In order to do any kind of trading with Telcoin (TEL), you’ll need either Bitcoin (BTC) or Ethereum (ETH). The purpose of this post was to provide you with a quick guide to buy Telcoin with Binance & Coinbase exchanges. Follow the below process to buy Telcoin from Coinbase or Binance. These are one of the major cryptocurrency exchanges, so that you can determine where you can buy cryptocurrency with an existing bank account or credit card. Learn the best ways to trade cryptocurrency and where to buy telcoin in USA, IND, UK.
Before directly jump to buying Telcoin (TEL) know its basic function, risks, worth of investment, and why Telcoin (TEL) was created/invented
What Is Telcoin (TEL) Token?
The Telcoin (TEL) platform is a decentralized, user-owned, user-owned, native medium of exchange, reserve asset, and protocol token. Through TEL, end users can access a global range of decentralized, user-owned financial products. The Telcoin ecosystem aims to supply fast, affordable, user-owned financial products to every mobile phone user in the world by aligning the incentives of market participants, such as telcoms and users, to provide specific value added services to end users.
Telcoin Pte. Ltd. Telcoin was established in Singapore in July 2017 as a platform to enable decentralized financial services on mobile devices. Our first product, Telcoin Remittances, focuses on transferring digital money to mobile money platforms and electronic wallets at high speeds and low costs. With Telcoin Remittances, you can send money to any country through any telcom, mobile money, or e-wallet provider.
Singapore’s Monetary Authority regulates Telcoin as a Major Payment Institution. Besides Canada and Australia, Telcoin is also a registered and regulated entity in a number of other global markets and has offices in Singapore, Tokyo, Dubai, and Los Angeles. In February 2018, Telcoin joined the GSMA as an active member.
Founders of Telcoin?
Founded in 2017, Telcoin is led by Paul Neuner, a seasoned entrepreneur with more than a decade of experience in the telecommunications and cybersecurity space. He graduated from The University of Notre Dame and has lived and worked all over the world, primarily in the Middle East and Asia.
What Makes Telcoin Different from Other coins?
The Telcoin project aims to turn decentralized finance into seamless, automated, user owned applications, which are then distributed via telecommunications to every mobile phone user in the world.
How Many Telcoin (TEL) Tokens Are Produced?
On the network, there are a maximum of 100,000,000,000 Telcoin tokens in circulation. At present, approximately 50 percent of the tokens have been issued (50,270,110,195 TEL).
The Ethereum blockchain has been used to build Telcoin. At the time of the launch of its tokens in 2017, 25 percent of the tokens were distributed to investors in a crowdsale. The Telcoin Team retained another 15 percent, plus a 5 percent liquidity fund.
Is Telcoin (TEL) Token Secured?
Telcoin is a native ERC-20 token on Ethereum, one of the world’s most secure computing networks. Users can securely store and transact their assets via the Telcoin Mobile Application, which allows them to generate and store alpha-numeric private keys or 12 to 24 word secret phrases in a 2 for 3 multi-signature Ethereum wallet and never worry about the security of those properties again.
Now the main question comes where can I buy Telcoin (TEL) and how to buy it? We have shared a step by step guide for you to buy Telcoin (TEL).
Where & How to Buy Telcoin (TEL) with Binance & Coinbase exchanges.
Several phishing cases have been reported over the past years that were imitations of the original sites. It is crucial to scrutinize the URL carefully before visiting a site. You can verify a site’s authenticity by looking for the ‘Secure’ certificate in your address bar. As a second precaution, bookmark the authentic site to avoid confusion in future searches in order to ensure extra safety while trading on the platform.
Step 1: Download any application from this link Binance , Coinbase or KuCoin app. You will receive $5-$10 each, for Coinbase you will guarantee to receive $10 if you download the app from a link shared. And if asked for referral code for Binance – 26712751, Coinbase – 9X5FH9, KuCoin – rB1668G Use these referral code when installing the application or signing up to receive rewards.
Then fill all your details with a strong password including lower and upper case words and special characters. You can register your mobile number to receive OTP code and then later you will need to download another app ie: google authenticator that is for security purposes.
Step 2: Then once you have installed any of the apps mentioned above you need to complete KYC and then you can buy BTC or ETH to buy Telcoin (TEL).
Suppose you have purchased any of the coins from Coinbase you will need to download the Coinbase wallet and transfer your coin from Coinbase app the Coinbase wallet and search for Telcoin. It will show you the option to buy the coin then with BTC or ETH you can convert or buy the Telcoin easily.
Or If you have purchased BTC or ETH from Binance you will need to download KuCoin app and then transfer your coin to KuCoin and then you can buy or convert Telcoin (TEL).
These are the simple ways to buy Telcoin (TEL) from Binance, Coinbase or Kucoin applications.
TIP: Need to take precautions when transferring funds from 2 different wallets, check the address network you are transferring. Make sure you are transferring you funds to the same network.
Can I buy Telcoin with cash?
Sadly, the answer is no. Telcoin cannot be directly purchased using cash. However, you can use marketplaces like LocalBitcoins to first buy Bitcoin and then transfer it to respective AltCoin exchanges.
How to buy Telcoin while living in Europe? Easy and quick ways
You may be able to buy cryptos in Europe in a simple and quick manner. Europe even has online banks that facilitate the transfer of money between buyers and exchanges such as Coinbase and Coinmama. Bunq, N26, and Revolut are among the banks that are common as online banks in Europe.
How to buy Telcoin (TEL) Token in India, USA, UK?
You can buy Telcoin (TEL) token using the above step-by-step method, the most common method is via Binance app as it is the most secure and user friendly application you can buy Telcoin from or any other crypto tokens.
Is it possible to use credit cards to purchase Telcoin or Bitcoin?
Credit cards are the preferred method of purchasing Bitcoin. This service provides an automatic cryptocurrency exchange that enables buyers to buy crypto fast with a credit card and exchange crypto fast. Because it has a simple user interface and offers easy instructions, it has been designed to allow users to easily buy cryptos.
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