Telegram Wallet, an integrated cryptocurrency wallet in the popular Telegram messenger, is preparing for a major update. The developers have announced the launch of two new features Trade and Earnthat will significantly expand the capabilities of users in working with cryptocurrencies.
These innovations are aimed at making the platform more convenient and accessible for both experienced traders and newcomers to the world of digital assets.
Trade function: trade without barriers
New feature Trade will allow users to buy, sell, and store three key cryptocurrencies - Bitcoin (BTC), Tether (USDT) on the TON blockchain, and Toncoin (TON) - directly in the Telegram app.
The peculiarity of this update is that there is no need to deposit cryptocurrency to the wallet through external transactions or pay commissions to TON for transactions.
This greatly simplifies the trading process, eliminating the typical difficulties faced by newcomers, such as transfers between wallets or gas payments.
Thanks to integration with The Open Network (TON) blockchain, which is known for its speed and low costs, the Trade feature promises to make cryptocurrency transactions as seamless and accessible as possible for Telegram Wallet's 100 million users.
The second new feature, Earnopens up opportunities for passive income. Currently, it allows you to receive remuneration for storing Toncoin (TON) through staking in the TON network.
The average yield, according to the developers, is 4%, although this figure may vary depending on the rewards of validators. In the future, it is planned to expand support for USDT, which will allow stablecoin earnings, as well as launch a loyalty program for TON holders.
This program provides additional bonuses and incentives for those who actively support the TON ecosystem, which can further accelerate its development.
Context and perspectives
Telegram Wallet, developed by The Open Platform (TOP) based on TON, was launched in 2023 and quickly gained popularity, attracting more than 100 million users, most of whom are new to the crypto space. The update, which will be gradually rolled out in March and April 2025, is also accompanied by a redesigned interface: a new lower navigation bar makes it easier to switch between the Wallet, Trade, and Earn sections.
TOP CEO Andrey Rogozov said in a statement: "These updates make Telegram Wallet a full-fledged crypto platform while maintaining simplicity and accessibility. We strive to meet users' expectations of an open market and plan to further strengthen the TON ecosystem through a loyalty program for Toncoin holders.”
Market impact
The launch of Trade and Earn could be an important step in popularizing cryptocurrencies among Telegram's massive audience of over 900 million monthly active users.
Eliminating the need to make deposits and pay fees lowers barriers to entry, and the Earn feature will encourage long-term asset retention. Analysts believe that this could strengthen TON's position in the competitive environment of blockchains such as Ethereum or Solana and draw attention to USDT on TON as an alternative to other networks.
The new features are expected to become available in phases over the next two months, although their availability may vary depending on regional regulatory restrictions.
Telegram Wallet continues to evolve, strengthening its reputation as one of the most convenient tools for working with cryptocurrencies in the messenger world.
