#TON
Toncoin (TON) is the digital currency of The Open Network, which is a blockchain project originally developed by the Telegram application team, and is now open source and managed by the community.
1. Fees (transaction costs) on the TON network:
Network fees in TON are considered very low, and some of its features are:
Transfer fees: start from about 0.003 to 0.05 TON approximately (depending on network congestion and transaction size).
Smart contract fees: vary depending on the type of smart contract or decentralized application (DApp) used, but remain lower than fees on networks like Ethereum.
Transfers between wallets: are very fast and can be completed within seconds.
> As an example, if the price of TON is around $7, then a fee of 0.01 TON = approximately $0.07.
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2. Can the fee be changed?
Yes, some wallets like Tonkeeper or Telegram Wallet allow you to choose the fee level (normal / fast) depending on how quickly you want to execute the transaction.
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3. Quick comparison with other networks:
Network Average Fee Transaction Time
TON Very Low Seconds
Ethereum Relatively High Minutes
BNB Chain Low Seconds
Solana Very Low Very Fast