Bidya logo
  Crypto Coin Prices and News  

TEL Price   

Cap | Volume | High | Low | Old | New | Rare | Vs | Blockchains | Exchanges | Market | News | Dev News | Search | Watchlist
TEL

Telcoin  

#TEL

TEL Price:
$0.00413
Volume:
$656.9 K
All Time High:
$0.07
Market Cap:
$0.2 B


Circulating Supply:
42,412,477,680
Exchanges:
5
Total Supply:
100,000,000,000
Markets:
14
Max Supply:
100,000,000,000
Pairs:
9



  TEL PRICE


The price of #TEL today is $0.00413 USD.

The lowest TEL price for this period was $0, the highest was $0.00413, and the exact current price of one TEL crypto coin is $0.00412835.

The all-time high TEL coin price was $0.07.

Use our custom price calculator to see the hypothetical price of TEL with market cap of ETH and how the supply affects the price of TEL at different market capitalizations.


  TEL OVERVIEW


The code for Telcoin is #TEL.

Telcoin is 6.3 years old.


  TEL MARKET CAP


The current market capitalization for Telcoin is $175,093,639.

Telcoin is ranked #257 out of all coins, by market cap (and other factors).


  TEL VOLUME


The trading volume is medium today for #TEL.

Today's 24-hour trading volume across all exchanges for Telcoin is $656,850.


  TEL SUPPLY


The circulating supply of TEL is 42,412,477,680 coins, which is 42% of the maximum coin supply.

Telcoin has a relatively large supply of coins, 349 times larger than Ethereum's supply, as an example.


  TEL BLOCKCHAIN


TEL is a token on the Ethereum blockchain, and has digital contracts with 2 other blockchains.

See list of the TEL Blockchain contracts with 3 different blockchains.


  TEL EXCHANGES


TEL is available on several crypto currency exchanges.

View #TEL trading pairs and crypto exchanges that currently support #TEL purchase.


  TEL RESOURCES


Websitewww.telco.in
Twittertelcoin_team
Redditr/telcoin
Telegramtelcoincommunity
Instagraminstagram.com/telco.in


  TEL DEVELOPER NEWS



Telcoin launches EU operations, starting with deposit and withdrawal functionality in Lithuania

Cash in to USDC with a debit card or bank account for fast and affordable digital asset trades in the self-custodial Telcoin App.. — Telcoin, a leading Web3 platform bridging the worlds of traditional fintech and decentralized finance (DeFi), announced today the launch of digital asset rails in the European Union, starting with Lithuania and extending to the rest of the member states in the near future. This new fiat to USDC on and off ramp enables easy entry into the Telcoin App’s assisted self-custody wallet, connecting users to fast and affordable trades across popular DeFi platforms. The addition of USDC deposits and withdrawals on the Telcoin App will give customers in Lithuania a safe and intuitive way to trade digital assets with just a few taps of their smartphone. To cash in, users simply input their debit card details and choose how much USDC to deposit into the Telcoin App. Users holding a USDC balance can also withdraw to their bank account in Euros via SEPA transfer. Telcoin expects to add an EUR stablecoin option as well, but is prioritizing USDC given its strong liquidity across DeFi protocols. Deposits are virtually instant, but note that some EU financial institutions may not allow instant debit cash in for crypto-related transactions. In the event of a failed transaction due to a specific card issuer’s policies, users can also use SEPA bank deposit, which can take up to three business days to compl...




Telcoin Community Update, Volume 10

Dear Telcoin Community, I wanted to start this update by reminding everyone that Telcoin’s assisted self-custody model works to protect the safety of assets in chaotic times like we’re experiencing now. Our off balance sheet approach is designed to safeguard customer assets from meltdown on both the crypto side and banking side. To clarify, as we learned this month, when stablecoin liquidity is only backed up by a large amount of reserves in uninsured “on balance sheet” deposits, customers are at risk. Telcoin’s approach of intersecting digital and traditional finance helps to mitigate this risk. In mid-2019, when I was developing Telcoin’s business model for the United States, I heard that Metropolitan Commercial Bank was used by the major exchanges and issued Crypto.com cards. On a quick initial call, the bank told us they would be very happy to open accounts for us once we’re ready. We were ready a few months later, in January 2020, but on a follow-up call with them we were told that, “Unfortunately the bank board has decided to pivot to marijuana banking, and will not take further crypto customers.” Perhaps that decision saved MCB, as Silvergate and others picked up the slack. But I was shocked to learn that the bank underpinning the industry at the time could come across as so flippant and opportunistic. Silvergate may not have gone into marijuana banking (and I’m not saying that couldn’t be done re...




