Where To Buy Electroneum Coin ((EXCLUSIVE))
We are not affiliated or partnered in any way, with any exchange. Due to regulation, we cannot advise on where to purchase ETN or what payment options are offered by each exchange. Below you will find a comprehensive list of all the exchanges that can currently be used to buy ETN.
where to buy electroneum coin
Earn more selling your digital skills online to thousands of buyers at AnyTask.com. Use ETN to pay for everyday essentials including mobile airtime and data and utilities top-up. Send ETN anywhere in the world for a fraction of the usual cross-border transfer cost (equivalent to a fraction of a US cent).
Electroneum was created in September 2017. Its ICO (initial coin offering) ended early as it reached its hard card of $40 million. Interestingly, Electroneum was the first British based team to launch a new cryptocurrency.
Another really cool feature is that the Electroneum app allows you to mine coins from your mobile phone! Mining is the process of using computing power to verify transactions on the blockchain. However, when mining popular coins like Bitcoin, you need really expensive hardware which uses lots of electricity.
The price performance of Electroneum has been quite inconsistent since it was launched. When it first started trading, it was priced at $0.09 per coin and reached heights of $0.22 in early January 2018.
How to buy an Electroneum question is always followed by where to buy Electroneum one. As the Electroneum coin is quite a new cryptocurrency, there are only a few exchanges that you can buy it from. I will cover each of these exchanges and their advantages and disadvantages so that you can decide which one is best for you. Your decision might be based on the payment methods available, the fees, or maybe something else.
The Kucoin exchange was created in May 2017 and is located in Hong Kong. It allows users to buy, trade and sell over 70 different cryptocurrencies, including Electroneum. Unfortunately, Kucoin does not allow you to use fiat money to deposit or withdraw, so you will need to fund your account using a different cryptocurrency.
If you are looking to buy ETN at Kucoin, you can exchange it with either Bitcoin (BTC) or Ethereum (ETH). The trading volume for both of these coins is good, so you should have no problem finding a seller!
Kucoin fees are also really good, and each trade will only cost you 0.1%. Deposits are always free, but withdrawals do cost money and the amount will depend on the cryptocurrency you would like to withdraw.
Another good thing about Kucoin is that the customer service is excellent, allowing users to get support through telephone, email and even live chat. There is also a full-time security team at Kucoin, ensuring that your funds remain safe.
I am now going to show you how to buy Electroneum from Kucoin. Personally, this is my favorite exchange out of the three listed above. It has the highest trade volume, the cheapest fees, and the sign-up process is really simple!
Now, go back to Coinbase and paste the address into the required field. Once you click Send, your Ethereum coins will be sent to your Kucoin account. This can take up to 10 minutes to complete.
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To boost its growth, AnyTask launched TV ads in the US. It may be a morale boost for investors in electroneum but a 2 sided marketplace with barely a few hundred thousand users should focus on digital marketing rather than expensive TV ads. We do not recall any tech company launching TV ads so early in their traction ever since the dotcom bubble.
Though these could be good initiatives, it is too many things to do for a company of 50 employees. Any startup builds subpar or at best mediocre products without focus. This seems to be the case with electroneum with their app getting 2.5 stars on Google Play. You have to do really bad for people to rate an app giving away free money with 1 stars. We noticed many user problems with customer service. They could invest in better customer support rather than these new initiatives.
Many assets with limited intrinsic value such as gold, silver or bitcoin are valued highly by investors. However, this is due to the significant market acceptance over history. Even wide market acceptance is not necessary though. Assets with no intrinsic value and limited market acceptance like Dogecoin have created billionaires.
So you could speculate, buy now and sell at the right time and make money with luck. Or it could end up as a dud where you lose all your money. We are not in the game of speculating on assets without intrinsic value but it is definitely a popular pastime these days.
If you want to read about electroneum clones which also introduced referral marketing into the concept, feel free to check out Pi Network or Bee Network. We are more sceptical about these projects since their currencies are not even tradable but they have accumulated passionate followers. And if you want to do something more productive, we have advice on how to lead a more productive life.
