SafePal rolls out a Telegram-based crypto wallet, with Visa card support

Self-custodial cryptocurrency wallet provider SafePal has introduced a new cryptocurrency wallet on Telegram, expanding its offerings to reach users directly within the messaging platform.

This wallet integration allows users to access various crypto services without leaving Telegram, catering to the app’s vast, crypto-engaged user base.

Alongside this wallet, SafePal introduces Visa card services, enabling users to make purchases directly from their bank accounts, further blending traditional finance with crypto accessibility.

Known for its approach to digital asset management, SafePal has earned a reputation for user-friendly solutions that prioritize both security and accessibility.

The company offers a range of products, including a mobile app, hardware wallets, and browser extensions, aimed at providing secure storage, easy management, and seamless trading options for cryptocurrency holders.

The choice to launch a wallet on Telegram shows the increasing popularity of Telegram amongst crypto firms as a new and fast way to acquire and service news users. With its expansive reach and ease of use, Telegram has become a key hub for cryptocurrency projects, enabling developers and companies to engage their communities directly.

Many cryptocurrency firms have tapped into Telegram’s “Mini Apps” feature, deploying wallets and DeFi services that can be accessed directly in the app. This trend reflects a broader movement toward making crypto more accessible and integrated with everyday technology.

SafePal’s launch follows closely behind similar initiatives, including Bitget’s recent introduction of Bitget Wallet Lite on Telegram.

Within just a few days, Bitget Wallet Lite recorded over 7 million new users, indicating the demand for integrated, multi-functional crypto solutions within messaging apps and the potential of user acquisition on Telegram.

Bitget’s wallet supports multiple blockchains, allowing users to send, receive, and manage their assets all within Telegram. SafePal appears to be following this model as it broadens its ecosystem.