TONCOIN has finally been listed on the largest cryptocurrency exchange Binance today at 10 UTC. As the announcement spread across the internet, TonCoin surged by 14%. This is one of the most awaited listings. This will bring huge trading volume to Binance and give the asset a new look.
Binance Announcement
Binance posted this on their official X handle 4 hours before listing TonCoin. This created a huge buzz in the crypto community. Crypto enthusiasts welcomed and appreciated the listing. This is the second big news for this cryptocurrency, following the partnership with Trust Wallet about 10 days ago.
List
Binance listed TonCoin at UTC 10. Now only deposits are available, withdrawals will be available tomorrow. Users can deposit a minimum of 0.00000001 Ton. Deposits are only available through the Ton network, and users must enter Tonmemo. Users must use “Tonmemo” when depositing Ton to their Binance wallet.
Ton is listed in BTC, USDT, FDUSD, TRY pairs for spot trading, and only in USDT pair for perpetual futures trading.
Immediately after the listing was announced, Ton witnessed a huge surge in accumulation. The trading volume increased by 230% and the market cap increased by 15.32%. The asset was trading at around $2 in February and is now at $6.19.
What to expect
According to experts, TonCoin is on its way to becoming a huge cryptocurrency. It is already ranked 8th on coinmarketcap and after being listed on Binance, more and more cryptocurrency exchanges will want to list Ton. Ton is currently available to 10 million active users on Binance. All the hard work of the Ton team is paying off and soon this token will be worth over $10.