Telegram's Walt adds limit, take-profit and stop-loss orders
Walt, the trading app inside Telegram, added Market, Limit, Take-Profit and Stop-Loss orders in the fourth part of its Walt Street update series.
TON & TELEGRAMTRADINGNEWS
Sofia Marchetti
10/29/20261 min read
Walt, the trading app built into Telegram, has added four order types to its trading screen: Market, Limit, Take-Profit and Stop-Loss. The features arrived on Oct. 28 as the fourth instalment of a five-part product series the platform calls Walt Street, TON Daily News reported.
Under the update, a market order executes straight away at the best available price, with possible slippage. A limit order stays open until the chosen price is reached and liquidity allows execution. Take-profit orders sell once a target price is hit, while stop-loss orders sell when the price falls to a set level. Walt cautions that price gaps or thin liquidity can lead to worse fills than expected.
Users open Walt, pick a supported asset, go to the Trade section, choose an order type and enter the amount, price or trigger before confirming. The platform did not say which assets or products support each order type, what fees apply, or whether take-profit and stop-loss orders can be linked so that one cancels the other.
Building out a trading stack
The update extends a run of trading features since Wallet in Telegram rebranded as Walt in late September, while Telegram rolls out Money, its separate self-custodial Gram wallet. In October alone, Walt cut trading fees to as low as 0.09% through volume tiers, added BNB Chain deposits and launched an AI assistant for perpetual futures that requires users to confirm trades, according to TON Daily News.
Conditional orders are standard on centralized exchanges, and their arrival shows Walt moving from a simple payments wallet toward a fuller trading venue for Telegram's user base. The contents of the fifth and final Walt Street update have not been disclosed.
The release falls in a turbulent week for crypto markets. The roughly $6.3 billion Binance hack on Oct. 29 triggered large liquidations across the market, according to crypto.news, a reminder of how quickly prices can gap past preset order levels.
Source: TON Daily News, crypto.news