Topic: Telegram launches crypto currency wallet. (Read 446 times)

I would say it's good news for Telegram users, but we cannot claim that all users will use their wallet right away. Trust needs to be established first before holders will have confidence. You have raised a valid concern because I have generally observed that many Telegram accounts get blocked, and many are restricted. In such cases, users may not be able to use the wallet. Additionally, some people create multiple Telegram accounts using proxy settings, which is also an issue, especially for newcomers who may fall victim to scams. Therefore, I believe there will be many concerns among users. Now, the key is to see how they address all these issues so that anyone can use their wallet without any fear.

I would say it's good news for Telegram users, but we cannot claim that all users will use their wallet right away. Trust needs to be established first before holders will have confidence. You have raised a valid concern because I have generally observed that many Telegram accounts get blocked, and many are restricted. In such cases, users may not be able to use the wallet. Additionally, some people create multiple Telegram accounts using proxy settings, which is also an issue, especially for newcomers who may fall victim to scams. Therefore, I believe there will be many concerns among users. Now, the key is to see how they address all these issues so that anyone can use their wallet without any fear.

It's great to hear that Telegram has launched a cryptocurrency wallet! This is a significant development that could make crypto more accessible to a wider audience. I look forward to exploring its features and capabilities.

Congratulations to telegram for launching their own crypto wallet. It has long been on the news and limelight of telegram running their own TON network for quite some years now and at last they achieved it. With their large traffic size of over 800 million users on monthly basis I think this would give them a good edge and stand on Crypto market as they already have a good utility value coupled with the fact that they just launched their own Crypto wallet.

I further had to do some research and records findings of past occurrences and experience with telegram and it became pertinent that I ask these questions. I believe each telegram account holder would definitely have to create his or her own wallet possibly after an upgrade to update such features into the app. So far there have been a lot of nefarious act been done on telegram such as account cloning, account hacking and lots more and I ask what if in a situation where by one's account telegram account is hacked does that automatically grants the hacker access to the wallet? Because I believe the wallet is already built with that telegram account  irrespective of the fact that there is private key or phrase. Another question I have is this what if in the case of banning or blocking a telegram account, would the telegram team also block the wallet of the owner as well? I have to ask this because I became curious about this when I started doing my research into it. Another question I also have is this would the telegram wallet be some sorts of attached or linked to telegram username or ID of every telegram account holder?

I believe we can discuss this here to knowing more and sharing ideas about this unfolding development because telegram itself has a huge number of Crypto enthusiast and I tell you there would definitely be lots of activities and engagements on telegram in the days coming and this would definitely increase lots of telegram scams and hacks which would warrant telegram account holders to strengthen their telegram security features.
Your ideas are welcomed for further discussions.

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Telegram's crypto wallet launch is huge. A well-established site with a large user base is joining the blockchain industry. Telegram is a proven company with 800 million users, so Im not surprised they're entering crypto.

Hacking and account security are serious issues, thus your questions are valid. Telegram hackers could compromise crypto wallets. However, no system is infallible. Banks are trusted despite hacks. Telegram's crypto-wallet's credibility depends on security. Avoid dismissing them based on prior events.

I doubt Telegram would lock your wallet for account banning. They'll be cautious and respectful with crypto. Keep asking questions—vigilant users keep service providers on their toes.

I'm just sad because Telegram now is having these things especially when they started to have their own cryptocurrency (TON) and now this.
I am a fan of Telegram because it's a very easy-to-use and lightweight messaging platform and I believe that they must focus on that part only without adding some feature that could make the platform really bad.

I'm just sad because Telegram now is having these things especially when they started to have their own cryptocurrency (TON) and now this.
I am a fan of Telegram because it's a very easy-to-use and lightweight messaging platform and I believe that they must focus on that part only without adding some feature that could make the platform really bad.

Every platform comes into usage for some purpose. Overtime it tries to keep its users within themselves and not let them go use other applications. This is the reason why we were able to see different features getting added to telegram and other platforms that are completely into different business of communication and community management. Anyhow inbuilt wallet from telegram is really appreciable, however not much prefer this service.

Telegram security is another focus point of discussion. I was thinking if the telegram team could give this security aspect of their app the attention it requires because the rate at which scams,hack and other acts are carried out on the telegram platform is something else.
The news of telegram wallets would trigger more acts from hackers and that would call for more work on the telegram application itself to strengthen the security features so as to prevent hackers gaining access to owners wallet.

If this is not properly taken care of and the hacks becomes obvious I doubt if people would keep the telegram wallet or think of storing their assets on the telegram wallet as everybody considers the safety of their wallet as a priority.

Well technically don't need the telegram application, in fact you never needed it as the wallet has existed for a long time not integrated to telegram in any way.
And i am not sure how they integrated it now but they used telegram bot for a long time to trade TON so that's not new.

I used to follow them but the way their voting played out was horrible. Masses make the worst decisions when they want to rise value fast.

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You don't need anything but a Telegram application. Head over to https://wallet.tg/, it is their official website, click Open Wallet, and the link will direct you to the bot within the application. The wallet is available on the desktop application, I haven't tried it on mobile yet, but since it is based on bot Telegram's feature, I think the wallet will be able to be used on mobile too.

This wallet is a custodial wallet, so it seems there is no way to save your own key. Also, it requires your mobile number to be linked with Telegram in order to use the wallet.

Telegram has to be the platform with the highest percentage of scammers of any available on the internet.  I would honestly guess that >90% of the registered accounts on Telegram have been registered with the intent to scam.  If there's a single app that should be nowhere near a cryptocurrency wallet, it's Telegram.  My advice to everyone would be to stay as far away from a Telegram wallet as possible and if you are forced to use the app for some reason, never engage in a cryptocurrency trade of any kind with people you interact with on there.

Telegram has become a gathering place for Crypto enthusiasts. Telegram with cryptocurrency is nothing new. However, the problem is Telegram's security. Currently Telegram security is very easy to infiltrate. When Telegram creates a cryptocurrency wallet, there will certainly be lots of hacking attempts.
Or it could be by creating a fake link to the Telegram wallet. I have tried downloading the TON app but I am still not comfortable with the UI of the app.
I chose not to invest in TON but will still put it on my watchlist.

Goad to see more mainstream companies willingly getting into crypto but I wouldn’t touch these type of ‘wallets’
It’s boring & everybody is sick of hearing it but it needs to be hammered home until every man & his dog is aware, not your keys not your coins.