Telegram Launches TON Blockchain-based Username Auction and Where to Trade TON and Why You Should Join ProEX Open Quantitative Trading Test Group

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Last Updated on November 1, 2022 by Bitfinsider

On Thursday, the popular instant messaging service Telegram introduced its marketplace for Telegram handles.

This would allow Telegram handles, which include both usernames and channels, to be purchased and traded with Toncoin, Telegram noted in a news statement.

Toncoin (TON) is the token of The Open Network, the spiritual successor to Telegram’s autonomous blockchain ambitions that were stymied two years ago by federal officials.

The auction is held on, a “separate website” for those who choose to participate. Users can search for and buy three- to four-character domains, auction their current handles, and “connect pre-purchased handles to off-chain accounts” using this page.

Telegram will first offer four-to-five character handles for sale, with the least expensive going for at least 126 Toncoin ($200). Currently, some of the auctions with the largest minimum bids are for handles such as “bank,” “casino,” and “car,” with minimum bids over 30,000 TON.

In many instances, the original price will decline daily if no one submits a greater bid than the minimum bid.

“For the first time, social media users will be able to demonstrate publicly that they own their handles, owing to tokenization on the TON blockchain,” said Andrew Rogozov, co-founder of the TON Foundation.

The marketplace is founded on The Open Network (TON), a blockchain that concluded a similar domain and wallet name auction in August. At the time, the deal achieved total sales of almost $3 million worth of 2,392,002 Toncoin.

CEO Pavel Durov was encouraged by the company’s success, which culminated in its latest initiative. In his personal channel, the CEO hinted at “adding a little bit of Web 3.0 to Telegram” by employing smart contracts similar to NFTs.

ProEX Launches TON/USDT Spot Trading

3 Simple Steps to Buy TON on ProEX

1. Sign up and register an account on ProEX

2. Buy USDT via ProEX One-click Buy

3. Trade TON/USDT at ProEX Spot

Why you should join ProEX Open Quantitative Trading Test Group?

ProEX is the world’s leading multi-contract trading platform, provides bitcoin and various cryptocurrencies, perpetual futures trading, ETF and other digital asset trading functions, Staking Pool services.

ProEX is committed to creating a better trading environment for our clients, ProEX has got MSB certificate(Money Services Business) from the United States and Canada, the USA MSB license was issued by FinCEN after being rigorously reviewed by the Financial Crimes Enforcement Bureau, an agency of the US Department of the Treasury.

Be it Spot Trading, Futures Trading, Staking or any other Trading functions you’re interested in, ProEX is always ready to support you on your cryptocurrency trading journey. The platform not only frequently holds campaigns that reward their users (regardless of new or existing), but it also provides assistance to you through a wealth of tools and various help channels on their website.

In fact, to allow all users of ProEX exchange to better understand contract trading, ProEX has recently opened a Telegram community of Quantitative futures trading. You can now join the community and take advice from their experts.

Feeling anxious about your first futures trading? Not to worry, as you can use the simulated futures fund originally provided by ProEX to test the futures trading order before starting your real futures trading.

Whether you are a professional trader or a newbie to the cryptocurrency market, ProEX allows you to chart your own financial planner.

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