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- Telegram launches Bitcoin transactions on the wallet web interface.
- Users can exchange BTC, USDT, and TON with each other.
Telegram, the social media platform, has enhanced the functionalities of its wallet web interface. The latest update enables users to buy, withdraw, trade, and conduct P2P transactions using Bitcoin (BTC). Telegram has been actively working to broaden its footprint in the cryptocurrency arena.
โฟ๐ฅ๐๐๐๐๐ก๐: Telegram embraces #bitcoin pic.twitter.com/2QOunvF8Fe
โ Documenting โฟitcoin
(@DocumentingBTC) April 21, 2023
(@DocumentingBTC) April 21, 2023The report indicates that the updated feature will enable users to execute various operations with Bitcoin via Telegram’s web interface. This enhancement broadens the array of cryptocurrency services now accessible within the chat application, allowing anyone to conduct transactions or exchange BTC using the Telegram web interface.
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Telegram Entering the Cryptocurrency Space
Telegram has also upgraded the exchange functionality with a feature that permits users to quickly swap Bitcoin, Tether (USDT), and Telegram Open Network (TON) among themselves at competitive rates.
Furthermore, Telegram’s recent initiative to facilitate peer-to-peer Bitcoin trading and to widen the range of cryptocurrencies marks a notable advancement in the company’s ambition to become a significant entity in the evolving landscape of decentralized finance (DeFi).
It will be noteworthy to observe how Telegram and other third-party sectors continue to evolve and respond to the needs and expectations of users globally as the adoption and utilization of cryptocurrencies grow.
The trading price of Bitcoin has experienced a substantial drop in recent days, decreasing from the $30,000 level to around $27,000. As of this writing, Bitcoin is trading at approximately $27,284.28, reflecting a decline of 3.58%, according to CoinMarketCap.
