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About TELEBTC

teleBTC is a fully decentralized wrapped Bitcoin asset on Polygon, powered by the TeleportDAO bridge, a light-client bridge between Bitcoin and Polygon. Users can move their BTC back and forth between Bitcoin and Polygon without relying on any centralized third party. Each teleBTC is backed by 1 native BTC plus 1.3 BTC value of MATIC, making it a highly secure wrapped asset. teleBTC enables users to utilize their BTC within the Polygon ecosystem. Additionally, we have built TeleSwap, a decentralized exchange for BTC, allowing users to exchange their BTC for other assets on Polygon by wrapping their BTC to teleBTC first.To ensure security, the protocol utilizes two techniques: requiring custodians to lock up collateral and monitoring their Bitcoin activity on the Polygon blockchain through a smart contract. Users can mint teleBTC by sending BTC to a custodian's Bitcoin address and submitting proof of payment onto the Polygon contract. Users can submit a burning request on the smart contract to burn their teleBTC and receive their BTC back on the Bitcoin blockchain. The TeleportDAO bridge provides access to the entire data of the Bitcoin blockchain on Polygon, enabling the monitoring of custodian activity.

teleBTC (TELEBTC) is a cryptocurrency launched in 2023. TELEBTC has a current supply of 0 with 0 in circulation. The last known price of TELEBTC is 852.42 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at http://teleswap.xyz/.

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TELEBTC Price Statistics
TELEBTC’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#4956
TELEBTC Market Cap
Market Cap
$0
Fully Diluted Market Cap
$17.90Bn
TELEBTC Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
TELEBTC Supply
Circulating Supply
0
Total Supply
0
Max Supply
21.00M
Updated Jan 08, 2024 4:30 pm
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TELEBTC
teleBTC
$852.42
$0(-0.00%)
Mkt Cap $0
There's nothing here for now

Frequently Asked Questions

  • What is the all-time high price of teleBTC (TELEBTC)?

    The all-time high of TELEBTC was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of teleBTC (TELEBTC) is 0. The current price of TELEBTC is down 0% from its all-time high.

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  • How much teleBTC (TELEBTC) is there in circulation?

    As of , there is currently 0 TELEBTC in circulation. TELEBTC has a maximum supply of 21.00M.

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  • What is the market cap of teleBTC (TELEBTC)?

    The current market cap of TELEBTC is 0. It is calculated by multiplying the current supply of TELEBTC by its real-time market price of 852.42.

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  • What is the all-time low price of teleBTC (TELEBTC)?

    The all-time low of TELEBTC was 0 , from which the coin is now up 0%. The all-time low price of teleBTC (TELEBTC) is 0. The current price of TELEBTC is up 0% from its all-time low.

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  • Is teleBTC (TELEBTC) a good investment?

    teleBTC (TELEBTC) has a market capitalization of $0 and is ranked #4956 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze teleBTC (TELEBTC) price trends and patterns to find the best time to purchase TELEBTC.

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