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Altcoin News

Telcoin (TEL) Jumps 25% After SEPA Update for EU Users

Written By Dishita Malvania
Fact Checked by Dhara Chavda
Published February 14, 2025 3:43 PM·Updated 11 months ago
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Telcoin (TEL) Jumps 25% After SEPA Update for EU Users

Telcoin (TEL) price has jumped by a staggering 25.47% in just one day, currently priced at $0.009826, with a market cap nearing $902.72 million and trading volume soaring by over 167%, the buzz around Telcoin is stronger than ever. But what’s driving this surge?

#SEPA deposits and withdrawals are available for #Telcoin Wallet users in the European Union! 🇪🇺

EU residents can now deposit into the app with a connected bank account, access more than 100 digital assets, and withdraw back to their bank.https://t.co/n14i2ko8ej pic.twitter.com/sB8CSlzudo

— Telcoin (@telcoin) February 13, 2025

The answer is a significant new feature for the Telcoin Wallet users in the EU is SEPA deposits and withdrawals. This latest announcement sees Telcoin Wallet for EU residents seamlessly link their bank accounts, enabling easy deposits, trading of over 100 digital assets, and money back to the bank. 

Telcoin price chart
Source: CoinMarketCap

This definitely increases the usability and convenience of Telcoin usage in Europe, which likely has added to the price rise.

By integrating SEPA support, Telcoin is opening the door for more Europeans to dive into the world of digital assets, creating a seamless bridge between traditional banking and cryptocurrency.

As more users get involved, this could lead to even greater adoption and further price growth. Looks like Telcoin is making some big moves in 2025.

Also Read: Zcash Plunges 21%, $6M Long Positions Liquidated

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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