How and Where to Buy Electroneum (ETN) – An Easy Step by Step Guide

About ETN

What Is Electroneum (ETN)?

Electroneum is a mobile-phone-based crypto platform that offers an instant payment system. The project was formed in July 2017 and launched in September 2017 as the first U.K.-based cryptocurrency after completing a $40 million ICO.

The focus of the Electroneum project is to provide the quickest and safest crypto transaction with minimal fees for the world’s unbanked population, which accounts for a billion of the world’s population.

Continuing its focus on giving individuals with only access to smartphones a cheap and easy way to spend money all over the world, Electroneum launched its wallet manager in December 2017.

In March 2018, Electroneum launched the first Android mobile “mining” application where people could take advantage of the processors of their device to mine ETN coins. In April of the same year, it secured a patent for instant crypto transactions.

Who Are the Founders of Electroneum?

The brains behind the Electroneum project is Richard Ells. Before his foray into the crypto industry, Richard Ells worked as an entrepreneurial marketeer while harboring his desire to become a coder.

He is also the owner of Retortal, a social media management platform designed for businesses in the direct selling industry, and SiteWizard, a digital agency which he co-founded and still serves as a director to date.

In late 2019, Richard Ells, as CEO of Electroneum, founded and organized the launch of AnyTask, the first freelance platform to focus on creating a digital economy for the developing countries.

Although the platform is open to freelancers from all over the world, the emphasis is placed on the unbanked in developing countries, similar to other products launched by Electroneum.

What Makes Electroneum Unique?

At its launch in 2017, Electroneum, which was originally built using the Monero codebase, focused on the gaming and gambling industry. However, things soon changed and Electroneum turned its sight to creating a platform for instant payments across borders.

Electroneum migrated from the Monero blockchain to the moderated proof-of-responsibility (PoR) blockchain in Q2 of 2019 to focus on delivering better payment services.

While the primary objective of Electroneum isn’t very different from what many other crypto projects offer, it goes about it in a unique fashion. Electroneum has focused largely on bringing cryptos an easily accessible option, smartphones.

The goal of Electroneum is to reach out to the millions who do not have access to a banking system but own a smartphone; like PayPal, but with cryptocurrencies.

Electroneum takes a unique approach from other cryptocurrencies, even in mining. Electroneum effectively removed the need for expensive, dedicated, power-hungry mining devices, when it launched the first “mining” app in March 2018.

How Many Electroneum (ETN) Coins Are There in Circulation?

Electroneum’s total and circulating supply is limited by the company, and will never exceed 21,000,000,000 coins. Currently, there are 10,229,924,760 ETN coins in circulation which represents 49% of all the coins there will ever be.

Since migrating to its own blockchain, based on the proof-of-responsibility architecture, miners have been hand-picked by the project. This is done to ensure that there are only reliable miners in the Electroneum network.

Miners who are picked on Electroneum’s PoR are expected to spend the block rewards they receive responsibly in helping those less fortunate in harmony with Electroneum’s humanitarian agenda and also to maintain the integrity of the payment network.

Electroneum’s proof-of-responsibility also reduces the amount of energy required for the mining process. Hash rates are reduced from Giga hashes to less than half a kilo hash on the network, as Electroneum embarks on a journey to eco-friendly crypto mining.

This, in addition to the mobile mining app, are the two ways new coins are created on the Electroneum network.

How Is the Electroneum Network Secured?

Electroneum uses a new, unique algorithm which is called proof-of-responsibility (PoR). The goal of the PoR network is threefold: to provide a safer, more responsible, and greener blockchain.

On PoR, Electroneum now chooses and authenticates its validators, thus preventing a group of miners from controlling more than 50% of the network's mining hash rate or computing power; the 51% attack. Where the attack eventually happens, the blockchain layers are built to respond by identifying the source and shutting down the validator.

