Mercuryo has introduced on-ramp services that operate within the crypto asset solution integrated into Telegram under its Wallet platform.

By merging forces with Telegram, Mercuryo aims to stimulate broad crypto user adoption while building a simple system for millions of Telegram users to seamlessly buy digital currencies.

Mercuryo, a leading Web3 payments provider, has announced the launch of its state-of-the-art on-ramp services that operate within the crypto asset solution integrated into Telegram under its Wallet platform.

Breaking Barriers to Crypto Adoption

The custodial wallet service of Telegram provides Wallet as its main payment solution, simplifying token transactions for Bitcoin (BTC), Toncoin (TON), stablecoins, and Jettons. Through its partnership with Mercuryo, Wallet users gain access to Mercuryo’s advanced fiat-to-crypto services, removing obstacles posed by high entry costs associated with on-ramp fees.

Key benefits of the integration include:

• Seamless on-ramp services for Bitcoin, Toncoin, and stablecoins

• Low on-ramp fees to facilitate accessible crypto entry

• Rapid processing times for efficient transactions

• Support for major fiat currencies, catering to a diverse user base

As the Co-Founder and CEO of Mercuryo, Petr Kozyakov expressed his excitement about the launch of these state-of-the-art on-ramp services for Wallet in Telegram. This partnership aims to welcome millions of crypto users with an innovative and accessible model.

A Game-Changer for Telegram’s Crypto Ecosystem

“We are delighted to launch these state-of-the-art on-ramp services for Wallet in Telegram,” said Petr Kozyakov, Co-Founder and CEO at Mercuryo. “We anticipate a ready uptake among Wallet’s growing user base as it provides a blueprint for how to onboard millions of new users to cryptocurrency services.”

“Wallet’s commitment to mass adoption has always been reflected in the long-term thinking behind our strategy,” said Andrew Rogozov, CEO of Wallet in Telegram. “However, up until now, high on-ramp fees have been a significant barrier for people who want to start using crypto. This in turn slows down adoption. Our new partnership with Mercuryo and the new approach to on-ramping changes this.”

About Mercuryo

Mercuryo is a leading Web3 payments provider offering seamless fiat-to-crypto solutions and native on-chain payments. Since 2018, the company has partnered with MetaMask, Trust Wallet, Ledger, 1inch, and PancakeSwap, among others, to facilitate easy access to digital tokens.

Mercuryo delivers user-friendly crypto payment products that simplify Web3 participation. The company's mission is to empower individuals with the power to seamlessly buy, sell, and use cryptocurrencies in a secure and efficient manner.

About Wallet in Telegram

Created by the team behind the original Telegram open-source code, Wallet in Telegram is a crypto management platform designed for Telegram users. The service enables users to perform instant and secure transactions for Bitcoin, Toncoin, and various other assets directly within the messaging app.

The interface is designed to be as simple and familiar as Telegram itself, ensuring that crypto payments are as seamless as messaging.