TEL Staking is now live in the Telcoin App

Telcoin Application users can now stake TEL, refer new users, and earn up to 42 percent of their referred users’ trading fees. Starting today, Telcoin users will have the ability to stake the Telcoin (TEL) token, refer new users to the app, and earn up to 42 percent of their referred users’ trading fees. The ability to stake TEL and earn referral fees marks a major milestone in Telcoin’s evolution toward a self-sustainable, decentralized platform that will enable any mobile phone user in the world to benefit directly from the financial products and services they use in their daily lives. Those interested in joining the Staking program will find a new “Earn TEL” tab in the side menu of the latest version of the Telcoin Application, rolling out globally today (subject to regulatory availability). In order to participate, users must first enter another user’s referral link, then stake TEL tokens, and then may share their referral code with new users to start earning referral fees. Further terms and conditions can be found here. Users holding a TEL balance in the app can simply tap “Stake” and choose the amount they wish to stake. The more TEL a user stakes, the higher the percentage of referred users’ trading fees they will receive, up to a maximum of 42 percent. Upon staking, users will receive a unique referral code that can be shared with other users or those new to the Telcoin ecosystem. When a successfu...




Telcoin Community Update, Volume 9

Dear Telcoin Community, It has been a dramatic time in our young industry, and I wanted to remind everyone of where Telcoin stands in the context of the current market — and why I believe we will emerge in a very strong position when the dust settles. Remember that the real dot-com boom actually happened more gradually, after the crash, when the real long term players emerged and did things in a regulated and long-view manner. We have seen multiple examples of centralized companies playing fast and loose with user funds over the past months. From completely unstable “algorithmic stablecoins” to crypto “banks” that marketed savings accounts that were effectively ultra-high risk investments using fractional reserves, normal folks across the globe have seen their digital asset wealth evaporate or get locked up with complete uncertainty as to what will become of it. The old mantra “not your keys, not your crypto,” has rung true yet again. This is why, despite widespread despair in the market, we believe Telcoin is poised to become a leading player in the industry at large. Our focus is and remains on user-owned financial products for every mobile phone user in the world. Our multi-key security not only enables self custody, but protects against lost or stolen devices when a user is able to prove their identity. We have always been, and remain, a compliance-focused company that seeks dialogue with governing bodie...




An Introduction to TELx Generalized Incentives

Generalized Incentives is a new TELx liquidity mining policy which incorporates diversity and time-based multipliers into a miner’s total liquidity and share of incentives across a growing list of eligible markets. The objective of generalized incentives is to scale the TELx marketplace alongside the introduction of new assets on the Telcoin application as efficiently as possible. — Background - As consumers pay a fee to liquidity providers on every trade, the productivity of TELx depends on the adoption of the marketplace by users and their trading volume. Conversely, the adoption of TELx by users at the application layer and beyond depends on the total liquidity available to consumers over time across a growing diversity of scarce assets. Therein lies the problem: adoption requires liquidity and liquidity requires adoption. In order to solve this “chicken or the egg” problem, TELx produces TEL units at an average annual rate and miners can harvest those units by provisioning their liquidity to the network. Similar to how Bitcoin miners provision security to harvest the flow of BTC issuance and fees, TELx miners provision liquidity to harvest the flow of TEL issuance and fees. In the current version of TELx incentives, issuance is allocated at a fixed rate to each individual market and miners harvest the flow of TELx issuance based on their pro-rata share of liquidity over time in each individual market. As an ...




