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Telcoin Launches on Bitunix Exchange Amidst Crypto Boom

Coin WorldFriday, Feb 14, 2025 9:18 am ET
1min read

Telcoin, a blockchain-based money transfer service, has recently become available on the Bitunix exchange. This development comes amidst a wave of new projects in the cryptocurrency market, with Bitcoin's value fluctuating between $95,000 and $100,000 and crypto enthusiasts anticipating an altseason.

Launched in 2017, Telcoin aims to address the persistent issue of high fees and delays associated with traditional money transfers, particularly in regions with limited banking access. The platform allows users to send money instantly using mobile phones and e-wallets, with total fees capped at 2% or less across more than 20 countries. Telcoin collaborates with telecom and mobile money providers globally, enabling fund transfers via users' existing mobile services.

The native cryptocurrency of the Telcoin network, TEL, is utilized for payments and rewards within the ecosystem. Transactions on Telcoin are secured using a multi-signature model, which requires multiple private keys for authorization. Network operators earn TEL tokens as incentives for processing transactions and integrating Telcoin services. By focusing on cost-effectiveness, speed, and accessibility, Telcoin stands as a robust alternative to traditional remittance services like Western Union, simplifying financial transactions for millions worldwide.

As of February 10th, Telcoin (TEL) is now available for purchase on the Bitunix exchange. Bitunix is renowned for its robust security and transparency, having previously demonstrated its proof of reserves. The platform provides a user-friendly app with an advanced and straightforward interface.

To acquire Telcoin (TEL) on the Bitunix exchange, users can follow these steps:

  1. Register or Log In – Create an account on Bitunix or access an existing one.
  2. Fund Your Account – Deposit USDT or other supported assets into your wallet. You can also add fiat currency via the “Buy Crypto” option.
  3. Find the TEL Trading Pair – Navigate to “Spot Trading” and search for TEL/USDT.
  4. Purchase Telcoin (TEL) – Decide the amount of TEL to purchase, and opt for a market order for instant trade or a limit order to set your preferred price.
  5. Complete the Transaction – Confirm the transaction, and the
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