Toncoin (TON) is one of the most common currencies Buy popular cryptocurrencies now. it ranks 13th coin market cap The market capitalization is US$17.13 billion The current price of Toncoin is $6.73.
Whether you’re new to cryptocurrency or just want to add it to your portfolio, learning how to buy Toncoin is the first step. In this guide, we will show you exactly how to buy Toncoin easily.
Key points:
- Toncoin is the major cryptocurrency Open Network (TON), For trading, staking, and governance in its fast, scalable blockchain ecosystem.
- You can buy Toncoin Popular cryptocurrency exchanges like Binance Or use its wallet function directly in Telegram to pay through the following methods Cryptocurrency, card or bank transfer.
- You can store Toncoin securely in a hardware wallet such as Ledger or Trezoror use Telegram’s TON space Mobile access with enhanced blockchain capabilities.
What is currency?
East Coin Is the native cryptocurrency Open Network (TON)a decentralized blockchain platform originally developed by the team behind Telegram. It is designed for fast, low-cost transactions and supports decentralized storage, private messaging, and seamless integration with Telegram.
TON uses advanced technologies such as Dynamic Sharding and Proof of Stake (PoS) Process millions of transactions efficiently, making it scalable for billions of users.
Where can I buy TOB coins?
Buy using a centralized exchange
- Binance: Binance is one of the largest cryptocurrency exchanges for buying Toncoin. It has over 210 million users worldwide. On Binance, you can buy TON using U.S. dollars (USD), euros (EUR), and even Bitcoin (BTC). Transaction fees are very low, around 0.1% per transaction, which is very cheap.
- Bybit: Bybit is another popular place to get Toncoin. It has millions of users and supports spot trading (direct buying and selling of coins) and futures trading. The platform is easy to understand and offers incentives for new users, such as bonus cash for trading. Bybit is secure and allows you to trade Toncoin with other tokens such as Ethereum (ETH) or USDT (stablecoin).
- KuCoin:KuCoin is often referred to as “People-to-People Exchange” Because it supports over 700 cryptocurrencies, including Toncoin. Transaction fees here are also super low – only 0.1%. You can even stake your Toncoin on KuCoin to earn rewards, which is great if you plan on holding it for the long term.
Buy using a decentralized exchange (DEX)
If you want more control over your funds, you can buy Toncoin using a decentralized exchange (DEX). These platforms do not require any middlemen. All you need to do is connect your crypto wallet MetaMask or TON wallet and conduct transactions directly. Popular DEXs include Uniswap and SushiSwap.
But here’s the catch: you need to first buy another coin like Ethereum (ETH) and then exchange it for Toncoin. This is a little tricky for beginners, but gives you full control.
Purchase using a credit or debit card
The easiest way for most people is to purchase Toncoin using a credit or debit card. Platforms such as Binance, Bybit or KuCoin Make it simple:
- Create an account: Register and verify your ID (takes 5-10 minutes).
- Add new payment method: Link your credit or debit card.
- buy tcoin: Enter the amount, confirm the payment, and you’re done.
This method is fast, but can be more expensive – sometimes as much as 3-5% per transaction. If you want to get Toncoin quickly and don’t mind spending a little more, this is the best option.
How to Buy Toncoin: Step-by-Step Guide
Step 1: Choose a Cryptocurrency Exchange
The first step to buying Toncoin is to choose the right platform. In this guide, we will show you how to buy Toncoin (TON) on Binance. Binance is one of the most popular platforms for buying cryptocurrencies.
However, you can also use other reputable exchanges such as Bybit, KuCoin or Mexicoall support Toncoin. The steps may be slightly different, but the overall process is similar. Let’s keep using Binance for a simple and secure experience.
Step 2: Create an account and complete KYC
Before purchasing Toncoin, you will need to set up an exchange account on Binance. Visit their website or download the mobile app and click “Sign up” button to start. You’ll need to provide basic information such as your Email address or phone number and create a strong password. After submitting this information, Binance will send a verification code to your email or phone to confirm your account.
You can also use our Binance referral code QH6V74V5 You can get 100 USDT card sign-up bonus.
After setting up your account, you need to complete the Know Your Customer (KYC) process. This is a mandatory step to verify your identity and comply with regulations. KYC needs to be uploaded Government-issued ID, such as a passport or driver’s license, and sometimes a selfie for additional verification. The process is simple and usually takes 5 to 15 minutes, but may take longer during busy times.
Step 3: Deposit funds
Once your account is ready, the next step is to fund it. Binance offers a variety of deposit options, depending on your region and preferences. If you use fiat currency e.g. USD or EURyou can deposit funds via bank transfer or credit/debit card.
