Crypto Wallet Launches Testnet Trades for 300million Telegram Users


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Button wallet which happens to be a non-custodial and multi cryptocurrency provider has announced that it is launching a free testing service on the Telegram Open Network (TON) this would be in an effort to further drive the adoption of Cryptocurrency amongst 300 million telegram users.


6.6 testnet of gram tokens have been said to been offered through the client application as giveaways— the native currency of Telegram’s TON blockchain platform — this would be for users that activate its wallet, Forbes reported on Aug, 26.


Bringing in “a TON” of people

The Button Wallet’s co-founder and CEO, Alex Safonov said that the giveaway of the gram tokens is targeted at achieving mass adoption as this would encourage its users to have practical experience of transactions with digital assets with zero risks. He said :

“Cryptos’ biggest obstacle is mass adoption and what we’ve created will help people comfortable with trading cryptocurrency without using real money.”

Safonov also made an indirect reference to the “fanfare surrounding Facebook’s libra digital currency” — a crypto payments network that the social media giant intends to integrate into its widely used apps such as Messenger, WhatsApp, and Instagram. 


There has also been anxiety around the apparent bug which has beset pro-democracy activists and Telegram users in Hong Kong, who reportedly fear that the issue could expose them to the Chinese authorities.  


Image via Shutterstock


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