As Bitcoin's price hovers between $95,000 to $100,000 area and crypto enthusiasts await the start of an altseason, many new projects are emerging. Since we are still in a bull run, even altcoins considered "veterans" have been revived in some form. Blockchain developers are always trying to bring to light projects that bring innovative solutions to everyday problems. One such problem has always been the high fees that have to be paid for money transfers using platforms from the traditional financial system. Plus, at times it would take days for those transactions to be completed. Sending money has been even more difficult in regions where banking access is limited. Hence, in 2017, Telcoin was launched, a blockchain-based platform that enables sending money with low fees, especially in these regions with limited access to banking. Telcoin's native token (TEL) was listed on the Bitunix exchange on February 10th. What is Telcoin (TEL)? Telcoin (TEL) is a decentralized cryptocurrency built on the Ethereum blockchain, designed to make international money transfers faster, cheaper, and more accessible. Launched in 2017 by a Singapore-based company, Telcoin aims to bridge the gap between traditional fiat currency and digital assets by using blockchain technology for smooth remittances. Unlike traditional banking and money transfer services that charge high fees and take days to process transactions, Telcoin enables users to send money instantly via mobile phones and e-wallets with 2% or less in total fees in more than 20 countries in the world. The platform collaborates with telecom companies and mobile money providers worldwide, allowing users to send and receive funds through their existing mobile service providers. TEL, the native token of the Telcoin ecosystem, is used for payments and rewards within the network. To enhance security, Telcoin transactions use a multi-signature model, requiring multiple private keys for authorization. Additionally, network operators receive TEL tokens as incentives for facilitating transactions and integrating Telcoin services. With its focus on affordability, speed, and accessibility, Telcoin has positioned itself as a strong alternative to traditional remittance services like Western Union, making financial transactions easier and more efficient for millions of people globally. Where to Buy Telcoin (TEL)? Telcoin (TEL) can be bought on the Bitunix exchange. The world's fastest-growing crypto exchange listed Telcoin crypto on its spot market on February 10th. 📣 $TEL @telcoin Trading is now available on Bitunix Spot!🔥 Spot Trading https://t.co/CIA327eTkc ℹ️ More Details https://t.co/zcGgEHkVrW pic.twitter.com/LFIINCifWD — Bitunix (@BitunixOfficial) February 10, 2025 Bitunix is an exchange known for its high level of security and transparency. The exchange has previously demonstrated its proof of reserves, ensuring that its assets are backed for users. The platform also offers an easy-to-use app and has an advanced and easy-to-use user interface. How to Buy Telcoin (TEL)? With Telcoin (TEL) now listed on the Bitunix exchange, buying the Telcoin crypto is simple and takes just a few steps: Sign Up or Log In – Open an account on Bitunix or access an existing one. Add Funds – Deposit USDT or other supported assets into the wallet. Fiat currency can also be added through the “Buy Crypto” option. Locate the TEL Trading Pair – Go to “Spot Trading” and search for TEL/USDT . Buy Telcon (TEL) – Choose the amount of TEL to buy and select a market order for an instant trade or a limit order to set a preferred price. Confirm the transactionFinalize the transaction, and the acquired Telcoin (TEL) will be securely stored in the Bitunix wallet. Considering that Telcoin is truly a project that has real utility and uses blockchain technology to facilitate money transfers for people around the world, its listing on Bitunix exchange expands trading options, giving users more choices in the crypto market. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
