Binance Confirms Support for Toncoin (TON) Rebrand to Gram (GRAM), Sets Delisting Date

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Binance Confirms Support for Toncoin (TON) Rebrand to Gram (GRAM), Sets Delisting Date

Binance, the world’s largest cryptocurrency exchange by trading volume, has officially confirmed its support for the upcoming rebranding of Toncoin (TON) to Gram (GRAM). The transition marks a significant branding shift for the token originally developed by the Telegram team.

Delisting Timeline and Trading Suspension

According to Binance’s official announcement, all existing TON spot trading pairs will be delisted at 3:00 a.m. UTC on June 30. At that time, all open orders on TON pairs will be automatically canceled. Traders holding TON on the exchange do not need to take any action, as the rebranding will be executed automatically on the platform.

New GRAM Trading Pairs Go Live July 2

Trading for the newly branded GRAM token is scheduled to begin at 8:00 a.m. UTC on July 2. Binance will list seven initial trading pairs: GRAM/FDUSD, GRAM/IDR, GRAM/TRY, GRAM/U, GRAM/USD1, GRAM/USDC, and GRAM/USDT. The inclusion of fiat and stablecoin pairs indicates the exchange’s confidence in the token’s liquidity and market demand post-rebrand.

What This Means for TON Holders

For current TON holders on Binance, the transition is expected to be seamless. The exchange will handle the token swap internally, meaning users will see their TON balances automatically converted to GRAM without needing to withdraw or manually exchange tokens. However, traders should be aware of the 48-hour gap between the delisting of TON pairs and the opening of GRAM trading, during which no spot trading will be available for this asset.

Background of the Rebrand

The rebranding from Toncoin to Gram reflects a return to the original name used during Telegram’s blockchain project, the Telegram Open Network (TON). The project faced regulatory challenges from the U.S. Securities and Exchange Commission (SEC) in 2020, leading Telegram to discontinue its involvement. The community-driven TON Foundation later revived the project under the Toncoin name. The shift back to Gram signals a strategic effort to reconnect with the project’s roots and clarify its brand identity in the competitive layer-1 blockchain space.

Conclusion

Binance’s support for the TON-to-GRAM rebranding provides clarity and continuity for traders and investors. The exchange’s structured transition plan, with a clear delisting date and immediate listing of new trading pairs, minimizes disruption. As the rebranding approaches, market participants should monitor official Binance announcements for any updates and ensure their trading strategies account for the brief trading pause.

FAQs

Q1: Do I need to do anything if I hold TON on Binance?
No. Binance will handle the automatic conversion from TON to GRAM. Your balance will be updated after the swap is complete.

Q2: Will TON withdrawals be affected during the rebranding?
Binance has not specified any changes to withdrawal functionality, but it is advisable to check the exchange’s status page closer to the delisting date for any temporary suspensions.

Q3: What is the difference between Toncoin and Gram?
Gram is the original name of the token from Telegram’s TON project. The rebranding from Toncoin back to Gram is a strategic move to unify the project’s identity and honor its origins.

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