Telegram has announced that it will incorporate perpetual futures trading within its unified wallet, allowing users to trade assets such as Bitcoin (BTC), Ether (ETH), and gold without leaving the application. This new feature is powered by the infrastructure of Lighter, a decentralized exchange (DEX) in the Ethereum ecosystem.
According to the announcement on April 2nd, users will be able to open positions. “length” (raise) o “short” (downward), directly from the wallet menu. The operation covers over 50 markets including cryptocurrencies, metals, oil and stocks. Up to 50x leverage. Users can start using it for as little as $1.
In addition to performing trading operations, this tool offers: Real-time monitoring of variables Profit and loss (PnL), margin, settlement price, etc.
It also incorporates risk management functions such as: “make a profit”to secure profits, and “Stop loss”which aims to limit losses, but the latter does not guarantee the avoidance of negative consequences.
The infrastructure behind the new features was developed by Open Platform, which has integrated Lighter’s decentralized order book within Telegram. This will allow you to perform the operation No need to use external exchangeskeeping the entire experience within the application.
Telegram wallet, on the other hand, works on a custodial model. The platform manages your private key We do not provide recovery phrases on your behalf. This makes it easier to use, especially for beginners, but it comes with risks similar to centralized exchanges where funds depend on the provider’s safety and solvency.
This new feature is not available in all jurisdictions. Although access is currently restricted in countries such as the US and UK, the service has reached a base of over 150 million Telegram wallet users.
Finally, with the launch of Perpetual Futures, Telegram further strengthens its broader expansion into the decentralized finance ecosystem. As reported by CriptoNoticias, on February 26th, the wallet announced gains for Bitcoin, Ethereum, and USDT through integrations with Morpho, TAC, and Re7 Labs protocols.
(Tag Translation) Bitcoin (BTC)
