The Open Network, or TON, is a decentralized layer 1 blockchain. Toncoin is a native token of the TON network. This currency is based on a proof-of-stake (PoS) consensus process. TON relatively simplifies payments as well. Users can use their TONCOIN tokens to equip the services that are created on the TON platform.
How to buy Toncoin in 3 easy steps?
Step 1: Select a suitable Cryptocurrency Exchange
Step 2: Create an account and verify your details
Step 3: Choose the Mode of Payment
Step 1: Select a suitable Cryptocurrency Exchange
To begin, select a crypto exchange that meets your requirements. To purchase TON, you can either purchase it through a non-custodial wallet – hosted by Toncoin itself – or buy them through centralized exchanges like KuCoin or Gate.io.
Step 2: Create an account and verify your details
Then, to keep your account secure, you must first register an account by updating your email address or phone number and creating a strong password. After validating your email or phone number, you must then complete KYC verification by presenting your government-issued ID and completing facial recognition to access the full features of the exchange.
Step 3: Fund your account
You must now deposit money into your account. You can easily transfer funds from your current crypto wallets to your exchange wallet. To buy TON coins, select Buy Crypto, enter the amount, and finish the transaction. The next steps are based on what exchange you choose – mentioned in this guide.
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Where to buy Toncoin (TON)?
1. Coinbase
Toncoin can be easily purchased on Coinbase, a reliable platform with low fees and 24/7 customer support. To buy Toncoin, you'll need a self-custody wallet like Coinbase Wallet. Coinbase Wallet is available as a mobile app and browser extension.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | June 2012 |
| Deposit Methods | Instant Cash, Debit Cards, Wire Transfers, Bank Accounts, Paypal, Apple Pay, Google Pay |
| Deposit Fees | 0.05% to 0.60% |
| Cryptos Listed | Bitcoin, Tether, USD Coin, BNB, Ethereum 2 |
| Trading Fees | 1% |
| Fiat Currencies Supported | USD, GBP, EUR |
| Trustworthiness | Safe |
2. KuCoin
TON coins can be purchased at Kucoin. This exchange has a large range of cryptocurrencies and minimal fees compared to other crypto exchanges. Additionally, it offers TON currency staking and margin trading, which may appeal to more experienced users.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | September 2017 |
| Deposit Methods | Paypal, bank transfer, zelle and other ways |
| Deposit Fees | Free |
| Cryptos Listed | BTC, ETH, USDT, BNB, ADA, XRP, USDC, DOGE, DOT, UNI and more |
| Trading Fees | 0.0125%-0.1%, depending on your tier level. |
| Fiat Currencies Supported | EUR, GBP, USD, RUB, AUD, JPY, TRY, KRW, CAD, IDR, VND, ZAR, HUF, ILS, NZD, SEK, CZK, CHF, PLN, NOK, INR, DKK, and more. |
| Trustworthiness | Safe |
3. Gate.io
Gate.io is a trustworthy platform for buying TON currency, with a good reputation and a large user base. It is a good choice for purchasing TON coins, particularly as it often offers new tokens like TON first.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2013 |
| Deposit Methods | Bank Transfer, Credit/Debit, Crypto Wallets |
| Deposit Fees | None |
| Cryptos Listed | BTC, ETH, WBT, DREP, TSUKA, BTC, LUNC |
| Trading Fees | None |
| Fiat Currencies Supported | No fiat currency is supported |
| Trustworthiness | Safe |
Frequently Asked Questions
Where can you buy Toncoin with a credit or debit card?
You can buy TON coins from crypto exchanges like Kucoin or Gate.io which allow making trading purchases via a credit or debit card.
What will you need to buy Toncoin?
To buy Toncoin, you must create an account on any cryptocurrency exchange platform like Kucoin and fund it.
What is the easiest way to buy Toncoin?
The easiest way to buy Toncoin is by creating an account in OKX and storing it in any trustworthy wallet.
Best wallets to store your Toncoin (TON)
The Tonkeeper wallet is worth a shot. It is a full-featured mobile wallet for a range of TON transactions. You can also use wallets like Tonhub for storing your Toncoin.
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