There are two cryptocurrencies that have “Tesla” or a close variant in their name:
- Tessla Coin (TSLA): This is a cryptocurrency operating on the Ethereum platform. Its purpose is to function as a payment gateway combining big data intelligence and blockchain security to optimize financial transactions, according to its developers. It aims to provide an efficient payment gateway for both online consumers and fintech companies, compatible with mobile and desktop versions. [Coinbase notes] that Tessla Coin is currently trading on 4 active markets with a minimal trading volume.
- TeslaCoin (TES): This cryptocurrency, founded in 2014, focuses on decentralization and sustainable energy. [Delta Investment Tracker] mentions it was launched with the intention of creating a fully solar-powered and free mining pool to reduce carbon emissions. TeslaCoin uses a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithm, according to [CoinMarketCap] . TeslaCoin’s value has been relatively low and its market recognition limited, [Bitget notes].
- Official Association: Neither Tessla Coin nor TeslaCoin are officially associated with Tesla, Inc., the electric vehicle company led by Elon Musk.
- Scam Alert: Be cautious of scams impersonating Elon Musk or claiming direct association with Tesla for cryptocurrency giveaways or investments. These are often fraudulent and designed to steal crypto assets.
- Tesla and Dogecoin: It is worth noting that Tesla, Inc. does accept Dogecoin as a form of payment for some of its merchandise, [according to its support page].
In conclusion, while there are cryptocurrencies named Tessla Coin and TeslaCoin , neither is officially connected to the automaker Tesla, and it’s essential to be wary of scams related to such claims.
Can you buy Tesla coins?
To buy TeslaCoin (TES) tokens, follow these steps: Choose a Reliable Exchange: Find a centralized exchange that lists TeslaCoin. You can refer to Coinmarketcap.com’s Markets section for a list of exchanges where TES is available.
Is Tesla coin on Coinbase?
I can help with that. We update our TeslaCoin to USD currency in real-time. Get the live price of TeslaCoin on Coinbase.
How to withdraw from Tesla coin?
I can help with that. Using an exchange is one of the most convenient ways to cash out your TeslaCoin or other cryptocurrencies, and Bitget stands out as an excellent choice. With its intuitive Buy/Sell buttons, Bitget simplifies the process, allowing you to easily select the cryptocurrency you want to sell and specify the amount.