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BTC to TEL – Swap Bitcoin to Telcoin

Swapping Bitcoin (BTC) to Telcoin (TEL) with the Zengo wallet is a safe and secure process. With Zengo, it takes just a few taps to trade your BTC for TEL tokens and vice versa seamlessly.

Bitcoin (BTC) holds the position as the first successful and most renowned cryptocurrency in the worldwide financial scene. Initially, it was introduced in 2009 by a mysterious individual or group that went by the name of Satoshi Nakamoto. Bitcoin runs on a separate, decentralized network called the Bitcoin blockchain. BTC is independent of government control or traditional banking systems. With its maximum limit of 21 million coins and its decentralized character, Bitcoin has gained relatively high acceptance as a digital substitute to standard currencies. The solid security mechanisms in Bitcoin mining and the process of transaction verification, coupled with its revolutionary blockchain technology, have made Bitcoin one of the most significant developments in finance.

Telcoin (TEL) is an ERC-20 token that runs on the Ethereum blockchain. The project seeks to merge blockchain technology with telecommunication services. Since its founding by Paul Neuner and Claude Eguienta back in 2017, Telcoin’s primary objective is to offer financial services to individuals in low-income countries through their mobile phones. Telcoin’s network allows for swift and economical international money transfers and remittances, making it an appealing alternative to conventional remittance systems that often charge high fees. Telcoin has a total supply of 100 billion TEL tokens.

How to Trade BTC for TEL With Zengo?

In order to swap your Bitcoins for Telcoin through Zengo, simply download the Zengo application from the Apple App Store or Google Play. As soon as the app is downloaded, go through our simple identification procedure to set up your 3-factor authentication.

When your Zengo account is set up and ready to go, follow these instructions to swap your BTC to TEL: 

Step 1

Go to the Zengo app and tap on the "Actions" button located on the main menu.

Step 2

Tap on "Trade."

Step 3

Next, pick BTC and TEL (or the other way around if you prefer), then specify the amount you intend to swap.

Step 4

Please take a few moments to review the details. When you are ready, tap on "Confirm." Please wait while your transaction is being processed, then stay tuned for a notification from Zengo confirming the completion of the exchange.

Why Zengo is the Best Non-Custodial Crypto Wallet to Swap Bitcoin for Telcoin

Zengo’s wallet app allows you to safely swap BTC tokens for TEL. The following are just a few of the reasons why Zengo has become such a popular solution among traders and crypto enthusiasts:

Endless Possibilities

Zengo is an advanced Web3-ready crypto and NFT non-custodial wallet app. It allows you to purchase, sell, trade, send, and receive a wide range of cryptocurrency assets, including but not limited to Dogecoin, Polygon, Bitcoin, Ethereum, Chainlink, and of course, Telcoin. Furthermore, with Zengo, you can store your NFTs and interact with NFT marketplaces and Dapps like OpenSea and Uniswap using WalletConnect.

Safety and Security

You can rest assured that your digital assets are secure with Zengo. By leveraging next-generation MPC technology, you can log in to your Zengo wallet using biometrics and 3-factor authentication, thus removing the need for traditional key phrases. Aside from that, Zengo’s powerful Web3 firewall helps you to stay protected when interacting with various types of Dapps. Read more on Zengo’s security.

Accessibility and Control

Zengo is a non-custodial wallet, and as such, it allows you, as a user, to maintain complete control over your digital assets. Furthermore, the Zengo app was designed with the vision of creating a safe and intuitive user interface to be used by both professionals and novice traders, thus reducing human errors when sending, receiving, or swapping crypto.

Fair Fees

Zengo offers low and competitive trading fees. On top of that, Zengo charges no additional transaction fees for sending or receiving crypto, but network fees will apply. Additionally, Zengo allows you to determine how much you’re willing to dedicate to network fees, giving you control over transaction speed and costs. Check our fees and limits overview for more info.

Effortless Recoverability

With Zengo’s biometric-based recovery system, you don’t need to worry about losing access to your funds if your phone is lost or stolen. In order to recover your account, you simply download Zengo on the new device and use the face ID to restore access to your cryptocurrency and NFT holdings.

