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Receiving TON from a swap: wallets, comments and address formats

For many people, Toncoin is something they keep inside Telegram. Here is what to check before a swap sends TON your way.

Receiving TON from a swap: wallets, comments and address formats

TON is the blockchain with close ties to Telegram, and plenty of people hold it as their very first coin. Transfers are quick and cheap, so it is a great coin to swap in and out of. Just keep a few details in mind.

Your own wallet or an app wallet

TON wallets come in two flavors. Self custody wallets such as Tonkeeper or MyTonWallet give you your own address and your own seed phrase. Custodial wallets inside apps keep the coins on your behalf, and they may take deposits on a shared address together with a comment.

When you swap, a self custody wallet keeps things simple. The address belongs to you alone, and no comment is required.

When you need a comment

Receiving into an exchange or an app wallet? Open its deposit screen and look. If a comment or memo is listed there, you have to include it. On Swap1337, enter it in the memo field just below the receiving address. Our guide to memos and destination tags explains more.

Address formats

A TON address can be written in a few formats, so you might see one that begins with UQ and another that begins with EQ. Both are different encodings of one and the same account. Most wallets show the UQ version for receiving these days, and you can use either as a destination.

Sending TON into a swap

Set aside a little TON to pay network fees. Then send the exact amount to the deposit address on your swap page. TON confirms within seconds, which puts these swaps among the quickest we see. Visit the TON overview or go straight to TON to USDT TRC20.

Quick answers

Can my Telegram Wallet receive TON from a swap?

Look at the wallet's deposit screen before you start. App wallets that hold coins for you may ask for a comment, or may not accept transfers from every source. A TON wallet where you hold the keys yourself is the easiest option.

What is the difference between UQ and EQ addresses?

They are two ways of writing the same TON address. UQ is the newer, non bounceable format that most wallets now display for receiving. Both lead to the same account.

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