Telegram Stars: How to Purchase Digital Goods on Telegram Using Toncoin?

The June update paved the way for Telegram Mini Apps, helping content creators monetize their channels with paid photos and videos, and introducing search by hashtag or location and a new widget or link in stories. Starting today, Mini App developers and content creators can use the stars they earn to receive Ton Coin rewards. Or buy Telegram ads with special discounts.

What is Telegram Mini App?

Now, over 500 million Telegram users interact with Telegram Mini Apps on a monthly basis to purchase products, access services, and play games. You can see Mini Apps in the bottom bar of your Telegram page. This allows you to reply to messages or access other Mini Apps you've launched and then return to the Mini App you had previously opened without waiting for it to reload.

What are Telegram Stars?

Hundreds of millions of users use Telegram bots and mini-apps every month. They are buying digital assets, getting services, and playing games. Now, the latest Telegram update allows these bots and mini-apps to offer digital goods and services as well.

Selling physical products with paid links or Telegram channels and generating revenue from Telegram through these bots and apps is not new for businesses, but now they can offer digital products as well. This means that everything from e-books to online courses to gaming items can be sold directly on Telegram.

Telegram Stars now allows you to pay only stars and not money for all these digital goods. You can earn these stars through Apple, Google, or Premium Bot and then buy all the digital stuff you want with them.

These stars align well with Apple and Google's rules, so developers and users have easier access to in-app purchases right from their phones. Additionally, developers will soon be able to redeem their stars for Fragment's Ton Coin.

The Importance of Using Telegram Stars

If you buy physical items, you're a bit old hat with Telegram's regular payment methods.

Fast and Easy Payments More types of businesses can now join Telegram and reach 900 million customers.

Telegram plans to add more features, such as giveaways for content creators.

How does Telegram Stars work?

You create a bot that offers digital goods and services to Telegram users. Business bots can send invoice messages with a specific format to users, groups, or channels. To do this, you can use Telegram Premium or Telegram Business. If your bot supports online mode, users can also send invoices through the bot to other chats, including one-on-one chats with other users.

Invoice messages have pictures and descriptions of the products along with a payment button. Pressing this button will open a special payment interface in the Telegram app.

Since your bot sells digital goods and services, all transactions must be made in Telegram Stars with the Extreme Currency (XTR) tag. Users can purchase Telegram Stars through standard in-app purchases from Apple and Google or through Premium Bot and then use them to purchase digital goods and services.

The billing interface for digital goods and services is seamless and does not require entering personal information such as full name, shipping address, or credit card details.

Paying for expenses using Telegram Stars

Last month, Telegram Stars was launched for purchasing digital goods in the Telegram mini-app.

Now, content creators can earn stars by posting paid photos or videos on their channels. Subscribers will only be able to see such posts after paying the author to unlock featured posts.

Rewards for content creators and developers

developers offering digital goods and services and creators monetizing their channels with paid posts can now use the Telegram stars they earn to earn rewards in Toncoins or buy Telegram ads.

Telegram charges no fees for Star transactions, so only taxes and payment system fees apply. When you transfer Stars to your Telegram ad account, Telegram even adds a 30% discount to cover all third-party payment system costs.

TonCoin Rewards

If your channel or bot has Stars in its inventory, you can collect them as TonCoin rewards via Shard. TonCoin is the main currency on the open network of the world's fastest blockchain. You can easily exchange them for any other digital currency.