Originally published on: November 02, 2024
Embrace the future with SafePal’s latest innovation! The self-custodial cryptocurrency wallet has made its mark in the Telegram crypto ecosystem by introducing a cutting-edge Mini App wallet on Messenger.
On Nov. 2, SafePal unveiled its Telegram Mini Wallet App, creating a buzz within the crypto community. This innovative wallet will cater to the needs of the 950 million Telegram users, providing them with individually owned and compliant crypto-friendly Swiss bank accounts.
Scheduled to launch in November, SafePal’s new crypto wallet on Telegram will enable users to initiate transactions with a digital crypto Visa card, marking a significant leap towards a seamless digital banking experience. It is the flagship Telegram Mini App to embody the principles of centralized-decentralized finance (CeDeFi).
The decision to integrate with Telegram’s crypto ecosystem comes at a time of increased interest in tap-to-earn Telegram games, showcasing the platform’s potential in fostering engagement with the evolving Web3 landscape. SafePal’s co-founder and CEO, Veronica Wong, highlighted the effectiveness of Telegram in connecting users with the digital finance industry.
With SafePal’s new wallet, users can manage their bank accounts and link them to a digital Visa card, following the completion of Know Your Customer (KYC) checks and the onboarding process. The operation will be handled by Fiat24, a Swiss licensed deposit-taking fintech, offering a hassle-free and secure experience without any account or management fees.
The introduction of a swap function to enhance interoperability among over 100 blockchains demonstrates SafePal’s commitment to expanding its reach globally. Plans are underway to introduce a digital Mastercard card in the European and Asia-Pacific regions, offering users a comprehensive suite of financial solutions.
As part of its relentless pursuit of security and convenience, SafePal has also launched an official co-branded hardware wallet, fortifying its collaborative efforts to bolster security in the TON and Telegram ecosystem.
Step into the future with SafePal’s innovative Telegram Mini Wallet App, and experience the synergy of cutting-edge technology and financial freedom. Join the growing community of crypto enthusiasts and stay ahead in the ever-evolving world of digital finance.
