TON Space

From TON Wiki (En)
TON-Space-interface.png

TON Space is a non-custodial wallet on TON Blockchain, meaning the wallet owner holds the private key. However, TON Space integrates with the custodial Telegram Wallet, and its primary goal is to give @wallet users total control over their funds.

TON Space launched in September 2023, and its interface supports common languages, including English, Chinese, Spanish, and Russian. TON Space is not available to U.S. citizens.

Within the first year, the number of active users of the TON Space wallet reached 10 million. This growth rate surpasses the adoption pace of other ecosystems based on the Ethereum Virtual Machine (EVM). In October 2024, TON Space surpassed 100 million users while simultaneously announcing the completion of its beta testing phase.

Unlike @wallet, where verification expands wallet usage options, TON Space does not require verification. You cannot buy cryptocurrency with a card in TON Space, but you can first purchase it in @wallet and then transfer it to your TON Space wallet.

Features

With TON Space, users can:

  • send and receive Toncoin, as well as view their transaction history.
  • send and receive Jetton-standard tokens (including Tether USD). You can send tokens not only to TON address but also to your Telegram contacts.
  • store, send, and view both single NFT and collections;
  • run NFT giveaways in groups, channels, and mini-apps.
  • stake Toncoin to earn a percentage of profit.
  • exchange Toncoin and tokens.
  • tansfer coins to/from @wallet.
  • use it as a Web3 connection to decentralized applications (DApps). TON Space has introduced a catalog of popular applications. Here, you can also view the connected mini-apps.

Setup

To create or import a wallet in TON Space, you need an @wallet account on Telegram. You can activate TON Space in the @wallet settings. Then, you can choose to create or import TON Space wallet.

When you create a wallet, the system will display a seed phrase (private key) consisting of 12 words. Be sure to write it down and keep it securely. This key allows you to restore the wallet at any time. After confirming the seed phrase, the wallet is ready for use, and you need to fund it. You can replenish it by simply transferring Toncoins to the wallet address. During the first transaction, the system creates a smart contract on TON Blockchain and charges a small amount of Toncoin. Once the system deploys the smart contract, the wallet address becomes active on the network.

You can import an existing wallet using a previously saved seed phrase or via email (if you enabled this feature earlier). In the case of email, the system sends a code with six digits to your email. It allows you to use one wallet across different devices or switch between wallets on one device.

Deletion

Creating a wallet in TON Space establishes a smart contract on TON Blockchain. You cannot delete the wallet entirely but can remove it from your account in the settings. You can restore the wallet by re-importing it.

App Integration

Some apps, like Dogs, offer additional airdrops for connecting your wallet. You can view or remove connected apps in the «Connected Apps» section. After removal, you can reconnect by logging into the app again.

Fees

In TON Space, there is a small Toncoin fee for each transfer, whether it's Toncoin, Jetton, or an NFT. Therefore, when sending Jetton or NFT, you must have enough Toncoin in your balance.

In July 2024, the Tonkeeper developers introduced a new wallet standard called «W5». This standard allows users to pay fees in $USDT, $NOT, $HMSTR, $DOGS, and $CATI. Such transactions are named "gas-free" because no Toncoins are needed for execution. This feature is convenient for new users who received USDT for the first time but don't have Toncoins in their accounts. In addition, the team announced plans to introduce transaction fee payments using Telegram Stars.

Staking

TON Space is a popular TON Blockchain service based on staking volume and participant numbers. Tonstakers provides a staking service in TON Space. Key benefits include depositing and withdrawing at any time with small amounts, and rewards are credited every 18 hours.

Links

  1. TON Space FAQ
  2. Wallet news on Telegram