While some are more straightforward and beginner-friendly than others, you shouldn’t encounter any difficulties with either of the top-rated exchanges. That said, many users believe that KuCoin is one of the simpler exchanges on the current market. The third possible exchange to consider in this “How to buy Electroneum” guide is Qryptos.
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However, you will need other cryptocurrencies such as Ethereum and Bitcoin to buy this coin. Then I will review three of the best exchanges to buy Electroneum from, followed by a simple step-by-step guide showing you exactly how to buy Electroneum for the first time. With so many different cryptocurrencies to choose from, it can be a headache knowing which one to invest in. However, I guess that by visiting this article, you have decided that the Electroneum coin is worth your investment! Well, I’ve got some good news for you — you’ve come to the right place.
In layman’s terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. The exchange platform (i.e. Binance) acts as a middleman – it connects you (your offer or request) with that other person (the seller or the buyer). With a brokerage, however, there is no “other person” – you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term – exchange.
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. Access over one-fifth of the world’s population who are now able to use digital payments for the very first time. Our API will allow you to provide your customers with an easy way to spend the ETN they earn on your products and services.
Coinbase will utilize this information to send you a verification code in which you will have to submit to them further. Nevertheless, if you want to purchase this coin using cryptopia then you can exchange it for Tether (USDT), Litecoin (LTC), Ethereum (ETC), Dogecoin (DOGE), and Bitcoin (BTC). However, the only fiat currency that Cryptopia accepts is the New Zealand dollar.
A new way to send
- For example, if you are selling 2 Bitcoins for Electroneum, you will pay a fee of 0.004 BTC.
- When it first started trading, it was priced at $0.09 per coin and reached heights of $0.22 in early January 2018.
- As the Electroneum coin is quite a new cryptocurrency, there are only a few exchanges that you can buy it from.
- If you’re looking forward to buying ETN at this exchange, you can exchange your money to ethereum or bitcoin.
For example, using Western Union to transfer $200 to Africa costs an average of 12% in fees, meaning the receiver would lose $24. This is a lot of money for a lot of people, especially those living in poverty. Its ICO (initial coin offering) ended early as it reached its hard card of $40 million.
How to buy Electroneum: Beginners Guide to Buying Electroneum
In the coming months, mining how to buy electroneum on cryptopia will become available to other organisations worldwide, such as Universities. The article is quite good and has a lot of information to help people understand more how to buy electroneum. If you have read it all the way through, you will now have some knowledge or Electroneum and some of the benefits it offers to its users.
Open an Account at Kucoin
In 2018 the ETN-Network we voluntarily and pro-actively introduced robust KYC and AML compliance procedures ahead of the European 5th Anti-Money Laundering Directive. Ensuring new users are on-boarded in accordance with global compliance for everyone’s protection. Operating within international guidelines set out by global bodies including the The Financial Action Task Force (FATF) the global money laundering and terrorist financing watchdog. To ensure that we operate lawfully in all relevant ETN-Network jurisdictions. One of the main reasons why you should buy ETN is that it comes with a mobile app that you can use easily to receive and send Electroneum coins at a very affordable cost.
