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How to Buy Toncoin?

Step-by-step guide on how to buy TON token, outlining the process on LCX Exchange for new users.

About Toncoin

Toncoin is TON’s native cryptocurrency. It is used for network operations, transactions, games or collectibles built on TON.

The principal cryptocurrency of the TON Blockchain, and in particular of its masterchain and basic workchain, is the TON Coin. It is used to make deposits required to become a validator; transaction fees, gas payments (i.e., smart-contract message processing fees) and persistent storage payments are also usually collected in TON coins.

Step-by-step

  1. Create a LCX account

Sign up or download LCX Mobile and start the sign-up process. You will need a valid ID and proof of address in order to transact, so be sure to have those ready. Verifying your ID may take longer than a few minutes, depending on where you live. Click here to get verified.

2. Deposit token

Click on “wallet” and then “Deposit”. Choose the “coin”, Choose the “provider” and deposit the token.

3. Start a trade

On exchange.lcx.com/, select trade and choose the TON pair that you want to trade. Select “buy” or sell,” enter the bid and amount you want to buy, and click buy TON.

4. Done

Once the order is processed, you will receive an order confirmation email. That’s it, you’ve bought TON.

Whitepaper
Trade $ton

Only registered users of the LCX platform are eligible to purchase the Tokens. The Issuer will not sell any Tokens where potential buyers are citizens or residents of restricted jurisdictions as determined by the Issuer. In particular, restricted jurisdictions are the United States of America and China, further, any US persons are prohibited from participating. 

The content on the page is provided by Toncoin team.

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