Overview of Toncoin (TON)
The current Toncoin price is $2.79, reflecting a -2.99% change in the last 24 hours. Ranked #22 by market cap, Toncoin (TON) is a decentralized currency enabling peer-to-peer transactions without reliance on traditional financial systems.
👉 Buy Toncoin securely on Nexo
History and Technology
Originally developed by Telegram in 2018, Toncoin transitioned to a community-driven project after regulatory challenges. Today, it operates as a scalable Layer 1 blockchain with:
- Proof-of-Stake (PoS) consensus for energy efficiency.
- Low-cost, high-speed transactions (optimized for mass adoption).
- Support for dApps, decentralized storage, and cross-chain interoperability.
Unlike yield-focused networks, TON prioritizes real-world utility, including tokenized assets and global payments.
How to Buy Toncoin on Nexo
Step-by-Step Guide
- Select TON: Click "Buy" on your Nexo dashboard.
- Enter Amount: Choose your purchase amount and payment method (card/bank transfer).
- Confirm Purchase: Review details and complete the transaction.
👉 Get competitive TON rates on Nexo
Maximizing Your Toncoin Holdings
| Feature | Benefit |
|---|---|
| Exchange | Swap assets for TON at fixed rates. |
| Credit Line | Borrow at 2.9% APR without selling TON. |
| Nexo Card | Spend in Credit/Debit Mode, earning interest on balances. |
| Free Transfers | Send TON to other Nexo users instantly. |
Why Buy Toncoin on Nexo?
- Seamless Purchases: Use cards/bank transfers with crypto cashback.
- Optimal Pricing: Aggregates rates from top exchanges.
- Security: Institutional-grade custody.
- Earn Interest: Grow holdings with compounding returns.
Toncoin FAQs
❓ What is Toncoin used for?
TON powers decentralized services, including payments, DNS, and storage.
❓ What’s TON’s circulating supply?
Approx. 3.5B tokens (as of 2024).
❓ How to buy TON with a card?
Select "Buy TON" on Nexo, enter amount, and pay via card.
❓ Does Nexo support crypto tax tools?
Yes—Nexo integrates with tax-reporting platforms.
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