In response to significant client requests, we are excited to announce that Match2Pay crypto processor now supports the TON blockchain. This integration allows all Forex Brokers using Match2Pay to easily manage deposits and withdrawals with crypto, which has quickly become one of the most talked-about assets in the market.

Why We Added TON Blockchain Support

The decision to integrate TON into Match2Pay was driven by a deep understanding of market trends and consistent feedback from Forex brokers who use our crypto-processing solution. Toncoins’s strong connection with the Telegram app has significantly boosted its popularity, and many traders have specifically requested support for TON payments. By incorporating TON into our crypto payments processor, we ensure that all our users can benefit from a blockchain that is not only fast and secure but also supported by a thriving and growing community.

As part of Match2Pay’s integration with the TON blockchain, we have implemented support for the memo feature used in this network, allowing for more precise transaction management within the main wallet. For those familiar with platforms like Binance, the concept is similar: a primary wallet address is used, and each transaction is tagged with a unique memo, allowing us to precisely track and manage deposits on the TON blockchain. For withdrawals, users can enjoy flexibility, as our system supports transactions with or without the use of a memo. This enhancement not only optimises our processing capabilities but also ensures that our clients can operate with greater precision and confidence on the TON network.

Why Toncoin is so popular

The TON blockchain is a complete ecosystem with immense potential. Recent developments in the TON ecosystem, such as the launch of new DeFi projects and increasing adoption of TON-based applications, highlight the coin’s potential for further development. The introduction of the TON Applications Chain (TAC), which improves compatibility with Ethereum, could significantly boost TON’s adoption, positioning it as a key player in the blockchain space.

Several key factors that have influenced the spread and impact of TON Coin:

• Telegram Connection: TON’s close association with Telegram, which boasts over 900 million active users, has given it a strong foundation. This connection has fostered a dedicated community that drives TON’s adoption, and utility has made it easier for individuals to engage with TON services directly through the app.

• High Trading Volume: According to market data from CoinMarketCap, Toncoin has become the sixth most-traded cryptocurrency on platforms like Binance and OKX, surpassing many other established tokens. The trading volume for TON spikes, mainly when new gamification features are released, further enhancing its appeal.

• Innovative Mining Model: TON blockchain connection with Telegram offers unique gamification elements that encourage user participation in network incentives and programs. Tap-to-Earn mining model used is one of the most specific and impactful reasons behind TON’s surge in popularity. These are simple, engaging applications where users can earn TON coins by performing various in-app activities, such as playing games or completing tasks. For example, the Game “Hamster Combat” has attracted a substantial user base, surpassing popular titles like Candy Crush.
  
• Ad Monetization: In February 2024, the TON Foundation introduced an ad-sharing program that allows Telegram users to generate income by displaying ads, with payments made in TON. This initiative has not only boosted the visibility of TON but also attracted top-tier content creators to the platform, making it more appealing and enhancing user engagement.
  
• Scalability: The TON blockchain can handle millions of transactions per second. This makes it ideal for a wide range of applications, from peer-to-peer payments to complex decentralised apps. Users can stake their TON coins through various platforms within the TON ecosystem, contributing to network security and earning rewards.

Why you should accept TON payments today

With TON becoming one of 2024’s fastest-growing blockchain ecosystems, now is the perfect time to integrate it into your Forex Brokerage. The total value locked (TVL) in TON has reached $773 million, showcasing the significant interest and investment pouring into this network. Binance, Coinbase and OKX’s recent support for TON further underscores its growing importance, making it a strategic addition to any forward-thinking business.

Integrating TON through Match2Pay not only positions your brokerage business at the cutting edge of digital finance but also opens up new opportunities to engage with a vibrant and expanding user base. By adding TON support today, you are not just adopting a new payment option – you’re embracing the future of blockchain technology.

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