TON coin issuance and listing trading platform at a glance

With an initial supply of 5 billion tokens, TON coin launched on May 27, 2023 and is now traded on Binance, Huobi, and OKX, with additional listings expected on FTX, Coinbase, and KuCoin.

Oct 01, 2024 at 11:23 pm

TON Coin Issuance and Listing Trading Platform Overview

1. Coin Issuance

Issuance Date: May 27, 2023
Total Coin Supply: 5,000,000,000 TON
Initial Distribution:
- 60% to Telegram team
- 40% distributed to public via auctions and private sales

2. Listing Trading Platform

Initial Listing: Binance, Huobi, OKX
Additional Listings:
- FTX
- Coinbase
- KuCoin
Trading Pairs: TON/USDT, TON/BTC

3. Trading Volume and Market Cap

As of June 1, 2023, TON coin's trading volume on Binance reached $2 billion within 24 hours.
The market capitalization of TON coin exceeded $10 billion.

4. Key Features of TON Coin

Built on a Proof-of-Stake blockchain
Supports smart contracts and decentralized applications
High scalability and transaction speed
Strong developer community

5. Usage Cases

Payment platform for Telegram services
Investment asset
Integration into decentralized finance (DeFi) protocols

Conclusion

TON coin's launch and listing on major trading platforms marks a significant milestone for Telegram and the cryptocurrency community. With its high scalability, strong developer support, and various use cases, TON coin has the potential to become a major player in the blockchain and cryptocurrency landscape.

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