Charting platform and technology provider TradingView announced on Wednesday that it is launching a Telegram Mini App.
The new app lets Telegram users access the company’s charting technology within Telegram.
That includes the ability to make customisations to the charts and view different technical indicators.
The app also lets users take snapshots of charts, which can then be easily shared with contacts on the messaging application. Users can also snapshot the asset’s latest price and share it in a message.
In a statement, TradingView said the new app was made possible in part by using Telegram’s TON Blockchain technology.
The charting technology provider has worked with TON in the past, by integrating data from StonFi and DeDust – two decentralised exchanges that operate using the TON Blockchain.
Telegram Mini Apps are accessible within the Telegram messaging application and, since launching, have proven extremely popular among crypto trading companies. For example, crypto trading app Blum raised $5m from investors in February and operates solely as a Telegram Mini App.
Retail broker NAGA became the first FX/CFD brand to launch a Telegram Mini App last year, which seems to have helped the firm onboard a large number of clients in the final quarter of 2024.
A recent presentation by ad network operator PropellerAds showed why that might be the case.
As you can see from the above, both the number of impressions and the conversion rate are huge.
More importantly, a lot of the traffic in Telegram comes from emerging market countries in Asia and Latin America.
These are typically harder for firms to market in directly.
Telegram ads offer an indirect way of doing that, allowing firms to stay compliant in harder to access markets.