Bitget Wallet is Fully Integrated with TON Main Network
2024-07-30Bittime - In a significant move for both platforms, Bitget Wallet has become one of the first major wallet providers to integrate The Open Network (TON), the blockchain powered by Telegram.
This integration brings various benefits to TON users, expanding their trading options and simplifying access to the TON ecosystem. Check out the news below!
Improved Toncoin (TON) Trading
Bitget Wallet users can now access native TON assets directly and easily trade Toncoin (TON). This functionality goes beyond the TON blockchain itself, allowing users to utilize cross-chain trading venues and fiat corridors such as Banxa to purchase TON with traditional currencies.
What's more, Bitget Wallet offers users at least nine additional channels to convert fiat currencies such as USD into TON.
Rising Adoption Supported by TON Activities
The TON integration proved to be a strategic move for Bitget Wallet. The Open Network's mainnet has become the network with the most transactions on the platform, surpassing major players such as Arbitrum, Base, BNB Chain, and Polygon.
This surge in activity isn't just limited to volume; Daily on-chain activity on the TON mainnet has surged more than 25-fold this month, driving increased Bitget Wallet adoption across regions, including Africa, Europe, and Southeast Asia.
Roadmap for TON Support
Bitget Wallet's commitment to TON goes beyond basic integration. The company's COO, Alvin Kan, has detailed a roadmap for ongoing support. These include:
- Smart Market Support for TON Mainnet Token: Allows users to utilize automated trading strategies and potentially discover new investment opportunities.
- Token Trading Without Gas Fees: Eliminates gas fees associated with TON transactions, making trading more cost-effective and accessible for users.
- Choice of Decentralized Applications (DApps): Integrating a selection of the best decentralized applications built on the TON network, providing one stop for interacting with the TON ecosystem.
This roadmap shows Bitget Wallet's dedication to optimizing services and improving user experience in the TON ecosystem.
The emergence of TON and its impact
The Open Network on Telegram has gained significant traction recently. The popularity of mini-games such as Notcoin (NOT) and Hamster Kombat has contributed to this growth. Additionally, the announcement of a trustless Bitcoin (BTC) bridge by the TON Foundation further increased the enthusiasm around TON.
The bridge aims to facilitate the seamless transfer of value between the world's largest blockchain network, Bitcoin, and the fast-growing TON ecosystem.
Conclusion
Bitget Wallet's move positions it as a key player in the growing TON landscape. By offering enhanced trading options, simplified access to TON, and a roadmap for future integrations, Bitget Wallet is poised to attract a growing number of TON fans.
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