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One of the world’s most popular messaging apps has launched a new feature

Telegram now lets users send toncoin directly from chats within the messaging app. toncoin, the cryptocurrency built off of Telegram’s blockchain effort, now supports toncoin transactions with no fees attached.

You’ll have to add telegram’s wallet bot to your attachment menu. It allows you to purchase cryptocurrency by bank card, exchange, and transfer to other wallets.

It’s a new way to send toncoin without transaction fees to any telegram user. With this service, you’ll no longer need to enter long wallet addresses and wait for confirmations.

When you’re ready to send crypto, you can enter the amount of toncoin you want to send. Your recipient will receive the toncoin through the chat.

Telegram shut down its own cryptocurrency operation after facing pressure from the Securities and Exchange Commission. The project, originally known as the telegram open network, was developed by telegram CEO Pavel Durov and his brother Nikolai in 2018. A year later, the SEC ordered telegram to halt its sales of gram, the token linked to the ton blockchain, after saying it failed to register the $ 1.7 billion in sales collected as part of its pre-initial coin offering (ICO).

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Written by Nuked

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