What is TON?

The Open Network, also known as TON, is a decentralised blockchain platform developed by the team behind Telegram. The goal behind it was to create a fast and user-friendly blockchain that can manage millions of transactions per second.

Traditional blockchains can be slow and expensive, whereas TON was designed to be super fast, cost-effective and more widely accessible.

As blockchain continues to grow, TON could be a game-changer in making this technology more mainstream and practical for everyday use.

Cryptoassets are high-risk and may not be right for everyone. The value of your crypto can go up or down at any time and may even fall to zero. You should only invest if you fully understand the risks and if it suits your financial situation. Funds used for crypto transactions are not safeguarded and are not covered by the Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service.

Cryptoasset services are provided by Synterra Innovations Ltd., registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) to offer virtual currency services (registration no. C100000635). You can verify the company’s registration here via the official register. Synterra Innovations Ltd. is not permitted to carry out virtual asset activities in the European Union and United Kingdom. These services are not offered by, affiliated with, or endorsed by Altery LTD, which is authorised and regulated by the Financial Conduct Authority (FCA) in the UK.

Read the full Risk Disclosure of Synterra Innovations Ltd. for more details.