Although the world of cryptocurrencies is under regulatory pressure, it continues to make progress in terms of adoption. In this context, another important step has been taken. After that, Telegram’s wallet users, which have a widespread user base, can now buy, withdraw and exchange Bitcoin.
It is now possible to buy and sell Bitcoin on Telegram!
Users of the widely used Telegram messaging app now have the ability to buy, withdraw and exchange Bitcoin (BTC). It is noteworthy, however, that the Wallet bot and its related services that allow these functions were created by a third party rather than being developed by Telegram itself.
In fact, the Wallet bot and similar services were created by third-party developers using Telegram’s open bot API. This means anyone can use the API to develop their own crypto-related bot without Telegram’s direct involvement.
Thus, users of the Wallet Web interface can now access purchases, withdrawals, swaps and peer to peer (P2P) transactions in Bitcoin directly through Telegram’s web interface, according to the latest announcement on April 21 from the @wallet account. This move builds on existing cryptocurrencies-related services that are already popular on the chat show. In particular, the announcement includes the following statements:
Bitcoin is now available with a new instant exchange on the @wallet web interface. You can now buy, withdraw, trade and P2P BTC directly through our updated web interface. In the “Buy & Sell” section of our user-friendly interface, it is now possible to buy Bitcoin using a debit card or P2P market.
https://twitter.com/DocumentingBTC/status/1649412921389117441
An important step for cryptocurrency adoption
The announcement also reminded users that the updated ‘Exchange’ of the platform can now exchange Bitcoin, Tether (USDT) and Telegram Open Network (TON) with each other instantly.
As the popularity and adoption of cryptocurrencies continues 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.
Meanwhile, in the crypto market, the bulls are losing strength, while the bears are starting to get stronger. The leading crypto Bitcoin, after losing the level of $ 30 thousand, could not protect its positions of $ 29 thousand and $ 28 thousand. Now it is struggling to protect $27,000, an important support level.
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