Binance, one of the world's leading cryptocurrency exchanges, has announced the upcoming listing of TON (TON) token. The new trading pairs will go live on August 8, 2024, at 10:00 UTC, expanding market access for this community-driven blockchain project.
Key Trading Pairs
- TON/BTC
- TON/USDT
- TON/FDUSD
About TON Blockchain
Originally developed by Telegram founders Nikolai and Pavel Durov, TON (The Open Network) faced regulatory challenges from the SEC, leading to its discontinuation by Telegram. The project was later revived by community contributors and the TON Foundation, evolving into a decentralized platform focused on scalability and user-friendly applications.
FAQ Section
1. What is TON Coin?
TON Coin (TON) is the native cryptocurrency of The Open Network blockchain, designed for transactions, governance, and ecosystem incentives.
2. Why did Telegram abandon TON?
Telegram halted its involvement due to a 2020 SEC lawsuit alleging the token sale constituted an unregistered securities offering.
3. How is TON different now?
The current TON blockchain is maintained independently by the TON Foundation and community developers, emphasizing decentralization.
4. What are the deposit/withdrawal times for TON on Binance?
Deposits will open at 08:00 UTC on August 8, with withdrawals enabled after 10:00 UTC on August 9.
5. Will TON have a Seed Tag on Binance?
Yes, TON will carry a Seed Tag, indicating it as a higher-risk, innovative token per Binance’s monitoring policies.
6. Where can I learn more about TON’s technology?
👉 Explore TON’s official documentation for technical insights and roadmap details.
Regulatory Compliance Note
Cryptocurrency investments involve risks. This content is for informational purposes only and does not constitute financial advice. Users should comply with local regulations and exercise due diligence.