Bitcoin

The users of the widely used Telegram messaging app now have the ability to purchase, withdraw, and exchange Bitcoin (<a href="https://finbold.com/cryptocurrency/bitcoin/" rel="noopener noreferrer nofollow">BTC</a>). It is noteworthy, however, that the Wallet bot and its associated services, which allow for these functions, were created by a third-party, as opposed to being developed by Telegram itself.In fact, the Wallet bot and such similar services are created by third-party developers using Telegram’s open bot API. This means that anyone can utilize the API to develop their own crypto-related bot, without any direct involvement from Telegram.Thus, users of the &#64;wallet web interface can now access buy, withdraw, exchange, and make peer-to-peer (P2P) transactions directly through Telegram’s web interface in Bitcoin, as per the latest announcement from the &#64;wallet account on April 21. This move builds upon the existing services surrounding cryptocurrencies that are already popular within the chat program. Notably, the announcement states:<blockquote>“Bitcoin is now available on the &#64;wallet web interface, along with a new instant exchange. You can now buy, withdraw, exchange, and make P2P transactions with BTC directly through our updated web interface. It is now possible to buy Bitcoin using a bank card or the P2P market in the “Buy &amp; Sell” section of our user-friendly interface.”</blockquote><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/0a749d3ec1da4c1cb2267c8372f5e316.PNG" />The announcement also reminded users that the updated “Exchange” of the platform can now instantly swap Bitcoin, Tether (<a href="https://finbold.com/cryptocurrency/tether/" rel="noopener noreferrer nofollow">USDT</a>), and Telegram Open Network (<a href="https://finbold.com/cryptocurrency/the-open-network/" rel="noopener noreferrer nofollow">TON</a>) with each other.As the popularity and adoption of <a href="https://finbold.com/cryptocurrencies/" rel="noopener noreferrer nofollow">cryptocurrencies</a> continue to grow, it will be interesting to see how Telegram and other third-party industry players continue to innovate and adapt to meet the changing needs and expectations of users around the world.Read more cryptocurrency news on <a href="https://finbold.com/category/cryptocurrency-news/?utm_source&#61;CMC&amp;utm_medium&#61;social&amp;utm_campaign&#61;CMC&amp;utm_content&#61;long" rel="noopener noreferrer nofollow">Finbold.com</a>.

Telegram wallet users can now buy, withdraw and exchange Bitcoin

Finbold

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