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Topic: Becareful with telegram wallet! (Read 991 times)

newbie
Activity: 2
Merit: 0
June 09, 2024, 12:55:08 PM
#94
Then if your telegram wallet and account is banned, what you can do if is premium telegram under your name ?
legendary
Activity: 2604
Merit: 2353
June 07, 2024, 04:58:55 PM
#93
Of course is always good to store our coin in non custodial wallet where no one can have access to our funds, using telegram wallet to store our assets is very risky. i still wonder why most people keep using telegram wallet to store most of there assets when there are so many wallets out there that is very trusted and secured just like this non custodial wallets, However i so much appreciate op for bringing this topic because most people are still yet to know that telegram wallet is very risky, but with the help of this topic I'm pretty sure that they're going to know now.
Now you need to provide your name, your birth date and your phone number in order to be allowed to use the custodial wallet of Telegram. So it should be easier to claim your assets at the customer support in case of a ban of your account. Anyway the non custodial wallet, TON Space is still fully available without providing any information, even its swap feature allowing to swap TON tokens from the wallet is still available.
full member
Activity: 448
Merit: 130
June 06, 2024, 08:31:54 PM
#92
Anyone can be cheated by Telegram app. Lately there have been several cases of fake investment schemes, frauds in the Telegram app. Various social media cryptocurrencies promote various coins, various newbies who have never invested with cryptocurrencies express interest and are invited through Telegram links. They act according to the instructions given to them and ask them to link the wallet to an important thing which makes it very dangerous for you and your wallet. So users should also be careful about sharing personal information or financial details with unknown persons on such platforms, you should think twice before engaging in such activities.
legendary
Activity: 1778
Merit: 1474
🔃EN>>AR Translator🔃
June 06, 2024, 05:32:36 PM
#91
Of course is always good to store our coin in non custodial wallet where no one can have access to our funds, using telegram wallet to store our assets is very risky. i still wonder why most people keep using telegram wallet to store most of there assets when there are so many wallets out there that is very trusted and secured just like this non custodial wallets.

I am sure that most of the pioneers of this forum have become expert members in how to manage their assets, including choosing good wallets and using them in the best way, in addition to making good use of the features provided by blockchain technology according to the design of the protocol. On the other hand, I am sure that the vast majority of users outside the forum are still unable to make a good choice and can easily be influenced by advertisements that invite them to use this or that service. On this basis, fraudsters are still devising ways that enable them to victimize inexperienced users and steal their assets. Unfortunately, all of these victims do not do research before using any of the available applications.

It is true that Telegram is an advanced platform that benefits millions of users, but this does not necessarily make it a safe space for any service or activity. It would be better to avoid using it for everything related to asset management and limit yourself to services related to social media.
full member
Activity: 476
Merit: 230
God is All
June 06, 2024, 11:43:10 AM
#90
It's certain projects like this should be frowned out because the intention of the site at first was not a crypto wallet but rather it was designed to be a social media platform. All crypto asset was supposed to be stored in a non custodian wallet which is the only secure place for storing your coins because you are fully in charge of your security by holding your mnemonic seed. And paraventure your phone number get banned just as the op stated,  your wallet is gone including all your assets in it. Storing your coin in telegram wallet is a bad idea, I urge everyone to give it a frown and avoid it before you loss any asset.
member
Activity: 210
Merit: 36
June 06, 2024, 09:27:37 AM
#89
I've been hearing of telegram wallet and how investors have lost their coin in telegram wallet.Initially telegram is a social media where users pass informations online,not until it became a wallet where it's users can store,send and receive cyptrocurrency.Telegram wallet is not safe to store your coin,this message you've passed will serve as a warning to those investors that wants to try everything new in the crypto space.Store your coin in a non custodial wallet,even the newbies on the forum are aware because of how it's been repeated 24/7 on the forum.

Of course is always good to store our coin in non custodial wallet where no one can have access to our funds, using telegram wallet to store our assets is very risky. i still wonder why most people keep using telegram wallet to store most of there assets when there are so many wallets out there that is very trusted and secured just like this non custodial wallets, However i so much appreciate op for bringing this topic because most people are still yet to know that telegram wallet is very risky, but with the help of this topic I'm pretty sure that they're going to know now.
member
Activity: 322
Merit: 70
May 18, 2024, 02:07:42 PM
#88
I've been hearing of telegram wallet and how investors have lost their coin in telegram wallet.Initially telegram is a social media where users pass informations online,not until it became a wallet where it's users can store,send and receive cyptrocurrency.Telegram wallet is not safe to store your coin,this message you've passed will serve as a warning to those investors that wants to try everything new in the crypto space.Store your coin in a non custodial wallet,even the newbies on the forum are aware because of how it's been repeated 24/7 on the forum.
legendary
Activity: 2604
Merit: 2353
May 15, 2024, 04:31:05 PM
#87
Many replies here have been saying there's a back up phrase, how and where do you people find the back phrase that allows you to import it into external ton wallet? Before replying here, I just checked the wallet again but can't find where. By the way, I'm not interested in using the wallet for now but I want to verify whether it truly has back up phrase.
Actually the non-custodial wallet is in the custodial wallet. You need to create it there, as explain by johnsaributua above you have to activate the "TON Space" there, it's the name the non-custodial wallet in fact. Telegram will show your seed phrase when you'll create it and you will be able to access it in the Settings menu of the TON Space wallet everytime you need to remind it fortunately. But when you send TON with this wallet you will have to pay some fees because transactions will be sent onto the TON blockchain, contrary to transactions made with the custodial wallet.
member
Activity: 335
Merit: 34
Low Fidelity High Potential
May 15, 2024, 10:48:10 AM
#86



