, with plans to add more assets in the future. How does the Telegram Wallet integrate with crypto casinos?Several crypto casinos have integrated the Telegram bot to offer Telegram Casinos, accepting TON. You can also store Bitcoin or USDT in the wallet and easily transfer these to most crypto casinos. What is TON Coin and why is it significant?TON Coin is the digital currency backed by Telegram's ecosystem. It's designed for speed and scalability and is supported by the Telegram Wallet. The recent 14.59% price surge and initiatives like the Open League make it a promising investment.FAQ
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