Active users of the Telegram network simply need to have Toncoin (TON) to participate in various projects and make direct transfers without using third-party software. The cryptocurrency has also gained popularity among investors and freelancers. The former can buy Toncoin (TON) for US dollars (USD) and over time earn on the growth in value as the ecosystem develops. In terms of capitalization, the coin is among the top ten leaders, which makes it promising for long-term investments. In turn, self-employed specialists (including bloggers) can use this asset to receive and send payments and donations without unnecessary fees and limits. The speed, profitability and security of transferring fiat money to Toncoin directly depend on the choice of an exchanger. Read how not to make a mistake with your choice and what to do to complete a transaction.
Distinctive features of a reliable service and search parameters
To exchange Toncoin without risks, you need a proven exchanger that is convenient, secure and has favorable conditions. When searching, make sure that:
- commission calculation is transparent;
- the portal has a good reputation;
- no hidden payments;
- the company is legal and has been on the market for a long time;
- there is a sufficient supply of TON;
- your bank cards are supported;
- no need to verify (this delays the process).
The most convenient way to find a service is by ratings, because you don’t need to rank and look for reviews yourself.
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How to proceed when buying Toncoin for US dollars: a step-by-step guide
Lack of experience in cryptocurrency transactions will not be an obstacle when using exchangers. The services have an extremely simple and clear interface that is easy to navigate. When you click on the link, you will see the current rate, an online exchange form, a section with questions and answers, a description of the platform’s advantages, a link to the user agreement, and a registration/authorization button. If you don’t want to create a profile, no problem – you can almost always buy TON for US dollars (USD) anonymously. The main stages of the process:
- Installing the Tonkeeper software or using the official Telegram bot to create a wallet, the address of which will begin with UQ or EQ.
- Going to the website of the exchanger, which seemed the best in terms of the combination of characteristics.
- Studying the current rate – you must be sure that it is profitable to conduct the transaction now. In general, TON is not very susceptible to price fluctuations, but scandals associated with the Telegram messenger can affect the cost. You can avoid surprises when buying by choosing a portal with a fixed rate. That is, after confirming the transaction, even if the price of the asset changes, you receive the initially agreed number of coins to your account.
- Selecting the desired currencies in the Give and Take fields – US dollars and Toncoin.
- Indicating the number of coins you want to receive (the system will calculate how much fiat is required). Or USD, which need to be exchanged (then the number of coins will be automatically displayed).
- Entering the address of the e-wallet and bank card details. The exchanger may also ask you to enter a phone number.
- Checking the information, including the size of the commission. Make sure there are enough funds in the account. Additionally, the bank may charge fees for transfers.
- Confirmation of the transaction.
After verification in mobile banking or another way, US dollars will be sent, and the Toncoin cryptocurrency will arrive to the wallet in 5-30 minutes.
