TON: Buying, Selling, Storing, Exchanging

How and where?

It can be confusing at times where to buy a specific cryptocurrency because it might only be listed on a couple of exchanges. Therefore, we’ve compiled a short guide for you on the different ways to buy TON (called TONCOIN on some exchanges), as well as sell, save/store, and exchange/swap.

Inside Telegram using the Wallet

The purchase of TON on @Wallet is made by credit card via Neocrypto and has a quite heavy fee, but this generally the case with exchanges when purchasing directly via a debit card. A thousand USD the commission is somewhere around $40 and also check the rate because they may make additional hidden commissions on the exchange rate.

A more cost effective way is to use P2P markets in which case you can search for suitable prices. The market provider protects both the seller and buyer in P2P swaps.

The @Wallet bot can also store BTC in addition to TON and convert between them, the TON-BTC and BTC-TON exchange rate currently gives a 4% commission to @Wallet.

Wallet is the Telegram approved payment system and thus can be trusted by users.

Inside Telegram using the CryptoBot

Buy, sell, store and pay with cryptocurrency right in Telegram.

CryptoBot is a multi-currency wallet. Store, send and receive TON, BTC, USDT, BUSD, USDC and BNB coins with an internal wallet.

CryptoBot has a market place where you can buy and sell TON as well as Bitcoin (BTC), Binance Coin (BNB) and USDT Tether (BEP20 ) using various payment methods and as more users join the available offers will surely increase. Safe deals without any risk for 1% fee to the seller, free to the buyer. We recommend trying that first, or using a larger market (which requires minimal KYC) such as OKX.

CryptoBot does not yet provide a way to send USDT other than BEP20 network (Binance) not the TRC20 or ERC20 or others offered by OKX.

With CryptoBot you can make very easy payments to other Telegram users by simply typing @cryptobot in any chat (after joining the bot) and these are called "checks" - they arrive at the other person's CryptoBot wallet after they click Receive and Start.
The same for invoices: single or multiple use, just type @cryptobot in any chat, easy.

TON site informs that CryptoBot is built from scratch and does not rely on third-party solutions and uses its own payment service providers to ensure the safety of funds.

On centralized exchanges (CEX):

The advantage of a centralized exchange is that you are protected, also when using P2P trading on their platform. Trading within the platform can also be very low cost, e.g. OKX fees for each trade between USDT and TON(COIN) are less than one tenth of a %! Withdrawal of TON costs only 0.

1 — Crypto exchange OKX: Trading is available in the Toncoin/USDT pair. We have good experiences using OKX and P2P swaps are also protected for both buyer and seller. There are many in the P2P OKX market place selling or buying USDT in local currency, so if you are in a part of the world that doesn't use hard currency, you can find good solutions there. You can then easily exchange USDT to TON(COIN) or vice-versa in OKX with a commission of less than 0.1%. Withdrawal fees whenever you want to withdraw to your Wallet (see Wallets) are also very low: 0.01 TON(COIN) only, no matter the amount!

2 — Crypto exchange FTX: The Toncoin/USD pair is available for spot trading and perpetual futures contracts. 

3 — Crypto exchange EXMO: Trading is available in the Toncoin/USDT and Toncoin/BTC pairs.

On decentralized exchanges (DEX):

— Uniswap: Swap for Toncoin on the world’s biggest DEX. (See instructions.)

— PancakeSwap: The most popular DEX protocol on Binance Smart Chain.

You can find more ways to buy TON(COIN) and other cryptocurrencies in the “Toncoin” section on the official TON website.

See also: Wallets

As time goes on, more and more exchanges are appearing each week where you can exchange TON. GramSwap is one of the latest doing a great job.

Stay tuned for more updates!