Buy Telcoin (TEL)
What is Telcoin?
Telcoin (TEL) is a digital cryptocurrency designed to integrate telecommunications and financial services with blockchain technology. It aims to provide low-cost, high-quality financial products for mobile phone users globally, focusing particularly on unbanked populations.
How does Telcoin work?
Telcoin operates on an EVM-compatible public blockchain, utilizing a Proof-of-Stake (PoS) consensus mechanism. It is an ERC-20 token native to the Ethereum blockchain, allowing it to leverage Ethereum's smart contract capabilities. The network is secured by GSMA Operator Member Mobile Network Operators, and its infrastructure includes the Telcoin Network, TELx (DeFi exchange), and the Telcoin Application Network (mobile app).
What are the potential use cases for Telcoin?
Telcoin can be used for a variety of applications, including:
- Remittances: Offering seamless and cost-effective mobile remittances.
- Financial Inclusion: Providing access to financial services for unbanked populations.
- Mobile Payments: Facilitating instant, low-cost money transfers globally.
- E-commerce: Enabling cross-border payments through mobile tech.
- DeFi Integration: Supporting secure digital asset transactions on platforms like Polygon.
What is the history of Telcoin?
Telcoin was founded in Singapore in July 2017 by Paul Neuner and Claude Eguienta. Its primary goal is to improve the speed and accessibility of money transfers using mobile networks and blockchain technology. Notable milestones include its Initial Coin Offering in December 2017, GSMA membership, and various global partnerships. The platform continues to expand its services globally, leveraging blockchain and DeFi protocols to enhance financial inclusion.
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Frequently Asked Questions (FAQs)
What is the current price of Telcoin (TEL)?
The Telcoin price is $0.00886777 AUD, representing a +3.64% from the day prior.
Where is the best place to buy Telcoin (TEL) in Australia?
The best place to buy Telcoin (TEL) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Telcoin (TEL) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Telcoin (TEL)?
The trading volume of Telcoin (TEL) is $8.4M AUD in the last 24hrs, representing a +3.64% from the day prior.
How can I buy Telcoin (TEL)?
Telcoin (TEL) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Telcoin (TEL)?
The current market cap of Telcoin (TEL) is $671.3M AUD.
Can I convert Telcoin (TEL) to cash?
Yes - With Coinstash you can convert your Telcoin (TEL) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Telcoin (TEL) are there?
The current circulating supply of Telcoin (TEL) is 77.8B.
Is Coinstash a safe place to buy Telcoin (TEL) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Telcoin (TEL) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.