Which tokens can you transfer on the TON network?

The Open Network is a public layer-1 blockchain. Every asset follows a token standard, and that standard decides what a transfer must include.

Which tokens can TON transfer?

TON carries three kinds of assets. The first is its own native coin, and the second is the jetton, TON's standard for a fungible token. Tether issued a native TON version of USDT in April 2024, so a well-known stablecoin moves on the network as a jetton. The third kind is the NFT, which is unique and follows its own standard.

How do jetton transfers work?

A jetton is TON's token standard for fungible tokens. Each holder's balance sits in a separate contract called a jetton wallet, and the network ties that address to the holder's main TON address.

• Send to the recipient's TON owner address, never to a jetton wallet address.
• Keep some of the native coin in the wallet, because the gas fee for the transfer is paid in it.
• Check the jetton's contract address before you send, since copies borrow well-known names and tickers.

What wallet do you need?

Not every wallet that holds TON supports jettons, so check yours first. Exchange deposit addresses are a bigger trap, because many of them take only the native coin. Telegram added a TON-based wallet inside its app in September 2023.

What can go wrong?

A TON address works only on TON. A jetton sent to an address on another network, or to a venue that does not accept jetton deposits, can be lost for good, because a confirmed transfer usually cannot be reversed.

Written byVahe HakobyanVahe Hakobyan is the editor-in-chief of World-Crypt. He covers bitcoin, markets and regulation, and leads the newsroom that fact-checks every story before it goes live.