Toncoin (TON), the native cryptocurrency of the Open Network (TON) blockchain, is now available for trading on the Revolut platform. This move expands the options for Revolut’s 45 million customers, allowing them to trade and manage Toncoin within the platform, initially available for UK and EU users. Soon, retail users from Australia, New Zealand, Brazil, and Singapore, as well as business users in the UK and the EEA, will also have access to TON trading.
Expanding Revolut’s Adds Toncoin (TON) to Its Cryptocurrency
Revolut’s decision to list Toncoin (TON) is part of its ongoing efforts to offer a broad range of cryptocurrency services. Built on a highly scalable blockchain infrastructure, Toncoin offers users fast and low-cost transactions, making it an attractive option for both retail and business customers seeking to diversify their crypto portfolios.
Here’s how users can find and trade TON in the Revolut app:
- Go to the “Crypto” tab in the app.
- Tap on “Trade.”
- Use the search bar or scroll to find “TON.”
- Users can view more details on the TON page, manage trades, and place orders.
Benefits of Trading Toncoin on Revolut
Trading Toncoin on Revolut provides users with several advantages:
- Wide Accessibility: Available in multiple countries, including upcoming access in Brazil, Australia, New Zealand, and Singapore.
- Simple Interface: The user-friendly app interface simplifies crypto trading for all experience levels.
- Regulatory Compliance: Revolut ensures full regulatory compliance, making it a secure platform for cryptocurrency trading.
Toncoin’s Growing Role in the Crypto Market
Toncoin has recently seen a surge in adoption, partly driven by its integration with Telegram’s Web3 ecosystem. Telegram, a widely used messaging platform, supports Toncoin for decentralized applications and payments, making it a pivotal currency for users engaged in Web3 services. The TON blockchain’s sharding technology enables rapid scaling, supporting near-instant transactions at low fees and enhancing its appeal to institutional and retail investors.
| Feature | Specification |
|---|---|
| Transaction Speed | Near-instant |
| Blockchain Type | Sharding (Multi-level) |
| Circulating Supply | 3.47 Billion |
Toncoin’s growing ecosystem includes services like TON Proxy, TON DNS, and TON Storage, offering decentralized solutions to common internet challenges.
What the Future Holds for Toncoin and Revolut Users
With the listing of Toncoin, Revolut users can expect more developments in the coming months, particularly as the platform expands its cryptocurrency offerings. For both new and experienced traders, the availability of TON on Revolut represents an opportunity to tap into a rapidly evolving cryptocurrency landscape.
- New Market Expansion: More countries will gain access to Toncoin trading, increasing liquidity.
- Integration with Web3: As TON grows in the Web3 ecosystem, Revolut users will benefit from its enhanced use cases, including payments within the Telegram app.
Revolut’s listing of Toncoin is a strategic move that caters to the growing demand for innovative cryptocurrencies. By providing its users with easy access to TON, Revolut expands its crypto offerings and positions itself as a key player in the global fintech space. As more regions gain access to TON and its increasing role in the Web3 space, Toncoin will likely become a popular choice for users worldwide.