The TON Foundation has added crypto payments functionality to the Telegram messaging application
Telegram’s 550 million users can now send and receive TonCoin (TON) on the app
They can also buy Bitcoin through the @wallet bot
Toncoin (TON) is also available for trading on major crypto exchanges such as FTX, Gate.io, and Uniswap
The TON Foundation has announced the integration of crypto payments to the popular Telegram messaging application. As a result, Telegram’s 550 million users can now send and receive Toncoin (TON) on the app. The TON Foundation announced crypto payment availability via Twitter, and it included a demonstration video of how crypto payments will work on Telegram.
You can now send #Toncoin directly within Telegram chats!
It’s a new way to send Toncoin without transaction fees to any Telegram user. With this service, you’ll no longer need to enter long wallet addresses and wait for confirmations.
Watch the video and test the new feature! pic.twitter.com/EtXSMFtJj6
— TON (@ton_blockchain) April 26, 2022
How to Add the TON Wallet to Your Telegram App
To begin using the crypto payment functionality, one needs to search the @wallet on Telegram. Next, you need to add the wallet by clicking the ‘add to attachments menu.’
Click on ‘Add to Attachment Menu’ after finding @wallet
This adds the wallet to your menu for easy access. Once added, you can start sending Toncoin (TON) directly to anyone on Telegram by using just their usernames.
TON Wallet is now in your attachment menu
The @wallet bot also allows you to deposit, withdraw and buy Bitcoin (BTC) and Toncoin (TON. Purchasing both digital assets involves linking your bank or credit card to the bot.
Wallet menu for depositing, withdrawing, and buying Bitcoin or Toncoin
Crypto Exchanges that Have Listed TonCoin (TON)
At the time of writing, Toncoin (TON) is trading at $2.06 and is ranked 207th on Coinmarketcap. It has a current market capitalization of $2.513 billion with a circulating supply of 1,221,401,181 TON coins and a maximum supply of 5,000,000,000 TON coins.
The digital asset has experienced an all-time high of $5.84 set on November 12th, 2021, and an all-time low of $0.3906 set on September 20th, 2021.
Toncoin (TON) is a coin on its native Open Network and is currently bridged to Ethereum and the Binance Smart Chain.
Furthermore, Toncoin (TON) is currently available for purchase and trading on the following crypto exchanges: