One of the first major wallet providers, Bitget, has completely integrated The Open Network (TON), a blockchain that has been endorsed by Telegram.
With Bitget Wallet, members of The Open Network can now exchange native assets and purchase or exchange Toncoin via fiat corridors such as Banxa and cross-chain marketplaces. In order to convert fiat currencies, like US dollars, into TON, users will have access to a minimum of nine more channels.
The Open Network mainnet support for Bitget Wallet’s swap service, according to COO Alvin Kan, “expands utility for traders and improves access to a rapidly growing ecosystem.” Using Bitget Wallet, the Open Network mainnet has surpassed industry heavyweights like Arbitrum, Base, BNB Chain, and Polygon to become the most transacted network.
This month has seen a boom in activity on the TON mainnet, with trading volume surging by over 25 times. As a result, Bitget Wallet acceptance has increased across a number of Southeast Asian, European, and African locations. Kan remarked regarding the roadmap for supporting The Open Network:
“Bitget Wallet is now becoming the go-to source for all things TON. Our future plans include smart market support for TON mainnet tokens, zero gas fee token trading, and a curated selection of DApps. We will continue to optimize and expand Wallet services”
This cycle, the Open Network on Telegram has gained traction because to the rising popularity of tap mini-games like Notcoin (NOT) and Hamster Kombat.
The trustless Bitcoin bridge was also revealed by the TON Foundation, an organization dedicated to promoting TON development. The concept seeks to transfer value across the biggest blockchain network in cryptocurrency and a chain that is presently seeing rapid user acceptance.
