Telegram Wallet Integrates Mercuryo to Simplify Crypto Access

Telegram's Wallet platform has partnered with Mercuryo to introduce on-ramp services, enabling users to buy cryptocurrencies like Bitcoin and Toncoin using traditional currencies such as the U.S. dollar or euro. This collaboration aims to lower the entry barriers for new users by reducing fees associated with converting fiat to crypto, thereby facilitating broader adoption of digital currencies. With over 100 million users signed up for the Wallet, most of whom are new to the crypto ecosystem, the integration is positioned as a significant step towards democratizing cryptocurrency access. Andrew Rogozov, CEO of The Open Platform, emphasized that Wallet serves as an easy entry point into crypto, allowing seamless transactions within the Telegram app. Petr Kozyakov, CEO of Mercuryo, expressed enthusiasm for the partnership and its potential to onboard millions of new users into cryptocurrency services. The integration is expected to enhance user experience and streamline crypto transactions directly within the messaging platform.