
Telos (TLOS) is in the top 1,000 cryptocurrencies by market cap, valued at $55,985,882.
Telos is a highly volatile asset capable of major price swings in a single day. Today TLOS is trading for $0.179238, which is slightly up from yesterday's trading price of $0.1865318816. Telos's seen a decrease of -78% over the past year.
So before you buy Telos, make sure you understand these unique risks as well as its legal, regulatory and tax status here in the US.
If you're ready to get started, read on for step-by-step instructions and a list of platforms you can use to buy Telos.
How to buy Telos in 4 steps
The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.
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Compare crypto exchangesThe easiest way to buy Telos is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
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Create an accountTo create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
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Make a depositOnce verified, you can deposit using the payment method that best suits you – bank transfer, credit card, cryptocurrency and debit card payments are widely accepted.
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Buy TelosYou can now exchange your funds for Telos. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Telos to your personal wallet.
Where to buy Telos
Find an exchange to buy, sell and trade TLOS by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
How we keep this Telos guide up-to-date
- TLOS price data is regularly updated through data feeds so you always have the latest information.
- Telos performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.
- Key information on coins and how to buy them is regularly reviewed by our editorial team of James Edwards, Frank Corva and Billy Endres.
- Our coin coverage and exchange information is regularly reviewed by our publishing experts Louise Vinciguerra and Molly Wiltshire-Bridle.
How do I find the best places to buy Telos?
Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in to help you choose the one that's right for you.
Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.
What will I need to buy Telos?
To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.
An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Telos.
- This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
- Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing TLOS with your local currency then you will need to pass KYC.
- Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.
What are the best ways to buy Telos?
Once you've created an account, you will need to deposit funds to buy TLOS with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to to buy TLOS:
- Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
- Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
- Cryptocurrency: You can usually purchase TLOS by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for TLOS on the spot market to see what cryptocurrencies it can be traded for.
What is the easiest way to buy Telos?
The easiest way to buy TLOS is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.
Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.
Best Telos wallets to store your TLOS
You can keep your TLOS on the exchange you purchased it on, or move it to a personal wallet:
- Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
- Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your TLOS below.
Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.
Is Telos a good investment?
Altcoin investments can be extremely risky. That is why it is crucial to evaluate both the token and the associated platform. Here are a few factors to consider before investing in TLOS:
- USPs:The Telos blockchain holds some unique selling points in comparison to competing layer-1 blockchains. Alongside increased speed and scalability, Telos removes some of the transactional front-running problems that commonly occur with the prominent layer-1 market leader - Ethereum. The issue of front-running is a problem that has caused many organisations and institutional investors to rethink crypto adoption, therefore, offering a solution to this may increase institutional uptake.
- Tokenomics: The total supply of TLOS coins is approximately 355 million, however, this is not a capped maximum. Although intended to be inflationary, this was changed in 2019. Now, unlike other blockchains, block producers are not rewarded with block rewards. Instead, they are rewarded from the Exchange Token Reserve Fund and subsequently the TLOSrecovery fund. Both funds are expected to last until 2024. By using these funds, the coin is currently not inflationary. However, subsequent to these funds running out, inflationary mechanisms may need to be reintroduced. The reward for block producers is currently set at 4.1 million TLOS coins per month.
- Competition: There are now tens of highly competitive layer-1 blockchains within the cryptocurrency industry. Each is competing to control market share which means that the Telos blockchain has its work cut out. The Telos blockchain will need to continually improve and innovate to stay ahead of the competition and take market share away from industry leaders, such as Ethereum and Solana.
- Sign in to the exchange you have TLOS on.
- If you store your Telos in a digital wallet, compare crypto exchanges to convert or sell it on.
- Choose Sell or Convert and place a sell order.
- Choose the amount of TLOS you'd like to convert or sell.
- Confirm the sell price and fees and close your sale of Telos.
- Complete your transaction and move your TLOS to a wallet for storage.
Today's Telos price versus ATH
Compare today's price of Telos ($0.179238 USD) against its all-time high (ATH) price of $1.43 on February 07, 2022. The closer the bar is to 100%, the closer TLOS is to reaching its ATH again.
How do I trade, convert or sell Telos?
You can convert or sell your TLOS with the same exchange you bought it through:Similar assets
Get started with crypto
Crypto exchanges and wallets
Learn how to buy other cryptos
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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