Binance opens four trading pairs to list Toncoin (TON) by token.
Key receivers
The listing shows growing interest in early-stage tokens from major exchanges like Binance. Ton's integration with Telegram could drive user adoption after its listing on the world's largest exchange.
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Binance, the world's largest crypto exchange, has announced the listing of Toncoin (TON) on its platform.
TON trading will begin on August 8, 2024, at 10:00 UTC, with four trading pairs available: TON/BTC, TON/USDT, TON/FDUSD, and TON/TRY.
The exchange has applied a seed tag to the TON listing, indicating to users that the token is in the early stages of development. Binance encourages users to conduct thorough research before engaging in off-platform trading to avoid potential scams and ensure the safety of their funds.
Tons of deposits are now open, allowing users to prepare for trading before the official launch. From August 9, 2024, withdrawals will be activated 24 hours after the start of trading at 10:00 UTC. Specifically, Binance has set the TON listing fee at 0 BNB, its native token.
Toncoin serves as the native cryptocurrency of the Open Network (TON) blockchain, originally developed by the Telegram Group. It plays a vital role in the Ton ecosystem, facilitating transactions, supporting decentralized applications (dApps) and increasing network security through staking. Ton Network's decentralized finance (deFi) ecosystem has grown exponentially, with total value locked (TVL) exceeding $160 million.
This listing shows growing interest and demand for the token following Binance's earlier launch of Ton futures trading on March 1st. Adding tons to Binance's spot trading platform could increase its reach and liquidity for many traders and investors.
In July, Ton Block launched gasless transactions at a new wallet level.
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