Telegram has recently achieved a significant milestone by reaching 900 million users. This surge in user numbers has had a positive impact on Telegram Open Network (TON), a blockchain platform closely associated with Telegram's large user base.
The growth of TON has seen a notable increase of 17% in just the last three days. This growth can be attributed to the close relationship between Telegram's expanding reach and its strong advocacy for cryptocurrency adoption, which has directly benefited Toncoin.
By integrating TON into Telegram's ecosystem, users can easily conduct transactions within the messaging app's native wallet. This integration allows seamless transactions on TON's blockchain network, taking advantage of low transaction fees and fee-free transfers for USDT. The zero fees within the network are particularly attractive to users who frequently transfer funds without worrying about high charges.
Despite the convenience of having a wallet within a messaging app, there are valid security concerns raised by critics. While the wallet is ideal for everyday transactions, users are advised to prioritize security by using traditional hardware wallets with robust security features for safeguarding significant assets.
The Telegram ecosystem offers unique opportunities for users to interact with their wallets through various apps and bots. For example, users can engage in farming or decentralized finance activities using TON or other tokens directly through Telegram, showcasing the platform's value proposition.
For more information on the surge of Toncoin and Telegram's involvement in integrating crypto, refer to the related articles listed above.
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