Toncoin (TON) is one of the hottest coins right now. Everywhere you turn, there’s almost certainly someone farming TON or playing a Telegram tap-to-earn game on their phone. Many of these people store TON in their crypto wallets with the hope of the price increasing in the future.
But, the OGs know they can swap TON with other coins and trade them for even more value. Some also convert TON to naira instantly to spend in Nigeria. The best part is that you can do all of these on Quidax. We’ll show you how in this quick guide.
How to Swap TON for Naira on Quidax
- Sign up on Quidax and complete KYC (if you’re yet to)
- Click “Wallets” and search for “TON”
- Tap “Receive” and generate a TON wallet address
- Copy and paste the wallet address in the space required on your external wallet
- Enter the amount of TON to send and complete the transaction
Note: Ensure you include a destination tag when transferring the coins to your Quidax wallet to avoid losing your funds. You can read more about crypto destination tags here.
After the TON has landed in your Quidax wallet, follow the steps below to convert it to naira:
- Sign in to your Quidax account
- Click “Wallets” and select “TON”
- Tap “Trade” and choose “Instant Swap” or “Order Book”
- Choose the TON/NGN pair and enter the amount of TON to swap
- Complete the transaction
How to Convert TON to Other Coins on Quidax
Whether you’re in it to trade or you want to convert your TON to more stable cryptocurrencies, you can swap your TON to other coins like Bitcoin (BTC), Tether (USDT), or Ethereum (ETH) on Quidax using the steps below:
- Sign in to your Quidax account
- Click “Wallets” and select “TON”
- Tap “Trade” and choose “Instant Swap” or “Order Book”
- Choose your preferred trading pair (for example, TON/USDT or TON/BTC)
- Enter the amount to swap and complete the transaction
The Quidax TON Trade Master Competition is On!
If you’re farming Toncoin or stacking it up for potential profits, it may be time to trade and win some money during the ongoing TON Trade Master competition on Quidax. 10 traders will win $50 each just for trading TON, and you can also be among the winners 🥳.
All you have to do to qualify is trade at least $200 worth of TON between Monday, November 11 and Sunday, November 17, 2024. The more TON trades you do, the better your chances of winning a share of the total prize money. Terms and conditions apply 🚨.
Disclaimer: This content is for educational purposes only and not financial advice. Please do your own research (DYOR) or speak to a financial advisor before making any investment decisions.
