Button Wallet is a messenger-based software solution for trading and buying digital assets. A client-side application based on existing infrastructure, Button is built on Telegram messenger with principles of decentralization. Button focuses on optimizing usability and security for users looking to split the finances of shared experiences with friends. A good use case is friends sharing housing, ticket and dining expenses (like Coachella) within an existing group chat, like Telegram. Whether needs are compensating someone for a small freelance gig, tipping a barista, or sharing a meal with friends, Button users can send funds to their friends using only Telegram usernames. The Venmo for crypto, the bot has gained 150k users since launching in Q4 of 2018.
Our Telegram wallet allows anyone in the world to easily hold digital assets or exchanges cryptocurrency or tokens. Button’s Telegram wallet supports BTC, ETH, LTC, BCH, ETC, Waves, Stellar Lumens (XLM) and ERC-20 tokens. US users may also purchase cryptocurrency with fiat money (US Dollars). Telegram TON investors anticipate the release of TON (Telegram Open Network) grows as $1.7B has been invested into Telegram via Grams. Button Wallet will prepare for this by facilitating the exchange of grams for other cryptocurrencies.
Overall, buying cryptocurrency can be confusing for users. Sometimes it can take up to three weeks to be verified for a new user to purchase crypto with fiat within the US. With the integration of Wyre into the wallet, users in the U.S. can become verified to purchase cryptocurrency with a debit card usually within one hour. Button is focused on community and evolution to continue to optimize financial technology for users to easily and safely manage their fiat and digital assets at their own pace based on individual needs. Users maintain control over their finances for optimal ease of use with the push of a button.