With the recent announcement that The Open Network will be changing the name of its native coin from Toncoin to Gram—with the corresponding ticker changing from TON to GRAM—you may be wondering how to get in on the action. The rollout will take a little while, though, but this is what we know now.
With a market cap of $4,322,071,490.00 USD, Gram (prev. Toncoin) ranks as the 25th largest cryptocurrency by market capitalization in the world. It is currently trading at a price of $1.59 USD per coin and trades using the cryptocurrency code GRAM.
Gram (prev. Toncoin) is a highly volatile asset capable of major price swings in a single day. So before you buy Gram (prev. Toncoin), make sure you understand these unique risks as well as its tax and legal status in Canada.
If you want to buy Gram (prev. Toncoin) in Canada or track its performance, keep reading to see the latest GRAM price, market cap and trading volume along with a step-by-step guide on how to invest in GRAM crypto in Canada.
Gram (prev. Toncoin) (GRAM) summary
| Current price | $1.59 |
|---|---|
| All-time high | $8.25 |
| All-time low | $0.52 |
| 1-year price change | ▼ -47.65% |
| Market cap | $4.32B |
| Market cap rank | #25 |
| Total volume (24h) | $26.21M |
| Circulating supply | 2,726,369,326 |
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.
How to buy Gram (prev. Toncoin) in 5 steps
The whole process of buying GRAM can take as little as 15 minutes, and all you need is a smartphone or computer, an internet connection, photo identification and a means of payment. Follow these five steps to learn how to buy Gram (prev. Toncoin) in Canada:
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Compare crypto exchanges
The easiest way to buy Gram (prev. Toncoin) is through a cryptocurrency exchange. Choose an exchange that offers low fees, a user-friendly platform or 24-hour customer support. You can easily see top picks in our guide to the best crypto exchanges in Canada, or compare options below.
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Create an account
To create an account on an exchange, you will need to provide an email address, come up with a strong password and verify your identity through a process called KYC, which requires government-issued photo ID.
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Make a deposit
Once verified, you can deposit CAD using the payment method that best suits you. Common methods like Interac e-Transfer, bank wire and debit card payments are widely accepted on Canadian-friendly exchanges.
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Buy Gram (prev. Toncoin)
You can now exchange your funds for Gram (prev. Toncoin). On beginner-friendly exchanges, this is as simple as searching for the coin name (Gram (prev. Toncoin)) or its crypto code (GRAM), entering the CAD or GRAM amount you want to purchase and clicking "Buy."
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Secure your Gram (prev. Toncoin)
Consider transferring your GRAM to help protect against hacks, scams, platforms going bankrupt and other risks of keeping crypto on an exchange.
Dive deeper: Our guide to how to trade crypto
Where to buy Gram (prev. Toncoin) in Canada
We've curated a list of legitimate crypto exchanges below where you can buy Gram (prev. Toncoin) in Canada to help you compare deposit methods, supported fiat currencies and fees.
5 of 9 results
Finder Score for crypto exchanges
To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The higher the score, the better the exchange—simple.
Gram (prev. Toncoin) price
The recent Gram (prev. Toncoin) (GRAM) price is $1.59 USD per coin, which is -1.22% lower than the previous day's trading price of $1.61 USD. Over the past 30 days, GRAM's price has changed by -7.94%, from $1.73 USD to the current price of $1.59 USD. Compared to this time last year, Gram (prev. Toncoin)'s price has seen a decrease of -47.65% to its value as a cryptocurrency.
What is Gram (prev. Toncoin)'s all-time high?
Gram (prev. Toncoin) reached its all-time high of $8.25 USD on June 14, 2024, which was a +1,488.48% increase from its previous all-time low of $0.52 USD, which it reached on September 20, 2021. It has since landed at its current price of $1.59 USD.
Historical Gram (prev. Toncoin) price chart
You can use this chart to track GRAM price performance over time.Can I buy Gram (prev. Toncoin) in Canada?
Yes, you can buy Gram (prev. Toncoin) in Canada. Simply open an account with a crypto exchange that operates in Canada and supports Gram (prev. Toncoin)—like the ones in our curated list above—and place a "buy" order.
Because Gram (prev. Toncoin) is decentralized, it isn't tied to any single country. That means you can buy and sell it from anywhere in the world, including Canada, as long as you have internet access.
What will I need to buy Gram (prev. Toncoin)?
To create an account with your chosen crypto platform, you only need an email address or mobile number. This will usually allow you to deposit cryptocurrency, but not CAD.
If you want to buy Gram (prev. Toncoin) with Canadian dollars, you'll need to pass a Know Your Customer (KYC) check.
This is a standard security procedure for most exchanges in Canada and requires you to upload government-issued photo ID, and, in some cases, a selfie with today's date.
