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New tool lets you send and receive Bitcoins for free

(FINANCE NEWS) With PayPal, Chase, and Apple Pay, the need for cash (or even a wallet) is becoming less necessary. Now, the same is true for bitcoins. While this was never something that was in your wallet to begin with, there is now an app that allows you to send and receive bitcoins.

bitcoin

Yep, there is indeed an app for that

Back in the day, if you needed something done that you could not accomplish yourself, you would find “a guy” for that. Need your taxes done? You’ve got a guy for that. Need the air conditioning in your car fixed? You’ve got a guy for that.

As the times change, so does the need for a Rolodex full of “guys”. Now, if you need something, you’ve got an app for that.

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In my repertoire of apps alone, I have an app for meditation, an app for weather, and an app for banking. And, that’s just an extremely small percentage of what is available for smartphone users.

Something that’s become popular through apps is different forms of payment. With PayPal, Chase, and Apple Pay, the need for cash (or even a wallet) is becoming less necessary.

Now, the same is true for bitcoins. While this was never something that was in your wallet to begin with, there is now an app that allows you to send and receive bitcoins.

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All you need is a username

Telegram Wallet lets you instantly send and receive Bitcoins privately for free with your friends on Telegram. Simply send to their Telegram username without needing to know their bitcoin address,” according to the company.

“Telegram Wallet is built using the Telegram bot platform and the Coinapult API to securely and safely help you control your money and privacy. All your private keys are stored with Coinapult and we never ask for your personal details.”

Telegram Wallet is an extension of the Telegram app which is built for messaging. The app works on different platforms, including: smartphones, tablets, and desktops.

Features of Telegram Wallet include: sending money, locking funds, and seeking help. To send money, you choose an amount, select a contact to send to, and click send. For locking funds, remove volatility and lock your bitcoins into USD/EUR/GBP.

Sign up for early access

And for seeking help, you can type “/help” to view your profile, including balance. According to the website, “Telegramwallet.io brings all this together through a telegram bot and the coinapult API to securely and safely help you control your money and privacy.”

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Telegram Wallet has yet to launch, but private beta access sign-up is available on the website for Telegram users.

#TelegramWallet

Ellen Vessels, a Staff Writer at The American Genius, is respected for their wide range of work, with a focus on generational marketing and business trends. Ellen is also a performance artist when not writing, and has a passion for sustainability, social justice, and the arts.

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