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How to buy Telos (TLOS) in the UK

Learn how to buy Telos (TLOS) in our step-by-step guide.

Where to buy Telos in the UK

Unfortunately, at this time no major exchanges in the UK offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

Unfortunately, at this time no major exchanges in the UK offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

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.

Ledger Nano X Wallet

Trezor Model T Wallet

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Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

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.

      • Today's Telos price versus ATH

      Compare today's price of Telos ($0.230052 USD) against its all-time-high price of $1.43 USD on 07 February 2022. The closer the bar is to 100%, the closer TLOS is to reaching its ATH again.

      Telos's price: $0.230052
      ATH date: February 07, 2022
      16.09%

      Telos ATH: $1.43


      How to trade, convert or sell Telos

      You can convert or sell your TLOS with the same exchange you bought it through:
  1. Sign in to the exchange you have TLOS on.
  2. If you store your Telos in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of TLOS you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Telos.
  6. Complete your transaction and move your TLOS to a wallet for storage.
  1. Data by CoinGecko

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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