How to Buy Toncoin (TON)

Buy TON — now trading as GRAM — on OKX step by step: KYC, deposit, order, withdraw to Tonkeeper. Covers the 2026 Gram rebrand, memos and EQ/UQ addresses.

Toncoin is the native asset of The Open Network. Since June 2026 it trades under the name Gram and the ticker GRAM. This guide walks through buying it on a regulated exchange and moving it to a wallet you control.

Toncoin in context: what you are actually buying

The Open Network (TON) is a layer-1 that grew out of a blockchain project originally started by Telegram's founders and later continued by an independent community after the original launch was abandoned under regulatory pressure. Its distribution advantage is proximity to Telegram: mini-apps and in-chat wallets put the network in front of a very large audience.

The token is now called Gram — and the ticker is GRAM

This is the first thing to know before you place an order. Following an announcement by Pavel Durov on 1 June 2026 and a community governance vote that passed with roughly 81% support, the native token was renamed from Toncoin to Gram, with the ticker changing from TON to GRAM. The change went live on 15 June 2026. It is a name, ticker and logo change only: there is no token swap, no migration, no bridge and no claim, balances converted one-for-one automatically, and wallet addresses are unchanged. The blockchain itself is still called The Open Network. Expect exchanges, wallets, charting tools and tax software to update their labels at different speeds — if a venue still shows TON, it is the same asset.

Where it trades

The token is listed on OKX, Binance, Coinbase and Kraken among many other venues, with both fiat and stablecoin pairs. Fees are the usual exchange maker/taker schedule; on-chain, TON transactions are inexpensive.

Deposit comments: check whether yours is required

TON transactions carry an optional text field, usually shown as a "comment" in wallets and a "memo" or "tag" on exchanges. Many exchanges credit deposits into a shared address and use that field to identify the sender, in which case omitting it means the funds arrive on-chain but are not credited to your account. Others have moved to unique per-user deposit addresses and no longer need one. There is no universal rule here — believe the deposit page in front of you over your memory of a previous transfer elsewhere. Sending to a self-custodial wallet such as Tonkeeper never requires a memo, because non-custodial wallets do not use them.

Wallets and address formats

Tonkeeper and MyTonWallet are the common self-custody options, alongside wallets embedded in Telegram — note that some in-app wallets are custodial, so check who holds the keys. TON addresses appear in two encodings: bounceable, starting EQ, and non-bounceable, starting UQ. They refer to the same account, and wallets switch between them automatically; as a sender you generally do not need to think about which you were given.

The TON-specific risk

The rebrand itself creates a scam surface. There is nothing to claim, swap or migrate — any site, bot or DM offering a "Gram migration" or "GRAM claim" is a phishing attempt. Ignore it, and never connect a wallet to one.

What you'll need (prerequisites)

• Government-issued ID
• Bank account or debit card
• Email address
• Authenticator app for 2FA

Step-by-step

1. Step 1: Open an account on OKX

   Visit the official OKX website. Click "Sign up" and enter your email and a strong password. Confirm the email link in your inbox.

2. Step 2: Verify your identity (KYC)

   Most regulated exchanges require ID verification before fiat deposits. Upload a government-issued ID (passport or driver's licence) and a selfie. Verification usually completes in minutes, occasionally up to 24 hours.

3. Step 3: Enable two-factor authentication

   Open your account security settings and enable 2FA using an authenticator app (Authy, Google Authenticator, Aegis). Avoid SMS 2FA — it is vulnerable to SIM-swap attacks. Save the recovery codes offline.

4. Step 4: Deposit fiat

   Link a bank account, debit card or use SEPA / ACH / Faster Payments. Bank transfer is cheapest; card deposits incur a 1.5–4% surcharge. Wait for the deposit to credit (instant for cards, hours-days for bank transfer).

5. Step 5: Place a market or limit order for TON

   Navigate to the TON/USD or TON/EUR pair. A market order fills immediately at the best available price. A limit order only fills at your chosen price; better for large orders to avoid slippage.

6. Step 6: Withdraw to self-custody

   Once filled, transfer TON from the exchange to a wallet you control (Tonkeeper, MyTonWallet, or a Ledger hardware wallet). TON is its own network — do not send it to an Ethereum/EVM wallet such as MetaMask or Rabby, as those addresses cannot receive TON and the funds would be lost. Exchanges are custodial — your keys live with them. Send a small test transaction first to confirm the address before moving the full balance.

Common errors and fixes

• KYC delayed >24h. Re-upload a clearer photo of your ID with the corners visible and good lighting. Contact support if it still takes longer than 48 hours.
• Bank transfer rejected. Some banks block transfers to crypto exchanges. Try a different bank, debit card, or stablecoin on-ramp like MoonPay / Banxa.
• Withdrawal address rejected. Confirm you copied the entire address (not truncated) and selected the correct network — sending ERC-20 to a Bitcoin address loses the funds permanently.
• 2FA code rejected. Server time and authenticator clock must be in sync. Re-sync your phone clock or regenerate 2FA from the recovery codes.
• High network fees on withdrawal. Bridge to an L2 or use a chain with cheaper fees if available; or batch withdrawals to amortise the fixed cost.

FAQ