Telegram's built-in wallet app, Wallet, now offers perpetual contract trading functionality.

CoinFeed reported on April 2nd that Wallet in Telegram, the in-app wallet for Telegram, announced the launch of its Perpetuals perpetual contract feature, allowing users to directly open long and short positions within Telegram. This feature covers over 50 markets, including metals, stocks, crude oil, and cryptocurrencies, supporting leverage up to 50x and a minimum entry amount of $1. Powered by Lighter, the product displays real-time profit and loss, margin, and liquidation price, and supports setting stop-loss and take-profit orders. The project team also cautioned that crypto investments carry high risk, and service may be restricted in some regions.