TON Coin Casinos – How to Use TON Coin at Online Casinos

TON (The Open Network) is a decentralized blockchain network consisting of a 1-layer with various components. The former name of this company was Telegram Open Network because it was initially built for internal blockchain solutions within the app. The Telegram Messenger team has created the cryptocurrency for it, firstly known as the Gram token. Now, this cryptocurrency is known as Toncoin, and it is widely used for network operations, transactions, games, and collectibles built into the TON network. Nikolai Durov is the founder and main developer of TON, which, together with Telegram, is building a global community of independent contributors. Pavel Durov, who is a brother of Nikolai Durov, is also named a partner on this project.

Looking at the CoinMarketCap at the moment of writing this blog post, 1 Toncoin is equal to 7,44 with a current market cap of $18,1 billion. The 24-hour tradition volume is nearly $350,000 which is 1,91% higher than yesterday. The numbers are really good and all crypto casino players should consider them before they choose an online casino to place their Toncoin bets. On the official TON website, you can find information about the different apps and services, domains, payments, stakes, wallets, and similar. 

Some of the most popular strategic supporters are Telegram, BitGo, Tether, Blockchain.com, Kingsway Capital, Keentic, Pnatera, and similar giants in the crypto world. There is a separate “Learn” section where you can educate yourself about the TON concept and decentralized networks and see the history of mining. Check the community section of TON Society and TON Foundations to stay updated on all the necessary details. 

TON Coin Latest Updates

• June 2024: Toncoin becomes the 9th largest cryptocurrency in the world with an open possibility to reach $10. It can happen thanks to the TapSwap growth and becoming a main part of Toncoin and Telegram’s ecosystem.
• June 2024: Telegram Bot Tokens are in high demand during the market decline. People can use crypto assets to perform specific tasks directly on the Telegram messaging app.
• June 2024: Toncoin hits its all-time record with a new reach of $7,64. It is an 8,28% increase with a market capitalization of $18,5 billion.
• April 2024: TON Foundation launches a new program in collaboration with Tether to allocate 11 million Toncoin to all USDT users.

TON online casinos offer fast and safe banking methods that you can use for all deposits and withdrawals, respectively. You will face an easy transactional process and, with a couple of clicks, will get your money securely in the right place. To make a deposit using Toncoin, you have to connect your TON wallet with your chosen online casino and credit your account. Add funds into your wallet and go to your casino to make a deposit. Sign up, and from the deposit section, choose TON as a deposit method. Enter the amount you want to deposit, and your funds will be automatically added and ready to use. After that, make sure to claim a specific bonus (if any) and choose your favorite casino game to place your bets.

The process is nearly the same with the withdrawals, too, where you have to choose TON as a withdrawal method in your casino. After the gameplay, go to the cashier section and enter the amount you want to withdraw. Depending on your online casino, most of the time, it takes time for the financial department to approve the withdrawal request and transfer your money after that. It usually takes up to 3 days for it, so don’t get confused if you wait a little bit longer, even if all crypto payments are processed instantly. When your withdrawal request is approved, go to your TON wallet and enjoy your funds without hesitation.

TON online casinos, like any other casinos, set different transactional limits, fees, and timeframes when it comes to transactions. Players are required to follow specific guidelines to transfer their funds successfully and meet the transactional criteria when it comes to the maximum and minimum deposits or withdrawals. Below we will see more details about it, so please pay close attention.

Fees

Most of the TON casinos will never charge you a specific fee when it comes to making TON deposits and withdrawals. All crypto transactions are fast, safe, and free, so you will instantly get your lucky funds without worries. On the other hand, keep in mind that TON wallets may charge you a specific transactional fee, Gas fee, or forward fee. For example, an average transaction cost is around 0,005 TON which is less than $0,01. For bigger amounts, the transactional fee can vary, but in most cases, it is super cheap and lower than other cryptocurrencies. 

Timeframes

All crypto transactions are instant, which means that you will wait no longer than a couple of seconds to credit your casino account or cash out the lucky funds. Our team at CBM found that Toncoin transactions are really fast and users can make 104,715 transactions per second. This number is also available in the official TON blog, making it one of the fastest blockchain networks that currently exist. Many TON casinos require players to submit a withdrawal request before transferring the funds, so the approval may take up to 3 business days to clear the money from your casino account.

Deposit and Withdrawal Limits

As a casino player, you probably know that the deposit and withdrawal limits are different among the casinos and there is no specific rule about it. The transactional limits are determined by the casinos themselves, and the payment method can’t influence the minimum and maximum amount. However, TON crypto payments have reasonable limits, and all crypto players can enjoy them without headaches. Depending on your chosen casino, expect a minimum deposit of $20 or currency equivalent, while the maximum limit is $5000. Very often, the minimum deposit allowed on the platform matches the minimum deposit required for the welcome bonus, so use the chance to claim it firsthand and increase your winning chances at the beginning.

Withdrawals, on the other hand, are nearly the same, with the minimum amount to cash out is $20 – $30, and it goes up to $5000 or currency equivalent. In the last period, I noticed many crypto casinos that offer daily, weekly, and monthly withdrawal limits, which are usually stated on the “Terms and Conditions” page. For example, players can withdraw a maximum amount of $2500 per day, $5000 per week, and up to $20,000 per month. Also, VIP players can get negotiable withdrawal limits depending on the VIP level, so there will be better transactional requirements, thanks to their loyalty. 

Analyzing some online casinos that accept TON payments and reading players’ opinions about their experiences, our experts at CBM found a lot of happy moments on the most popular review websites and rating websites. TON online casinos are among the best in the iGaming world, collaborating with hundreds of leading software providers, and providing a smooth gaming experience for every casino enthusiast. All deposits and withdrawals are instant, safe, and anonymous, so everyone is welcome to place some bets and sweeten the bank account just like that.

Players love the transactional speed and the fact that all transactions are without limitations. There are fantastic games in different categories, such as online slots, live casino games, table games, jackpots, instant wins, bonus buys, megaways, and many internal categories for even better organization. Most of them are available for mobile gaming, so this is another feature that contributes to a pleasant gaming experience for everyone.