Blum is a revolutionary mini-app within Telegram that transforms cryptocurrency trading by integrating it seamlessly into chats. As a hybrid exchange, Blum merges the security of decentralized platforms with the liquidity of centralized exchanges, offering a streamlined and secure trading experience.
Understanding Blum on Telegram
What Makes Blum Unique?
- Hybrid Exchange Model: Combines off-chain speed with on-chain security. All trades are executed on the TON blockchain, aligning with Telegram's ecosystem.
- Telegram Integration: No additional downloads needed—trade directly within Telegram’s chat interface.
- Rapid Growth: Launched in April 2024, Blum hit 1 million users within 24 hours and now boasts tens of millions.
- Binance-Backed: Developed by former Binance team members with ongoing support from Binance.
How Blum Works
- Instant Order Matching: Uses an off-chain order book for near-zero delay.
- Blockchain Settlement: Transactions are finalized on-chain, ensuring transparency and security.
- TON-Centric Trading: Focuses exclusively on TON-based assets per Telegram’s updated policies.
Blum’s Features & Tools
Key Features
Blum Points Farming
- Earn points by clicking the "Farm" button every 8 hours.
- Complete tasks (e.g., social shares, quizzes) and invite friends for bonuses.
Drop Game & Rewards
- Engage in mini-games and activities to accumulate points.
TON Ecosystem Trading
- Trade TON-based tokens without manual network switches.
Secure Wallet Options
- Built-in MPC wallet or connect external TON-compatible wallets.
👉 Discover Blum’s Trading Features
Earning Blum Points
- Daily Farming: Regular clicks and timely collections.
- Task Completion: Social invites, posts, and daily challenges.
- Withdrawal: Points convertible to BLUM tokens post-launch (June 2025).
BLUM Token: Launch, Utility & Tokenomics
Launch Details
- Release Date: June 2025.
- Distribution: Available in-app and on decentralized exchanges.
- Snapshot Eligibility: Early adopters may qualify for token allocations.
Token Utility
- Powers Memepad and trading tools.
- Supports token launches and ecosystem growth.
- Unlocks future products and rewards.
Tokenomics Breakdown
| Category | Allocation | Vesting Schedule |
|---|---|---|
| Community | 40% | 30% upfront, 70% over 6 months |
| Ecosystem | 20% | 19% upfront, 4-year release |
| Treasury | 28.08% | 10% upfront, 4-year release |
| Team | 16.11% | 1-year cliff, 2-year vesting |
| Investors | 15.81% | Gradual unlock |
Total Supply: 1 billion BLUM tokens.
Security & Legality
- MPC Technology: Secures keys via multi-party computation.
- Regulatory Status: Registered in Panama; compliance specifics under review.
- Risk Advisory: Market volatility and evolving regulations may impact asset values.
👉 Stay Updated on BLUM’s Legal Framework
FAQs
Q1: How do I start trading on Blum?
A: Open Blum within Telegram, connect a wallet, and begin trading TON-based assets.
Q2: Are Blum Points transferable?
A: No, they’re tied to your account and convertible post-token launch.
Q3: Is Blum available globally?
A: Yes, but users should check local crypto regulations.
Q4: What’s the BLUM token’s use case?
A: It fuels ecosystem features, rewards, and governance.
Q5: How secure is Blum?
A: Combines MPC wallets and on-chain settlements for robust security.
Blum redefines crypto trading by blending accessibility with innovation. With its upcoming BLUM token and Binance-backed credibility, it’s poised to become a cornerstone of Telegram’s Web3 ecosystem.
Keyword Tags: Blum Crypto, BLUM Token, Telegram Trading App, Hybrid Exchange, TON Blockchain, Blum Points, Cryptocurrency Trading, Binance-Backed Projects.