Bank transfers are cheaper but may take 1-3 working days to process, while card payments are instant but may incur a fee of up to 3%.
To deposit funds, click “Deposit” button and “Buy with USD/INR”select your preferred currency and follow the instructions provided.
For those who already own cryptocurrencies, you can also deposit them into your Binance wallet. Simply select the cryptocurrency you want to transfer, copy the deposit address provided by Binance, and send the funds from your external wallet. Always make sure you choose the right network to avoid any mistakes that could lead to loss of funds.
Step 4: Buy Toncoin (TON) Now
Now that you have funds in your Binance account, it’s time to buy Toncoin. Start by navigating to the trading section on the platform. On the Binance homepage, click “trading” and select “point” from the drop-down menu. This will take you to the trading interface.
Next, use the search bar at the top of the page to find Toncoin by typing the following “ton”. You will see several trading pairs such as TON/USDT, TON/BTC or TON/FDUSD. Select the currency pair that corresponds to the currency in your account. For example, if you are depositing USDT (Tether), select the TON/USDT pair.
After selecting a trading pair, you need to decide how to place your order. For most beginners, a market order is the easiest option as it allows you to instantly buy Toncoin at the current market price. Simply enter the amount of Toncoin you wish to purchase, or specify the balance amount you wish to spend. Then, click “Buy a meal” button to complete the transaction.
After a successful purchase, your Toncoin will appear in your Binance wallet “point” part. Now you can decide whether to keep it on the platform or move it to a more secure storage option.
Step 5: Store TON on a hardware wallet
While it is convenient to keep Toncoin in the Binance cryptocurrency exchange wallet, storing it in a hardware wallet is a safer option, especially if you plan to hold it for the long term. Hardware wallets, e.g. Ledger or Trezorkeep your cryptocurrencies offline.
To transfer your Toncoin to a hardware wallet, first set up the wallet according to its instructions. During the setup process, you will be given a recovery phrase. Write this down and store it in a safe place, as this is the only way to recover your wallet if it is lost or damaged.
Once your wallet is ready, find your Toncoin receiving address in the wallet app. Then, return to Binance and navigate to “wallet” part. choose “extract”select Toncoin, and paste your hardware wallet address into the recipient field. Double check the address to make sure it is correct as blockchain transactions cannot be reversed.
Click “extract” button to start the transfer. For security purposes, Binance will send a verification code to your email or mobile phone. Enter the code to confirm the transaction. Depending on network congestion, transmission may take some time a few minutes to an hour. Once completed, your Toncoin will be safely stored in your hardware wallet.
final thoughts
Toncoin is a promising cryptocurrency, especially with its Open Network (TON) And integrate it into Telegram, which has a huge user base.
Once you choose the right platform, buying Toncoin is a simple process, either Binance, KuCoin, and even wallets using Telegram. If you plan to hold Toncoin for the long term, it is important to keep it in a hardware wallet.
FAQ
How to sell tokens?
Selling Toncoin is as easy as buying it. Go to the cryptocurrency exchange where you hold Toncoin, such as Binance or KuCoin. Take Binance as an example:
- Navigate to “trading” section and select “point” trading.
- search TON/USDT trading pair.
- Select the amount of Toncoin you want to sell and choose market order Immediate sale or limit order Set your selling price.
Once the sale is completed, your funds will appear in your wallet. You can withdraw it to a bank account or other wallet in your preferred currency.
How to buy TON in Telegram?
To buy Toncoin (TON) directly in Telegram you will use TON space walleta feature integrated into the app. This allows you to purchase, store and manage TON without the need for a third-party platform.
To purchase Toncoin, navigate to the wallet interface and select “New Cryptocurrency” or similar options. You can then choose how to purchase, such as using a credit or debit card or making a quick purchase. Select Toncoin as the cryptocurrency you want to purchase, specify the amount in your local currency, and proceed to make the payment. The wallet will process your transaction and credit TON to your wallet balance.
How to buy Toncoin in the United States?
Buying Toncoin in the United States is easy as major cryptocurrency exchanges such as Coinbase and Crypto.com Full support. First, you need to set up an account on one of these platforms. During the registration process, you will be asked to verify your identity through a process called KYC.
Once your account is verified, you can add funds to it. This can be done using Bank transfer, debit or credit card, or even other cryptocurrencies you already own. After funding your account, navigate to the trading section of the exchange and search for Toncoin (Usually listed as “TON”) and buy it by trading with a currency pair like TON/USDT or TON/BTC.
