Finder may earn compensation from partners, but editorial opinions are our own. Advertiser Disclosure

How to buy Tokenlon (LON) in the US

A beginner's guide to buying and selling LON in the US.

Tokenlon
LON- USD
DECENTRALIZED-EXCHANGE
$2.13
- $0.02 ( - 0.93%)

How to buy Tokenlon

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Tokenlon.

  1. Open an account on an exchange that supports LON.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Tokenlon.
  3. Buy Tokenlon.
    Complete your Tokenlon purchase and then find the best wallet to store LON.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Tokenlon?

Tokenlon Instant Exchange is a decentralized cryptocurrency exchange based on blockchain technology. It provides real time quotes which means users can get satisfactory trading pair prices. Tokenlon is an instant exchange meaning during the exchange process, the token will not leave your cryptocurrency wallet and the exchange will be completed in the blockchain through the smart contract.

LON is a utility token issued by Tokenlon and is used to encourage participation and expansion in the Tokenlon system. There are two main benefits for being LON token holders. First, by holding LON users can get fee discounts based on the number of tokens held. Currently, Tokenlon users pay a standard 0.30% fee for most transactions. Second, LON holders can participate in the governance of tokenlon. They can initiate Tokenlon Improvement Proposal (TIP), determine the use of the treasury, fee parameters, buyback parameters and other product features.

Tokenlon (LON) is in the top 1,000 cryptocurrencies in the world by market cap, valued at $53,930,435. The current price of Tokenlon is $2.13, which is -1.973% lower than yesterday. Prices have ranged between $2.17 and $2.08 over the past 24 hours. All prices are listed in US dollars and accurate as of October 22, 2021 12:10 UTC.

Where to buy Tokenlon

Find an exchange to buy, sell and trade LON by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

434
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
loading

Compare up to 4 providers


Tokenlon at a glance

Information last updated October 22, 2021 12:10 UTC.
Coin symbol LON
Coin Marketcap US$53,930,435
Total LON supply 113,552,833
Circulating LON 25,342,078
Current price US$2.13
All time high US$9.81
Notable team members Ben He
Industry Decentralized exchange
Token uses Utility token
Network Ethereum

Tokenlon price performance over time

Historical prices compared with the price of US$2.13.

1 hour 0.21%
24 hours -1.97%
7 days -2.54%
14 days -8.17%
30 days 1.95%
60 days -15.32%
200 days -70.32%
1 year N/A

How to sell Tokenlon

You can cash out your LON with the same exchange you bought it through:

  1. Sign in to the exchange you have LON on.
    If you store your Tokenlon in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of LON you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Tokenlon.

What to consider when buying Tokenlon

Before investing in Tokenlon, here are some of the factors to consider:
  • Supply. The maximum supply of coins will have an impact on the price because an increased supply of coins can erode the value of the token. LON’s maximum supply is capped at 200 million and 130 million of them are allocated to the community. According to the Tokenlon “lightpaper”, the 130 million LON will be distributed in two phrases, while the 70 million LON that belong to Tokenlon’s team, other stakeholders and the development reserve will be released over 2 years.
  • Trade fee discount. As a LON holder, one of the main benefits is that you are entitled to a trading fee discount of up to 66%. For example, if you’re not a LON holder, you will pay a trade fee of 0.30%, but if you hold 5,000 LON, you only pay 0.20%.
  • Buyback. Net fees collected by Tokenlon are used to buy back LON, which is then returned to the treasury and staking reward pool. Until LON reaches the maximum capacity, each buyback is designed to trigger the mining of more LON, which are then distributed to mining participants.
  • Staking. As a LON holder, you will be able to access fee discounts and governance rights by staking your LON (locking away your LON rewards).

Disclaimer: Cryptocurrencies, including Tokenlon, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of LON 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 Tokenlon or any other cryptocurrency discussed.


More guides on Finder

  • How to stake Tron

    Find out how to stake your TRX tokens and how Tron’s delegated proof-of-stake consensus mechanism works.

  • How to make NFTs

    Find out all you need to create your own NFTs – the new application of blockchain technology that enables digital ownership of assets.

  • How to buy Illuvium (ILV) in the US

    This guide will show you step-by-step instructions on how to buy the Illuvium (ILV) token as well as a list of exchanges you can trade it on.

  • Socios.com review and guide

    Socios.com is a sporting app that uses blockchain technology to bring fans closer to their preferred football clubs

  • How to stake and earn Tezos (XTZ)

    Find out how to leverage XTZ token holdings to earn interest. Stake in the Tezos blockchain or provide liquidity to a DeFi protocol.

  • How to buy dYdX (DYDX) in the US

    This guide will show you step-by-step instructions on how to buy the dYdX (DYDX) token as well as a list of exchanges you can trade it on.

  • Columbus-5 Terra upgrade: LUNA’s deflationary moment explained

    On September 30, Terra mainnet upgrade Columbus-5 is set to bring a new wave of functionality and investment to Terra and Cosmos.

  • How to buy Monsta Infinite (MONI) in the US

    This guide will show you step-by-step instructions on how to buy the Monsta Infinite (MONI) token as well as a list of exchanges you can trade it on.

  • SuperRare Review and Guide

    True to its name, SuperRare is an NFT marketplace that focuses on crypto art tokenized on the Ethereum blockchain. The result is part marketplace and part social network for the artistic side of the NFT community.

  • What is Rarible? Review and guide

    Buy and sell unique digital assets on the largest NFT marketplace in the crypto space.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site