What is Toncoin?
Toncoin (TON) is the native coin of The Open Network, a blockchain first designed by the Telegram team and now developed by an open community. Some people call it “Telegram coin” in everyday speech, but the price on this page is the price of TON.
TON is used to pay fees and for staking on the TON network, and other tokens, such as USDT on TON, are held on the same network as jettons.
What moves the Toncoin price?
The Toncoin price is formed by buying and selling in the market, and a few broad factors influence it. These are not predictions; they only explain why the number on the card changes:
- Supply and demand in the crypto market.
- How much the TON network and the apps on it are used, including USDT transfers on TON.
- News about the Telegram ecosystem and the development of the network.
- The mood of the wider market and the global economy.
How is the Toncoin price on this page calculated?
The card above shows the Toncoin (TON) price in US dollars, with the 24-hour change and the time of the last update. Switch the currency in the card to see it in euros, UAE dirhams or Turkish lira: the value is the US dollar price multiplied by the market rate of that currency per US dollar. If your currency moves against the dollar, the local price of Toncoin moves even when its dollar price stands still.
The 24-hour change compares the current price with the price at this same moment yesterday. It describes the recent past and says nothing about tomorrow.
The price on this page is for display and reference only, not a trade price. When you pay or convert in Waletifi, the exact amount comes from a signed quote with an expiry that you see before you confirm. If the price hasn’t updated for a few minutes, you see a warning next to it.
Hold, receive and send Toncoin in Waletifi
Waletifi creates your TON wallet on the W5 contract and shows TON and jettons, including USDT on TON, side by side. You can swap between TON and USDT in the app, with the minimum you will receive and every fee shown before you confirm. If an exchange asks for a memo (comment) on a TON deposit, you can add it in the app.
To get Toncoin, you can deposit it from an exchange or another wallet to your own address and, where conversion is available for it, convert from another asset; the minimum you receive and every fee are shown before you confirm. Availability depends on the pair and your country.
Keys are created and kept only on your phone, and we can’t touch your funds. Write your 24-word recovery phrase on paper and keep it somewhere safe.
Know the risks
Crypto prices can move a lot in a single day, and Toncoin is no exception. This page is not advice to buy or sell and promises no returns; only put in money you can afford to see go down.