TON Network launches Telegram wallet bot for P2P crypto trading

The Wallet Bot launched in April, allowing Telegram users to buy Toncoin (TON) and send it within chat messages. The latest update will allow sales of cryptocurrencies between users through the Telegram app, with the exchange services acting as guarantors for each transaction.

The service is pitched as offering “anonymous P2P deals,” however, users must share their mobile phone number with the bot in order to deposit, exchange or purchase crypto.