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Telcoin (TEL): Everything you Wanted to Know as a Beginner before Investing!

Telcoin token (TEL) is one of the most popular cryptocurrencies in the crypto market currently. In terms of market cap, it is currently the 103rd largest digital currency (over US$1.09 billion in market capitalizations). Should you invest in it? Is it a good investment? To answer all your queries, let me walk you through the TEL coin, how it works, and many more.

What is the Telcoin token (TEL)? How does it Work?

Telcoin token, denoted as TEL, is Telcoin platform’s:

  • Native medium of exchange
  • Reserve asset
  • Protocol token


Telcoin is a user-owned, decentralized financial platform that helps you (end users) to access and power user-owned, decentralized financial products seamlessly. TEL or Telecoin ecosystem strives to provide every mobile phone user access to financial products that are:

  • Fast 
  • Affordable, and 
  • User-owned


The Mobile Financial Service Providers, Mobile Network Operators, and active Telcoin users power the Telcoin Platform. In July 2017, Telcoin Pte. Ltd. was established in Singapore and was based on blockchain technology. 


Telcoin Remittances the launch product of the company, focuses on the low-cost and high-speed transfer of digital money to e-wallets and mobile money platforms. This helps you to send money securely, affordably, and conveniently on a global scale. 

 

Version 3 of the Telcoin platform was launched recently. It introduced two user-owned financial products:


  1. The Send Money Smarter Network (SMS): It is a user-owned, global remittance network.


  1. TELxchange: It is a user-owned, decentralized digital asset exchange.


The Monetary Authority of Singapore regulates Telcoin as a Major Payment Institution in Singapore. A serial entrepreneur named Paul Neuner founded Telcoin in 2017. 

Telcoin token (TEL): Facts & Figures

All these facts and figures (as of November 10, 2021) will help you to make a decision on investing in the Telcoin token. Before making TEL coin transactions, check out these facts and figures associated with this cryptocurrency of choice:


  • Telcoin TEL Price: US$0.01994 (Current Telcoin Price)
  • 24hour Trading Volume (24h Volume): US$24,310,090
  • All-Time High (ATH) Price: US$0.0649 (reached on May 11, 2021)
  • All Time Low (ATL) Price: US$0.00006516 (reached on Mar 13, 2020)
  • 24h Low: US$0.01922
  • 7d Low: US$0.01922
  • 30d Low: US$0.01705
  • 90d Low: US$0.01367
  • 52 Week Low: US$0.0001274
  • YTD (Year-To-Date) Return: 11,502.81% YTD (Year-To-Date)
  • Market Cap: US$1,096,813,539 (US$ 1.09 billion)
  • Crypto Rank (in terms of market cap): 103rd in the crypto market
  • Fully Diluted Market Cap: US$1,994,716,196
  • Max Supply: 100,000,000,000
  • Total Supply: 100,000,000,000
  • Circulating Supply: 55.03 billion TEL (55%)


These are the facts that made the TEL coin a preferred medium of exchange. Always check out market data and technical analysis before trading or investing. Also, consult crypto financial advisors and get tips from them on trending coins, know the ways of buying cryptocurrencies, and how to earn crypto easily. 

TEL Coin Price Prediction

  • According to Wallet Investor, the average price of TEL is going to reach around:
  • US$$0.0453 by 2022
  • US$0.138 by 2026


  • According to Digital Coin Price, the average price of TEL is going to reach:
  • US$0.031 by 2021-end
  • US$0.09 by 2028


  • According to The News Crypto, the average price of TEL is going to reach:
  • US$0.06 by 2021-end

Where can you Buy Telcoin tokens?

You can buy TEL coins in almost all reputed cryptocurrency exchanges including:


  • KuCoin
  • Uniswap
  • Balancer
  • 1inch Exchange
  • Sushiswap
  • Sushiswap (polygon)
  • Quickswap (polygon)
  • Bilaxy, and many more.


You can use credit cards, debit cards, or money transfers from a bank account to fund your cryptocurrency trading or investing account in a leading cryptocurrency exchange. 


The most popular price pairs of TEL are:

  • TEL/USDT
  • TEL/BTC
  • TEL/ETH 
  • TEL/WETH
  • TEL/IDR, and many more.


Before investing, check out historical data of token TEL, crypto news, Telcoin token price charts, price performance, market updates, TEL to USD (United States Dollar) exchange rate, the value of TEL, trading fees, and others.

What are the Best Crypto Wallets to Store TEL Coins?

The best Telcoin token wallets to store TEL coins are:


  1. Ledger Nano S
  2. Trezor One
  3. Trust Wallet
  4. Atomic Wallet
  5. MyEtherWallet

Invest in Telcoin token and Other Cryptocurrencies

You can buy and sell TEL and other virtual currencies against various fiat currencies (US Dollar USD, British Pound Sterling, Canadian Dollar CAD, South Korean WON, Singapore Dollar, Taiwan Dollar, Russian Ruble, Chinese Yuan, Hong Kong Dollar, etc.) through a wide array of crypto exchanges (centralized or decentralized exchanges), crypto APIs or mobile app, and Telcoin token markets. Use Dollar Cost Averaging DCA strategy to invest in cryptos to minimize the risks associated with high volatility. 


If you want to increase your investment explosively in the coming 5-to-10 years, buy crypto coins now. Keep an eye on the market news, price statistics, block times, blockchain news, and others to time your trading of Defi protocols and tokens for maximum profit. 


You can also diversify your crypto coin portfolio by including other digital assets such as TEL, XMR, FIL, ETC, WBTC, BCH, BTC, AAVE, Ripple XRP, Bitcoin Ether ETH, Bitcoin Gold (also called Bit Gold), Bitcoin Cash BCH, Basic Attention Token, Ethereum Classic, Shiba Inu SHIB, Binance Coin, Wrapped Bitcoin (some also call it wrap bitcoin or wBTC), USD Coin, Gemini Dollar, ERC20 tokens (created on Ethereum blockchain), nonfungible tokens NFTs, and others. 


Invest in cryptocurrencies, various types of stocks, mutual funds, index funds, real estate, and others to improve your personal finance. If possible, get help from a portfolio manager or wealth management firm for maximum return. You can also increase your income through yield farming, using telegram bots and other automated trading bots, and many more.

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NapBots provides you various indices that include a basket of tokens with high market capitalization and are categorized by theme (such as Solana, NFT, DeFi, and others). This platform introduces an intuitive interface as well as advanced allocation tools for enabling new investors to create and manage advanced crypto indices easily.


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