Debit Card Deposit Guide
How to deposit using your debit card on the Telcoin app?
Step 1: Navigate to the home page on the Telcoin Application and press the plus sign (Transactions) at the bottom of the screen. From here, press on Deposit, choose Debit Card and place the amount of the USDC you intended to deposit.
Step 2: Confirm Deposit
The Confirm Deposit page shows the amount of your deposit, deposit fees and the total amount that will be charged to your debit card. This is NOT the final page of the deposit.
If you agree with the rate, please tap confirm. You will then be directed to go through the Transak KYC.
Step 4: Final Confirmation of the Deposit
Place the code, tap on the checkbox under "I agree with Transak's Terms of Use and Privacy Policy" and tap on continue.
- Your Telcoin application should be updated to the latest version
- Use the same mobile number, email address and identification that was used with the Telcoin Application when going through the Transak KYC.
FAQs
Can I deposit using my debit card without doing KYC?
- No. Only Telcoin approved accounts can use this product.
How will I find out if my Transak KYC is approved?
- An email notification will be sent to you by Transak to confirm your KYC approval.
What is the minimum deposit amount?
- The minimum deposit amount is 35 USD but could vary on which bank you are using.
What is the maximum deposit amount?
- Transak have implemented a 3,000 USD limit per transaction, and a 5,000 USD limit per day. Some banks might offer a lower deposit limit. In this case, you will need to contact your bank directly to adjust your deposit limits.
If you have any further questions or clarifications please reach out to our Support Desk.