TON Teleport BTC: Decentralized Bridge for Your Bitcoin 🚀
You thought BTC was just a hold? Forget it.
Now your bitcoins can work for you in the TON ecosystem! 💎
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What is TON Teleport?
It is a truly decentralized bridge that allows BTC to be transferred between the Bitcoin and TON blockchains without trusting any intermediaries.
📜 Each tgBTC is fully backed by real BTC on the Bitcoin network.
⚡ Want to participate in DeFi on TON? Easy. Your BTC will no longer just gather dust in your wallet.
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How does this work?
1️⃣ Send BTC to a unique TON Teleport address.
2️⃣ Wait for 3 confirmations in the Bitcoin network.
3️⃣ You receive tgBTC in the TON network, ready for use.
Back? Just burn tgBTC – and your BTC return to your wallet. Everything is transparent. Everything is autonomous.
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Why is the address updated every 4 hours?
Well, first of all, it’s 🔐 safety.
Secondly, such rotation makes the network truly decentralized and protects it from attacks.
But keep in mind: if you send BTC to the old address, the funds will be unavailable. You can only return them if you set up a return mechanism in advance. 🛡️
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tgBTC can be sold?
Of course! You just burn tgBTC, and real BTC are sent to your BTC address. Everything is fair and without intermediaries. 💥
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Advantages of TON Teleport BTC:
💪 Autonomy: You check all transactions yourself, full control over your assets.
🌍 Transparency: All data is open, no secrets.
🛡️ Censorship protection: No one can block your actions.
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Risks? There are a couple:
⏳ If the address expires and you haven't set up a refund, goodbye BTC.
💸 Bitcoin network fees can be expensive, especially for instant transactions.
🔄 BTC withdrawals via peg-out may take time.
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When will the testnet end?
The test network will operate until 2025. The transition to the main blockchain will take place in the second quarter of 2025.
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With TON Teleport BTC, your bitcoins are no longer locked up. They work as they should in the crypto world! 🎯
Join the community, ask questions, and stay up to date with the latest news. 👇