Understanding TON
What is The Open Network?
The Open Network (TON) was initially created by Telegram before transitioning into a community-led project. Designed for efficiency and scalability, TON offers near-instant transaction processing, making it an ideal blockchain for payments, smart contracts, and decentralized applications (DApps).
A key feature of TON is its integration with Telegram, allowing users to send crypto within the app seamlessly. The blockchain’s architecture includes sharding, which enhances scalability by distributing workload across multiple chains.
TON has seen growing adoption, especially in Telegram’s vast user base. With ongoing development and support, it continues to position itself as a leading blockchain for fast, user-friendly transactions and applications.
In Australia
How to buy The Open Network in Australia
- 1
Create your Wayex account
Sign up in minutes on iOS, Android or the web.
- 2
Verify your identity
Australian residents aged 18 and over verify once, in-app.
- 3
Deposit AUD with PayID or NPP
Fund your account instantly, with no deposit fee.
- 4
Buy The Open Network (TON)
Buy TON at live AUD market prices, then hold it or spend it with the Wayex Card.
The Open Network FAQs
- Can I buy The Open Network in Australia?
- Yes. You can buy The Open Network (TON) in Australian dollars with the Wayex app. Wayex is an Australian, AUSTRAC-registered platform that has operated since 2018.
- How do I pay for The Open Network?
- Fund your Wayex account in AUD with PayID or NPP, both free, then buy TON instantly. There is no surcharge on AUD deposits.
- What fees does Wayex charge to buy The Open Network?
- Wayex charges 1% on any crypto buy, sell or spend. AUD deposits and withdrawals via PayID or NPP are free, and there is no annual account fee.
- Can I spend The Open Network with the Wayex Card?
- Yes. Once you hold TON in the Wayex app you can spend from your balance with the Wayex Crypto Visa Card anywhere Visa is accepted, online or in store.
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Access a World of Crypto.You’re Closer Than You Think!
- 01
Download the app
Available on iOS and Android. Sign up in minutes with your email.
- 02
Get verified, instantly.
Fast KYC with your Australian ID. Most accounts verify in minutes.
Learn how - 03
Buy, Sell and Spend!
Trade AUD into 90+ crypto assets, and spend anywhere Visa is accepted.