Characteristics and Buying Guide for “TeslaCoin”




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What is “TeslaCoin” and its features?

TeslaCoin is a cryptocurrency built on the Ethereum technology, following the concept of Proof of Work (PoW) and supporting multiple algorithms for mining. Its symbol is TES, and TES is primarily traded on the web-based exchange platform TeslaCoin.io, where it can be exchanged with popular cryptocurrencies such as Bitcoin and Ethereum.

Features of TeslaCoin:

TeslaCoin refers to a robot that automatically buys and sells major cryptocurrencies such as Bitcoin and Ethereum, specializing in short-term cryptocurrency trading (※). TeslaCoin uses its unique token called TES as a currency, but the price is not stable. TeslaCoin is not affiliated with the US government or Tesla Inc.

 

How to Buy TeslaCoin (TES) – a Cryptocurrency!

Here’s how you can buy TeslaCoin:

  1. Access the official website of TeslaCoin and create a free account.
  2. Log in to your account and make a minimum deposit of $250. You can choose to deposit in cryptocurrencies such as Bitcoin or Ethereum.
  3. Set up your trading preferences, including the cryptocurrencies you want to trade and risk management settings.
  4. Turn on the auto-trading mode. The TeslaCoin robot will execute buy and sell orders based on market movements.
  5. When you have made a profit, you can withdraw your funds. Withdrawals are available instantly at any time.

Overseas exchanges that handle TeslaCoin (TES)

As of March 2023, there are no overseas cryptocurrency exchanges that handle TeslaCoin. The official website of TeslaCoin does not provide any information about exchanges.

Therefore, currently the only way to purchase TES is directly from the TeslaCoin platform, which requires a minimum deposit of $250. However, when using the platform, be aware of the following points:

  • TeslaCoin may not be partnered with brokers that have received full regulatory certification.
  • Information about the algorithm’s trading success rate and other details may not be disclosed by TeslaCoin.
  • TeslaCoin does not have a mobile app and can only be used on a computer or browser.

 

As of March 2023, TeslaCoin is not available for use in Japan, and Japan is not included in the list of countries where TeslaCoin can be used.