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Rumors about Binance’s cooperation with Telegram appear online

2:37 pm, August 8, 2023

Binance Research has released a report on Telegram bots and the convenience of using them in cryptocurrency transactions. Rumors immediately spread in the community that the Binance crypto exchange was going to list tokens associated with the popular messenger on its platform.

The study says that Telegram bots help cryptocurrency users easily perform transactions via smartphones, and that it is quite convenient. The authors note that the total volume of transactions made using Telegram bots has exceeded $ 190 million over the entire period of its existence. The record daily trading volume of $ 10 million was recorded on July 23, 2023. The total profit generated by Telegram bots exceeded $ 28.7 million.

The study sparked discussions on social media and crypto forums. Cryptocurrency enthusiasts suggest that Binance 's interest in bots and their impact on the crypto landscape may signal future changes in token offerings.

«The possibility of bot-related tokens being listed on Binance isintriguing,» said crypto journalist Colin Wu.

Telegram recently introduced Wallet Pay to pay for Tether USD (USDT) stablecoins in BTC and TON. The Wallet Pay service provides crypto payments between users and legal entities, which allows for direct payments in the Telegram interface.

In April, Telegram announced that its users would be able to buy, exchange, and send bitcoins to each other via the Wallet bot’s web interface. In March, the messenger’s users were able to buy, sell, exchange, and transfer Tether stablecoins (USDT) to each other for free right in chats.

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