ZBX, Europe’s regulated crypto exchange offering access to fiat-to-crypto and banking services, will list TON Crystal (TON), the native token of the FreeTON blockchain network. ZBX users will be able to buy and sell TON for fiat and other cryptocurrencies on the exchange.
FreeTON has continued to expand its ecosystem and offerings to users this summer, this time reaching an agreement with the European ZBX exchange to list the network’s native TON Crystal. The FreeTON project got started after Telegram was asked to stop development on its plans to launch a blockchain and associated cryptocurrency.
The fledgling network had a number of unique technical capabilities, including unparalleled scalability that allows it to process millions of transactions per second. Rather than let the technology go to waste, it became open source and attracted a team of developers and enthusiasts that believed in its potential.
That community has further crystallized into FreeTON. FreeTON has brought the blueprints of the original network to DeFi where an ecosystem has flourished around them. FreeTON boasts the same scalability specs, plus offers cheap transaction fees (less than .001% of the transaction), formidable security, a token distribution protocol that rewards contributors and a decentralized governance structure.
Over this past summer, FreeTON has kicked development up a gear. Broxus, one of the development teams that is working on the project and is part of the FreeTON DeFi Alliance, launched the first FreeTON Bridge, linking the network with Ethereum. The Bridge, and its corresponding token, joins the other features of the FreeTON ecosystem, including a DEX, a Crystal wallet and more.
The FreeTON community has been working to expand awareness of the advantages its network possesses for users, and this listing on one of Europe’s biggest regulated exchanges will go a long way to seeing that happen. Providing easy and secure trading access to TON for European users will help spread word about the project and give many a first taste of the diverse financial options available on FreeTON.
FreeTON is a fast, secure and scalable network with near-zero fees, which can process up to a million transactions per second thanks to its unique dynamic sharding technology. As a development built off of the Durov brothers’ original TON concept, the FreeTON blockchain is designed to facilitate the widespread adoption of decentralized solutions by millions of
users through an unprecedented combination of reliable security, industry-leading scalability and decentralization. The ecosystem features a number of products, including a DEX and bridges with other blockchains.
ZBX is one of Europe’s leading regulated exchanges. The exchange offers fast, easy and secure trading for the most popular and in-demand cryptocurrencies. European users are able to trade buy and sell cryptocurrency in various different pairings and for fiat.