Swapping Cosmos Hub for Toncoin: what you need to know
To switch from Cosmos Hub to Toncoin you don’t need to sell for dollars first and then buy again. ROVEN exchange does it in one step: one order, one rate, one payout.
Cosmos (ATOM) is the coin of the Cosmos Hub, the centre of an ecosystem of interconnected blockchains. Toncoin (TON) is the coin of the TON blockchain, closely tied to Telegram and its built-in wallet.
Why swap ATOM for TON
Coins serve different purposes, and sometimes holding TON makes more sense — for faster transfers, staking or the TON ecosystem. With TON you get access to the apps, staking and tokens of the TON network.
Networks and addresses
| You send ATOM | You receive TON | |
|---|---|---|
| Network | Cosmos Hub | TON |
| Address | “cosmos1…” | “UQ…” or “EQ…” |
| Network speed | a block comes every 6 seconds | a transfer confirms in a few seconds |
| Memo / tag | Required, from the order | Only for an exchange address |
What to watch out for
- When sending ATOM, paste the memo from the order; staked coins take 21 days to unbond.
- A TON address starts with “UQ” or “EQ”; Tonkeeper or the wallet in Telegram both work.
- When sending ATOM, include the memo from the order, or the payment will have to be traced manually.
- If you’re receiving TON to an exchange address, be sure to enter that exchange’s memo.
- Send the exact amount from the order and do it within 30 minutes, while the locked rate is valid.
How long the swap takes
Swap speed depends on both networks. On Cosmos Hub, a block comes every 6 seconds; on TON, a transfer confirms in a few seconds. The whole ATOM to TON swap usually takes 5 to 30 minutes once your transfer is confirmed.
The current rate is 1 ATOM = 1.01325 TON and the minimum amount is 12.5 ATOM. Create an order in the form above, and ROVEN exchange will send swap updates by email or Telegram.
