TON Blockchain
The core protocol that connects the TON ecosystem
An Ultimate Guide to The Open Network (TON)
What is TON?
The Open Network (TON) is a decentralized internet platform originally developed by Telegram. Its aim is to facilitate the use of blockchain technology in everyday applications.
It is composed of several key components:
TON DNS
Simplifies crypto wallet addresses, allowing for human-readable names
TON Storage
A decentralized data storage solution
TON Sites
Decentralized websites hosted on the TON network
How to buy TON in 5 easy steps
Purchasing TON is quite straightforward. Here's how you can do it using Mercuryo:
steps
- 01..........Choose your fiat currency and enter the amount you'd like to spend.
- 02.....Select TON as your cryptocurrency.
- 03..........Enter your crypto wallet address (this can be a wallet like Tonkeeper, Trust Wallet, or the official TON Wallet via Telegram).
- 04..........Select your payment method (credit card, bank transfer, etc.), enter your email address, and click "Buy."
- 05Verify your account
TON-compatible wallets
You can store TON in several trusted wallets:
Metamask
A popular Ethereum-based wallet that can support TON through custom networks, providing a secure and easy-to-use interface for managing assets.
Ledger
A hardware wallet known for its top-tier security, keeping your TON safe offline. Ideal for long-term storage of your cryptocurrency.
Trust Wallet
A mobile wallet with support for multiple blockchains, including TON. It’s user-friendly and suitable for both beginners and experienced users.
Tonkeeper
The go-to wallet specifically designed for TON. It offers a sleek and secure interface for storing, sending, and receiving Toncoin.
Telegram Wallet
Integrated directly within the Telegram app, this wallet allows for seamless transactions and easy access to your TON without leaving the platform.
About the TON ecosystem
TON is a fully decentralized layer-1 blockchain that was designed by Telegram to onboard billions of users.
Some of the core features of TON include:
Ultra-fast transactions and low fees
Environmentally friendly and scalable design
Sharding architecture that allows the network to handle more transactions by creating smaller “subnets” within the blockchain
Decentralized governance , where validators vote on network updates
Proof-of-stake (PoS) consensus model for scalability and security
Popular tokens on TON
The TON blockchain is home to a variety of tokens, each serving unique roles within its ecosystem. Among these, Toncoin (TON) stands out as the foundational currency, while others like DOGS Token and Notcoin (NOT) add diverse functionalities and creative elements to the network.
These tokens drive the economic activities on the TON platform and integrate seamlessly with Telegram, enhancing the overall user experience.
Notable dApps on TON
The TON ecosystem features an impressive range of dApps demonstrating its broad capabilities. While Notcoin and the main wallets are familiar to many, the ecosystem encompasses much more.
Catizen, a casual GameFi adventure developed on TON, offers a unique Play-to-Airdrop experience. Since its Beta launch on March 19, 2024, the game has attracted over 1 million players, including 80,000+ on-chain users, and has surpassed 1 million on-chain transactions.
STON.fi, is an advanced decentralized automated market maker (AMM), simplifying trading with its efficient design.
Evaa, introduces a revolutionary decentralized lending protocol, enabling peer-to-peer lending and borrowing of digital assets without traditional intermediaries.
FAQ
How can I buy TON?
You can easily purchase TON through Mercuryo using fiat currencies like USD or EUR. Mercuryo offers a simple and secure way to buy TON directly. Additionally, you can acquire TON on exchanges like OKX, Bybit, and MEXC. You can also earn TON through staking, participating in TON-based dApps, or gaming applications like those on Telegram.
How do I buy TON coin on Trust Wallet or Tonkeeper?
For Trust Wallet:
1. Open Trust Wallet and go to the "Buy" section.
2. Select TON as the cryptocurrency.
3. Enter the amount of fiat currency you wish to spend.
4. Complete the transaction using your preferred payment method.
For Tonkeeper:
1. Open Tonkeeper and navigate to the "Buy" section.
2. Select the amount of fiat currency you'd like to exchange for TON.
3. Follow the prompts to complete your purchase.
How much is 1 TON to dollars?
The value of 1 TON fluctuates based on market conditions. You can check the current price of Toncoin on cryptocurrency tracking websites such as CoinMarketCap or CoinGecko.
Why is Toncoin so popular?
Toncoin's popularity stems from its origins with Telegram and its highly scalable architecture, which makes it suitable for handling millions of users and transactions. Its fast transaction speeds, low fees, and seamless integration with Telegram make it appealing to developers and users.
How do I withdraw crypto from Mercuryo?
To withdraw your crypto from Mercuryo:
1. Go to the "Withdraw" section in your account.
2. Select the cryptocurrency and the amount you want to withdraw.
3. Enter your withdrawal address.
4. Confirm the transaction.
How do I verify my account?
Mercuryo will prompt you to complete a KYC (Know Your Customer) verification process. You'll need to provide valid identification documents such as a passport, national ID, or driver's license. You may be asked to take a selfie with the document to submit your request.
Follow the steps provided, and once verified, you can start using your account without restrictions.
What payment methods are supported with Mercuryo?
Credit and debit cards (Visa, Mastercard)
Apple Pay (in certain regions)
PIX in Brazil
SEPA in EU