Near Wallet on Telegram: A Decentralized Wallet for Crypto Users

The NEAR protocol has launched a revolutionary solution for Telegram users: a fully decentralized and self-managed near wallet. This innovation marks a turning point in cryptocurrency accessibility, allowing millions of Telegram users to directly manage their digital assets securely without intermediaries.

A Fully Non-Custodial, Decentralized Solution

The strength of the near wallet lies in its non-custodial nature. Unlike competing solutions that hold your funds, this wallet guarantees that only you control your assets. This means that no one, not even the NEAR protocol or Telegram, has access to your funds or private keys.

This architecture offers a fundamental advantage: complete sovereignty over your digital assets. Users retain full control of their tokens, including popular stablecoins like USDT and USDC. This is a major difference from traditional custodial wallets, which require trusting a third party to protect your funds.

Why Telegram is Becoming the Go-To Platform for Crypto Trading

Telegram has gradually transformed into a central hub for the global crypto community. It’s the convergence point where traders, investors, and developers exchange information, discuss market strategies, and execute transactions in real time.

Illia Polosukhin, co-founder of the NEAR protocol, highlighted this growing trend: “Telegram has become the space where all crypto users live. Having a smart, non-custodial wallet directly integrated into your Telegram account represents a major evolution.” This direct integration turns Telegram into a true decentralized financial platform, where users can manage their assets and participate in token-based discussions without leaving the app.

HOT: The Native Token of the NEAR Ecosystem

The near wallet operates on HOT, a new utility token specifically designed for the NEAR ecosystem on Telegram. As of March 25, 2026, HOT is priced at $0.00 USD.

This token is particularly innovative because it uses meta-transactions to facilitate real operations on the NEAR blockchain. Thanks to this technology, users can perform transfers, play decentralized games, and pay network fees seamlessly. HOT stands out as the first functional token (FT) with full capabilities of native Layer 1 blockchain tokens.

User Guide: Creating and Managing Your Near Wallet

Create an Account Quickly

Creating a near wallet is an intuitive process designed for both beginners and experienced users. Simply click “Create a new account” and follow the straightforward instructions to generate a wallet address in seconds.

For those who already have a NEAR wallet, importing is just as easy: a simple click on “Log in” allows you to recover your existing account. This flexibility ensures a seamless integration into the NEAR ecosystem.

The Critical Step: Back Up Your Seed Phrase

The most important step is backing up your seed phrase. This simple set of words is your ultimate access to your digital assets. If you lose your seed phrase, you lose access to all your funds.

To back it up, go to settings and select “Save seed phrase.” Important tip: write this phrase on paper and store it in a safe place. Do not share it with anyone, not even NEAR support. Anyone with these 12 words can access all tokens in your wallet.

Send and Receive Tokens

To transfer tokens via your near wallet, first ensure your NEAR balance is sufficient to cover transaction fees. On the NEAR protocol, fees are extremely low, around $0.001 USD per transaction.

Sending tokens is as simple as tapping “Transfer.” You will then be prompted to:

• Enter the recipient’s address
• Select the token to send
• Specify the amount

A final tap on “Transfer” will initiate the transaction. This smooth user experience makes managing digital assets accessible to everyone.

Security and Key Features

The NEAR protocol supports a named address format for all wallets, meaning your near wallet address is a recognized blockchain address by major exchanges and wallets.

To access your address, click the QR code icon at the top of the interface. To refresh your balance, tap the three dots in the top right and select “Reload.”

Currently, NEAR is priced at $1.29 USD (as of March 25, 2026), reflecting market dynamics for this leading Layer 1 protocol.

A Wallet Designed for Total Decentralization

The near wallet on Telegram is more than just an asset management interface. It’s a gateway to true decentralized finance, where everyone has full sovereignty over their assets. By removing intermediaries and putting security in users’ hands, the near wallet redefines cryptocurrency accessibility for millions of Telegram users worldwide.