Skip to content

Buy Toncoin (TON)

TON

24H Change
24H Volume
Global Rank
#18
Market Cap

Toncoin Price

Swyftx loading circle

About Toncoin (TON)

The Open Network (TON) is a decentralized protocol originally created by the team behind Telegram, the popular messaging platform. The blockchain operates using a Proof of Stake consensus mechanism, meaning users can stake the network’s native tokens and earn rewards. After facing regulatory issues in 2020, Telegram had to sell the network and repay early investors. Now, The Open Network is leveraged by independent developers to build various cryptocurrency projects.

Despite regulatory challenges, The Open Network and Telegram are still linked. TON’s blockchain allows Telegram users to seamlessly access, transfer and receive Toncoin via the platform, using the integrated TON Space wallet. Toncoin’s protocol is also heavily featured across Telegram’s minigames, where play-to-earn apps have become increasingly popular. 

How to Buy Toncoin (TON) in Australia

  1. Signup for free
  2. Verify your account
  3. Deposit AUD instantly
  4. Buy TON

Try our risk free demo mode

Get started

Toncoin FAQs

  • Toncoin FAQs
  • Swyftx FAQs

How do I buy Toncoin in Australia?

You can buy Toncoin (TON) on the Swyftx Crypto Exchange in Australia. First, you’ll need to sign up by providing your name, email address and phone number. To activate your account, verify your email address, phone number and identity. This step can usually be completed in a few minutes.

Once your account has been verified, you can deposit funds into your account via one of the following payment methods: bank transfer (or Osko), PayID, debit card or cryptocurrency. Deposit times may vary depending on which option you choose, however, most deposits are received instantly. Once the deposit is received, you can begin buying TON.

Where can I store Toncoin?

When you buy TON on our trading platform, it will be automatically stored in your account’s integrated crypto wallet. A crypto wallet is required for sending, receiving and storing your digital assets. If you would like to withdraw your assets and send them to an external wallet (like a hardware wallet), you can do so via the withdraw tab in your Swyftx trading app.

Where is the best place to buy Toncoin?

The best place to buy Toncoin is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Toncoin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be one of Australia's highest-rated crypto exchanges as per our TrustPilot reviews.

How is the price of Toncoin determined?

The price of Toncoin is determined by the forces of supply and demand in the market. Similar to other assets, the price of Toncoin is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Toncoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Toncoin with credit card?

Swyftx does not allow you to directly buy Toncoin with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Toncoin instantly.

Top Traded Assets on Swyftx

By number of orders

...
...
0.0% Buy
...
...
0.0% Buy
...
...
0.0% Buy
...
...
0.0% Buy
...
...
0.0% Buy

Period: Last 24 hours (AUD)

TON Buys and Sells

By number of orders

57% Buy
57%
Buys
43%
Sells

Period: Last 24 hours

This should not be used to make investment decisions.

Disclaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.