Telcoin wants to increase the adoption of cryptocurrency by partnering with mobile phone services. Their plan is to distribute these tokens to telecom providers for free if they will distribute them to their user bases. The operators will then sell these tokens to users which can be used for low-cost remittance or purchasing goods and services.
They also plan to use their service to provide banking services to those who would not have access to them via traditional means. While many in Asia don't have a bank account, they do have a mobile device, and Telcoin will allow them access to financial services through their telecom operator.
This is an interesting system, but will it work? Read on for a full Telcoin investment analysis if you're interested in learning more about this blockchain project's solution.How to buy?
Investors that want to buy Telcoin can do so on several different cryptocurrency exchanges. Bitcoin and Ethereum are the available currency pairings, and there seems to be enough liquidity in both to support a trade. Potential investors should have no problem acquiring their assets.
This is an ERC20 asset, and that means you'll need a compatible Ethereum wallet in order to store your investment. There's plenty of great options here, and this will mostly be left to your personal preference. If you need a suggestion, then you could check out Meta Mask, or perhaps Coinomi multi-asset wallet for Android or iPhone. In any case, make sure to back up your wallet file or seed phrase for safe keeping. This will be the only way to recover your assets in the event that your device is lost, stolen or becomes inoperable.