Telegram CEO Pavel Durov

Announced on Wednesday that his company is working on a series of decentralized cryptocurrency tools to assist millions of users in safely trading their digital assets. This announcement could shake up the crypto exchange industry. The CEO of Telegram claims that these tools will include decentralized exchanges and non-custodial wallets.

Telegram is working on developing trustless and decentralized alternatives as the demise of FTX, the exchange founded by Sam Bankman-Freid, continues to shake investors' faith in the industry's centralized players. Through its blockchain-based auction platform Fragment, the platform has already sold $50 million worth of usernames for TON's native token. Durov said this week that he will expand the service to include other crypto assets in addition to usernames.

Additionally, the messaging platform is developing a set of decentralized tools that will make it possible for millions of cryptocurrency traders to store and send tokens using a trustless protocol. Durov believes that the development of a decentralized crypto wallet and exchange will assist in resolving the issues brought on by the industry's excessive centralization.

A crypto payments Crypto exchange telegram feature that would enable users to send tokens directly from within the chat application is another tool that Telegram intends to develop. Similar to Twitter's Tip Jar feature, which lets users send coins to third-party payment platforms like Stripe, this would be similar.

Crypto Scams on Telegram You've probably encountered a crypto scam at some point in your life, whether you're new to the market or have been trading for a while. If you aren't careful, these scams can cause you to lose a significant amount of money and often target inexperienced or even novices.

There are a few easy ways to keep yourself safe on Telegram that can help you avoid having this happen to you. You can stay away from most of the crypto scams that are currently operating on the platform with the help of these tips.

Learn 2 Trade, a group of tech and financial analysts, is one of the most popular crypto telegram groups. Members of the channel receive real-time technical analysis and important crypto-related events. Additionally, it includes a number of useful tools to assist crypto traders in improving their strategies and decisions.

Another well-known cryptocurrency telegram group, Margin Whales, provides indicators of leverage for the Bitcoin and Ethereum markets. Additionally, market commentary and the most recent crypto news are provided by the channel.

Long-term traders and stakers especially benefit from this Telegram channel. The channel provides a variety of market insights and target predictions for cryptocurrencies like Bitcoin and Ethereum, including daily and weekly price analyses.

The gathering is directed and doesn't permit spam or tricks to be posted inside the channel, so it's a decent spot to remain informed about the most recent crypto news.