To sell Toncoin for naira, send TON to your Snapiro TON address on the TON network with the memo shown in the app, sell it at the rate on screen, then withdraw the naira to your Nigerian bank.
The memo matters. Wallets and exchanges may call it a memo or a comment, and a TON deposit sent without it can’t be credited to your wallet. Copy both the address and the memo, every single time.
Plenty of people picked up TON through Telegram. Here’s how the rate is worked out, where the memo goes in Tonkeeper or on an exchange, the steps from your wallet to your bank, and what it costs.
What you need
- The Snapiro app on Android or iPhone, from the download page.
- A verified BVN or NIN. Depositing works on Tier 1 (email and phone verified), but selling crypto needs Tier 2, which means a verified BVN or NIN. Here’s how to verify your BVN.
- A transaction PIN to confirm every sale and withdrawal.
- A bank account in your verified name, for withdrawing the naira.
- Toncoin on the TON network, in an exchange or a wallet such as Tonkeeper or Wallet in Telegram, as long as it lets you add a memo or comment.
How the TON to naira rate works
Toncoin’s dollar price moves through the day. Snapiro’s rate is TON’s US dollar price multiplied by the naira-per-dollar rate.
An example with made-up round numbers:
| Example | Figure |
|---|---|
| TON you sell | 150 TON |
| Example TON price | $3 |
| Dollar value | $450 |
| Example naira rate | ₦1,400 per $1 |
| You get | ₦630,000 |
Real prices change constantly, so check the live figure on the Toncoin rate page or the rate calculator, which works without an account.
There’s no separate selling fee. Snapiro’s margin is built into the rate, so the naira you see before you confirm is the amount you get.
The network, the memo and what you can send
Snapiro accepts Toncoin on the TON network. A TON deposit needs two things:
- The address. TON addresses usually start with UQ or EQ. Those are two formats of the same kind of address, so don’t try to edit or convert it. Just copy and paste.
- The memo. In Tonkeeper the field is called Comment; exchanges may call it Memo, Comment or Tag.
On the Deposit screen you’ll see the address, then Memo (required) with a Copy memo button, and the warning: “Always include the memo. A TON deposit without it can’t be credited to your wallet.”
Only Toncoin itself
Snapiro credits native TON only. USDT on TON, Notcoin and other jettons (tokens on the TON network) aren’t supported, even if they sit in the same wallet as your Toncoin. In Tonkeeper, make sure the asset you pick on the Send screen is TON.
How to sell TON on Snapiro, step by step
1. Get your TON address and memo
Open Home and tap TON under Sell a coin, or go to All wallets › TON, then tap Deposit. If no address shows, tap Create address. It usually takes under a minute, so pull down to refresh. You only do this once. The help centre has a guide to creating a deposit address.
2. Send the TON with the memo
In your wallet or exchange, tap Send or Withdraw and choose TON. Paste your Snapiro address, then go back to Snapiro, tap Copy memo and paste it into the Comment or Memo field. Enter the amount and check both fields before you confirm. Keep the TxID.
3. Wait for it to land
The deposit is credited once the network confirms it, and you’ll get a “Deposit Confirmed!” notification. There’s no Snapiro minimum deposit.
4. Sell the TON
On the home screen, tap TON under Sell a coin (or open All wallets › TON), then tap Sell. Type an amount under Amount to sell or tap Max. The card shows the coin rate, the naira rate and You get (estimate). With the example numbers above it would read Rate 1 TON = $3 and Naira rate $1 = ₦1,400. Tap Sell TON and enter your transaction PIN.
The naira lands in your naira wallet straight away. The sale shows under Activity, and you get a push notification and an email.
5. Withdraw or spend
Add a bank account in the same name as your verified name, on any Nigerian bank or wallet on NIBSS (OPay, Kuda, Moniepoint and PalmPay included), and withdraw to it. The minimum withdrawal is ₦1,000 and each one costs ₦200.
Or keep some in the app. The same naira balance can pay for airtime, data, electricity and TV, with 1% cashback on each payment.
What it costs
- The TON network fee, charged by your exchange or paid from your wallet. It doesn’t go to Snapiro.
- ₦200 per naira withdrawal to your bank.
With the example above, 150 TON sells for ₦630,000. Withdraw it all in one go and ₦629,800 reaches your bank. Tier 2 can withdraw up to ₦100,000 in 24 hours, so a withdrawal this size needs Tier 3, which comes with verifying both BVN and NIN. Every charge is on the fees page.
Mistakes to avoid
Leaving out the memo. Without it, the deposit can’t be credited automatically.
Typing your own note in the comment. Wallets let you write anything there. For Snapiro it must be the exact memo from the Deposit screen.
Sending USDT or another jetton. Only Toncoin is supported on the TON network.
Trusting a stranger on Telegram. Snapiro staff will never DM you for your PIN. Learn how to spot scammers who pretend to be support.
Forgot the memo?
Message support from the Support tab in the app straight away, with the TxID of the transfer. The team will look into it, but a missing memo can’t always be fixed, so check before you send.
Other coins on Snapiro
XRP also needs a memo, called a destination tag there, and selling XRP for naira shows where it goes. For USDT, read the guide to selling USDT for naira.
Questions people ask
Is the memo the same as the comment in Tonkeeper?
Yes. Paste Snapiro’s memo into Tonkeeper’s Comment field, or the Memo field on an exchange.
Can I send USDT on TON to Snapiro?
No. Only Toncoin on the TON network is credited. USDT and other jettons on TON aren’t supported.
Do I need to verify my account to sell TON?
Yes. Depositing works on Tier 1, but selling crypto needs Tier 2: a verified BVN or NIN. Withdrawing naira also needs Tier 2 and a bank account in your verified name. See verification tiers and limits.
Double-check the memo before you send. Once your TON lands, today’s figure is on the Toncoin page.
