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Where and How to Buy Telcoin in 2022?

Mar 29, 2022

How to Buy Telcoin?

If you’re wondering where to buy Telcoin, Freewallet can help you to get this cryptocurrency.

This platform is organized to give its users freedom of choice – even when you decide to buy digital assets.

Even if there is no possibility to buy Telcoin directly with your cards, you can easily integrate a Telcoin wallet with Freewallet.

Thanks to the options offered by Freewallet, you’ll have the opportunity to fully manage your crypto – in this article we will tell you how.

How to Buy Telcoin in the USA

All the options available can also be used by US citizens.

Actually, Telcoin is a project strictly related to the US: if you’re asking where to buy Telcoin in the USA, you should know that Telcoin has in mind the United States, Canada and 16 other countries to facilitate cross-border transactions.

You just need to sign up by filling out the registration form with your personal details. This allows you to be compliant with regulations.

This is an important point to take into account when it comes to cryptocurrencies: countries like the USA don’t have a clear approach for what concerns digital assets – even if it seems that things will change soon.

So, even if you come from the US, you can get Telcoin thanks to Freewallet – just follow the steps we will cover in this article.

Exchange Telcoin for Bitcoin and any cryptocurrency

The first thing to point out is that Freewallet supports over 100 cryptocurrencies – the number increased also after the partnership with Changelly.

Before diving into what Telcoin is and how it works, we want to show you how to make an exchange on Freewallet.

Many users ask where can I buy Telcoin? This happens because this crypto is fully integrated with the DeFi space, helping users to get the most out of decentralized finance and all the features and services linked to this system.

Even if the scope of this article is not financial advice, highlighting that users’ interest in this crypto is rising is a useful piece of information – actually, Telcoin (TEL) is among the first 150 cryptos listed on CoinMarketCap.

If you’re among those users, go on reading: you’ll find a step-by-step guide to get this crypto.

How to Make a Telcoin Exchange?

The process isn’t complicated. The first step, as we mentioned, is registration. Just use your personal details and choose a pin code – this will make the login even easier.

Once you get access to your personal dashboard, locate the “Add wallets” section: this will allow you to add any of the supported assets if you’re using that cryptocurrency for the first time on Freewallet.

Now, you can scroll down to find Telcoin (TEL), or use the search bar and just the name of the crypto you’re interested in.

If you already own some cryptos, you can easily select the pair and the amount you want to exchange.

If you want to exchange Telcoin for any other cryptocurrency, send TEL to your wallet: by following the same process, you’ll be able to get all the cryptos you want and trade them, and this makes it possible to use different trading strategies and diversify your portfolio.

How to Sell Telcoin

Freewallet is very different from other crypto exchanges.

In its effort to support the use of cryptocurrencies from a higher number of people, it provides users with a different kind of service.

It is well known that one of the barriers that prevent those who are curious about cryptos from using them, is that they don’t give the same amount of opportunities to use them in everyday life and for daily expenses and purchases.

Freewallet found a practical solution.

Thanks to its service, the platform allows you to use your cryptos in hundreds of stores and marketplaces – just to name a few, Amazon, eBay, Netflix.

This is possible thanks to the “Buy gift cards” option: you’ll find it on your dashboard, and if you select the crypto you want to use, you’ll find this option also on the page of the specific wallet.

Users can buy gift cards that can be redeemed in any supported store. You’ll find all partners easily, also thanks to the available filters that will allow you to check the cards by country or alphabetical order, and the value of gift cards goes from $1 to $1000 – to make it suitable for any needs.

This solution actually allows you to buy everything using cryptos.

What is Telcoin (TEL)?

Now, let’s dive into what Telcoin is.

Telcoin is a token that uses the Ethereum blockchain. The project was ideated by Paul Neuner in 2017, to give users the opportunity to access a fully decentralized financial environment by using a mobile phone.

Telcoin is a crypto project that makes headlines, especially for its constant developments and new offers in terms of decentralized services.

The main function of Telcoin is to allow cross-border transactions: by using TEL people can send money to 16 countries, from the United States and Canada, by using national mobile money providers.

The whole project is made up of four main tools:

The crypto token, TEL: this is the asset used to profit from all the services offered by Telcoin Pte. Ltd., the company behind the crypto project – established in Singapore in 2017.
The Telcoin application: this app gives access to all the decentralized services provided by Telcoin, including the exchange and the wallet.
TELx: as the company says on its website, this is the liquidity engine of the whole project. It links several decentralized markets that enable all the services without the need for any intermediaries.
Rivendell: this is an Ethereum side chain under development, the one that can allow fast and secure transactions.

So, Telcoin is a crypto project that gives anyone access to a secure and fast network of decentralized markets. They are available on mobile phones to give their users the possibility to make transactions and manage remittances easily and in several countries around the world. TEL is the token that makes all this possible, representing the fuel of the whole project.

Is Telcoin a Good Investment?

As long as a project is reliable and gives you all the information you need, it can be considered a good investment if it meets your needs. So, you’re the only person who can say if Telcoin is a good investment for you. We can analyze some of the main features of this crypto, to help you make an informed decision.

Telcoin works on a Proof-of-Work chain – so it is using a consensus mechanism similar to the one currently used by Ethereum.

This crypto was structured to have a limited supply: if you compare its supply to the supply of other cryptocurrencies it may seem quite high. In fact, it is set at 100 billion TEL, but it makes sense if you consider that its goal is a large use of this token to make transactions.

Since its launch in 2017, the token had a long period of lateralization – as you can see in the chart:

TEL/USD price chart. Source: CoinMarketCap

It experienced a surge in price in 2021, when TEL reached an all-time high at around 0.06 USD.

A fundamental analysis of this cryptocurrency makes it possible to affirm that its tokenomics follows many of the principles that make cryptocurrencies gain value, but – as we said – there’s no definite answer when it comes to investments. You are the only one who can assess if a crypto project meets your needs.

Conclusions

Telcoin (TEL) is an interesting crypto project that focuses on decentralization and the use of mobile devices. With this article, we want to give you useful info about its features, but always DYOR if you’re interested in trading.

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