Headline: Binance to replace TON ticker with GRAM — automatic 1:1 swap, key dates and trading deadlines
Binance has confirmed it will support the Toncoin rebrand to Gram and handle the technical token swap on behalf of users. The exchange will convert all TON balances to GRAM at a 1:1 ratio, automatically — meaning spot holders do not need to perform a manual token swap on their own.
Key timeline (all times UTC)
- June 23
- 08:30 — New orders on the TONUSDT USD‑M perpetual futures contract are disabled.
- 09:00 — Binance Futures will close all TONUSDT USD‑M perpetual positions and settle the contract. Traders should monitor positions closely in the final hour; reduced liquidity and volatility may affect settlement.
- June 23 (date-only) — TON will be removed from cross and isolated margin.
- June 26
- TON Simple Earn products stop accepting new support; remaining positions will be redeemed to spot accounts and, where applicable, resubscribed as GRAM products after the swap.
- June 30
- 03:00 — All TON spot trading pairs will be removed. Affected pairs include TON/FDUSD, TON/IDR, TON/TRY, TON/U, TON/USD1, TON/USDC and TON/USDT. All pending TON spot orders will be canceled when trading stops.
- 03:30 — Deposits and withdrawals of TON will be suspended. Users who deposit TON to Binance close to the cutoff should leave enough time for on‑chain processing.
- July 2
- 07:00 — GRAM deposits and withdrawals will reopen (one hour before spot trading).
- 08:00 — GRAM spot trading pairs will open (GRAM/FDUSD, GRAM/IDR, GRAM/TRY, GRAM/U, GRAM/USD1, GRAM/USDC, GRAM/USDT).
Services affected
- Binance says Margin, Loans, Simple Earn, Dual Investment, Pay, Gift Card, Convert, and Buy & Sell Crypto will have separate deadlines and adjustments tied to the rebrand. Users should check the platform notices for specific cutoffs and required actions.
What this means for users
- Spot holders: Binance will automatically swap eligible TON balances to GRAM at 1:1 after the rebrand — no manual swap required.
- Futures/margin/product users: You may need to close or adjust positions before the stated deadlines to avoid forced settlement, cancellations or other disruptions.
- Depositors: Deposits of TON to Binance after the suspension time will not be accepted; make sure transfers have enough confirmation time.
Context
- The rebrand restores the “Gram” name originally used in Telegram’s first TON white paper; Pavel Durov has said the rename does not require a network‑level token swap. The TON name will remain for the network while GRAM becomes the token ticker on Binance.
- Market response: Toncoin saw renewed trader interest in early June after the Gram plan was announced — trading near $1.71 on June 12 with about a 4% 24‑hour gain, per earlier reporting.
Bottom line
Binance gives holders a clear timetable. Spot users can rely on the automatic 1:1 conversion, but traders using futures, margin, loans or other products should review and act before the listed deadlines to avoid forced settlements, canceled orders or asset inaccessibility. Check Binance’s official notices for the full technical and timeline details.
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