Binance, the leading crypto exchange globally, has added Toncoin (TON) to its platform. Trading is scheduled to commence on August 8, 2024, offering four trading pairs: TON/BTC, TON/USDT, TON/FDUSD, and TON/TRY.
Binance has assigned a seed tag to the TON listing, indicating its first phases of development. Users are advised to perform comprehensive research prior to participating in trades conducted outside the platform to prevent fraud and guarantee the security of funds.
TON deposits are currently available, and withdrawals will be authorized 24 hours following the start of trading. The listing fee for TON, denominated in its native crypto BNB, is set at 0.
The native crypto of the Open Network (TON) blockchain is TON. The blockchain has experienced substantial growth, with its total value locked (TVL) exceeding $160 million.
The inclusion of this listing comes after Binance introduced TON futures trading on March 1, which signifies an increasing level of interest and demand for the cryptocurrency.
Integrating TON into Binance’s spot trading platform is expected to enhance its accessibility and liquidity, catering to a broader spectrum of traders and investors.