Dealer.eth (@dealerdefi) discusses the groundbreaking introduction of Telegram’s new crypto wallet feature. According to this technical analysis expert, Telegram’s wallet integration is poised to become a major player in the cryptocurrency landscape.
What you'll learn 👉
Telegram’s Massive User Base
Dealer.eth kicks off the thread by highlighting the sheer size of Telegram’s user base, which currently sits at over 800 million. With this new feature, Telegram’s vast audience will be able to easily manage their crypto assets, signifying the wallet’s tremendous potential for mass adoption.
Seamless User Experience
The wallet, named @wallet_tg, provides a seamless experience by allowing users to manage their assets without having to switch apps. The integration is not just another run-of-the-mill crypto wallet but is built for user-friendliness. Users can top up their balances using a bank card, select their preferred currency, and execute crypto trades with just a few clicks.
Role of Telegram Bots and Apps
Another focal point dealer.eth touches on is the success of Telegram’s bots in the trading scene. According to data from Binance research, Telegram bots have facilitated $250 million in total trades and manage around $10 million in daily transactions. These numbers are expected to increase substantially with the integration of the new crypto wallet.
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Show more +The TON Blockchain
Built on the TON blockchain, the Telegram wallet benefits from lightning-fast transactions and a supportive environment for decentralized applications (dApps). The TON blockchain is community-driven, allowing for a limitless scope of application development across various projects. One of its most significant features is “TON Space,” where users can manage various aspects like sending and receiving crypto, NFT collectibles, Telegram usernames, and DNS.
Peer-to-Peer Market and Future Aspirations
The wallet also features a Peer-to-Peer (P2P) market where users can easily trade their crypto to fiat currencies and vice versa. The TON foundation aims to onboard around 30% of Telegram’s active user base onto the TON blockchain within the next 3-5 years. This marks a significant stride toward the widespread adoption of Web3 technology.
Dealer.eth concludes that the integration of the Telegram crypto wallet is unquestionably a next step towards mass adoption of cryptocurrency. Given the compelling features and the vast user base, Telegram might just be paving the way for the future of digital assets and Web3 technology.
This deep-dive analysis by dealer.eth offers valuable insights into why the Telegram wallet is not merely a new feature but a game-changing development in the cryptocurrency world.
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