Toncoin may be sent and received via Telegram Messenger chats.
As per a Twitter account from The Open Network (TON) Framework, Telegram audiences nowadays can make and receive Toncoin straight within the app's chatrooms. In addition to toncoin compatibility, customers may buy bitcoin via the software's chatbot network. The TON Family foundation toncoin may now be used to transfer and acquire cryptocurrencies via Telegram. It was previously ready to transmit virtual money using third-party services linked to Telegram.
Toncoin, on the other hand, will be accessible exclusively since Telegram reached a settlement with the Securities and Exchange Commission (SEC) in June 2020. In October 2019, the SEC filed a complaint about Telegram regarding the Toncoin initiative.
The TON Organization stated through the official Twitter handler, "Users may now send toncoin straight within Telegram conversations." It's a new method to send Toncoin to any Telegram member without paying processing charges. You will no any more need to input lengthy wallet credentials and await approvals using this application."
Customers may receive and send toncoin, but they can also buy BTC using the wallet chatbot mechanism. Telegram cancelled the TON initiative in August 2020, but the audience contributed $1 billion in April to forward the program's aims.
The TON Organization has expanded into decentralised finance (defi) and non-fungible tokens (NFTs). The organization previously ordered the formation of Disintar.io, a TON-based NFT platform. "On Disintar.io, individuals may purchase, trade, and trade NFTs with no technological understanding," stated the TON Organization. Toncoin reached an ATH of $5.29 per cent on November 12, 2021.
Toncoin's USD valuation has since fallen 64.8 per cent below the ATH. Toncoin is now trading at $1.86 per cent and it has a regular transaction turnover of roughly $2,746,626.
