Why buy Toncoin with Kraken?

About Toncoin

What can you do with Toncoin?

Swap Toncoin for other assets

Learn more about Toncoin

1. How does Toncoin work?

   Unlike traditional currencies, Toncoin is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining Toncoin. This decentralization means the holders and users of Toncoin can help to maintain the network.

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2. Where can I buy Toncoin?

   Most find that the easiest and most secure way to purchase Toncoin is through a reliable cryptocurrency platform like Kraken. While Toncoin can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Toncoin.

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3. How much does 1 Toncoin cost?

   At the current market rate, it costs $4.67 to purchase one TON. Kraken makes it easy to buy & sell Toncoin with confidence.

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4. Can I buy $100 worth of Toncoin?

   Yes, Kraken offers a secure and easy to buy $100 worth of Toncoin. At its current price, $100 equals 21.41 TON.

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5. Is it safe to buy Toncoin?

   Kraken employs advanced security measures, including encryption and account protection, to ensure your Toncoin purchase is secure. However, while Kraken provides a secure platform, market volatility can still affect your Toncoin investment. You should do your own research on Toncoin price before buying.

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6. Is Toncoin available to buy and sell in my country?
   

   
   To find out if Kraken offers Toncoin in your region, please check our Support article to see what cryptoassets are available in your country.
   

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7. Is Toncoin a good investment?

   The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, Toncoin may be a worthwhile purchase.

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8. Can I purchase Toncoin using my local currency?
   

   Kraken supports six different government-issued fiat currencies including:
   

   • US dollars (USD)
   • Euros (EUR)
   • Canadian dollars (CAD)
   • Pounds sterling (GBP)
   • Swiss franc (CHF)
   • Australian dollar (AUD)

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9. How much is Toncoin transaction fee?

   Kraken offers competitive fees for Toncoin transactions, which are influenced by the trading amount and payment type. Learn more about Kraken’s fee structure.

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10. What is the minimum amount of Toncoin I can buy?

    
    You can buy as little as $10 worth of Toncoin on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of Toncoin regularly.
    

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11. How to buy Toncoin with PayPal?

    To buy Toncoin with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like Toncoin, select PayPal as the method and connect your PayPal account if needed. Enter the deposit amount, confirm, and once funds are added, use them to purchase Toncoin.

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12. How to buy Toncoin with a debit card?

    You can buy Toncoin using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.

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13. How to buy Toncoin with a credit card?

    To buy Toncoin using a credit card, navigate to the "Buy Crypto" section, add your card details and follow the steps to finalize the transaction. Debit & credit card purchases are available to Kraken users with Intermediate or Pro level verified accounts and residence in a supported country. Kraken accepts Visa or Mastercard that support 3D Secure (3DS) which is in the same legal name as your Kraken account.

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14. How to buy Toncoin with other cryptocurrencies?

    Kraken makes it easy to buy Toncoin using other cryptocurrencies. If the direct trading pair is not available, you can use Kraken's Convert feature to seamlessly swap any listed crypto for Toncoin. Browse the Toncoin markets available on Kraken or use the Convert tool to trade between hundreds of cryptocurrencies quickly and easily. For a complete list of trading pairs, visit the Kraken support center.

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15. Can I transfer Toncoin from Kraken to my crypto wallet?

    Yes, the Toncoin you buy on Kraken is yours. Kraken makes it easy to withdraw your Toncoin to any hot wallet or cold wallet that supports Toncoin. Simply enter the external wallet address and your Toncoin will be in your wallet a few moments later.

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16. Is it safe to keep Toncoin on Kraken?

    We take every measure possible to keep the Toncoin you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your Toncoin. Learn more about our globally-recognized security standards.

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17. What is the current circulating supply of Toncoin?

    The current circulating supply of Toncoin is 2,489,167,515 TON.

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