Best Cryptocurrency Exchanges for Trading TON Ecosystem Coins

Gaming cryptocurrencies from the TON ecosystem have emerged as a major trend in 2024. The combined market capitalization of Notcoin, Catizen, DOGS, and Hamster Kombat approached $1.5 billion following their listings on cryptocurrency exchanges.
This influx of liquidity into the TON ecosystem likely heralds the arrival of new high-profile projects, each with its own tokens, which will eventually be listed on major cryptocurrency exchanges. For those looking to capitalize on the next wave of interest in TON-based coins, selecting the right exchange is crucial.

OKX

OKX has been at the forefront of integrating TON-based innovations since it became the first exchange to launch spot trading for TON in November 2021. It was also the first to support the TON-based stablecoin, USDT, in April 2024. Given its ongoing partnerships with the TON Foundation, which include promotional campaigns and educational quests, it’s likely that future TON innovations will debut on OKX.

OKX advantages:

• Frequently among the first to list new TON tokens
• Additional opportunities for token acquisition through Jumpstart’s staking and mining
• Simultaneous support for spot and futures trading of TON ecosystem tokens
• High liquidity: top three in futures trading volume and top five in spot trading
• Leveraged trading available, typically with modest leverage for new tokens
• Extensive trading tools including copy trading, bot trading, and AI and signal-based trading
• A reliable exchange with licenses in Singapore, Dubai, and other jurisdictions

The primary downside of OKX is the lack of Russian ruble support on its P2P market. However, the exchange has not introduced any other restrictions for users with Russian citizenship.

Bybit

Bybit is another major exchange known for its enthusiasm for TON and its tokens. Since the debut of Notcoin, Bybit has consistently listed popular game coins from the TON ecosystem from their first day of public trading. In partnership with the TON Foundation, Bybit offers a 7% cashback in Toncoin for every purchase made with Toncoin using the Bybit Card.

Bybit’s trading features are similar to those of OKX, including copy trading, bot trading, and a liquid spot and futures market with leverage options. It also features a P2P market that supports transactions in Russian rubles and a launchpad that often offers staking opportunities for new coins prior to their listing.

Binance

Binance is the largest exchange in many respects—by trading volume on the spot and futures markets and by user count. While it could be ranked first for trading TON tokens, its delay in announcing upcoming listings puts it behind OKX and Bybit in this respect.
This delay can significantly dampen the excitement around new listings.

Nevertheless, Binance matches other platforms in trading functionality, with high liquidity markets, additional trading tools, and a launchpad that features call auctions in anticipation of listings.

The main drawback is that Binance has officially exited the Russian market and does not serve users with Russian citizenship, except those living abroad who can prove their residency status.

STON.fi

STON.fi, a leading trading platform within the TON ecosystem, is worth mentioning despite its trading volumes being modest compared to major centralized exchanges. Often, new TON coins debut on STON.fi’s premarket before appearing on larger exchanges. This feature is advantageous for those eager to trade new tokens promptly.

An additional benefit of STON.fi is its integration within the TON ecosystem and the Telegram messenger. Users simply need to register a TON wallet, such as Wallet or Tonkeeper, connect it to STON.fi DEX, and maintain some TON for transaction fees. As a decentralized exchange, there is no need to fund a separate exchange account; all transactions are conducted through the user’s personal wallet.