Market Cap
$434,501,811 USD
Volume (24h)
$2,590,777 USD
ETN is a mobile cryptocurrency. The entire premise of this coin revolves around the mobile app which is meant to be easy for the masses to adopt. In addition to ease of use, their mobile users will also be able to mine their Electroneum investment using their mobile phones positioning this coin as a powerful way to pull in new crypto users by way of a device that they already have and to ease the learning curve of adopting alternate currencies in everyday life.
The project is also angling for some valuable partnerships in the telecom space that could help their platform blast off into the mainstream. Continue reading to see the concept and the pros and cons of this project in detail.
How to buy?The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.
The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.
It's possible to buy Electroneum on a few exchanges, but it's still absent from many of the larger players. The most popular trading pair is for Bitcoin, but there is a small segment of volume available for Ethereum should you prefer to trade for it that way.
To store your ETN tokens it would most likely be easiest to use their mobile app. They do have an alternative paper wallet option as well if you'd prefer a cold storage method for your investment or it's also easy to gift coins to others this way!
Even with all the features Electroneum does currently offer, they are experiencing growing pains. The platform website and signup processes very slow, and so many users have encountered bugs with the PIN verification system it uses. Similarly, there are reports of issues with the mobile wallet, issues with sends not going through, and these is a major setback and may cause users to dump the coin. This is one thing the technical team need work on, without that, I don’t think anything good will come out from Electroneum. Although the idea behind these coin is cool and should be an indication for investors to warm up to.