Telegram wallet users can now buy, withdraw and exchange Bitcoin

Telegram is expanding its reach in the world of cryptocurrency by introducing a new feature for peer-to-peer trading Bitcoin (BTC).

Users of the @wallet web interface can now access buy, withdraw, exchange, and make peer-to-peer (P2P) transactions directly through Telegram’s web interface in Bitcoin, as per the latest announcement from the @wallet account on April 21. This move builds upon the existing services surrounding cryptocurrencies that are already popular within the chat program. Notably, the announcement states:

“Bitcoin is now available on the @wallet web interface, along with a new instant exchange. You can now buy, withdraw, exchange, and make P2P transactions with BTC directly through our updated web interface. It is now possible to buy Bitcoin using a bank card or the P2P market in the “Buy & Sell” section of our user-friendly interface.”

The announcement also reminded users that the updated “Exchange” of the platform can now instantly swap Bitcoin, Tether (USDT), and Telegram Open Network (TON) with each other.

P2P trading on @wallet

Overall, Telegram’s latest move to introduce peer-to-peer trading for Bitcoin and expand its cryptocurrency exchange options is a significant step forward in the company’s efforts to become a major player in the rapidly-evolving world of digital finance.

As the popularity and adoption of cryptocurrencies continue to grow, it will be interesting to see how Telegram and other industry players continue to innovate and adapt to meet the changing needs and expectations of users around the world.