Free USDT Transfers and Withdrawals on Telegram Wallet

Wallet users now have an unprecedented opportunity to send USDt to their Telegram contacts without any fees. This innovative feature is a result of USDt’s integration on the TON network, a significant development announced by Pavel Durov (CEO of Telegram), Andrew Rogozov (CEO of TOP & Wallet), and Paolo Ardoino (CEO of Tether) at the Token2049 conference.

To further celebrate this milestone, Wallet has also waived all fees for USDt withdrawals to external wallets on the TON network until the end of June. This means that for a limited time, users can enjoy seamless, cost-free transfers and withdrawals, enhancing the convenience and utility of their digital assets.

Earn High Returns with Wallet Earn Campaign

In collaboration with the TON Foundation, Wallet introduces the Wallet Earn campaign, offering a lucrative opportunity for USDt holders. With a massive allocation of $30M, users can now earn up to 50% APY for storing their USDt in Wallet.

Participants can deposit up to 3,000 USDt into their bonus accounts, reaping a 50% APY in the first two weeks, followed by a 25% APY in the subsequent two weeks. The campaign is designed to be accessible and flexible, with no hidden terms or strict limitations. Users can start with any amount and have the option to add more to their Wallet Earn account before the deposit period ends. Daily rewards are calculated and can be withdrawn at any time or at the end of the deposit period, credited in Toncoin at the current exchange rate.

A similar campaign for Toncoin holders is also in the pipeline, promising more exciting opportunities for users.

Key Campaign Dates and Terms

• Start Date: May 1st, 2024, at 14:00 UTC
• End Date: July 1st, 2024, at 23:59 UTC, or until the reward pool is exhausted
• Eligibility Cut-Off: June 1st, 2024, at 23:59 UTC

The campaign has a reward pool of 5 million TON, with rewards calculated in USDt but paid out in TON. To participate, users must be verified at Identification Levels “Extended” or “Advanced.” Users with “Basic” verification need to upgrade to claim their rewards.

How to Participate

1. Verification: Ensure you are verified at the appropriate identification level.
2. Deposit: Make your first campaign deposit before the eligibility cut-off.
3. Earn Rewards: Enjoy daily rewards calculated on your USDt balance.

Users can withdraw their full campaign deposit at any time, but partial withdrawals are not allowed. Withdrawing the full deposit before the campaign end date will terminate participation, forfeiting any rewards accrued the previous day.

Rewards Structure

The Wallet Earn campaign offers a tiered APY structure, rewarding users based on their commitment duration. The exact APY structure is available in the FAQ section. Daily rewards are calculated in USDt and paid out in TON at the prevailing exchange rate. Users must claim their rewards manually by entering a valid on-chain TON address.

Key Takeaways

This is a golden opportunity for Wallet users to leverage their USDt holdings for high returns and take advantage of free transfers and withdrawals. Join the Wallet Earn campaign today and maximize your digital assets’ potential. Ensure you are verified and make your first deposit before June 1st to be eligible. Don’t miss out on these exceptional benefits – start earning and transferring USDt seamlessly with Wallet on the TON network!