$0.006916
19.66%
$0.005744
24h Range
$0.007453
Market Cap
$635,391,059.3
Fully Diluted Valuation
$691,619,113.6
24 Hour Trading Vol
$14,410,233.8
Circulating Supply
91,870,083,811.0
Total Supply
100,000,000,000.0
Max Supply
100,000,000,000.0
Telcoin Price
$0.006916
24h Range
$0.005744 - $0.007453
Percent Change 1h
0.68%
Percent Change 24h
19.66%
Percent Change 7d
12.9%
All-time high
$0.064
All-time low
$0.00006474
1D
7D
1M
1Y
All
Telcoin (TEL) is a cryptocurrency designed to bridge the gap between traditional financial systems and the blockchain ecosystem, particularly focusing on serving the unbanked and underbanked populations across the globe. Launched in 2017, Telcoin aims to facilitate fast and affordable remittances through a decentralized network, utilizing the Ethereum blockchain for its smart contract capabilities. The token is primarily used for transactions and as a means of incentivizing users to engage with the Telcoin platform, with a total supply capped at 100 billion TEL tokens. As of early 2024, Telcoin has made significant strides in integrating with mobile wallets and remittance services, enhancing its utility in real-world applications.
Telcoin was founded by a team of experienced professionals in the fintech and telecommunications industries. The co-founders include Claude Eguienta, who has a background in telecommunications and has held leadership roles in various tech companies, and Paul Neuner, who brings expertise in finance and regulatory compliance. Together, they envisioned a platform that would empower individuals in developing countries to access financial services through their mobile phones, leveraging the existing infrastructure of mobile telecommunications.
Telcoin operates on the Ethereum blockchain and leverages smart contracts to facilitate secure and transparent transactions. Users can send and receive TEL tokens using mobile wallets, making it accessible to people without traditional banking services. The platform partners with mobile network operators (MNOs) to integrate its services directly into their mobile platforms, allowing users to convert TEL tokens into local currencies seamlessly. When users send money using Telcoin, the transaction is processed on the blockchain, ensuring low fees and fast transfer times, often within minutes. The unique aspect of Telcoin's model is its focus on remittances, allowing users to send money across borders at significantly lower costs compared to traditional remittance services.
Telcoin has several prominent use cases, including:
Keeping your Telcoin safe involves several best practices:
Investing in Telcoin (TEL) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Telcoin: Once your account is funded, you can purchase Telcoin directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Telcoin using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Telcoin (TEL) is currently trading at $0.006916 and exhibits good potential for future growth. Check the latest Telcoin (TEL) price prediction.
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