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Revolut has recently integrated Toncoin (TON) into its repertoire of accessible crypto, extending access to users in the United Kingdom and the European Union, with plans for global expansion in sight.
Let’s see all the details below.
Summary
Introduction of Toncoin (TON) on Revolut: amplification of the crypto market
As anticipated, Revolut has recently announced the integration of Toncoin (TON), the crypto linked to Telegram, into its ecosystem.
This move has sparked considerable interest in the TON community, as it offers a new channel to buy and sell Toncoin (TON) directly through the popular fintech platform.
With a base of over 45 million users, Revolut represents one of the main platforms for access to cryptocurrencies for the general public.
The integration of TON significantly amplifies the visibility of the cryptocurrency, opening new adoption opportunities even among those who have never considered investing in cryptocurrencies before now.
At the moment, access to TON via Revolut is limited to the United Kingdom and the countries of the European Union. However, Revolut has already planned to extend this service to other key regions such as Australia, Brazil, New Zealand, and Singapore.
This means that the TON user network could continue to grow significantly on a global level in the coming months.
The legal disputes in the case of Pavel Durov
The decision of Revolut to integrate TON comes at a crucial moment, considering the recent legal controversies that have involved Telegram and its founder Pavel Durov.
While France has initiated investigations into Telegram, Revolut has taken a bold step in recognizing the potential of TON as a cryptocurrency with close ties to a well-established global communication platform.
The integration of TON on Revolut also raises questions regarding public perception and the legal implications behind the ongoing controversies.
However, the fact that Revolut has chosen to embrace TON suggests that the markets continue to positively assess the potential and intrinsic value of the cryptocurrency.
For those who are interested in purchasing TON via Revolut, the user interface of the app is designed to be extremely user-friendly. Simply navigate to the Crypto section of the Revolut app, where it is possible to buy and sell TON with a few clicks.
This makes access to cryptocurrencies easier than ever, even for those who are new to the world of digital finance.
Looking to the future, the integration of TON on Revolut could have a significant impact on the market and the adoption of this cryptocurrency.
With the expected expansion into new markets, TON could gain an even larger and more diverse user base. Potentially leading to an increase in the value and global relevance of the cryptocurrency in the digital financial landscape.
The rise of TON: a growing ecosystem and the push of P2P transactions
According to the data from CryptoQuant, the value of TON has surpassed 729 million USDT just four months after its integration with Telegram, demonstrating a significant acceleration.
The analysts predict that TON will continue to grow rapidly within the cryptocurrency landscape, thanks to the low transaction fees and the growing acceptance on decentralized exchange platforms (DEX) and peer-to-peer (P2P) operations.
L’Open Network (TON) è una rete decentralizzata composta da vari elementi, come TON Blockchain, TON DNS, TON Storage e TON Sites.
The heart of the system is the TON Blockchain, which serves as the main protocol, integrating the infrastructure to build a broad and interconnected ecosystem.
The platform is designed to support extensive interoperability between different blockchains, maintaining high standards of security and scalability.
A key aspect of the adoption of TON is its support for USDT (Tether) transactions, especially in the context of P2P operations.
Transactions with USDT on TON are particularly suitable for rapid adoption, partly thanks to the extremely low transfer fees, which average around four cents per transaction.
This makes it ideal for daily micro-transactions, with amounts ranging from $15 to $100, common in retail sales.
The TON ecosystem develops through the interaction between decentralized exchanges, such as Ston.Fi, and wallet services like XRocket and CryptoBot, which facilitate P2P transactions.
The constant growth of these services reflects the increase in the adoption of TON for value transactions, suggesting that the future of the network will be even more integrated into the global cryptocurrency market.