Bitfinex to List Toncoin (TON), Native Token of The Open Network
ROAD TOWN, British Virgin Islands – March 23, 2023 – Bitfinex, a leading digital token trading platform, has announced its listing of Toncoin (TON), the native token of The Open Network. The Open Network aims to unite various blockchains and the Web2 Internet into a single open network. The TON ecosystem offers a decentralized exchange, staking tools, domain names, and multifunctional wallets, enabling quick, cost-effective, and energy-efficient transactions.
TON serves multiple purposes, including participating in network governance, paying transaction fees, facilitating cross-chain transactions, and serving as the native currency for services within the network's ecosystem. With a total supply of approximately $5.08 billion and a market cap of around $3.2 billion, TON can be purchased and sent on Telegram through peer-to-peer transactions.
Bitfinex recognizes The Open Network as an exciting blockchain in the Web3 space, founded by Telegram's creators and further developed by community members. Deposits for TON will open on April 5, 2023, while trading will commence on April 7, 2023, against the US Dollar (USD) and Tether tokens (USDt). Visit Bitfinex's website for more information and access to TON.