Telcoin functions as a link between fiat currencies and the cryptocurrency sector by utilizing blockchain technology to enable fast and low-cost money transactions. Telcoin, unlike other cryptocurrencies, is based on the existing infrastructure provided by its telecom partners. It's using its customers' credibility, subscriber base, and KYC compliance to provide DeFi services as well. If it adds additional services, hires new operators, and expands its client base, it should enjoy steady growth.
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Telcoin Pte. Ltd. is a Singapore-based cryptocurrency company, founded in July 2017 and uses blockchain technology to deliver decentralized financial services on any mobile device. Telcoin Remittances, the company's first product, focuses on fast, low-cost digital money to mobile wallet platforms and e-wallets. Telcoin Remittances connects with a global network of telecom, money transfers, and e-wallet partners to make transferring money simple, inexpensive, and safe.
Telcoin (TEL) is a decentralized Ethereum-based cryptocurrency that was launched in Singapore in July 2017 with the goal of creating a connection between cryptocurrencies, blockchain, and the telecommunications sector. The initiative intends to work with industry leaders such as Verizon and AT&T to eliminate the friction that occurs between billing platforms and mobile money.
Telcoin's major emphasis is the remittance business, which is currently dominated by Western Union. Telcoin has teamed up with global telecommunications companies and mobile money platforms to provide consumers high-speed, minimal digital transfers to mobile money systems and e-wallets.
Paul Neuner, a successful entrepreneur with over 12 years of expertise in the telecoms and cybersecurity sectors, established Telcoin in 2017. He graduated from Notre Dame who has lived and worked all over the world, particularly in the Middle East and Asia.
Neuner previously co-founded Mobius, a company that offers mobile data carriers with cybersecurity. Sedona, a next-generation telecom fraud control solution that delivers sovereign mobile financial services, was created by him in 2018.
Telcoin aims to turn decentralized finance into seamless, automated, user-owned applications and distribute them to every mobile phone user on the planet via telecommunications. Telecoms, with over 5 billion users, are well-positioned to give the biggest base of current, well-known leading service consumers with access to financial goods via the smartphones
DeFi has transformed banking by enabling the construction of a generation of cellular, robotic, non-custodial apps available to everyone with internet access that runs in code rather than through intermediate institutions.
Despite the fact that TEL is a very frequently traded cryptocurrency, only a few platforms allow you to buy TEL tokens with fiat money. TEL tokens may be purchased using cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) (ETH).
The following are the top exchanges for buying, selling, and trading Telcoin (TEL) right now:
TEL cannot be purchased directly with cash. However, you may acquire Bitcoin on markets like LocalBitcoins and then move your bitcoin to the appropriate AltCoin exchanges to complete the remainder of the processes.
Yes, Europe is one of the most accessible markets for cryptocurrency purchases. There are also online banks where you may create an account and send funds to cryptocurrency exchanges like Coinbase and Coinmama. Bunq, N26, and Revolut are three of Europe's most popular online banks.
The most cost-effective method is to purchase Telcoin using a bank transfer.
Telcoin Official website – https://www.telco.in/
Telcoin Twitter – https://twitter.com/telcoin_team
Telcoin Medium – https://medium.com/@telcoin
Telcoin Reddit – https://reddit.com/r/telcoin
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