To show our commitment to the Ton Ecosystem, Tonsnipe will exclusively accept $TON for its upcoming token sale rounds which starts in few days. (More details to be announced)
TON stands for “The Open Network” and it is a secure, fast, and scalable Layer 1 blockchain project that enables fast transactions and supports a wide range of decentralized applications.
TON Crystal is the project’s native token. TON is used to pay transaction fees, secure the network, and vote on governance proposals.
This brief tutorial aims at educating the new entrants with a step-by-step guide on the process of buying and storing $TON.
Please note the minimum amount to participate in our ICO is 200 $TON.
How to buy Toncoin?
The most common place to purchase Toncoin now is a crypto exchange.
The TON token isn’t available on Binance or Coinbase yet but you can purchase through other exchanges mentioned below.
Steps to buy $Ton Coin
- Create an account on one of the exchanges above (Ensure that they are regulated in your country)
- Verify your identity to comply with your country’s regulation regarding cryptocurrencies
- Make a deposit on the exchange using either cash or stable currencies like USDT.
- Once your account is funded you can now trade against $TON by choosing the corresponding pair (eg. USDT/TON)
- Congratulations, you just bought your first Ton!
- Next and most important step is to store your toncoin
How to store Toncoin?
The best way to store your Toncoin is to use a noncustodial Ton crypto wallet.
You can keep your Ton on a centralized exchange but we strongly advise against that, as you don’t have the private keys.
So the question now is how to get a ton crypto wallet?
There are couple of Ton wallets right now and we will highlight the best 3.
How To Set Up Your Ton Wallet?
If you have been using web3 wallets like Metamask or Trustwallet, the setup process for Ton wallets are pretty much the same.
The process goes like this.
1: Download and install Tonhub or Tonkeeper
2: Open the app and click on “Create wallet”
3: Accept the Terms & Conditions if any
4: Retrieve and save a 12-word phrase that you will be shown
5: Input the seed phrase
6: Your Wallet will be created
To transfer your toncoin from the Exchange to your non-custodial wallet, open your wallet app, copy out the Ton address or scan the QR code from your exchange app, select the amount you want to send and confirm.
Once the exchange processes your transaction, you will get your $ton in your wallet.
Congrats! You are now ready to participate in our ICO which starts in few days time.
Get ready as it it will be on a first come, first served basis.
Join our Telegram group to be the first to know when it starts.🔥
You can also follow us on Twitter and learn more about us on our Website.⚡️
