WhatsApp: A new way to send and receive USDT (without gas fees)

NEW YORK - June 15, 2024 - PRLog -- In a bold move that mirrors Telegram's recent successful launch of their Wallet, WhatsApp's 3.03 billion users can now seamlessly send and receive USDT through WhatsApp without fees through a beta service launched by tech startup, TeekPay. This innovation could reshape how cryptocurrency transactions are conducted, but it also raises significant questions about the long-term viability and broader implications of integrating financial services into popular messaging platforms.

Telegram's Wallet, which was celebrated for its ease of use and security features, set a high bar. However, TeekPay's new beta service, enabling the first-ever WhatsApp wallet that ties a wallet directly to your WhatsApp number, promises to be a game-changer. Leveraging delegated gas fees, users can send and receive USDT over TRC20 without needing any Tron for gas fees. This is a remarkable leap, allowing for seamless, zero-fee transactions, even for micro-transactions as small as 0.01 USDT.

Sending a USDT payment is as simple as typing "Send Name 10 USDT" into WhatsApp. Requesting is the same, just replace Send with Request and typing CMD gives you a list of commands. The system does not reveal users numbers to each other but rather gives you a handle which is useful but it does allow anyone to send or request USDT from anyone on WhatsApp.

TeekPay's CEO, Abdul Alim, who previously won an award from Her Majesty the Queen of England in 2016 for his work on facial fingerprinting technologies for identity management, spearheads this innovative venture. "We wanted to make it simple for users to send and receive crypto directly within WhatsApp without needing to download any other app," says Alim. "By integrating with a platform people already use daily, we aim to bring cryptocurrency to the masses in a convenient and secure way and eliminate gas fees."

The technology underpinning TeekPay's WhatsApp wallet is not only fascinating but also addresses several critical pain points in the current crypto ecosystem. One standout feature is the integration of facial fingerprinting with private key management. This means users can recover their crypto assets if they lose access to their device, WhatsApp account, or phone number. The recovery process involves a liveness check of the user's face and a PIN, adding a robust layer of security and convenience.
Early investors in TeekPay include notable figures such as Roger Ver of Bitcoin.com/BCH and Omar Rahim, the former Director of Binance MENA. Their involvement underscores the significant potential seen in this ambitious project.

Visit https://teekpay.com to see the platform in action while registrations are still open.