Toncoin

Read the Original Article <a href="https://www.coinlive.com/news-detail/183216" rel="noopener noreferrer nofollow">here</a>.The <a href="https://ton.foundation/" rel="noopener noreferrer nofollow">Open Network Foundation</a> (TON Foundation) has teamed up with Blockchain.com to provide seamless access to cryptocurrencies for Telegram&#39;s vast user base, which comprises over <a href="https://www.demandsage.com/telegram-statistics/#:~:text&#61;According%20to%20corporate%20figures%2C%20Telegram,since%20the%20beginning%20of%202021." rel="noopener noreferrer nofollow">700 million monthly active users</a>.This collaboration also brings an enticing incentive scheme for <a href="https://www.blockchain.com/" rel="noopener noreferrer nofollow">Blockchain.com</a> users, offering an extra $5 worth of Toncoin when purchasing $20 worth of Toncoin on the platform.<h2 id="header-0">Empowering the Telegram Ecosystem</h2>TON Foundation, established in 2023, is a Swiss nonprofit organisation with a mission to advance the Web3 ecosystem within Telegram. Toncoin, the native cryptocurrency of the TON network, supports transaction pairs with GBP, USD, and EUR. On the other hand, Blockchain.com is a platform catering to both retail customers and institutional players in the cryptocurrency sector.Toncoin currently exhibits a 1.6% gain in today&#39;s trading.Over the past week, it has experienced an 8.6% increase, while the past year has seen a 68.7% gain, according to <a href="https://www.coingecko.com/en/coins/toncoin" rel="noopener noreferrer nofollow">data</a>.This partnership empowers Telegram users to effortlessly manage their cryptocurrencies, making buying, selling, and trading as straightforward as sending a text message.In addition, the collaboration opens up Toncoin to the 90 million wallets hosted by Blockchain.com, providing a gateway for users to buy and sell their digital assets. This development is expected to significantly boost Toncoin&#39;s adoption and user engagement.TON Foundation also introduced TON Space, a self-custody cryptocurrency wallet linked to the TON network in September 2023. It was integrated into Telegram&#39;s settings menu for existing wallet users outside the U.S., and it will become a default feature in Telegram&#39;s menu from November 2023.<h2 id="header-1">Will Web3 Finally See More Adoption?</h2>As this partnership makes it easier for Telegram users to delve into the world of cryptocurrencies, one can&#39;t help but wonder whether it will pave the way for more individuals to embrace Web3 and its promises. The increasing accessibility and user-friendly features may indeed bring more people on board, especially with Telegram&#39;s massive 800 million monthly user. However, only time will tell how this evolution unfolds, but the future of Web3 is looking increasingly intriguing.

Telegram Users Gain Easy Access to Cryptocurrencies

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