TON's Big Breakthrough
#TON was listed on #Binance as of August 8 at 13:00. With this development, Binance will offer its investors the opportunity to isolate and cross margin trade TON with the USDT (#Tether ) pair.
Despite its advantages, #Toncoin in has faced significant challenges in getting listed on major exchanges such as Binance and Coinbase. (SEC) took legal action against #Telegram in 2019.The court case targeted the SEC's initial public offering (ICO) of Telegram's Gram tokens, claiming that the tokens were unregistered securities. It led to a global ban on Gram.
Telegram Open Network (TON) has been rebranded as Toncoin and Telegram has nothing to do with Toncoin anymore. This regulatory uncertainty continues to discourage exchanges, especially those serving US-based customers, from listing Toncoin.
Despite these challenges, Toncoin continues to move its ecosystem forward. Binance allows trading of the TON/USDT pair in both isolated and cross margin modes, giving traders the opportunity to manage their risks and optimize their trading strategies. This is an important development for TON, which started trading on Binance, offering investors greater flexibility and potentially increased returns.
of TON this could signal increased trading volume and liquidity for TON, with its listing on Binance, the world's largest cryptocurrency exchange.
In fact, it may not only attract more investors but also set an example for other high-value altcoins to be listed on major exchanges such as Binance.