Megabit Platform Announces Support for TON Network USDT Deposits and Withdrawals Starting November 19

Dear Users,

We are pleased to announce that Megabit Platform will officially enable USDT deposits and withdrawals via The Open Network (TON) on November 19, 2024. This upgrade allows users to manage USDT assets more efficiently with lower transaction fees and faster processing times.

To access this feature, ensure your Megabit app is updated to version 1.0.11 or later.

Key Features

• Blockchain Network: The Open Network (TON)
• Supported Token: USDT (Tether)
• Launch Time: November 19, 2024 (exact timing to be confirmed via platform announcements)

How to Deposit USDT via TON Network

1. Update your Megabit app to v1.0.11+ and log in.
2. Navigate to “Assets” → Select USDT → Click “Deposit”.
3. Choose TON as the network and generate your unique deposit address.
4. Copy this address to your external wallet/exchange and complete the on-chain transfer.

👉 Learn how to optimize crypto transfers for speed and cost

How to Withdraw USDT via TON Network

1. Log in to Megabit app → “Assets” → Select USDT → Click “Withdraw”.
2. Select TON as the network.
3. Enter the external TON-compatible USDT wallet address and withdrawal amount.
4. MEMO/Tag: Verify if the recipient requires a MEMO/Tag (labels may vary by platform). Incorrect entries may result in permanent loss.
5. Confirm details and submit the request.

Critical Safety Reminders

✔ Network Selection: Always double-check the chosen network (TON) to prevent asset loss.
✔ Address Accuracy: Manually verify deposit/withdrawal addresses.
✔ Transaction Fees: TON offers fast transfers, but users must cover gas fees—ensure sufficient wallet balance.

For assistance, contact our 24/7 customer support.

Why This Matters

Megabit continues to expand its multi-chain support, empowering users with flexible, cost-effective crypto management.

👉 Explore secure crypto trading strategies

FAQ

1. What happens if I send USDT via the wrong network?

• Assets may become irrecoverable. Always confirm the network (TON) matches the recipient’s requirements.

2. Is there a minimum deposit/withdrawal amount for USDT on TON?

• Check the platform’s latest fee schedule for thresholds.

3. How long do TON transactions take?

• Typically under 1 minute, though delays can occur during peak congestion.

4. Can I use the same USDT address for other networks?

• No. Each blockchain (e.g., ERC-20, TRC-20, TON) requires a unique address format.

Megabit Team
November 18, 2024