The Electroneum ICO (initial coin offering) raised $40,000,000 USD by selling 3993461000 Electroneum tokens at a price of $0.01 USD. The Electroneum ICO began on September 14, 2017 and ended on October 20, 2017. Key team members during the Electroneum ICO included Richard Ells, James Atkinson, and Dean Cole.
Whether you want to use Electroneum (ETN) for payments or as a speculative asset, you will need to figure out how to buy Electroneum in the UK. It is not as easy as purchasing Bitcoin, which most cryptocurrency exchanges support.
CEX.io is a regular option for UK and European users to buy Bitcoin and other cryptocurrencies. Moving from GBP or EUR is almost instant if you use bank cards, and you can receive BTC at an external address.
Coinbase is another popular cryptocurrency exchange that allows UK users to buy Bitcoin with GBP. The transaction flow is also relatively simple, and you should have Bitcoin in your wallet within a few minutes. Note, however, that you cannot buy Electroneum with Coinbase since the platform doesn't list the asset.
Unlike the other platforms we've reviewed, LocalBitcoins is a peer-to-peer cryptocurrency exchange. As a UK user, you can buy Bitcoin from registered sellers in the UK and complete the payment using your preferred payment option.
Suppose you purchased Electroneum to use it for payments and similar purposes. In that case, you can transfer it to the Electroneum app, which is available for download (Android and iOS). Copy your address from the app and initiate a transfer from the exchange where you bought ETN.
However, if you acquired ETN as an investment and intended to sell it in the short term, it may be best to leave it on the exchange where you purchased it. Remember, though, that this comes with third-party risks, such as the exchange getting hacked or going offline when you need your funds.
It is the first and foremost digital coin introduced for usage in mobile devices. It uses several disruptive technologies and smartphone users of around 2.2 billion are using it all over the world. It requires authentication for each and every transaction performed on the network. It contains a blockchain explorer, which is responsible for the examination and verification of payments. It raises funds for the purposes of technical development, marketing and translation. Users of around 1012 are being registered in this platform till now.
Electroneum coins have a maximum volume limit of around 21 billion. The users must undergo a verification process with ordinary digital signatures like Schnorr, DSA and so on. It was launched in June 2017 in Southeast, England. Richard Ells is the Founder as well as the Chief executive officer (CEO) of this platform. The major motto of this platform is to capture the markets of online gambling and mobile gaming.
Electroneum was launched in September 2017 as the first UK-based cryptocurrency and today, it is one of the top cryptocurrencies in the market. This Electroneum Price Prediction guide will give you a detailed understanding of the Electroneum coin ETN and how it is distinct from other digital assets.
Their development team designed Electroneum to operate seamlessly on mobile devices and to ease and secure smartphone transactions. In addition to that, users can mine ETN coins into their Electroneum wallets using their smartphones.
Like every other digital asset today, the Electroneum coin is a digital asset created on blockchain technology. This digital asset is unique because it is a smartphone anonymized cryptocurrency that operates on its blockchain compared to other cryptocurrencies that usually operate on Ethereum or another blockchain. Another feature that distinguishes the Electroneum network focuses on portable devices and fast micropayments.
It was forked twice this year: the first split eliminated ASICs from the network, while the second reinstalled them. What matters most to individuals is that their coins are entirely secure throughout both divisions and now have the following features:
When Electroneum was launched, it was initially built using the Monero codebase, which focused on the gaming and gambling industry. However, things changed, and the digital coin turned its sight to creating a platform that solely allows instant cross-border payments.
Earn more by selling your digital skills online to thousands of buyers at AnyTask.com. Use ETN to pay for everyday essentials including mobile airtime and data and utility top-up. Send ETN anywhere in the world for a fraction of the usual cross-border transfer cost (equivalent to a fraction of a US cent). Find out more uses of ETN here.
So far, Electroneum has performed average if we are to compare it with other cryptocurrencies. This digital coin has also been able to generate interest from investors because it can be mined using just a smartphone. 041b061a72