To purchase Toncoin on Binance, the first step is to create an account on the platform if you haven’t done so already. Sign up by providing your email address and creating a strong password. After registering, ensure that you complete the necessary identity verification process, which may involve submitting identification documents. Once your account is activated, you need to deposit funds. Binance supports a variety of payment methods, including credit/debit cards and bank transfers, making it easy to fund your account with the currency of your choice. Consider the following options for deposits:
- Bank Transfer: Generally has lower fees and higher limits.
- Credit/Debit Card: Quick and convenient for immediate purchases.
- Crypto Transfer: If you already own cryptocurrencies,transfer them directly to your binance account.
After your account is funded, navigate to the spot trading section and search for the Toncoin trading pair. You can find Toncoin listed against popular cryptocurrencies like BTC or USDT. Choose the desired trading pair, enter the amount you wish to purchase, and confirm your order. There are various order types available, including market and limit orders, which can give you more control over your transaction price. Here are key order types you can use:
| Order Type | Description |
|---|---|
| Market Order | Purchases Toncoin at the current market price. |
| Limit Order | Sets a specific price at which you want to buy Toncoin. |
