Bybit
Top CEX for buying TON from Russia in 2026
2018
Open
Recurring
8.5/10
Pros
- Open Russia access without VPN, P2P in rubles via SBP
- Deep TON/USDT liquidity on spot and perpetuals
- Recurring Proof of Reserves (Merkle tree, monthly)
- Covered $1.4B February-2025 hack from own reserves — stress test passed
- Low fees: 0.1% spot, down to 0.02% for VIP
Cons
- Mandatory full KYC (passport + selfie)
- Despite the coverage, the February-2025 hack is a serious operational-security signal
- Restricted in the United States and Canada
About the exchange
Bybit is a Dubai-based derivatives exchange that became the dominant CEX on-ramp for Russian-speaking users between 2023 and 2025 — P2P in rubles works without a VPN, KYC accepts RU passports, transfers go through SBP/Tinkoff/Sberbank. Full TON support: spot, P2P, perpetuals, native-network deposit and withdrawal. Publishes Proof of Reserves through Merkle tree on a recurring basis. In February 2025 the platform suffered the industry's largest hack to date (~$1.4B cold-wallet exploit attributed to Lazarus Group), covered the losses from reserves plus borrowed liquidity, and continued operating without an outage — a stress-test that demonstrated the depth of its protection fund.
TON support
- TON spot
- Yes
- TON P2P
- Yes
- TON perpetuals
- Yes
- TON deposit / withdraw
- Yes
- TON pairs
- TON/USDT · TON/USDC · NOT/USDT · DOGS/USDT · HMSTR/USDT
Operational facts
- Headquarters
- Dubai, UAE
- KYC
- Full
- Trading fees
- 0.1% maker / 0.1% taker (spot); VIP-скидки до 0.02%
- Fiat on-ramp
- RUB via P2P (SBP, Tinkoff, Sberbank) · Visa/Mastercard cards (non-residents)
- Insurance fund
- Bybit Protection Fund
Incidents and regulation
- February 2025: cold-wallet exploit ~$1.4B (attributed to Lazarus Group); losses covered from reserves and borrowed liquidity
Editorial score
Editorial opinion, not a financial recommendation. Each axis is 0–10.
- Security 7.0/10
- UX 9.0/10
- Features 9.0/10
- TON liquidity 9.0/10
- Overall 8.5/10
Official links
Related reading
- May 21, 2026
Bybit for Buying TON: Step-by-Step Guide 2026
- May 17, 2026
Bybit vs OKX vs MEXC for buying TON in 2026
- Apr 22, 2026
How to buy TON (Toncoin) in 2026: 5 routes
- May 21, 2026
How to Buy TON via P2P on Bybit and OKX in 2026
- May 17, 2026
Storing TON on a CEX vs a Wallet: Risks and Trade-offs 2026