The popular messaging app Telegram could be the key to reaching the first billion cryptocurrency users.
Telegram, currently the third most downloaded messaging app in the world, could play a significant role in bringing new mainstream users into the cryptocurrency space, according to Ruslan Fakhrutdinov, the founder and CEO of X10 hybrid crypto exchange.
He told Cointelegraph:
“Telegram is currently one of the hottest platforms in the crypto world. With one billion users and the lowest user acquisition cost, it can quickly and affordably onboard new users into crypto.”
X10 exchange has recently launched on mainnet and outlined plans to develop a Telegram-based Mini App for more intuitive digital asset trading, targeted mainly toward new retail investors.