GEORGE TOWN, Cayman Islands, June 20, 2025 — Toobit, a recognized cryptocurrency exchange, has announced the integration of the TON blockchain for USDT deposits and withdrawals on its Spot platform. This enhancement aims to provide traders with a faster, more affordable, and scalable method for handling USDT transactions.
By incorporating TON support, Toobit is strategically leveraging a rapidly expanding blockchain ecosystem, which has surpassed 153 million created addresses by 2025. This addition is expected to improve the speed and cost-effectiveness of USDT transfers, thereby enabling users to better manage their trading and asset strategies.
“We are excited to offer our users the advantages of the TON network,” stated Mike Williams, Chief Communication Officer at Toobit. “We identified a significant need for increased network diversification and improved capital efficiency. The integration of TON directly addresses the need for a dependable, high-speed, and very low-cost solution for USDT transactions.”
Key benefits for Toobit traders
- Improved capital efficiency: Traders can now transfer USDT with network fees averaging just $0.01 to $0.02 per transaction, allowing more capital to be allocated to trading rather than network expenses.
- Faster strategy execution: The integration enables near-instantaneous asset transfers, with transaction finality achieved in approximately five seconds.
- Expanded network choice: By including TON, Toobit connects its users to a rapidly growing network with over 9 million active wallets and a Total Value Locked (TVL) exceeding $155 million in its DeFi ecosystem.
To utilize TON for USDT transfers, users can simply navigate to their USDT wallet on Toobit and select TON as their preferred network for deposits or withdrawals.
This decision follows the growing demand for more efficient blockchain networks. TON, known for its high throughput, multi-blockchain design, and low fees, has the theoretical capacity to process millions of transactions per second, making it a suitable choice for active traders.
About Toobit
Toobit is a leading cryptocurrency derivatives exchange that provides traders with the tools they need to explore the future of crypto trading. With ample liquidity and advanced technology, Toobit enables traders globally to confidently navigate the digital asset markets. We are committed to delivering a fair, secure, seamless, and transparent trading environment, where every trade presents an opportunity for discovery.
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