How to buy Toncoin (TON) without Commissions: Step by Step

If you want to buy Toncoin in an easy, fast and secure way, you’ve come to the right place. We will go directly to the information you need to know so that in a few minutes you can own this cryptocurrency. Omitting all the information that many times is given but is not necessary and important, and makes it tiresome for you to follow a tutorial. Here, you can see the step by step, even with a summary for those who are even more in a hurry and want to buy it before it continues to rise in price.

Where to Buy Toncoin

To buy Toncoin there are not many platforms, and it is currently not listed on any major Exchange. Even so, you don’t need to know how to use a wallet which can be complex for a new user, since gate.io does have this cryptocurrency so you can buy it, sell it or withdraw it from their platform once you’ve bought it.

Therefore, we are going to show you how you can buy Toncoin with gate.io, as we consider it to be the easiest and most convenient way . Especially for new users. If you are an advanced user, you can also buy it in decentralized exchanges with your own wallet, with the advantages and risks that this also has.

In case you can’t watch the video or you’re more of a reader, you can always watch the fully detailed step-by-step just below.

Detailed Step by Step

Toncoin is not found on many other exchanges yet. Therefore, we must use these two platforms. Since it is the best option to buy this cryptocurrency, while saving on commissions.

The first step is to make a deposit in our gate.io account. To obtain funds in gate.io, the best and cheapest option is to send them from another exchange such as Binance, since the platform has higher commissions for depositing funds by card or transfer. It is possible that in the future this will change, and that it will be even the same or very similar to deposit directly in gate.io with your card. So don’t rule out this option either. What you can find in Buy Crypto.

In this case, we will use binance, and we will send USDT (Tether), as it is the cryptocurrency used to buy Toncoin. If you deposit directly in gate.io, we recommend you to buy USDT, as it is the cryptocurrency that allows you to buy any other cryptocurrency within gate.io.

In our case, we already have USDT in the binance balance, but you can find a guide in our blog. With usdt, we will go to wallet, fiat and spot and click withdraw on USDT.

Now. the next step is to go to gate.io, and go to deposit. Here, we will have to click on tron/TRC-20 network, as it has the lowest commissions and only costs a dollar or less commission. We copy the address and go back to binance to paste it.

Once in binance, we must indicate the address, the same network, tron (trc-20) and the amount to withdraw the USDT. We confirm with our email and mobile, and that’s it. Remember that you must indicate the trc-20 network to avoid problems when sending your funds.

Now, you just have to wait for the USDT to arrive in your Gate.io balance. It usually takes a few minutes until they are available and ready to use. Once they arrive, go to wallet and spot account, search for USDT and click on trade.

You will see the panel to buy and sell cryptocurrencies. Here, search for TON, and you will see the Toncoin/usdt pair appear.

We will go down and indicate the amount we want to buy Toncoin. Here, if you want to use all your usdt, just click on the number above and it will place the total. At the top in Price you will see the current price of the cryptocurrency. You can also indicate the last price 1%, 3% or plus 5%. I recommend you to indicate the last price 1% so that the purchase is made instantly as you can see below. Otherwise, at the current price it may take some time to complete the purchase.

Once you have indicated the amount you want to buy, just click on the buy button and enter the trade password to execute the purchase.

In this simple way, you will already have Toncoin in your balance if you follow the steps we have seen.

To check it, it is as easy as going back to your wallet and spot account to see the amount you have. So simple, in a few minutes you will have Toncoin in your balance.

Once you want to sell it, just go back to the same panel above, but this time we will go to the red sell part. Indicate the amount you want to sell, and click on Sell. This way, you will have USDT again and you can send it to Binance to withdraw it to your bank account.

Toncoin (TON) price

what is Toncoin?

The Open Network

The Open Network (TON) is a decentralized, open Internet platform made up of several components. These include: TON Blockchain, TON DNS, TON Storage and TON Sites. TON Blockchain is the core protocol that connects the underlying TON infrastructure to form the larger TON Ecosystem.

TON focuses on achieving broad cross-chain interoperability while operating in a highly scalable secure framework. TON is designed to process millions of transactions per second (TPS), with the goal of reaching hundreds of millions of users in the future.

TON Blockchain is designed as a distributed supercomputer, or “superserver,” intended to provide a variety of products and services to contribute to the development of the decentralized vision of the new Internet.

The cryptocurrency

is at the heart of TON

Toncoin is TON’s native cryptocurrency. It is used for network operations, transactions, games or collectibles built on TON.

Unlocking freedom with decentralized finance

Nominator groups

Use Toncoin to contribute to network security.

Buy and trade

Exchange coins on decentralized exchanges.

Cross-chain transfers

Transfer your Ethereum tokens to TON.

Accept payments effortlessly

You can accept Toncoin worldwide, directly and with low fees.

Developer Center

Quick start and deepen your development in TON.

Accelerate your growth

Support commercial projects at all stages.

TON grants and rewards

Support for core ecosystem projects.