KYC is usually approved instantly, but in rare cases, you may have to wait a few hours or days.
Can I buy Gram (prev. Toncoin) with a credit card?
Several crypto exchanges in Canada accept credit cards as an instant purchase method. However, before buying Gram (prev. Toncoin) with a credit card, you should be aware of the additional cost and risks involved.
For instance, credit card fees are usually higher than bank transfers or e‑Transfers. Some card issuers may even block cryptocurrency transactions or treat them as cash advances, which are more expensive. Plus, if you don't pay off your credit card within your statement period, you may end up paying interest on your card balance and losing money if the price moves quickly.
For example, if you were to use a credit card to buy Gram (prev. Toncoin), you could end up paying this:
- Price of GRAM: $1.59 USD
- Purchase amount: 5 GRAM
- Estimated exchange fee (3%): $0.24 USD
- Total cost: $8.19 USD
If it took you three months to pay off your Gram (prev. Toncoin) purchase at a credit card interest rate of 19.99% APR, you would pay an additional $0.41 USD in interest on top of what you originally paid to buy Gram (prev. Toncoin).
This example can help you compare the relative cost of buying Gram (prev. Toncoin) with a credit card versus other lower‑fee methods like Interac e-Transfers.
You can check the table of Canadian crypto exchanges above to see which ones accept credit cards for buying Gram (prev. Toncoin), or visit our guide on buying crypto with a credit card for more details.
Can I buy Gram (prev. Toncoin) with a debit card?
Yes, it is possible to buy Gram (prev. Toncoin) with a debit card, as most Canadian crypto exchanges accept debit cards as an instant payment method.
To buy Gram (prev. Toncoin) with a debit card, you'll typically need to go through the standard steps to purchase crypto on your preferred platform and then select debit from the list of payment options (e.g. Interac e-Transfer, debit card, credit card) before completing your purchase.
Just note that there are often higher fees for crypto purchases with cards (both debit and credit) compared to paying with Interac e-Transfer or with another cryptocurrency.
Is buying Gram (prev. Toncoin) crypto a good investment?
Like any cryptocurrency, buying Gram (prev. Toncoin) can be risky. But there are precautions you can take to help mitigate risk. Consider these general factors before investing in Gram (prev. Toncoin):
- Price volatility: Gram (prev. Toncoin)'s price is largely based on speculation, meaning it can rise or fall quickly. For example, Gram (prev. Toncoin)'s price has decreased by -6.00% in just the last seven days.
- Transactions can't be reversed: Once you submit a transaction to the crypto network, it can't be cancelled or reversed. Double-check the receiving address before submitting a Gram (prev. Toncoin) purchase order or moving Gram (prev. Toncoin) off an exchange. One good way to do this is to verify the first and last four digits of the wallet address before sending. There is no way to refund Gram (prev. Toncoin) sent to the wrong address.
- Regulatory uncertainty: The regulatory environment for Gram (prev. Toncoin) and other cryptocurrencies is constantly changing. It's important to understand how international rulings have the potential to impact Gram (prev. Toncoin)'s future—for better or worse.
Where to store your Gram (prev. Toncoin) once you buy it
There are two main options for storing Gram (prev. Toncoin) once you've bought it—keep it on an exchange or store it in your own personal wallet. Take a look at our guide to the best crypto wallets in Canada to see our top picks.
While it can be more convenient to leave your Gram (prev. Toncoin) on an exchange, you're vulnerable to risk if the exchange gets hacked or compromised in another way.
It's generally much safer to store your crypto on a software or hardware wallet, which gives you full control and custody of your coins.
How is Gram (prev. Toncoin) taxed in Canada?
Like all crypto, Gram (prev. Toncoin) is considered a commodity for tax purposes by the Canada Revenue Agency (CRA). That means it will be taxed similarly to other investments like stocks and ETFs.
Money you get from selling Gram (prev. Toncoin) can be treated as income or capital gains. That said, the CRA will tax crypto profits differently if you're a casual Gram (prev. Toncoin) buyer than if your crypto profits are classified as business income.
You can learn more about how crypto taxes work in our guide to crypto tax in Canada.
Bottom line
Keep in mind that buying Gram (prev. Toncoin) can be risky. But if you decide to invest in Gram (prev. Toncoin), look for a regulated crypto exchange in Canada that supports GRAM, and make sure to store your crypto securely.
Once you've bought Gram (prev. Toncoin), think about your short and long-term goals. Crypto markets can be very volatile, so keep an eye on Gram (prev. Toncoin)'s price over time to decide whether to keep it on an exchange, sell it or move it to your wallet.
Frequently asked questions about buying Gram (prev. Toncoin) in Canada
Sources
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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