Telcoin is a modern cryptocurrency based on the Ethereum blockchain that will be circulated and accepted by telecom operators, therefore available to billions of users worldwide without extra registration, only using their mobile phones.
What is Telcoin(TEL)?
Telcoin is being marketed as the first crypto-currency platform that offers to act as a bridge between telecom service providers and blockchain. The telcoin network will only issue tokens on its partner networks initially. These coins can be used for a variety of things including online remittances, mobile transfers, and payments and e-commerce.
Telcoin (TLC): HIstory
The ICO has begun on December 11, 2017, and ended on February 11, 2017. Bitcoin and Ethereum were accepted as the contribution. 20% of the total tokens being created were available during the ICO. Claude Eguienta is the CEO & Co-Founder at Telcoin.
How Does Telcoin (TEL) Work?
Telcoin is divided into three primary components namely the network provider, Telco platform, and Subscribers. The platform offers users full control over their money through their phones. The platform also lets the user make several subsets of transactions by having a wallet address. For every purchase, the provider also gets a percent of TEL coins. Telcoin manages all the wallets of operations to simplify the whole process and reduce the load. At present, the network is capable of handling up to 5 billion users.
How To Buy Telcoin (TEL)?
Buying Telcoin is a two-step process. First, head over to Coinbase and purchase Bitcoin or Etherium which accepts debit or credit card. If Coinbase is not accessible in your jurisdiction, view our list of markets that sell BTC or ETH for Government issued money. Next, transfer your newly purchased BTC or ETH from your Coinbase wallet to one of the exchanges like KuCoin/ Coinswitch. The best place to save your coins is My EtherWallet/ Ledger Wallet/ Trezor.
Telcoin (TLC) Price Prediction 2018
Telcoin is making its progress each day, and the investors can expect a significant hike in the coming months. Telcoin is trying to crack the interoperability between blockchains. But now it is not supported by the predictors as it is correlated to other famous coins, it has not shown an attractive surge in its price value. As of 29-3-2018, the price of Telcoin stands at $0.00213. There is 28,288,370,091 Telcoin’s out there, and the market cap is $58,168,527. The trading volume is at $800,330.