How to Buy Telcoin (TEL) in 4 Easy Steps

Price updated 3 mins ago

Quick Answer:

You can buy Telcoin and have it in your wallet in less than one hour in 4 simple steps:

  1. Find the best exchange that sells Telcoin.
  2. Register a new account.
  3. Fund your account.
  4. Buy Telcoin.
TEL
$0.0026974142561743

These steps are simple if you know where to buy Telcoin cryptocurrency -- but knowing where to buy is the hard part.

Many cryptocurrencies are only offered on less well-known exchanges, and finding the best place to buy Telcoin (TEL) and then figuring out if that exchange is trustworthy is more than most people - even experienced crypto traders - can handle!

We've done all the hard research for you. Let's get started.

Step 1Find the Best Telcoin Exchange

Ultimately, doing your own research in crypto is the best way to learn the processes of moving your money, finding promising investment opportunities, and buying and selling cryptocurrencies.

We have done years of work to make this as simple as possible for you.

Why You Should Trust Our Recommendations

346

We started with 346 crypto exchanges.

We start by evaluating our comprehensive list of 346 exchanges that we have spent 7+ years and 600+ hours gathering data on.

39

Only

39

of these exchanges sell Telcoin.

We then filter down the entire set of possible marketplaces to only the ones that have active TEL markets.

17

Only

17

of these exchanges have $100m in daily trade volume.

We then remove any exchanges that don't have adequate trading volume to make buys and sales of all sizes.

6

Only

6

remaining exchanges received a 7/10 Trust Score.

We give each exchange a trust review rating using history, longevity, proof of reserves, and reputation.

1

Apply our editorial review process to rank the remaining exchanges.

We manually review the remaining candidates to declare a winner.

The Winner is Kraken

VISIT Kraken Read Review
Reasons we ♥ Kraken
Top-Notch Security
Advanced Trading Options
Educational Commitment
Competitive Fee Structure
Exceptional Customer Support
CRYPTOCURRENCIES: 254
FUNDING:
Bank Transfer (ACH)
,
Wire Transfer
,
Paypal
,
SEPA
,
Interac
,
BLINC
,
CHAPS (ClearJunction)
,
FPS (ClearJunction)
,
SWIFT
,

Step 2Register Your New Account

Registering for a Kraken account is a straightforward process designed to give users quick access to its cryptocurrency trading services. The process emphasizes both ease of use and security, ensuring a smooth start for new users.

Here's a step-by-step guide on how to register:

  1. Visit the official Kraken website.
  2. Click on the "Create Account" button located in the upper-right corner of the homepage.
  3. Enter your email address, choose a username (which cannot be changed later), and create a strong password.
  4. Read and agree to Kraken's Terms of Service and Privacy Policy, then click the "Create account" button.
  5. Check your email for an activation message from Kraken, which will include an activation key.
  6. Enter this activation key on the account activation form, or click the link provided in the activation email.
  7. Confirm your password and complete any required captcha verification.
  8. Once these steps are completed, your Kraken account will be successfully created and ready for use.

Step 3Fund Your Account

Once you have registered or logged in to your account at , there are several funding methods you can use to buy Telcoin cryptocurrency.

You can buy Telcoin on using:

Please select listing to show.

  • Bank Transfer (ACH) 3-5 business days processing time
  • Debit Card Instant processing time
  • Wire Transfer 1-3 business days processing time
  • Paypal Instant processing time
  • Apple Pay Instant processing time
  • Google Pay Instant processing time
  • SEPA 1-3 business days processing time
  • EFTCAD 3-4 business days processing time
  • Interac Instant processing time
  • SGD Transfers 2-3 business days, Same day for a fee processing time
  • 3D Secure Card UK Instant processing time
  • Easy Bank Transfer UK Less than 2 hours processing time
  • Faster Payments UK 1-3 business days processing time
  • Instant Card Cashouts UK Instant processing time
  • PayPal UK Instant processing time

Step 4Buy Telcoin (TEL)

After registering and funding your account at , you should be able to buy Telcoin after your deposit finishes processing. After you receive your TEL, make sure to secure it and follow best security practices to avoid losing it scams or hacks.

Best Telcoin Exchanges

Telcoin is also available on these exchanges:


Frequently Asked Questions

Yes, Telcoin is safe to buy. It is listed for trade on some of our top-rated exchanges including Binance, Zengo, Coinbase Exchange, Bybit, OKX, Kraken, KuCoin, Gate.io, BingX.

