You can now buy Toncoin, which gained 7% in 24 hours: here’s where
Although out of the top 100 still, Toncoin shows great promise as an asset. Most price prediction services have positive expectations for it. If you are attracted to unique features and want to learn how and where to buy Toncoin, this guide is for you.
Top places to buy Toncoin now
As TONCOIN is such a new asset, it's yet to be listed on major exchanges. You can still purchase TONCOIN using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy TONCOIN right now, follow these steps:
1. Buy ETH on a regulated exchange or broker, like eToro ›
We suggest eToro because it's one of the world's leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It's also beginner-friendly, and has more payment methods available to users than any other available service.
2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask
You'll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the 1Inch DEX
Head to 1Inch, and 'connect' your wallet to it.
4. You can now swap your ETH for TONCOIN
Now that you're connected, you'll be able to swap for 100s of coins including TONCOIN.
What is Toncoin?
Toncoin bills itself as an ecosystem of the future, which will unite blockchains across the World Wide Web. This sounds like a very lofty goal. The creators of Toncoin claim it can process millions of transactions per second.
Among the capacities of its ecosystem are guaranteed anonymity, DNS, decentralized storage, and instant payments. With its expansion, it will move beyond a mere means of payment, which it currently is.
Holders will receive voting power to support or oppose changes in the parameters of the protocol. Validators can deposit stakes to validate transactions and generate new blocks and coins. Nodes will get rewards for processing transactions under the PoS consensus.
Validators will also be eligible for loans in exchange for a share of their reward.
Should I buy Toncoin today?
Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.
Toncoin price prediction
Wallet Investor predicts the price of Toncoin can go up from its current level of $3.7 to $10.5 in one year. The earning potential in one year thus comes to +185%. In 2027, 1 TONCOIN will be worth $41.5.
Toncoin on social media
They say Morgenstern recorded a track about TON 🥳💪🏻#Toncoin #cryptocurrency pic.twitter.com/BZty62IJEj
— rijndael1337 (@rijndael1337) January 12, 2022