Discover how to buy Toncoin (TON) on an exchange you can trust
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Toncoin (TON) is currently at
€1.3189
-€0.00426 (-0.32%)
Last updated on --.
How can I buy Toncoin on OKX?
Whether you're new to crypto or an experienced trader, you can buy Toncoin using the OKX Wallet or Exchange.
Step one
Get OKX
Download the app and sign up in a matter of minutes.
Step two
Fund your account
Deposit funds via bank transfer, credit card, or Apple Pay.
Step three
Choose Toncoin
Select Toncoin and buy using your chosen method.
Step four
Receive your Toncoin
Confirm your purchase and store your Toncoin in your portfolio.
What's Toncoin?
Toncoin is a digital token used on the TON blockchain, which helps people send money and messages quickly and safely. Imagine it like a magic coin that lets you play games or buy things online without needing a bank. It exists to make online transactions easier and faster, solving the problem of slow and expensive money transfers.
How can I buy Toncoin?
1) Create an account on OKX by visiting the website and signing up with your email. 2) Fund your account using a bank transfer, credit card, or other local payment methods available in the United States. 3) Once your account is funded, search for Toncoin and place a buy order by entering the amount you wish to purchase and confirming the transaction.
Why do people buy Toncoin?
People buy Toncoin because it allows them to use services on the TON blockchain, like sending money or using apps. It’s popular for its fast transaction speeds and low fees. Toncoin is also part of a growing ecosystem, which means more apps and services are using it. However, it’s important to understand its limitations, like market volatility and regulatory changes.
Things to know before buying Toncoin in the United States
In the United States, cryptocurrencies like Toncoin are legal but regulated. You must complete KYC and AML verification when buying. Cryptocurrencies are subject to taxes, such as capital gains tax when you sell them for a profit. Income from staking or rewards may also be taxable. Always keep records of your transactions for tax purposes.
What are other ways to own Toncoin?
You can obtain Toncoin through airdrops, where tokens are given for free, or by participating in Learn-and-Earn programs that reward you for learning about crypto. Staking or providing liquidity on the TON network can earn you Toncoin as rewards. Task-based programs, like referrals, may also offer Toncoin. Each method requires effort and understanding of the risks involved.
How can I store my Toncoin?
To keep your Toncoin safe, you can use custodial wallets, where a service holds your coins, or non-custodial wallets, where you control them. Hot wallets are online and convenient but less secure, while cold wallets are offline and safer. Always back up your wallet and keep recovery phrases secure. Use proof of reserves to ensure your assets are safe with custodial services.
Why should I buy Toncoin on OKX?
Learn more about the security measures keeping your Toncoin safe and readily available.
Proof of Reserves
Our 1:1 reserve ensures your funds will always be available to you.
High liquidity
Our high trading volumes mean deeper liquidity and smoother execution for you.
Transparency
We ensure historical market data is available to you at all times.
Security
We adhere to the strictest global security and compliance standards.
Learn more about how to buy Toncoin (TON)
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How to get Toncoin for free
Invite friends, earn rewards
See how you can get free Toncoin when you invite friends to trade with you.
Earn APY on your crypto
Earn interest down to every dollar and watch your Toncoin grow, for free. Put your crypto to work, 24/7.
Join airdrop campaigns
You can get free Toncoin airdropped to you when you join campaigns.
See what you can do with your crypto
Now that you’ve mastered the art of buying crypto, check out its potential.
Trade Toncoin
Take advantage of price fluctuations and trade your Toncoin for other cryptocurrencies.
Send Toncoin
Send your Toncoin anywhere, anytime with fast, low-cost transfers.
Spend Toncoin
Use your Toncoin to pay for goods, services, and experiences seamlessly.
Hold Toncoin
If you think your Toncoin will increase in value, you can hold onto it.
Sell Toncoin
Convert your Toncoin to cash quickly and securely.
How to buy Toncoin (TON) FAQ
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Toncoin TON safely on a trusted exchange like OKX.
Choose the best exchange to buy Toncoin (TON) depending on your individual needs. Factors to consider when picking the best place to buy Toncoin (TON) include: security measures, platform transparency, fees, and efficient transaction processes. First-time beginners can consider trusted exchanges such as OKX.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Toncoin. Refer here for a more detailed guide.
There are exchanges that offer users privacy and do not require verification to complete transactions. However, it is important to exercise caution as such exchanges might be more prone to fraud.
Use a trusted, centralized exchange such as OKX, which offers the ability to buy and sell Toncoin (TON), as well as fiat withdrawal options.
This depends on the method you use to convert Toncoin (TON) to cash. Withdrawals to a bank can take one to three working days to process, while withdrawals to a debit card can be almost instantaneous.
Disclaimer
This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.