Telcoin Community Update, Volume 8

Dear Telcoin Community, We are very excited to announce the release of V3.1 of the Telcoin App, which introduces DeFi crypto trading for a limited number of assets. At the heart of Telcoin’s mission is the effort to make DeFi accessible. This means making complex multi-key security easy for users, which in turn makes self-custody and DeFi a viable alternative to centralized exchanges and banks. Between V3.1 and TELx, we are doing just that, empowering users to self-custody assets and engage in decentralized financial products powered by user-made markets. We are helping people bank themselves and others in a secure and compliant manner, which by the way is also the cheapest. We understand this has been a long road, and appreciate the community’s loyalty and patience. Rest assured that our development is accelerating. Following the V3.0 move to Polygon and multi-asset, V3.1 DeFi trading is the second of our major upgrades that required significant under-the-hood tooling to make a reality in a secure and scalable manner. Moving forward, with the two big upgrades under our belt, we now are able to do smaller and quicker releases and parallelize a bit more in terms of product development pods. We also have a more streamlined test and release process in place, including far greater visibility into resource bottlenecks and pre-release stress test capabilities. Next up is V3.2 which will involve the US stablecoin rails, along w...




Telcoin Community Update, Volume 7

A year in crypto can feel like multiple years compared to traditional markets, or to be precise, a crypto year is actually more like 5.347 years in the legacy world (annual core NYSE/Nasdaq trading hours = 252 days x 6.5 hours = 1,638 hours, versus annual crypto trading hours = 365 days x 24 hours = 8,760 hours of trading). The fast-paced nature of the industry demands that projects with any dream of longevity stay on top of the ever-evolving regulatory landscape while also relentlessly shipping products that capture the best of what the burgeoning blockchain ecosystem has to offer. The once in a lifetime opportunity to build on top of a rapidly expanding, globally decentralized financial marketplace that, by design, never sleeps, has not been taken lightly by the team at Telcoin. On the back of a Cambrian explosion of technological advancements in the field, a thriving ecosystem of users and partners, and guided by a mission of global financial inclusion, Telcoin has evolved into a form we believe can ultimately scale to meet the demands of every mobile phone user in the world. Over the past year, the Telcoin Platform transformed from a decentralized money transfer system into a multi-level architecture composed of an application layer (the Telcoin app), a liquidity engine (TELx), and a settlement network (Rivendell). Powered and coordinated by the TEL token, these parts combine to enable the next generation of mobile-based...




Industry Veterans Join Telcoin Leadership Team

Today we’re thrilled to announce Rajesh Sabari as Chief Commercial Officer and Tim Mahota as Chief Compliance Officer at Telcoin! Rajesh Sabari, a Telcoin advisor since 2017, has formally joined the company as Chief Commercial Officer. Rajesh is a seasoned fintech, digital media, and communication services executive with over 20 years of international experience using digital transformative technologies in sales, technical, business, partnerships, and leadership roles for driving growth. Rajesh worked and lived in several countries in Asia, Australia, Europe, and North America and has significant operating experience in shaping growth strategies, program management, business development, opening new markets, and driving turnaround in Asia Pacific and beyond. Most recently, Rajesh together with his team was responsible for building the partnerships, digital merchants, distribution, and government accounts from scratch into a multi million dollar annual revenue generating business for Mastercard’s Data and Advisory Services business in Asia Pacific (>40% CAGR, among the fastest growing). Rajesh has also been responsible for international expansion of various AI/big data, managed services, roaming, and telecom services companies and launched three companies’ operations in Japan. Rajesh was responsible for multiple account wins in AP for Amdocs (Large BSS/OSS services provider) and three times winner of exclusive CEO sa...




Telcoin V3.0 FAQs

We put together an FAQ document with answers to all of your V3.0 related questions. If you have any additional questions, comments or concerns, please reach out in the community channel. Thank you! — Q: Can I transfer TEL from my Ethereum wallet or Kucoin to my Telcoin Application wallet? If not, how can I deposit my TEL? - A: No, presently, you cannot transfer TEL tokens from an Ethereum wallet address or an exchange wallet (such as Kucoin) directly to your Telcoin wallet. Initiating this type of transfer will result in significant (months) delays in receiving your assets and will incur costs upon recovery. As of V3.0, the Telcoin wallet has migrated to the Polygon PoS Chain. In order to deposit your TEL or other supported assets, you will first need to bridge your assets from Ethereum to Polygon using a Web3 wallet such as Metamask. Then, once your assets have settled in your Polygon Wallet, you can deposit them directly into your Telcoin Application wallet. Learn more here: Tutorial (written): www.telx.network, Tutorial (video): www.youtube.com, Polygon wallet (Bridge): wallet.polygon.technology, Additional Resource: zapper.fi has an Ethereum to Polygon bridge feature which may be a better user experience than alternatives., — Q: Can I keep my TEL on ledger or other ERC20 long term? - A: TEL is an ERC20 token native to the Ethereum blockchain, and can be stored on any ERC-20 compatible wallet. The migration...