If such a case is very risky, it means that the user's funds are easily lost. I also get a lot of notifications and offers if you use their wallet there will be a free fee in USDT shipping fees but it is required to deposit some USDT in order to be active

Yes. This is a new experience and news and that's why you prefer to use Tonkeeper Wallet for TON instead of the type of wallet in the Telegram application using a mobile phone and most recently there is now an Earn campaign for Notcoins which lasts until May 25 on the Telegram channel. So be more careful if this is the story.
sr. member
Activity: 812
Merit: 257
PredX - AI-Powered Prediction Market
May 15, 2024, 07:17:26 AM
#85

Many replies here have been saying there's a back up phrase, how and where do you people find the back phrase that allows you to import it into external ton wallet? Before replying here, I just checked the wallet again but can't find where. By the way, I'm not interested in using the wallet for now but I want to verify whether it truly has back up phrase.
It is never too late to anticipate, because when we do our best to keep the phrase confidential is very important, because storage is the ultimate goal when we hunt crypto in any way.

First enter the telegram internal ton wallet then click the 3 dots on the top right, select settings and check the ton space beta and the menu appears as in step 1, select ton space in step 2 and step 3 appears, you are instructed to create a wallet or import 24 secret words, I gave an example of making the initial and select Manually as in picture 5 click continue as in the general wallet and your wallet is copied (best handwritten on paper) and you can store it calmly or can be exported to the external ton wallet.

STEP 1
newbie
Activity: 28
Merit: 25
May 14, 2024, 03:01:43 PM
#84

Telegram?  Isn't sound safe to me.  You didn't hold your key.

Actually you do  Roll Eyes
sr. member
Activity: 952
Merit: 391
Underestimate- nothing
May 14, 2024, 02:18:04 PM
#83
Telegram is a social media platform and aside from anything relating to media that it can be used for, no any other innovations from them should be considered reliable, authentic or secured. Their wallets are a very big centralized wallets and anyone using or trading with them are on the brink of losing all of their funds. I have heard about the telegram wallet but I haven’t read about it or even knew it is for premium users only. This serves as a wake up call to those using it and those intending to use it. You don’t need to do anything relating to violation of the rule by transacting, even by your account been tagged for spamming or other social media related offences, your account will just be blocked or suspended forever. And with the information you just shared, I don’t think it is easily retrievable when blocked or suspended. It is better to stay away from it now than to be a victim of that.
The purpose of telegram is for networking, i once used a telegram wallet once and it was successful and that was the first and last time i used it so i don't know if they improved it or not but using it was not interesting the futures were lame since it was not is purpose to perform such act and my problem with the telegram wallet it will even be very easy for people to hack, starting from if they can have access to your telegram account then the rest will be an easy one so its just like the disadvantages are more than the advantage we know people are thirsty for change. this kind of change is a risky one. we know the level of security that wallets have telegram can not have such wallet.  i don't think i will use it again because the security of my money matters a lot to me, considering a telegram wallet is a no for me.
legendary
Activity: 2492
Merit: 1232
May 13, 2024, 10:42:11 PM
#82
Let us educate ourselves first rather than educate ourselves later.
It's a simple advice to secure your wallet.

First, we should know the basic principle of storing our Bitcoin safely.
Telegram?  Isn't sound safe to me.  You didn't hold your key.
sr. member
Activity: 434
Merit: 199
May 13, 2024, 10:34:55 PM
#81
Creating a secure non custodial wallet won't take up to ten minutes or even less. I don't know the level of conveniences these unsecured wallets offer that people tend to be making such mistakes of using them for their asset storage. Not your keys, not your coins has been an anthem for as old as crypto exits but we turn deaf ears until things get worse before we learn. This is not only applicable to Telegram wallet but to all wallets which you have no control over the phrases. It is as good as if you have no asset because the custodian can deny you access at any time.