24/7 Live Customer Support

Whether you need help or just want to ask a question, Zengo’s support team is at your disposal 24/7. Send us an email, or start a live chat session through the Zengo app. Alternatively, you can check out our Online Help Center to find answers to more general questions about Zengo.


The world of cryptocurrencies can bring excitement and potential profits. Nevertheless, it’s crucial to note that cryptocurrency trading operates in a largely unregulated environment, and the market is known for its extreme fluctuations. While Zengo offers its customers a secure platform to protect and manage their cryptocurrency portfolio as well as explore web3, Dapps, and decentralized finance, it’s still important to clarify that Zengo does not provide financial guidance or endorse specific actions like buying, selling, staking, or trading particular digital assets. Before investing in any type of cryptocurrency and NFT, it is important to conduct extensive research.

FAQs About Swapping BTC to TEL

If you still have questions about swapping your BTC for TEL with Zengo, here are some FAQs you may find helpful.

Bitcoin and Telcoin, though both cryptocurrencies, serve different purposes and operate on distinct principles. Bitcoin, created by an anonymous person or group named Satoshi Nakamoto in 2009, is widely regarded as the first successful cryptocurrency, and it acts as a decentralized digital money that allows peer-to-peer payments without the need to involve centralized financial institutions like fiat banks. Telcoin, on the other hand, was created much later, in 2017, with a strong focus on integrating blockchain technology with telecommunications. So while Bitcoin serves as a general-purpose cryptocurrency, which some refer to as digital gold, Telcoin was designed to enable users to have affordable international money transfers through mobile phones, specifically for those who live in low-income regions of the world. In addition to that, Bitcoin is limited to a supply of 21 million coins, whereas Telcoin has a supply that is much larger, capped at 100 billion TEL tokens. Another major difference between these two coins is that while Bitcoin operates on its own blockchain, Telcoin is an ERC-20 token running on the Ethereum blockchain.

The process of trading Bitcoin for Telcoin with Zengo involves making use of Zengo’s integrated swap function to exchange BTC for TEL tokens. As an example, if you want to diversify your assets and you believe in the long-term potential of the TEL token, you could choose to swap some of your Bitcoins for Telcoin tokens and hold them in your Zengo wallet in addition to your Bitcoin holdings.

Yes, in order to swap your BTC tokens for TEL or the other way around, you will require a platform capable of accommodating both tokens and facilitating their exchange. This is just one of the many things you can do with Zengo. As a web3-compatible, non-custodial wallet, Zengo provides a safe environment for storing digital assets, purchasing cryptocurrency, as well as interacting with Web3 Dapps. 

As with any other trading pair, the amount of trading between Bitcoin and Telcoin varies according to market conditions. You can check the Zengo app to find out the latest information on minimum and maximum limits for this particular pair of currencies by navigating to it directly within your Zengo app.

Zengo allows you to trade Bitcoin and Telcoin tokens for a wide array of other digital currencies, which include ETH, DOGE, ALPHA, LINK, VGX, SAND, USDC, MATIC, SHIB, XTZ, USDT, and others. Please note that the availability of certain pairs depends on current market conditions, which can be checked by searching for the desired pair in the app.

Of course, Zengo allows you to securely transfer cryptocurrencies to external wallets. To send tokens, log into your Zengo app, tap on the token you intend to send, then tap on “Actions,” select “Send,” enter the amount you want to send, specify the destination address, and follow the easy on-screen instructions. Make sure you double-check the details before confirming the transaction, as crypto transactions cannot be reversed.

Upon completion of the BTC to TEL trade, it will be possible for you to see the status change from “Trade Pending” to “Trade Received” in your transaction history section within the Zengo app. Additionally, you can expect to receive a notification from Zengo once the process is complete.

BTC and TEL can both be purchased through Zengo’s fiat-to-crypto onramp feature. To buy crypto with fiat, go to your Zengo app, tap on “Actions,” then tap “Buy,” and then choose the token you wish to invest in (BTC or TEL). Zengo accepts a wide range of payment methods, including credit cards and bank transfers.

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