Telos is one of the most dynamically developing blockchains and today’s biggest winners. Its value increased by almost a third today after the platform announced the launch of a new DEX.
This article will tell you all you need to know about Telos: the details about the network, whether it’s a good investment, and the best places to buy Telos.
Top places to buy Telos now
As TLOS is such a new asset, it's yet to be listed on major exchanges. You can still purchase TLOS using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy TLOS right now, follow these steps:
1. Buy ETH on a regulated exchange or broker, like eToro ›
We suggest eToro because it's one of the world's leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It's also beginner-friendly, and has more payment methods available to users than any other available service.
2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask
You'll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the 1Inch DEX
Head to 1Inch, and 'connect' your wallet to it.
4. You can now swap your ETH for TLOS
Now that you're connected, you'll be able to swap for 100s of coins including TLOS.
What is Telos?
Telos is a fast and scalable blockchain with a focus on real world use and adoption. Telos-based tokens, NFTs, and smart contracts are already being used for DeFi, gaming, social media apps and more.
Telos is home to over 100 distinct applications (dApps) including Taikai, Qudo, Qubicles, Appics, Wordproof, Seeds, Zeptagram, and NewLife.
These applications enjoy a speed of 0.5s block times and scale of 10,000+ TPS. Telos provides robust services for voting, sentiment, decentralized file storage, and location.
Telos does not charge gas fees on the native platform and only minute ones on EVM to keep spammers away. There is no front running with Telos EVM. Block producers are located around the world and cannot be owned by the same entity.
Telos also describes itself as the most energy efficient blockchain, which aims to offset all of its carbon emissions.
Using the Governance Engine, the Telos community makes all decisions on proposals, board members, and everything else affecting the Telos ecosystem.
Should I buy Telos today?
Telos can be a lucrative investment. However, it’s best to wait and see how its price trajectory will develop. It can reverse gains just as quickly and easily.
Telos price prediction
According to Wallet Investor, Telos’ price will increase long term. In January 2027, it will trade for $4.48. A 5-year investment will generate revenue of +382%. If you put $100 in Telos now, you might have $482.45 in 2027.
Telos on social media
What a beautiful one day candle🤩 #telos #TelosEVM $TLOS when you know you know!❤️ (DYOR NFA) pic.twitter.com/OcWVNrOCEz
— 🟣Patricia vazquez (@cryptowordchica) January 31, 2022
