SafePal has announced the launch of its new Telegram Mini Wallet App, revealed at the TON Gateway event on 2nd November. With access to over 950 million Telegram users, the app aims to provide compliant, crypto-friendly banking features directly within Telegram’s ecosystem.
CeDeFi-Driven Banking with SafePal
SafePal’s Mini Wallet is the first Telegram Mini App to integrate centralized-decentralized finance (CeDeFi) principles, bridging the gap between traditional and digital finance. The app allows users to open Swiss Financial Market Supervisory Authority (FINMA)-compliant bank accounts, managed through a streamlined Know Your Customer (KYC) process facilitated by Swiss fintech, Fiat24. This ensures user data is securely separated from cash accounts, providing greater privacy and compliance.
This year, @iSafePal is partnering with @ton_blockchain to bring a safe and seamless UX to TON.
To celebrate, we’re releasing a limited edition VIP Giftbox at #TONGateway.
We’re giving away 3 here:
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Convenient Payments with Digital Visa Cards
A standout feature is the digital Visa card, enabling seamless transactions between cryptocurrencies and fiat. Users can access core functions, including sending, receiving, depositing, and withdrawing funds. SafePal’s goal is to make managing digital assets as efficient as possible, directly within a familiar social environment.
SafePal has ambitious plans to expand functionality, adding a swap feature to support interoperability across more than 100 blockchains. This move will allow users to trade assets across multiple networks with ease, enhancing the app’s utility for diverse crypto portfolios.
Future Expansion Plans
SafePal has its sights set on Europe and the Asia-Pacific region, with plans to roll out a digital Mastercard by late 2024. The app will compete with recent offerings from other crypto platforms like Bitget, which launched a similar mini-app centre on Telegram, including airdrops and play-to-earn games.
With this launch, SafePal reinforces its mission to make crypto banking accessible, secure, and easy to use for millions worldwide.