Telegram is a social media platform and aside from anything relating to media that it can be used for, no any other innovations from them should be considered reliable, authentic or secured. Their wallets are a very big centralized wallets and anyone using or trading with them are on the brink of losing all of their funds. I have heard about the telegram wallet but I haven’t read about it or even knew it is for premium users only. This serves as a wake up call to those using it and those intending to use it. You don’t need to do anything relating to violation of the rule by transacting, even by your account been tagged for spamming or other social media related offences, your account will just be blocked or suspended forever. And with the information you just shared, I don’t think it is easily retrievable when blocked or suspended. It is better to stay away from it now than to be a victim of that.
hero member
Activity: 1190
Merit: 599
May 13, 2024, 08:59:47 PM
#80
Its main problem with telegram account got banned without any reminder or abnormal activities of our account, I used telegram for updating some signal cryptocurrency trading and usually use for joining airdrop project. But many time my account suspended without any reason why is happening, I don't see any recommended using telegram wallet behind easily account got banned and potential loss all our assets after losing access to telegram account.
For holding or saving assets based on TON network using Tonkeeper as application or has crhome add on with feature saving seed phrase, its not problem when application removing still has access trough seed phrase. Don't use wallet with easily how to access their account got banned without any way for recovering, for telegram account suspended I don't think any ideas how to recovery back.
sr. member
Activity: 2828
Merit: 344
win lambo...
May 13, 2024, 04:58:33 PM
#79
A lack of knowledge about cryptocurrency, in general, will lead to the installation of unsecured wallet apps.
A reason why even today, many people still lose their money. Sad to say that we just learned how to rightly choose a wallet to store our coins and secure our funds when we already experience losses. I don't know but I see this as a common instinct by most and I hope this will change knowing that there is always a way to avoid it. We have to keep in mind that scammers don't give us mercy, they will take everything we have once they get an entry into our wallet.
Let us educate ourselves first rather than educate ourselves later.
member
Activity: 994
Merit: 46
May 13, 2024, 04:31:15 PM
#78
I thought of this for sometimes and decided to not make much mistake of opening a telegram wallet. If telegram can ban account then what is the fate of the assets or funds saved in that particular account registered with the banned phone number. This happens to be a challenging factor now and it is another aspect of thought for the telegram wallet team. To get an account unbanned is something not feasible for the moment and I believe that would pose a major challenge to both the telegram exchange and her customers for the time being.
After reading too many things around now I have understanding going with wallets like these are never been good idea because things can be gone into wrong way, and we can lose our assets which is not good deal, and you are right once they can ban you then you can also lose these assets which are also problem so avoiding these wallets are the best option with staying here only for the chat is good but doing any other activity is never been good and ideal deal.
Telegram needs to be more advance about this with currently many things are helpful for the scammers which are surely not good, but they can improve their things which will be helpful for the crypto world.
sr. member
Activity: 728
Merit: 421
May 13, 2024, 03:56:36 PM
#77
I thought of this for sometimes and decided to not make much mistake of opening a telegram wallet. If telegram can ban account then what is the fate of the assets or funds saved in that particular account registered with the banned phone number. This happens to be a challenging factor now and it is another aspect of thought for the telegram wallet team. To get an account unbanned is something not feasible for the moment and I believe that would pose a major challenge to both the telegram exchange and her customers for the time being.
sr. member
Activity: 798
Merit: 364
May 13, 2024, 01:28:04 PM
#76
Note that this is fully custodial wallet and you have no real control over your funds, you can't even backup anything and you can't recover your funds in some other ton wallet!
I would not hold anything on this wallet, especially not Bitcoin and larger amount of coins, only reason is possible to spend few Ton tokens to buy their phone numbers.

This is my assumption from the beginning but some replies under this thread pointed out that there's back up phrase and you can use it to access the wallet outside telegram app eg on TON wallet. I don't know if there's anything I'm missing but I created the wallet after the initial post to have a first hand experience and after the completion of wallet creation, I couldn't find anything related to recovery keys. Perhaps, one has to manually request for the recovery keys before being issued but whatever the case, it's not an ideal thing to store valuable assets in such wallets.

The simplicity of the app, which includes both messaging and payment, with its lightweight storage, should be a plus among similar messaging apps. As I recall, there is a telegram setting to stay logged in on mobile or desktop for several months, because my telegram number is active and I always top up my internet quota every month. But that's not it, in the wallet ton space (beta) there is a backup phrase, even though it's the same internally for the latest telegram I have used it, then I imported it into the external ton keeper, you can try other ones as well because the wallet type is quite varied for ton.

Many replies here have been saying there's a back up phrase, how and where do you people find the back phrase that allows you to import it into external ton wallet? Before replying here, I just checked the wallet again but can't find where. By the way, I'm not interested in using the wallet for now but I want to verify whether it truly has back up phrase.
full member
Activity: 560
Merit: 100
Eloncoin.org - Mars, here we come!
May 12, 2024, 02:58:28 AM
#75
Since the emergence of telegram Airdrop, that was when the telegram created their wallet so that users would not have to use other wallets other their telegram accounts. The telegram wallet is a red flag for me and even though I would have to use it, I can not deposit uoto $10 in the wallet because i know that would be a big risk for me.
As telegram users, we have to learn from other people's mistakes so that we don't end up to do the same thing losing our funds too.
Telegram wallets is never safe for anyone, I repeat. Telegram is not safe for airdrops but this is precisely the acceptable platform most developers and team suggest for their airdrop projects. I know it's important to follow the rules but we should also know the fact that none of us will be able to undo our actions when we finally get scammed. It's hard to illustrate the system but we should come out heating the surface and becoming the very taste desirable for ourselves.
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