You can buy Telcoin instantly at Binance, Zengo, Coinbase Exchange using their instant buy feature or a credit card.

Yes you can buy less than one (1) TEL. Cryptocurrencies in general are divisible to 16 decimal places.

To buy Telcoin, you will need to deposit funds into your exchange account - which usually has no fees - and then buy TEL, which will incur a trading or purchase fee; usually 0.1-3% depending on the exchange.

You can buy $1 of Telcoin at Binance, Zengo, Coinbase Exchange.

Telcoin Investment & Buying Guide

From $0.00017 on January 1st to $0.05987 on May 10th, the more than 35,000% price increase alone makes this an incredibly attractive proposition to altcoin traders looking for a bargain.

For those who trade on fundamentals, knowing that this technology solves a real-world problem presents the greatest attraction as a long-term investment. In 2019, $573 billion was remitted globally, with $422 billion sent to developing countries. The key selling points are:

  • Instant transfers sending money in just a few seconds
  • Affordable fees that cut the average remittance from 7% down to 2%
  • Compatible with mobile operators and e-wallets globally
  • Blockchain-powered with an Ethereum network design that ensures security

The tokenomics are another important reason to invest:

  • 25% were sold in the crowd sale
  • The Telcoin team kept 15%
  • 5% was held in a liquidity fund
  • 50% is used for operator incentives
  • 5% is used for community incentives

So far, with 50.2% of the tokens issued, there remains a lot of scope for growth and future investment. 

Where can I buy Telcoin (TEL)?

The best place to buy Telcoin (TEL) is on KuCoin, where there are three market pairings current listed:

  • TEL/USDT
  • TEL/BTC
  • TEL/ETH

DeFi traders who want to buy TEL on decentralized exchanges will find it on Balancer and 1INCH. 

What is Telcoin (TEL)?

The ambition of Telcoin is to reimagine digital remittances and make instant, low-cost money transfers easy by leveraging the Blockchain. Built on Ethereum back in 2017, the Singapore-based company wants to unite cryptocurrencies, the Blockchain, and telecoms to compete with Western Union.

By forging partnerships with multinationals like Verizon and AT&T, Telcoin can make the relationship between billing platforms and digital cash much more streamlined, especially for the remittance market (those sending money overseas in different currencies). People sending money abroad or to their home countries are open to exploitation from services like Western Union which can charge very high percentages to facilitate the transfers. 

TEL, the coin backing the project, is an ERC-20 token, meaning it is built on the Ethereum blockchain. Part of its function in the ecosystem is to make payments on e-commerce websites using Telcoin for money transfers. 

How Telcoin Works

  • Rather than needing to buy Telcoin (TEL), Telecom operators earn TEL based on transaction volumes and integrations maturity.
  • Telcoin is assimilated into existing fee models for billing and transferring money, with the fees being deducted from TEL issuance, making it cheap for users and profitable for networks.
  • Introduced telecoms to the world of DeFi, helping them move forward sustainably and in line with the cryptocurrency revolution.
  • Can be integrated with existing telecom mobile money wallets, being added as an extra choice for remittance, alongside well-known merchants such as Western Union
  • There are five mobile phones for every bank account in existence. Yet, people still use in-person services such as Western Union to transfer money, so Telcoin focuses on solving the remittance issue.
  • By leveraging the blockchain to keep costs low, Telcoin (TEL) solves a problem for cross-border workers in the developing world, particularly those who need to send money back to their families. By partnering with telecom operators and digital wallet companies, they can reach many potential users with a service that requires zero in-person interactions.
  • As a decentralized asset, ownership belongs to the person with the private keys, which is the user. This also makes them entirely responsible for their security, with this non-custodial approach being incredibly popular with many cryptocurrency traders and enthusiasts.
  • The TEL network incentivizes telecom operators to hold and use the coin, with more rewards available based on the holding size.

History of Telcoin

Paul Neuner and Clause Eguienta co-founded Telcoin in 2017 to help improve the global money transfer system. Neuner worked as an entrepreneur for 12 years in telecoms, launching Mobius, a mobile fraud management tool, before starting Pangea K.K, a mobile software development company in Tokyo. He then started a mobile events app called Ikou and a telecom fraud management service called Sedona. Clause Eguienta has an MS in computer science and comes from a background in tech and financial services. Together, their expertise has allowed them to build a company valued in the billions of dollars.

 

Telcoin (TEL)
Price
$0.0026974142561743
24h Change
3.9
7d Change
-17.3