Telcoin 3.0 Update

Telcoin V3 is a foundational upgrade to the Telcoin landscape. It enables users to participate across multiple-levels of the Telcoin Platform stack in order to access and provide every mobile phone user in the world with fast and affordable, user-owned, decentralized financial products. V3.0 of the Telcoin Application offers relatively limited functionality, but is an incredibly important step toward the long term future user experience. This post intends to give an overview of the current state of the application, what changes you should expect in the near future, and why. Overview The first iteration of the V3 app experience involves a migration of current Telcoin users’ funds from the Ethereum mainnet to Polygon, an Ethereum-aligned layer 2 network. This upgrade enables the creation of secure, multi-signature Polygon wallets at a fraction of the US$100–200 it would cost on Ethereum and gives users access to nearly free gas (blockchain fees) and instant decentralized financial products. This is the core of our mission. In order to enable this experience for existing wallets with TEL holdings, we were tasked with integrating a seamless bridging feature for current Telcoin app users who hold a balance to migrate to Polygon. During this process, they can either opt in or opt out, without risking loss of funds. Ethereum to Polygon Bridge The existing bridge integration and auto-bridge transfer functionality, the current ...




  TEL NEWS


Here's Why Telcoin (TEL) Crashed 40% on Christmas Day

    The crypto remittance mobile application Telcoin has suffered an exploit that led to the loss of approximately $1.3 million in digital assets. According to an X update from the Telcoin team, the security attack affected wallets that have never initiated transactions on the platform. Telcoin Loses $1.3M in Security Exploit The Telcoin team announced they were aware of the situation late Monday and temporarily froze the app to resolve the issue. “We are aware of the situation with the Telcoin App. We have temporarily frozen use of the app while we look into the issue, and will provide an update as soon as we can,” the Telcoin team said. During the investigation, the team found that the issue was with the proxy implementation of the wallet on Polygon and not with the Telcoin app itself. A fix has been employed to prevent further exploitation. No private keys, backend systems, and user data were breached through the exploit. The project’s team intends to restore affected users’ assets to previous balances before turning the app service back on. “We will provide another update soon and appreciate everyone’s patience and support. The Telcoin team is grateful for assistance from the blockchain security community, and will be thanking them publicly once we complete our investigation,” the team explained. TEL Slumps 40% On-chain data shows the stolen assets include 37 Ether (ETH) and over 1.3 million Polygon (MATIC) worth $85,000 and $1.19 mil... read More



Tel Aviv Stock Exchange Partners With Fireblocks to Provide Crypto Oppor...

    The Tel Aviv Stock Exchange (TASE) inked a deal with the crypto custodian Fireblocks to offer 'a comprehensive range of innovative and secure digital asset products and services.'  Israel's only public stock exchange labeled the partnership as 'crucial in the new era of innovation' since it could boost the future advancement of the cryptocurrency sector across the globe.  The TASE revealed that the collaboration with Fireblocks builds upon 'the resounding success' of Project Eden: an initiative supported by the Israeli Ministry of Finance, which saw the issuance of a government digital bond on a dedicated blockchain platform.  The stock exchange has now decided to dive even deeper into the world of crypto by offering various digital asset services and products to local consumers. 'TASE will be able to provide institutional-grade digital asset solutions for regulated entities, leveraging the most advanced technology, experience, and work processes from traditional markets, while ensuring necessary protection,' the statement reads. The entity's partner in the move is the popular blockchain security service provider Fireblocks. Orly Grinfeld - EVP Head of Clearing at TASE - believes the cooperation represents a 'monumental leap forward in the global digital assets landscape.' 'We are unwavering in our pursuit of revolutionizing the industry and the local capital market, and this collaboration epitomizes our dedication to delivering secure, regulated, and ... read More