The new PoR blockchain also creates a permissioned network where Electroneum chooses miners based on their interest in the sustainability of the project. The 12 validators on the network are NGOs who use their block rewards for charity work.

Where Can You Buy Electroneum (ETN)?

Electroneum (ETN) is popular among online exchanges focused primarily on delivering mobile services. The top exchanges where you can trade Electroneum currently are:

  • Huobi Global
  • KuCoin
  • BiKi
  • BiONE
  • HitBTC
  • Sistemkoin, and
  • Liquid.

If you are new, you can find our simplified guide for purchasing crypto and more exchanges where you can trade here.

Currently, ETN is being ranked 157 on Coinmarketcap and has recently surged a hefty 73.01% at the time of writing.

ETN has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy ETN.

Step 1: Register on Coinbase

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC) or Ethereum (ETH). We will use Coinbase here as it is one of the largest crypto exchanges that accept fiat deposits. Use the link below to register at Coinbase and you will receive a free amount of $10 worth of BTC after buying $100 worth of cryptos.

Show Details Steps ▾

Type your email and click 'Get started'. Make sure you provide your real name as Coinbase will need it for account verification. Choose a strong password so that your account isn't vulnerable to hackers.

You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.

Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, Coinbase is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.

Step 2: Buy coins with fiat money

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You will be charged higher fees when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees, such as iDeal in some European countries.

Now you are all set, click the 'Trade' button at the top left, choose the coin you want to buy and confirm your transaction...and congrats! You've just made your first crypto purchase.

Step 3: Transfer your cryptos to an Altcoin Exchange

Select altcoin exchanges:

But we are not done yet, since ETN is an altcoin we need to transfer our coins to an exchange that ETN can be traded, here we will use Huobi Global as our exchange. Huobi Global is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. Use the link below to register your new account.

Huobi is originally a Chinese crypto exchange. From what it seems, it has now registered in the Seychelles. This exchange is one of the six exchanges from the Seychelles. The liquidity at Huobi is impressive. The liquidity, together with its customer support that is open 24 hours a day 365 days a year and good security. If you sign up to Huobi using our link below, you will receive a series of welcome bonuses, as follows: 1. USDT 10 when you have registered and verified your profile, 2. USDT 50 when you have deposited/bought 100 USDT worth of tokens via Huobi OTC, and 3. A chance of up to USDT 60 when you have completed a minimum of 100 USDT worth of crypto-to-crypto trading. Huobi does not allow US-investors on its exchange.

After going through a similar process as we've done before with Coinbase, you will be advised to set up 2FA authentication as well, finish it as it adds extra security to your account.

Step 4: Deposit BTC to exchange

Depends on the policies of the exchange you might be required to go through another KYC process, this should usually take you from 30 minutes to possibly a few days maximum. Though the process should be straight-forward and easy to follow. Once you're done with it you should have full access to your exchange wallet.

If this is your first time making a crypto deposit, the screen here may look a bit scary. But don't worry, it's basically simpler than making a bank transfer. At the box on the right, you will see a string of random numbers saying 'BTC address', this is a unique public address of your Bitcoin wallet at Huobi Global and you can receive Bitcoin by giving this address to the person to send you the funds. Since we are now transferring our previously bought bitcoin on Coinbase to this wallet, click on 'Copy Address' or right-click on the full address and click copy to grab this address to your clipboard.

Now head back to Coinbase, go to Portfolio page and click on Bitcoin on your asset list, then click on 'Send' on the right.

Under the Recipient field, paste the wallet address in your clipboard, for security consideration you should always check if both address are matching. It is known that there are certain computer malware that would alter the content in your clipboard into another wallet address and you will be essentially sending funds to another person.

Click 'Send' to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to Huobi Global!

Now go back to Huobi Global and head to your exchange wallets, don't worry if you haven't seen your deposit here. It is probably still being verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the network traffic condition of the Bitcoin network, during busy times it may take even longer.

