Swapping into TON, wallets, comments and what to check
Toncoin lives inside Telegram for many people. What to know before receiving TON from a swap.
TON is the blockchain closely tied to Telegram, and for a lot of people it is the first coin they ever hold. It is fast and cheap, which makes it a good coin to swap into and out of. A few details are worth knowing first.
Self custody or app wallet
There are two kinds of TON wallets. Self custody wallets like Tonkeeper or MyTonWallet give you your own seed phrase and your own address. Custodial wallets inside apps hold the coins for you, and deposits may be handled through a shared address with a comment.
For swaps, a self custody wallet is the simplest. Your address is yours, no comment needed.
When a comment is needed
If you receive into an exchange or an app wallet, check its deposit screen. If it shows a comment or memo, you must include it. On SwapPrivate, put it in the memo field under the receiving address. Read more in memo and destination tag.
Address formats
TON addresses come in a few formats. You may see addresses starting with UQ or EQ. They point to the same account in different encodings. Most wallets now show the UQ form for receiving, and either one works as a destination.
Sending TON to a swap
Keep a little TON aside for network fees. Send the exact amount to the deposit address on your swap page. TON confirms in seconds, so these swaps are among the fastest. See the TON page or TON to USDT.
Quick answers
Can I receive TON from a swap in the Telegram Wallet?
Check the wallet deposit screen first. Custodial wallets inside apps may need a comment or may not accept transfers from every source. A self custody TON wallet is the simplest choice.
What do UQ and EQ addresses mean?
They are two formats of the same TON address. UQ is the newer non bounceable format that most wallets now show for receiving. Both point to the same account.
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