Onramp Money Partners with STON.fi for Instant $TON Purchases with Local Currencies
In a groundbreaking move for cryptocurrency enthusiasts and investors, Onramp Money has forged a strategic partnership with STON.fi, a leading decentralized exchange (DEX) on the TON blockchain. This collaboration marks a significant milestone as it introduces the ability for users to instantly purchase $TON with over 14 local currencies. The partnership caters to a wide audience with its inclusive approach, supporting users from India, Turkey, the UAE, Indonesia, Vietnam, Nigeria, Kenya, Mexico, Colombia, Peru, Chile, Brazil, and Europe, thereby enhancing accessibility to the TON blockchain across the globe.
What is STON.fi?
STON.fi stands at the forefront of blockchain innovation as a decentralized automated market maker (AMM) exchange built on the TON blockchain. Renowned for its virtually zero fees, low slippage, user-friendly interface, and seamless integration with TON wallets, STON.fi is not just another DEX; it’s a revolutionary platform that promotes a fully decentralized trading environment. Unlike traditional exchanges, STON.fi operates without custody, meaning it does not hold onto your coins or tokens nor does it require personal information from its users. This autonomy and respect for privacy set STON.fi apart in the blockchain space.
Key Features and Benefits
Decentralization and Automation: At its core, STON.fi is fully decentralized, ensuring that users retain complete control over their funds without any interference from a central authority.
Minimal Trading Fees: Leveraging the efficiency of the TON blockchain, STON.fi offers an environment of low to virtually non-existent trading fees, making it a cost-effective option for traders.
Reduced Slippage: Thanks to its sophisticated AMM algorithms and reliance on liquidity pools, STON.fi ensures minimal slippage, offering users the best possible rates for their transactions.
Non-Custodial and Transparent: The platform’s non-custodial nature means that users’ funds are stored in permissionless smart contract accounts, with transactions being irreversible and fully transparent. No single account can manipulate or control the pools’ assets, ensuring a fair trading environment.
The STON.fi Protocol
The STON.fi protocol is a testament to the power of decentralization, allowing for direct transactions between traders without the need for intermediaries. By operating on the TON blockchain, it not only reduces transaction costs significantly but also offers higher transaction speeds compared to other blockchains like Bitcoin or Ethereum. The platform’s design inherently protects against front running, thanks to the advanced sharding and asynchronous nature of the TON blockchain.
The Impact of the Partnership
The collaboration between Onramp Money and STON.fi introduces a new era of accessibility and convenience for cryptocurrency enthusiasts. By enabling the direct deposit of $TON using local payment methods and bank transfers, this partnership bridges the gap between traditional finance and the burgeoning world of decentralized finance (DeFi). It is a significant leap towards mainstream adoption, making it easier for users across the globe to engage with the TON blockchain without the hassle of high fees or complicated exchange processes.
This partnership not only democratizes access to cryptocurrency but also strengthens the TON ecosystem, encouraging more users to explore the benefits of DeFi. As the world moves closer to a decentralized financial future, collaborations like this pave the way for a more inclusive, efficient, and secure blockchain experience.
In conclusion, the Onramp Money and STON.fi partnership is a monumental step forward in making cryptocurrencies more accessible to a global audience. By simplifying the process of buying $TON with local currencies, this initiative is set to catalyze the growth of the TON blockchain and further the reach of decentralized finance worldwide.
About STON.fi
STON.fi stands at the forefront of blockchain innovation as a decentralized automated market maker (AMM) exchange built on the TON blockchain. Renowned for its virtually zero fees, low slippage, user-friendly interface, and seamless integration with TON wallets, STON.fi is not just another DEX; it’s a revolutionary platform that promotes a fully decentralized trading environment.
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About Onramp Money
Onramp.money is a leading provider of fiat-to-crypto onramp solution, offering a seamless and secure way for users to trade cryptocurrencies using their fiat currencies. Prioritising user experience and safety, Onramp.money delivers a fast, dependable, and secure platform that caters to both the purchase and sale of cryptocurrencies.