You should receive a confirmation notification from Huobi Global once your deposit has arrived. And you are now finally ready to purchase ETN!

Step 5: Trade ETN

Go back to Huobi Global, then go to 'Exchange'. Boom! What a view! The constantly flicking figures might be a bit scary, but relax, let's get our heads around this.

In the right column there is a search bar, now make sure "BTC" is selected as we are trading BTC to altcoin pair. Click on it and type in "ETN", you should see ETN/BTC, select that pair and you should see a price chart of ETN/BTC in the middle of the page.

Below there is a box with a green button that says "Buy ETN", inside of the box, choose the "Market" tab here as that is the most straight-forward type of buying orders. You can either type in your amount or choose what portion of your BTC deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click "Buy ETN". Voila! You have finally bought ETN!

But we are not done yet, since ETN is an altcoin we need to transfer our coins to an exchange that ETN can be traded, here we will use ProBit as our exchange. ProBit is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. Use the link below to register your new account.

ProBit is a cryptocurrency exchange incorporated in Seychelles (ProBit Global) and South Korea (ProBit Korea) and accepting traders from all over the world. The exchange offers a wide selection of altcoins, DeFi tokens, staking events, low-fee trading and other popular crypto services that are accessible via quick and straightforward email registration. Korean users can participate in fiat trading too, though the platform supports South Korean Won (KRW) trading only. Besides, all fiat traders must verify their identity; however, that is not a requirement for international crypto-to-crypto traders. Overall, the platform has a great design, laudable security measures, and a professional team, that makes it one of the better altcoin exchanges worldwide.We have been unable to find any information that US investors should not trade on this trading platform. However, if you are a US investor, you should still always analyze whether your home state is impeding your foreign crypto trade. Sometimes the exchange has opened its doors despite your home state prohibiting you from trading.

After going through a similar process as we've done before with Coinbase, you will be advised to set up 2FA authentication as well, finish it as it adds extra security to your account.

Step 4: Deposit BTC to exchange

Depends on the policies of the exchange you might be required to go through another KYC process, this should usually take you from 30 minutes to possibly a few days maximum. Though the process should be straight-forward and easy to follow. Once you're done with it you should have full access to your exchange wallet.

If this is your first time making a crypto deposit, the screen here may look a bit scary. But don't worry, it's basically simpler than making a bank transfer. At the box on the right, you will see a string of random numbers saying 'BTC address', this is a unique public address of your Bitcoin wallet at ProBit and you can receive Bitcoin by giving this address to the person to send you the funds. Since we are now transferring our previously bought bitcoin on Coinbase to this wallet, click on 'Copy Address' or right-click on the full address and click copy to grab this address to your clipboard.

Now head back to Coinbase, go to Portfolio page and click on Bitcoin on your asset list, then click on 'Send' on the right.

Under the Recipient field, paste the wallet address in your clipboard, for security consideration you should always check if both address are matching. It is known that there are certain computer malware that would alter the content in your clipboard into another wallet address and you will be essentially sending funds to another person.

Click 'Send' to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to ProBit!

Now go back to ProBit and head to your exchange wallets, don't worry if you haven't seen your deposit here. It is probably still being verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the network traffic condition of the Bitcoin network, during busy times it may take even longer.

You should receive a confirmation notification from ProBit once your deposit has arrived. And you are now finally ready to purchase ETN!

Step 5: Trade ETN

Go back to ProBit, then go to 'Exchange'. Boom! What a view! The constantly flicking figures might be a bit scary, but relax, let's get our heads around this.

In the right column there is a search bar, now make sure "BTC" is selected as we are trading BTC to altcoin pair. Click on it and type in "ETN", you should see ETN/BTC, select that pair and you should see a price chart of ETN/BTC in the middle of the page.

Below there is a box with a green button that says "Buy ETN", inside of the box, choose the "Market" tab here as that is the most straight-forward type of buying orders. You can either type in your amount or choose what portion of your BTC deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click "Buy ETN". Voila! You have finally bought ETN!

