Bitfinex to List Toncoin (TON), Native Token of The Open Network - Bitfinex blog
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Bitfinex to List Toncoin (TON), Native Token of The Open Network

ROAD TOWN, British Virgin Islands – March 23, 2023 – Bitfinex (www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will be listing Toncoin (TON), the native token of The Open Network, which aims to unite different blockchains and the Web2 Internet into one open network.

The TON ecosystem includes a decentralised exchange and staking tools, along with domain names and multifunctional wallets. It is designed to allow for billions of quick, inexpensive, and energy-efficient transactions.

TON can be used to participate in governance of the network to pay transaction processing fees, facilitate cross-chain transactions and as the native currency for services provided by apps in the network’s ecosystem. TON is also available to purchase and send on Telegram, allowing users to send and receive TON through peer-to-peer transactions. TON has a total supply of ~$5.08 billion and a market cap of ~$3.2 billion.

“The Open Network is one of the most exciting blockchains in the Web3 space today. The fact that it was originally founded by the creators of Telegram, and then was carried on and developed by community members, is extremely impressive and very much in line with our vision of community led innovation,,” said Henry Child, Head of Tokens at Bitfinex. “We are thrilled to introduce their native token, TON, to Bitfinex’s growing customer base.”

TON has been run as an open-source community project since 2020 with Web3 builders and community members taking over its development and growth.

Bitfinex will open deposits for TON on April 5, 2023 at approximately 10am UTC. Trading of TON will commence on April 7, 2023 at approximately 10am UTC, in trading pairs against the US Dollar (USD) and Tether tokens (USDt)

To obtain access to TON on Bitfinex, customers can visit https://www.bitfinex.com/.

*All users of www.bitfinex.com are subject to Bitfinex’s terms of service (“TOS”). Please note that U.S. persons (as defined in the TOS), among other prohibited persons (as defined in the TOS), are strictly prohibited from directly or indirectly holding, owning or operating an Account (as defined in the TOS) on www.bitfinex.com. 

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About Bitfinex

Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.

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