How to Buy TON Easily and Securely
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Fae Jolaoso
October, 22 2024
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With its fast transaction times, low fees, and growing ecosystem, TON is fast becoming a popular choice for Africans seeking to expand their portfolio. With Yellow Card, you can easily buy, sell, send, receive and hodl TON Coin with confidence.
Africans are increasingly turning to digital assets as a way to secure their savings and explore new investment opportunities. TON Coin, known for its fast, low-cost transactions, is becoming a popular choice for those seeking an efficient and affordable way to manage digital assets. Whether you're looking to make everyday payments, diversify your portfolio or explore new investment opportunities, TON’s speed and scalability make it a strong contender for both experienced and new customers.
In this article, we will explore the advantages of TON and provide a step-by-step guide on how to buy it easily, instantly, and at the cheapest rate.
Why Buy TON?
TON Coin is a digital currency primarily used to make quick, low-cost payments. It powers The Open Network (TON), which supports several stablecoins like USDT and has several DeFI applications built on its system. TON offers several unique features, making it appealing to customers in Africa and globally. Here’s why people across Africa are buying TON:
Fast and Scalable: TON Coin operates on a blockchain system that allows it to process a high volume of transactions quickly. This makes it a reliable option for customers who need fast payments or frequent transactions, as it eliminates the waiting time.
Low Fees: One of TON Coin's key benefits is its low transaction fees, making it perfect for microtransactions or everyday use. Whether you are sending small payments or handling larger amounts, TON’s low fees ensure you save costs on transfers and retain the value of your money.
Cross-Border Remittances: Sending money across borders can be expensive, but TON Coin offers a faster and more affordable way to send funds internationally. This makes it a convenient choice for those needing to send money to friends or family in other countries.
Used in DeFi and Telegram Payments: TON Coin is gaining use in DeFi (Decentralised Finance) and powers several decentralised applications (Dapps). It’s also integrated with Telegram, allowing customers to make micropayments directly within the app.
Where to Buy TON Safely
Yellow Card is the best place to buy TON across Africa as it lets you complete the transactions instantly and seamlessly. Here’s why it stands out:
- Robust Security: Yellow Card uses state-of-the-art security measures and enables features like two-factor authentication (2FA) to protect your funds and account.
- Instant Transactions: You can buy TON instantly and enjoy the best rates without delays from your mobile anywhere across Africa.
- Local Bank Support: Yellow Card allows you to fund your account using your local currency and supports several local payment methods, such as Momo and bank transfers, to make the process simple and accessible.
How to Buy TON on Yellow Card
Here’s how to buy TON easily on Yellow Card:
- Register and Verify your account: Sign up for free on the Yellow Card App or website. You will need to provide simple information such as your name, email address, phone number, and recognised ID. The process is quick, and the verification is necessary to comply with regulatory standards and ensure you can quickly recover your account if you lose your device, ensuring the safety of your assets.
Once you complete your verification, you will enjoy tier benefits like high trading limits and the opportunity to participate in Yellow card trading competitions and giveaways. How to get verified for tier 1
- Fund your wallet with your local currency.
- Click on the deposit button on your dashboard and Select the payment method in your country (MoMo, instant deposit or Bank transfer);
- Enter the amount you wish to deposit and confirm the deposit;
- The amount you funded will be reflected in your wallet once confirmed.
- Buy TON
- On your dashboard, click “Coin.”
- Select " TON" among the coins listed
- Click on Buy and enter the amount you wish to buy
- Confirm your order.
And voila! Your TON will reflect in your wallet instantly.
How To Sell TON And Withdraw Your Fund In Your Local Currency
Here’s how to sell TON and withdraw your funds seamlessly on Yellow Card.
- Sign in on your Yellow Card account.
- Click on “Wallet” on your dashboard and select “TON.”
- Select “Sell” on your dashboard and enter the amount you wish to sell
- Click Review and confirm. That’s all! You have successfully sold your TON to Yellow Card.
To Withdraw:
- On your dashboard, click on “Withdraw.”
- Enter the amount you wish to withdraw and confirm the transaction.
- Your funds would be withdrawn directly to your bank account or via Momo.
How Much is TON Now?
The price of TON Coin fluctuates based on market conditions. Before making a purchase or sale, you can always check the Yellow Card app or website for real-time pricing.
With its fast transaction times, low fees, and growing ecosystem, TON is fast becoming a popular choice for Africans seeking to expand their portfolio. With Yellow Card, you can easily buy, sell, and store TON Coin with confidence.
Get started today and enjoy a secure, seamless TON trading experience.
Disclaimer: This article is for information purposes only and should not be construed as legal, tax, investment or financial advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement or offer by Yellow Card to buy or sell any digital asset. There is risk involved in investing or transacting in digital assets, please seek professional advice if you require one. We do not assume any responsibility or liability for any loss or damage you may incur dealing with digital assets. For more information on Digital Asset Risk Disclosure please see - Risk Disclosure.