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What is Toncoin?

Toncoin (TON) is a layer-1 blockchain developed by The Open Network. Designed for high-speed, scalable transactions, TON aims to advance the development of a Web3 internet with decentralised features.

  • Toncoin is a multi-blockchain platform capable of processing millions of transactions with functionalities such as smart contracts and multi-cryptocurrency allocation.
  • The platform provides interfaces for smart contracts and decentralised apps (DApps), offering a directory of decentralised applications and services.
  • TON, its native token, handles transaction fees, storage costs, and gas payments. It's also used to access TON's services, initiate new chains, and platform governance, allowing holders to vote on protocol parameter changes.

Toncoin seeks to make blockchain technologies user-friendly, integrating with third-party apps and prioritising online security and privacy. With a focus on transparency and decentralisation, Toncoin looks to build trust while advancing the future of online interactions.

How do I swap Toncoin?

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Select the quantity of Toncoin you would like to swap.
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Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Toncoin

Why Should I Trade TON with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell Toncoin no matter what your trading experience is. Unlike other international and Australian Toncoin exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Toncoin with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Toncoin how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Toncoin?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Toncoin for free.

Cold Storage

If you are holding Toncoin as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Toncoin. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Toncoin. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Toncoin has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Toncoin is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Toncoin exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Toncoin & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Toncoin safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Toncoin portfolio here.
Yes! With CoinSpot you can convert your Toncoin to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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