Toncoin (TON)

€ 4,75

-3,34 % € -0,16

Toncoin Price in Euros

(TON to EUR)

€ 4,75

Toncoin Volume

(24h)

€ 285.94 M

Market Cap

(Toncoin)

€12.02 B
BTC

What is Toncoin

Toncoin (TON) is a decentralized layer-1 blockchain initially developed by the encrypted messaging platform, Telegram, in 2018. The project was later handed over to the TON Foundation, which rebranded it from “Telegram Open Network” to “The Open Network.” Toncoin serves as the native cryptocurrency of this ecosystem, enabling users to pay transaction fees, make payments, and validate transactions, all with an emphasis on scalability and security.

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How does Toncoin work?

Toncoin operates on a Proof-of-Stake (PoS) consensus model, which ensures both scalability and network security. It supports rapid transactions, boasting the ability to handle thousands of transactions per second. With its flexible architecture, TON allows decentralized storage, services, and even a domain name system. It offers users fast, transparent, and secure payment services with minimal fees, making it ideal for both transactions and app integrations.

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How to buy Toncoin?

You can buy Toncoin (TON) easily on Coinmerce. Select Toncoin, choose your preferred payment method, and receive your Toncoin tokens directly in your wallet. It's that simple!

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How to buy Toncoin?

Want to buy Toncoin (TON)? At Coinmerce, the process is straightforward. First, log into your Coinmerce account and navigate to the "Coins" section in the top menu. If you don’t see Toncoin immediately, use the search bar to locate it. Once you’ve selected Toncoin, you’ll be prompted to enter the amount of money (in euros) you wish to invest. The corresponding amount of Toncoin tokens you’ll receive will be displayed, allowing you to double-check before proceeding. After confirming the correct amount, click on “Buy.” You can complete the transaction using popular payment methods like iDeal, which is supported by major Dutch banks like Rabobank, ING, and ABN AMRO. After completing the purchase, your Toncoin will be transferred to your Coinmerce wallet.

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About Toncoin

Toncoin is designed to be the native cryptocurrency of The Open Network, a community-driven blockchain that evolved from Telegram’s original project. It uses Proof-of-Stake to secure the network while providing fast and efficient transaction processing. TON's mission is to create a full-fledged ecosystem with decentralized storage, services, a domain name system, and a private payment platform. The network has already demonstrated its ability to handle 55,000 transactions per second (TPS) and could potentially scale to millions. This level of performance makes it highly competitive, enabling rapid network expansion without compromising security or speed. Despite its ambitious goals, TON is eco-friendly, ensuring minimal environmental impact.

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Founder
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Founded
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Website Website
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Location
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Rank 10
euro
Market Cap 12.02 B
euro
Trading volume 285.94 M
euro
Maximum coins 0
euro
Circulating 2.53 B
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