Cryptocurrencies: Discover Telegram’s New P2P Crypto Exchange

After launching the Wallet Bot in April, Telegram now offers users direct purchases with bank cards, exchanges, and transfers to other wallets. P2P Cryptocurrency Exchange Available on Telegram

Toncoin was integrated into bot@wallet on Telegram in April, allowing users to send and receive TON within the app. But the latest update will integrate crypto trading services directly on the app. If there is a disagreement between the seller and the buyer, the P2P exchange will resolve the dispute.

Anonymous P2P Transactions

The exchanges will be completely anonymous users can trade directly with each other and share their phone numbers with bots. To make a sale, users will need to make a special announcement in the app.

To sell tokens, users will post an in-app message that the buyer can choose from. Buyers can use USD, EUR, UAH, BYN, and KZT to buy cryptocurrencies. The exchange charges a 0.9% commission on all sales. However, the purchase will be made with zero commission.

Currently, the platform only supports Toncoin (TON) and Bitcoin (BTC). Only TON can send directly between users via Telegram chats.

During this time, the Bot exchange service will act as the guarantor for each transaction. However, there will be another solution, a dispute resolution process in the event of a disagreement between the seller and the buyer.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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