Introduction of New Features

Telegram's crypto wallet, developed by The Open Platform (TOP), has introduced new features for users. The updates include multi-asset trading and yield functionalities, allowing users to buy, sell, or hold crypto without any on-chain deposits.

The wallet, which was launched in 2023, has gained over 100 million users, with most of them being new to the crypto ecosystem. The wallet primarily focuses on the Toncoin cryptocurrency but also supports Bitcoin and USDT on the TON blockchain.

Enhanced Functionality

The new update enhances the wallet's functionality, making it a fully-fledged crypto platform within Telegram. Users can now easily switch between the Wallet, Trade, and Earn sections, and the wallet has undergone a makeover with a new navigation bar at the bottom.

The company plans to add yields for USDT holdings and launch loyalty programs that would benefit Toncoin holders later this year. The new wallet update will start rolling out to users in March and April, although some features might be restricted in certain countries due to local regulations.