The study says that Telegram bots help cryptocurrency users easily perform transactions through their mobile devices in a convenient way. The cumulative volume of transactions made with the help of bots on Telegram has exceeded $190 million over the course of its existence. A record daily trading volume of $10 million was recorded on July 23, 2023. The total revenue generated by Telegram bots exceeded $28.7 million.
The study sparked discussions on social networks and crypto forums. Binance’s interest in bots and their impact on the crypto landscape could signal future changes in token offerings, crypto exchange customers hope. The possibility of bot-related tokens being listed on Binance is intriguing, writes crypto journalist and enthusiast Colin Wu.
Telegram recently introduced the Wallet Pay service for cryptocurrency payments in bitcoin, the Tether USD (USDT) stablecoin, and the Toncoin (TON) cryptocurrency. The Wallet Pay service provides crypto payments between users and legal entities, allowing direct payments within the Telegram interface.
In April, Telegram announced that messenger users would be able to buy, exchange and send bitcoins to each other via the Wallet bot web interface. In March, messenger users were able to buy, sell, exchange, and transfer Tether (USDT) stablecoins to each other for free directly in chat rooms;