- The Open Network Foundation has partnered with Blockchain.com to enable retailers to buy, sell, and trade cryptocurrency worldwide.
- Over 800 million monthly active Telegram users will gain easy access to cryptocurrencies starting next month.
The Open Network Foundation (TON) is collaborating with Blockchain.com to offer the buying, selling, and trading of cryptocurrencies for retail and institutional investors. The non-profit Swiss organization, and Blockchain.com, one of the world’s most trusted and popular platforms, will give the over 800 million monthly active users on Telegram easy access to cryptocurrencies.
Starting November 2023, all Telegram users, exempting the United States, will be able to access their wallets directly from the default Telegram menu. This will give millions of users a seamless experience of owning cryptocurrencies such as Bitcoin, Ethereum, XRP, and Ton Coin. According to the announcement, trading these coins will be as easy as texting on the platform.
🔈 https://t.co/q47leblAFy lists Toncoin and collaborates with TON Foundation to make #crypto more accessible!
🎁 Limited-time offer: Buy $20 worth of $TON in your @blockchain Wallet and get $5 extra for free. Terms & conditions apply.
Details: https://t.co/zCCUfadrgO pic.twitter.com/Yyfeyx1Pbr
— TON 💎 (@ton_blockchain) October 18, 2023
In addition, Toncoin will also be available in Blockchain.com’s 90 million wallets across the globe to facilitate easy onboarding and off-ramping, with transaction pairs for GBP, USD, and EUR. To offset their collaboration, the two projects have unveiled a number of campaigns to encourage adoption. This includes a limited-time incentivized campaign for Blockchain.com users to receive an extra $5 USD of Toncoin when they buy $20 USD of Toncoin on the platform.
As recently reported by CNF, The Open Network Foundation has announced it will attempt to break the record as the world’s fastest blockchain. The Open Network (TON) is setting out to become the fastest blockchain in the world surpassing Ripple (XRP), Solana, ICP, and others. The TON Foundation has confirmed October 31, 2023, as the date to break this monumental record. This attempt will help demonstrate the reliability, scalability, and speed of The Open Network (TON) blockchain.
Toncoin has been one of the best performers in the last couple of days, adding nearly 6 percent in the last 7 days. Furthermore, in spite of losing nearly 60 percent of its value in the last two years, the digital asset’s dramatic rise in market cap during the same time has seen it climb to be the 12th largest digital asset. As investors look forward to the next bull market, a majority are confident that the coin will find its way to the coveted top ten positions. At the time of press, TON is trading for $2.08 after a 1.5 percent rise in the last 24 hours.