Jettons: What are they and what are they used forIn The Open Network Ecosystem, there are hundreds of different tokens. Unlike other blockchains, these tokens are called “jettons” in TON. Here we explain their advantages, how they differ from Toncoin, and where they can be most easily purchased:
● Toncoin is the main cryptocurrency of TON Blockchain.
● A jetton is a token issued on TON Blockchain.
● You can swap, store and send any jettons in TON Space.
● To perform any action with a jetton, such as making a transfer, you have to pay a small commission in Toncoin.
What are jettons used for?Many services in TON Ecosystem have their own jettons. Typically, holding these jettons offers some advantages – for example, the PUNK jetton allows you to participate in closed tournaments, while the STON jetton gives you the right to receive exclusive digital Collectibles. Also, many jettons are used to store value and can be traded on various exchanges, like Ston.fi or DeDust.
How and where can I buy jettons?The most convenient way to get some jettons is directly in Telegram. Wallet users can easily exchange jettons in TON Space. Just go into your non-custodial space, tap “Swap” and select the jettons you want! Wallet will automatically handle the rest of the exchange!
