When Did TON Coin Launch on Exchanges? TON Exchange Listing Timeline Explained

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The TON (The Open Network) coin began its journey onto major cryptocurrency exchanges around 2022, marking a pivotal moment in its growing adoption. Platforms such as OKX, Bybit, KuCoin, Gate.io, and CoinW were among the first to list TON, offering key trading pairs like TON/USDT and integrating robust trading systems with strong risk management protocols. This widespread listing significantly boosted accessibility for global investors seeking exposure to one of the most promising layer-1 blockchain ecosystems.

The introduction of TON on these platforms didn't just expand trading options—it signaled strong market confidence in the project’s long-term viability and technical foundation.

Major Exchanges That Listed TON Coin

1. OKX (formerly known as欧意)

OKX played a leading role in supporting the TON ecosystem early on, showcasing its strategic focus on innovative blockchain projects. In response to the migration from tonCOIN to TON, OKX provided a seamless 1:1 token swap for users, ensuring asset continuity and demonstrating a strong commitment to user protection.

The exchange officially launched TON trading with precise timing:

This rapid rollout met immediate demand and solidified OKX’s reputation for efficient listing processes. With support for over 280 cryptocurrencies and 480 trading pairs, OKX offers a diverse and secure environment for both novice and experienced traders.

Security remains a top priority—OKX employs 24/7 monitoring, cold wallet storage, and publishes monthly proof-of-reserves. As of late 2024, OKX had released 24 consecutive months of reserve snapshots, setting an industry benchmark for transparency.

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2. Bybit

Bybit is widely recognized for its strength in derivatives trading and has built a solid reputation for reliability and performance. When TON was listed, Bybit introduced the TON/USDT pair and implemented advanced risk controls to manage volatility.

Key features include:

With daily trading volumes exceeding billions of dollars, Bybit holds a dominant position in the derivatives space. However, while high leverage can amplify returns, it also increases risk—making it essential for traders to use proper risk management strategies.

Although the platform excels in functionality, some advanced tools may require a learning curve for beginners navigating complex order types or margin settings.

3. KuCoin

KuCoin has earned global recognition as a comprehensive digital asset exchange with a vast selection of tradable assets. It supports multiple TON trading pairs including TON/USDT and TON/BTC, giving users flexibility in how they access the market.

What sets KuCoin apart:

These features enhance user experience by simplifying entry into the crypto market. However, while convenience is improved through automation, users should remain cautious about potential security trade-offs when using simplified purchase methods.

Additionally, the sheer number of available trading options can be overwhelming for newcomers. Proper education and platform familiarization are recommended before engaging in active trading.

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4. Gate.io

Operated by Jinan Zhishu Information Technology Co., Ltd., Gate.io stands out for its low trading fees and broad range of digital assets. The exchange offers TON/USDT trading and provides detailed market analytics to help users make informed decisions.

Notable advantages:

Despite these strengths, some users report that the OTC process can feel cumbersome, potentially slowing down transactions. Additionally, Gate.io maintains a relatively conservative marketing approach, which may limit its growth compared to more aggressively promoted platforms.

Still, its cost-efficiency makes it attractive for frequent traders looking to minimize expenses over time.

5. CoinW

CoinW is an innovation-driven exchange focused on delivering cutting-edge trading solutions. It lists TON/USDT and offers real-time data including depth charts and order book insights.

Platform highlights:

While technological innovation enhances functionality, it can occasionally impact platform stability—especially during periods of high volatility. Also, while mainstream coins enjoy strong liquidity, less popular tokens may suffer from lower trading volume, affecting execution speed and price slippage.

Nonetheless, CoinW continues to grow in influence, with millions of users and rising daily trade volumes.

What Is TON Coin? A Brief Overview

TON (The Open Network) operates on a sophisticated multi-blockchain architecture consisting of a main chain, up to 232 workchains, and 260 shard chains. This design addresses two major challenges in blockchain technology: scalability and interoperability.

Tokenomics & Supply

TON functions as an inflationary token with a current annual inflation rate of approximately 0.6%, one of the lowest among major proof-of-stake networks. This controlled issuance supports long-term value retention and encourages holding behavior within the community.

Use Cases in the Ecosystem

TON tokens serve multiple critical roles:

Since its product launch in November 2021, TON has seen steady growth in usage and developer activity—driven by its integration with messaging platforms and growing ecosystem of Web3 applications.

Origins of the TON Project

Originally conceived in 2019 by Telegram founders Pavel and Nikolai Durov under the name Telegram Open Network, the project was halted due to regulatory pressure from the U.S. SEC. However, independent developers Anatoliy Makosov and Kirill Emelyanenko revived the initiative, rebranding it as The Open Network (TON).

Today, development is led by a decentralized group of over 40 contributors operating under the Open Network Foundation. This community-driven evolution has strengthened TON’s resilience and independence from any single corporate entity.

Frequently Asked Questions (FAQ)

Q: When did TON coin first go live on exchanges?
A: TON began listing on major exchanges in April 2022, with OKX launching spot trading on April 29, 2022.

Q: Which was the first major exchange to list TON?
A: OKX was among the earliest major platforms to support TON with full deposit, trading, and withdrawal capabilities.

Q: Is TON built on Proof-of-Work or Proof-of-Stake?
A: TON uses a Proof-of-Stake (PoS) consensus mechanism, despite early references to PoW-related designs.

Q: Can I stake TON tokens?
A: Yes, staking is supported through validators and liquidity pools, offering rewards tied to network participation.

Q: What are the main uses of TON coin?
A: TON is used for transaction fees, governance voting, earning staking rewards, and accessing decentralized services like storage and domain naming.

Q: Is TON associated with Telegram today?
A: While originally developed by Telegram’s team, TON is now independently operated by the Open Network Foundation with no official corporate ties.

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