Telcoin is one of over 2,000 coins and tokens supported by LetsExchange. Therefore, you can buy this coin directly on our platform. It is an ERC20 token on the Ethereum blockchain.
Now, let’s check in more detail whether this coin is worth spending some money on and whether it can deliver some profit in the future.
What Is Telcoin (TEL)?
The Telcoin project aims at providing users with an efficient, cheap and secure way to send digital remittances via electronic wallets and mobile platforms.
Even though technology is already developed a lot, we still experience many delays and inconveniences when sending funds internationally. Telcoin aims to enable the use of blockchain technology as a bridge between crypto and fiat.
For now, the project supports several e-wallets and mobile money platforms and is seeking partnership with AT&T, Verizon, and other providers to make money remittance cheap and fast.
With a market capitalization of $130,973,186, Telcin is rated 227 among other coins.
How Does Telcoin Work?
Telcoin leverages the best features of the Ethereum blockchain. Now, the project features the following components:
- Network
- Communication companies
- People who subscribe to it
Telcoin takes care of the wallets on the network and the implementation of all transactions. The network users have a full control over their money, like it shall be the case with all decentralized currencies.
- Token owners can send their tokens to any peer account in the network.
- All transactions are affordable with an average fee of 7% (it shall be reduced in the future).
- The blockchain technology makes all transfers almost instantaneous.
- Users can make any transfers directly from their mobile phones.
- Telcoin is supported by multiple wallets (those that support ERC20 tokens).
Where to Buy Telcoin
Telcoin is traded by all the major cryptocurrency exchanges such as KuCoin, Bybit, Phemex, Bitget, and others. This token is also listed on LetsExchange where you can get it with one of over 2,000 coins and tokens supported by the platform.
How to Buy Telcoin
To buy Telcoin on LetsExchange, you have to open a cryptocurrency wallet that supports ERC20 tokens. After doing so, import Telcoin to the wallet. Then, the information on the token becomes available such as transactions history, balance, etc.
Now, you can purchase Telcoin. To do so, perform the following steps.
Move to the the page with the widget.
In the You Send field, choose the coin you are going to sell (BTC in our example) and type in the amount you want to swap for TEL.
In the You Get field, choose Telcoin. Make sure you select it in the right network. While it is an ERC20 token, it is supported by multiple networks.
The amount of coins that you will get is calculated automatically.
In case you have a valid promo code, provide it in the respective field. You will get some coins for using it.
Now, hit the Exchange button.
You will be displayed the following window.
There, copy-paste or scan your wallet address to receive TEL. You may want to provide a refund address if you want - if something goes wrong, we will send your coins back there.
Click on the Next button.
Send a deposit to the indicated wallet address. After you do it, your transaction will be processed, and your TEL coins will be sent to your wallet.
Is Telcoin a Good Investment?
Yes, Telcoin is trying to solve the most painful issue of all users - delays and high fees for sending funds. At the moment, we cannot say that 7% is a very low fee indeed, but we hope that in the future, the project will improve this value.
All in all, TEL may be a very wise investment that will deliver profit later.
Conclusion
Telcoin is working on making money transfers available to anybody, fast, and cheap. In the future, it may become the foundation for a new financial system and therefore, it is worth checking more closely whether you want to invest in it now.
FAQ
Which exchange is Telcoin on?
Telcoin is listed on all major exchanges such as KuCoin, Bitget, Phemex, etc.
Where can you buy Telcoin in the USA?
This crypto can be bought on LetsExchange with over 2,000 coins and tokens.
Where can I buy TEL crypto?
You can buy TEL on LetsExchange or any other major cryptocurrency exchange.