Toncoin is a strange cryptocurrency. It has a strong placement in the top twenty-five cryptocurrencies in terms of market cap, and yet it isn’t as widely accepted at crypto casinos as some of its counterparts in the same list. However, if you know where to look, you’ll find somewhere reputable to play – that’s where we come in.
Launched in 2018, Toncoin and its crypto token, TON, runs on the Telegram Open Network. Developed by the creators of the Telegram messaging service, this blockchain makes use of the same sorts of features you’ll find with other cryptos – anonymous transactions and independence from regulation by banks and financial institutions. However, the crypto also has a few hallmarks and perks which are worth considering.
There is a maximum capacity of 5 billion TON tokens, and it is estimated that around 3 billion of those are currently in circulation. Toncoin may not be as widely recognized as Bitcoin, Ethereum and other top-tier cryptocurrencies, but it processes payments faster than its counterparts. The crypto can be used to provide instant deposits at online casinos, which is faster than the fifteen minutes or so mainstream cryptos take to process the same transaction. Withdrawals are also on par with Bitcoin for the most part, although some cryptocurrency casinos can process TON cashouts far faster than that. Generally speaking, the TON network has a five-second block time and six-second transaction finality speed.
The security you get with Toncoin is also very notable. It requires no personal information to process transactions and can be used to execute transactions over Telegram. Unlike BTC and ETH, there is no way to view wallet addresses. However, it’s worth noting that there are less than 400 validators located worldwide – that’s not that many. We’ll talk more about the advantages and disadvantages of using Toncoin soon enough, but first, let’s discuss the casinos supporting this crypto option.
A Ton casino is, of course, any online casino that accepts Toncoin. Admittedly, there aren’t as many of these around as you’d expect to see with, say, BTC, ETH, LTC, DOGE, and USDT. However, if you stick to the casinos recommended on this page, you’ll find safe and trusted sites to play at.
Toncoin casinos have been known to offer a few bespoke bonuses when you choose to deposit with this cryptocurrency. However, these are most common at sites that specialize in offering TON gameplay. These bonuses are rarer at sites that also accept a plethora of other options. Toncoin casinos may be licensed or unlicensed, and your ability to wager on games with TON depends on where you play.
Ordinarily, you’re going to find it tough to bet on games using Toncoin. Most crypto casinos that support the payment option don’t have games where you can actively wager using TON. Instead, your deposit will likely be converted into another option, such as a FIAT currency or USDT, for gameplay purposes. However, that isn’t to say that you won’t find a handful of games at our trusted sites.
Mostly, these are limited to crypto-specialized games such as Crash, basic table games, number-betting options, and, if you’re lucky, a handful of top-rated slots. It’s a challenge to find live casino games supporting this option.
There are benefits to using Toncoin at online casinos; we’ve detailed those for you below. They include:
If you’re a mobile user and want to travel, you may wish to consider TON eSim. eSims can be bought through the Telegram app and set up to install a SIM card for any country you happen to be in. This way, you can stay connected to your favorite casinos and access the Telegram Open Network to process deposits and withdrawals while you travel.
Because it is integrated with the Telegram messaging service, TON is ideal for these users. If you (and another user) both have Telegram and a TON wallet, you can process Toncoin payments back and forth without charges.
No crypto is perfect, and TON also has disadvantages. These include the following things:
Toncoin is unquestionably handy for crypto casino players with Telegram. However, if you aren’t a Telegram user, its advantages drop off. Similarly, there isn’t a great wealth of markets and casinos currently supporting TON – at least not compared to Bitcoin and Ethereum. That’s something you may wish to consider.
TON was involved in a bit of controversy in its earlier years. The SEC intervened, then fined the group, and shut down the project, which was then known as GRAM. The SEC stated that Telegram had to inform them if they launched a crypto. Because the current crypto was launched by TON Labs (not Telegram), this technically breached the SEC mandate demanding that Telegram seek their permission. That has rubbed some crypto enthusiasts the wrong way, and until this is rectified, the sketchiness around the issue could still plague Toncoin.
If you decide to sign up and play at Toncoin casinos, where do you begin? Here are five top things to consider before joining any site online:
Let’s make things simpler for you by featuring some of our recommended Toncoin crypto casinos right here. Each passes our quality control test and should make for the ideal place for you to sign up and play with TON today. They include:
Toncoin isn’t as widely available at exchanges as mainstream cryptos. However, you can still find it if you stick to the bigger exchanges or go down the difficult route of mining. Here’s how you can purchase Toncoin today.
Toncoin is a mid-ranking cryptocurrency when one considers its benefits, downsides, general availability, and suitability for online casino gameplay. However, if you fancy breaking away from the conventional cryptos and using something different, then TON is a recommended cryptocurrency. Any of the sites featured above should suit you well if you want to get started as a new Toncoin casino player today.
No. While it is gaining popularity, especially with Telegram users, Toncoin remains a mid-ranking crypto at casino sites and sportsbooks.
We didn’t see any instances where this was possible. However, the crypto gambling world moves fast, so this could change.
There aren’t many out there, but there are certainly instances where TON casino bonuses have been offered to members.
We’d say so. While there is a bit of controversy attached to Toncoin’s early history, we haven’t seen anything that makes it unsafe to use.
They should be. TON deposits shouldn’t have any fees, assuming both you and the casino have TON wallets and use the Telegram-based network. Withdrawal fees can vary from zero to low fees, depending on the site you choose.