Based on a recent report, the ability to test how to trade digital currencies will soon be made available to users of mobile messaging giant —Telegram.
A publication released by the messaging giant today stated that the developers of Button Wallet, a well-known messenger-based platform for trading Ethereum, Bitcoin Cash, Litecoin, Bitcoin and many other virtual currencies, are set to start a free cryptocurrency testing playground on Telegram’s Open Network (TON).
With the pilot, users will be able to have access to free crypto being distributed on the Button Wallet. Every customer will also receive 6.6 testnet GRAMS to carry out tests, thereby, reducing the fear and dangers attached to using their own cash.
Also, Button’s management is of the belief that giving users of Telegram the opportunity to buy or trade crypto assets without having to risk real money will help to improve launch which is expected to take place on October 2019.
Alex Safanov, the Chief Executive Officer and Co-founder of Button Wallet said that:
“Cryptos’ biggest obstacle is mass adoption and what we’ve created will help people [become] comfortable with trading cryptocurrency without using real money…
With all the fanfare surrounding Facebook’s Libra digital currency, there hasn’t been a way to explore digital assets without risk, until now with Button Wallet and the Telegram Open Network.”
With all the fanfare surrounding Facebook’s Libra digital currency, there hasn’t been a way to explore digital assets without risk, until now with Button Wallet and the Telegram Open Network.” he added.
Furthermore, Safanov revealed that users can learn “ins and outs of how the messenger banking ecosystem works”, therefore boosting consumer confidence and mass adoption of digital currencies.
The Chief Operating Officer at Button Wallet, Rachael McCrary said that:
“There’s [a] common fear around crypto which is preventing some people from becoming new users. Giving them the ability to practice performing transactions helps remove fear around trading real digital assets.”