How to buy TON and ETH: a comprehensive guide

Toncoin and Ethereum are two of the most promising cryptocurrencies on the market. They rank among the top 15 cryptocurrencies in the world, with a combined market cap exceeding $300 billion. With Nicegram Wallet, you can easily buy, sell, and store these assets.

In this comprehensive guide, we'll break down the process into simple steps, ensuring you have a solid understanding of how to purchase TON and ETH. Let's dive in!

What is Ton?

Ton is the native token of The Open Network blockchain. It has been witnessing a rise in usage and popularity due to the hype surrounding Telegram-based tap games.

Here are some compelling reasons to consider Ton:

• Toncoin has emerged as an exciting crypto by itself, noted for its strong ties with the Telegram community and innovative technology.
• Similar to other crypto, Toncoin is used to cover network fees for transactions, making it necessary for transfers within the TON ecosystem.
• Toncoin uniquely integrates with Telegram, allowing users to fully leverage the platform. This includes purchasing Telegram Premium subscriptions, buying unique usernames, and acquiring anonymous numbers—all with Toncoin.
• Toncoin also offers staking options, allowing holders to earn rewards by participating in the network’s security and operations.
• By purchasing TON, you gain access to a vast blockchain, including tokens on this blockchain - Jettons. You can easily swap your acquired TON for tokens of your desired project. This method is much faster and more efficient than waiting for the listing of your desired project’s tokens on a centralized exchange.

As you see, there are a lot of opportunities that TON gives to its holders.

What is ETH?

Ethereum is a decentralized global software platform powered by blockchain technology. Its native cryptocurrency, ETH, is essential for interacting with the platform.

Ethereum hosts a vast ecosystem of dApps, including:

• Uniswap, a DEX for trading cryptocurrencies.
• OpenSea, the leading NFT marketplace.
• The Sandbox, a metaverse platform for creating and playing games.

Holding ETH grants you access to these dApps and the potential to participate in their growth.

ETH holders can also earn passive income through staking or lending their ETH, contribute to the network by participating in governance or open-source projects and develop dApps.

How to buy TON and ETH officially?

If you want to purchase some of this crypto, you need a wallet first.

For TON, there are several options:

1. If you’d like to buy it with cash,you can use the Telegram Wallet bot, Mercuryo, Tonkeeper, Moonpay, Alchemy Pay or NeoCrypto wallets. Attach your credit card, enter the amount on TON you wish to purchase and press the “Buy” button. Once completed, you can withdraw TON to any other wallet that supports it.
2. For peer-to-peer, you have three options: Telegram Wallet bot, Crypto bot and xRocket bot. Simply start the bot, choose the P2P option, and follow the instructions.

As for ETH, there are 40 wallets you can use to buy it. Here are some examples:

• Bridge Wallet or Coinbase Wallet for the fiat transactions,
• 1Inch Wallet and Gem Wallet to stake your ETH, Metamask and Ledger supporting hardware wallets, along with many others.

But what about a Nicegram Wallet? While it doesn’t currently have the option to buy crypto, you can swap the one you already possess!

How to swap crypto with a Nicegram Wallet?

Swapping cryptocurrencies within Nicegram Wallet is a simple and convenient process. It’s integrated with 1Inch for ETH and Tonfi for TON transactions.

To do it, open your wallet, navigate to the "Swap" button, and select the cryptocurrencies you wish to exchange. You'll be presented with the current exchange rate and the estimated amount you'll receive. Confirm the swap, and the transaction will be processed on the blockchain.

Swapping cryptocurrencies can be useful for various reasons, such as diversifying your portfolio, taking profits, or acquiring a specific cryptocurrency that is not directly supported by your wallet. For example, you might swap Toncoin for Ethereum to gain exposure to a different blockchain platform, or you might swap a meme coin for a more stablecoin to reduce your risk.

Conclusion

Navigating the world of cryptocurrency can be intimidating, but the Nicegram Wallet, purchasing and swapping assets like Toncoin and Ethereum becomes intuitive and accessible. By exploring the features of these cryptocurrencies and the integration offered by Nicegram Wallet, you can diversify your portfolio, engage with the expansive blockchain ecosystem, and position yourself for future opportunities.