Bitget has become one of the first major wallet providers to fully integrate The Open Network (TON), a Telegram-endorsed blockchain.
Bitget Wallet will now allow The Open Network users to trade native assets and buy or swap Toncoin (TON) through cross-chain venues and fiat corridors like Banxa. Users will have access to at least nine other channels to convert fiat currencies, such as U.S. dollars, into TON.
In a statement, Bitget Wallet COO Alvin Kan highlighted that adding The Open Network mainnet support to the firm’s swap service expands utility for traders and improves access to a rapidly growing ecosystem.
The Open Network mainnet has become the most transacted network on Bitget Wallet, surpassing industry stalwarts like Arbitrum, Base, BNB Chain, and Polygon. Activity on TON mainnet has peaked this month, with trading volume skyrocketing by over 25 times, which has increased Bitget Wallet adoption in several regions across Africa, Europe, and Southeast Asia.
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“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,” Kan remarked regarding the roadmap for supporting The Open Network.
The Open Network on Telegram has gained steam this cycle with tap mini-games like Notcoin (NOT) and Hamster Kombat growing in popularity. The TON Foundation, an organization focused on fostering TON development, also announced a trustless Bitcoin (BTC) bridge.
The idea hopes to ferry value between crypto’s largest blockchain network and a chain currently attracting massive user adoption.
24-hour TON price chart | Source: crypto.news
Read more: TON Foundation announces trustless Bitcoin bridge
