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Telegram’s own custodial wallet, Wallet, built on the TON blockchain, expands access to cryptocurrencies for its over 100 million users.
The Open Platform (TOP) has announced plans to expand the crypto custody services of its Telegram wallet Wallet to include over 50 new altcoins.
Accordingly, the Wallet will support the trading of more than 50 new altcoins, including XRP, and will offer yield programs for users.
The wallet previously allowed trading in several cryptocurrencies including TON, Bitcoin (BTC), and USDT.
This new upgrade will come into effect in two months and will give over 100 million Telegram users access to a wide range of cryptocurrencies.
Although the token list is not fully finalized, it was stated that the list will include popular altcoins such as Ethereum (ETH), XRP, Dogecoin (DOGE) and PEPE.
It was also stated that Wallet users will be offered an “Earn” feature that allows them to earn returns from assets including Tether (USDT).
In the first phase, new altcoins will only be allowed to be bought, sold, and stored within the wallet. This means that users will not be allowed to move altcoins other than TON outside of their storage wallets.
*This is not investment advice.
