What is TON Teleport?
TON Teleport - is a decentralized, trustless bridge that allows users to securely transfer Bitcoin between the Bitcoin and TON blockchains without relying on central intermediaries. It ensures that every BTC on TON is fully backed by real BTC on the Bitcoin network, allowing users to use BTC in the TON ecosystem for various DeFi applications, with full transparency and autonomy.

How does the process of transferring BTC to TON work?
The BTC transfer process via TON Teleport BTC allows users to send BTC from the Bitcoin network to TON in a secure, decentralized manner. First, users send BTC to a unique address associated with TON Teleport. After three confirmations on the Bitcoin blockchain, an equivalent amount of tgBTC is issued on the TON blockchain. Users can then use tgBTC in the TON ecosystem or convert them back by burning tgBTC, which allows the BTC to be returned to the user's Bitcoin address.