How and where to buy Telcoin TEL with debit or credit card in 2024
Telcoin
0.0064 $ ▼-2.71%
Buying Telcoin with a debit or credit card is the best way to purchase TEL immediately, as it only takes a few minutes. Today, nearly all exchanges allow FIAT deposits with cards.
However, it is usually not the cheapest option. If you are looking to save on fees rather than time, perhaps the best option for you is buying Telcoin by bank transfer.
The most recommended alternative to acquire TEL is Binance due to its high security and low fees. It also has multiple advantages:
- No fees for trading BTC and ETH.
- Earn Simple, one of the most powerful staking systems on the market (in our opinion, only surpassed by Nexo).
- Small amounts of free cryptocurrencies for playing weekly WODL or through their Launchpad.
To invest in Telcoin, just follow these steps:
How to buy TELCOIN TEL with card on Binance
- Register on Binance
- Deposit FIAT money into your account using a bank card.
- Open an order to buy TEL.
- Once your order is executed, you will have Telcoin in your Binance wallet. Enjoy all its benefits!
You only need an email and a password. You can do it through this link.
Regulatory laws require regulated exchanges to request personal information - like a selfie or a photo of your ID. This process is known as KYC (Know Your Customer) and aims to combat money laundering and terrorist financing. If you prefer not to provide this kind of information, it is advisable to read the article about exchanges without KYC.
You can do this in the "Wallets" menu, from the "Deposit" button and then in the "Fiat" tab, where you can choose from more than 25 different FIAT currencies to make your deposit. This process takes no more than 5 minutes.
To do this, we access the basic purchase from the Markets button, search for the ticker of our cryptocurrency (TEL in this case) and buy Telcoin in the "Buy TEL" panel.
Not all cryptocurrencies have a pair with FIAT currencies. When you search for the ticker, the currencies you can exchange them for will appear. If your FIAT currency is not among them, you will have to take an intermediate step: Exchange the FIAT for one of the currencies on the list. Usually, these intermediate currencies are BUSD or USDT. They are a type of cryptocurrency called stablecoins whose value is always 1:1 against the dollar. That is: You will not lose money in this intermediate transaction. You will only have to pay the commissions, which in the case of Binance are very low, only 0.1%.
Binance is the largest cryptocurrency exchange in the world by daily volume and by a significant margin from the second. Even with this volume, Binance has not had any significant security incidents, making it a safe place to buy, sell, and deposit your cryptocurrencies.
However, it's not the only one. There are many other exchanges in the market that are equally as secure as Binance. It's not a bad idea to register with another one to explore other exchanges and see if there is one that better suits you. Some of our recommendations are:
- Bitget, which offers a great advantage over its competitors as it is the only exchange with no fees on its spot market. It does have fees, although very low, on its futures market, but this product is intended for professional traders. You can buy TEL from the "Buy cryptos" tab, in the "Third-party payments" button. Register through this link to buy Telcoin without commissions. If you are curious, you can read the article about exchanges without fees.
- KuCoin will surely be one of the best platforms to buy TEL due to its low fees and its wide range of available cryptocurrencies. However, you cannot buy cryptocurrencies with a bank card on its platform. If you still want to try KuCoin, it has a 5% discount on fees forever if you register through this link.