⭐️TON Teleport BTC: New Opportunities for Bitcoin in the TON Ecosystem
As part of TON Gateway, the TON Foundation has set up a testnet to connect Bitcoin with TON, called TON Teleport BTC. Currently, only the testnet is operational, so please do not send real tokens!
TON is becoming a "blockchain of blockchains": users will be able to integrate BTC into TON, serving as both an asset and a financial tool. This bridge combines the security of Bitcoin with the speed and scalability of TON, granting BTC access to our decentralized ecosystem.
Now, BTC can be transferred between the Bitcoin network and TON without intermediaries. This means that each BTC on TON is fully backed by Bitcoin on the main network. Users can easily manage assets on TON without fear of losing the underlying BTC.
TON Teleport BTC enables its holders to drop the "digital gold" status and start earning from TON's yield-generating tools. BTC can be used for yield farming, as collateral for lending, or as a trading tool on decentralized platforms within TON, making it a versatile financial asset.
The integration of Bitcoin paves the way for further cross-chain solutions, positioning TON as a platform where assets from different blockchains can exist within a unified ecosystem.
This event also strengthens TON's mission to create a free and censorship-resistant space where users can independently manage their assets.
How to join the testnet? Set up test wallets for TON and BTC and start testing all the features of TON Teleport BTC to be among the first to see its potential.
→ How to switch to the Testnet in TON
→ How to switch to Testnet in BTC
→ How to mint your first tgBTC
Your Blockchain of Blockchains @TonPost
As part of TON Gateway, the TON Foundation has set up a testnet to connect Bitcoin with TON, called TON Teleport BTC. Currently, only the testnet is operational, so please do not send real tokens!
TON is becoming a "blockchain of blockchains": users will be able to integrate BTC into TON, serving as both an asset and a financial tool. This bridge combines the security of Bitcoin with the speed and scalability of TON, granting BTC access to our decentralized ecosystem.
Now, BTC can be transferred between the Bitcoin network and TON without intermediaries. This means that each BTC on TON is fully backed by Bitcoin on the main network. Users can easily manage assets on TON without fear of losing the underlying BTC.
TON Teleport BTC enables its holders to drop the "digital gold" status and start earning from TON's yield-generating tools. BTC can be used for yield farming, as collateral for lending, or as a trading tool on decentralized platforms within TON, making it a versatile financial asset.
The integration of Bitcoin paves the way for further cross-chain solutions, positioning TON as a platform where assets from different blockchains can exist within a unified ecosystem.
This event also strengthens TON's mission to create a free and censorship-resistant space where users can independently manage their assets.
How to join the testnet? Set up test wallets for TON and BTC and start testing all the features of TON Teleport BTC to be among the first to see its potential.
→ How to switch to the Testnet in TON
→ How to switch to Testnet in BTC
→ How to mint your first tgBTC
Your Blockchain of Blockchains @TonPost