Tel Aviv Stock Exchange Takes Steps to Allow Crypto Trading

    Israel’s public stock exchange is suggesting regulatory amendments that would permit some clients to trade crypto assets. The proposals, which have been put forward for public consultation, come at the backdrop of a growing number of regulated institutions getting involved in the digital asset market, the exchange noted.TASE Exchange Moves to Regulate Cryptocurrency Trading for Brokers The Tel Aviv Stock Exchange (TASE) has published a draft proposing to allow clients of non-banking institutions (NBMs) among its members to buy and sell cryptocurrencies. It intends to expand the list of authorized activities for such entities in order to add crypto trading. NBMs provide brokerage, investment and advisory services, and operate as intermediaries. While they can process various transactions such as the transfer of funds, they are not permitted by law to accept direct deposits from customers or act as custodians. Israel’s only public exchange is now seeking feedback on its regulatory initiative. The call for comments was posted on Monday. Upon their receipt, the proposal will be submitted for approval by the Board of Directors, it said and elaborated: This is another step in the advancement and development of the Israeli capital market that aims to encourage innovation and competition, while mitigating the risks and protecting the customers. In a press release, TASE marked the turbulent events in the crypto space over the course of the past year while highlighting the ... read More



Tel Aviv Stock Exchange to Regulate Crypto Trading After Turbulent 2022

    The Tel Aviv Stock Exchange (TASE) is willing to enable clients of its non-banking members to trade cryptocurrencies.  Its proposal comes as a result of the turmoil experienced in the sector last year, which according to numerous watchdogs, was a prerequisite for imposing stricter regulations. Authorizing NBMs The TASE - Israel's only public stock exchange - wants to expand the authorized activities of its non-banking members (NBMs) to allow customers to trade digital currencies. Examples of such entities are brokerage firms, insurance organizations, exchanges, venture capitalists, and others.  The stock exchange reminded about the crash of the cryptocurrency market in 2022, emphasizing the necessity of enforcing a pertinent regulatory framework on the industry.  The TASE's proposal is focused on customer protection. It enables traders to deposit fiat money in cryptocurrencies, while withdrawals can be conducted after non-banking members contact a licensed provider of digital asset trading services and an authorized custodian. In other words, the possible rule will require NBMs to buy and sell cryptocurrencies on clients' demand. Israel's stock exchange thinks domestic regulations should align with global ones to attract more foreign capital into the local financial ecosystem. Greenlighting NBMs to enable customers to trade cryptocurrencies could diminish the risks in the sector, encourage competition, and bolster innovation, it added. The marketplace disp... read More



Israel Crypto Conference Returns to ZOA Tel Aviv on December 7

    [PRESS RELEASE - Tel Aviv, Israel, 9th November 2022] The winter edition of Israel Crypto Conference (ICC) is returning to ZOA Tel Aviv on December 7. The day-long event will bring together industry leaders, blockchain companies, and the wider crypto community for a series of insightful keynotes and panel discussions. At ICC winter edition, delegates will have an opportunity to discuss the broader impact of blockchain technology and to hear about the ways in which it is positively impacting people’s lives. Topics under the spotlight include an institutional appetite for crypto, the emergence of new use cases, and the ways in which the industry is evolving to better meet consumer demand. There will be a particular focus on web3, with ICC tackling such issues as: Correlation between DeFi, TradFi, and CBDCs Entrepreneurship: how to fund ventures in crypto winter Regulatory trends and how the industry adjusts to comply Metaverse and NFTs How web2 players will enter web3 Improving blockchain security to reduce attack vectors Spotlight on new layer-1 and layer-2 networks Over 600 delegates are expected to attend the event at ZOA Tel Aviv Daniel Frish 1, which will be tailored to the needs of two specific groups. The main conference will unfold in the ZOA House theater in Tel Aviv, where a series of panels and presentations have been lined up. There will also be a separate workshop for builders and developers that’s focused on ways in which the underlying technology ca... read More



More Telcoin (#TEL) News

TEL vs CFX | A-Z | Topics | ISO 20022


Privacy | Terms | Powered By LiveCoinWatch


bidya