Telegram’s 300 Million Users Will Be Able To Trade Bitcoin On The App Soon


Bitcoin has been rising in both price and fame this year and the people behind Telegram know that. This is possibly why the company has recently started a new partnership with Button Wallet to enable its clients to use crypto.

Button Wallet is set to help Telegram users to enter the Bitcoin world by integrating its wallet with the popular messaging app. According to Alex Safonov, the co-founder of Button Wallet, most people are still wary of using crypto because they deem it to be dangerous.

Part of the reason for the partnership was to boost adoption in a safe way. The wallet allows the user to hold BTC, Ethereum (ETH), Litecoin (LTC) and other popular tokens.

The company will also enable people to use the Telegram Open Network and to receive 6.6 GRAM tokens for using the testnet.

Safonov also talked about Facebook’s Libra project and how the company also wants to offer people the ability to make these transactions safely. Crypto use on Telegram would not be so different than using Libra on WhatsApp, just more decentralized, which is always good.

It seems that the company has chosen the right time for the experiment. Bitcoin grew quite slowly in popularity until now, but it has been growing a lot in popularity. With Telegram about to finally launch its own open network, it seems that the company is also ready to embrace cryptos.

Safonov believes that all that stands in the way now is to show people how easy it is to use crypto and there is no better way to do it than by integrating it into a popular application.

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