TonCoin Listed on Binance ; Claims 8th Position on CoinMarketCap!

News

TONCOIN has finally been listed on the largest crypto exchange Binance today at UTC 10. With this announcement hitting the internet, TonCoin surged by 14%. This is one of the most awaited listings. This will bring huge volume for Binance and will serve the asset to new pairs of eyes.

Binance Announcement

Binance made this post from their official X handle just 4 hours before the listing of TonCoin. This caused a huge buzz in the crypto community. Crypto enthusiasts appreciated and welcomed this listing. This is the second big news for this crypto after its partnership with Trust wallet around 10 days ago.

Binance-toncoin-listing-announcement
Source : X

The Listing

At UTC 10, Binance listed TonCoin. As of now, only deposits are available and withdrawals will be open tomorrow. Users can deposit a minimun of 0.00000001 Ton. Deposits are only available via Ton network and require the users to enter Tonmemo. Users must use “Tonmemo” when depositing Ton to their Binance wallet.

Ton is listed in the pairs of BTC,USDT,FDUSD and TRY for spot trading and for Perpetual Futures, it is only available with the pair of USDT.

ton-pairs-on-binance
Source : Binance Marketplace

Right after the announcement of this listing, Ton witnessed a huge surge in accumulation. The trading volume has increased by 230% and its market cap is up by 15.32%. This asset was trading at around $2 in February and now it is at $6.19. 

Source : TradingView

What to Expect

According to experts, TonCoin is on the path to become a huge crypto. It has already claimed position 8 on coinmarketcap and after its listing on Binance, more and more crypto exchanges will try to enlist it. Ton is now available to a vast 10 Million active users of Binance. All the hard work of the Ton team is paying off and soon this token will cross the $10 mark.

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