At a time when more and more mainstream companies adapt to crypto, Telegram rolled out cryptocurrency transfer and exchange feature. In a latest, instant messaging service company Telegram had launched a peer to peer cryptocurrency exchange service for its users. The service was developed by The Open Network (TON) Foundation, a group founded by Telegram’s founders. The foundation is a community of open source developers supporting the development of TON.
The Telegram Crypto Exchange
The community backs Toncoin (TON), which enables commission payments for processing on-chain transactions with smart contracts. According to a Blockworks report, the new Telegram crypto exchange allows users to sell and purchase cryptocurrencies. The transactions can be done directly on the Telegram app.