Its an age old equity
This summer will see the largest rollout of a non-custodial crypto wallet in human history. Instant zero-fee crypto transactions for over a billion users are about to become reality,” Durov wrote.
Currently, Telegram features Wallet, a product by the third-party company The Open Platform (TOP). The service has over 150 million registered users and operates in a custodial mode by default.
TOP founder and CEO Andrey Rogozov explained to ForkLog that the two products are complementary rather than competitive. According to him, Wallet in Telegram will remain a separate multi-chain product with a broader range of features. In addition to storage and transfers, it supports trading, perpetual contracts, tokenized assets, and the Earn tool.
“[The new] wallet is a simple way to start using cryptocurrency. Wallet is designed for those who need more extensive options for trading, investing, and asset management,” Rogozov noted.
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