But we are not done yet, since ETN is an altcoin we need to transfer our coins to an exchange that ETN can be traded, here we will use Liquid as our exchange. Liquid is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. Use the link below to register your new account.

LIQUID is a reliable exchange, with the Japaneses business branch being licensed and regulated by the Japan Financial Services Agency. They have a good track record of staying compliant with laws and regulations, going as far as delisting almost 30 assets this year to do so. US-investors may only trade crypto-to-crypto (and not fiat-to-crypto) here. The primary reason for excluding US-investors from fiat-to-crypto trading is legal.

After going through a similar process as we've done before with Coinbase, you will be advised to set up 2FA authentication as well, finish it as it adds extra security to your account.

Step 4: Deposit BTC to exchange

Depends on the policies of the exchange you might be required to go through another KYC process, this should usually take you from 30 minutes to possibly a few days maximum. Though the process should be straight-forward and easy to follow. Once you're done with it you should have full access to your exchange wallet.

If this is your first time making a crypto deposit, the screen here may look a bit scary. But don't worry, it's basically simpler than making a bank transfer. At the box on the right, you will see a string of random numbers saying 'BTC address', this is a unique public address of your Bitcoin wallet at Liquid and you can receive Bitcoin by giving this address to the person to send you the funds. Since we are now transferring our previously bought bitcoin on Coinbase to this wallet, click on 'Copy Address' or right-click on the full address and click copy to grab this address to your clipboard.

Now head back to Coinbase, go to Portfolio page and click on Bitcoin on your asset list, then click on 'Send' on the right.

Under the Recipient field, paste the wallet address in your clipboard, for security consideration you should always check if both address are matching. It is known that there are certain computer malware that would alter the content in your clipboard into another wallet address and you will be essentially sending funds to another person.

Click 'Send' to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to Liquid!

Now go back to Liquid and head to your exchange wallets, don't worry if you haven't seen your deposit here. It is probably still being verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the network traffic condition of the Bitcoin network, during busy times it may take even longer.

You should receive a confirmation notification from Liquid once your deposit has arrived. And you are now finally ready to purchase ETN!

Step 5: Trade ETN

Go back to Liquid, then go to 'Exchange'. Boom! What a view! The constantly flicking figures might be a bit scary, but relax, let's get our heads around this.

In the right column there is a search bar, now make sure "BTC" is selected as we are trading BTC to altcoin pair. Click on it and type in "ETN", you should see ETN/BTC, select that pair and you should see a price chart of ETN/BTC in the middle of the page.

Below there is a box with a green button that says "Buy ETN", inside of the box, choose the "Market" tab here as that is the most straight-forward type of buying orders. You can either type in your amount or choose what portion of your BTC deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click "Buy ETN". Voila! You have finally bought ETN!

But we are not done yet, since ETN is an altcoin we need to transfer our coins to an exchange that ETN can be traded, here we will use KuCoin as our exchange. KuCoin is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. Use the link below to register your new account.

KuCoin is a cryptocurrency exchange based in the Seychelles (previously Hong Kong). Launched in September 2017, KuCoin claims to have 5 million users from over 200 countries and regions. Often known as the People’s Exchange, KuCoin now offers crypto-related services like crypto-to-crypto, fiat-to-crypto, futures trading, staking, lending and so forth. The exchange has one of the world’s most impressive trading pair selections, with more than 250 supported coins and 440 trading pairs. KuCoin was backed by two giant traditional venture capitals when launching - IDG Capital and Matrix Partners. The exchange also announced a USD 20 million round A funding from them at the end of 2018.US-investors are not listed as prohibited from trading. If you are a US-investor, however, you should still always analyse yourself whether your home state imposes any obstacles for your foreign cryptocurrency trading.

After going through a similar process as we've done before with Coinbase, you will be advised to set up 2FA authentication as well, finish it as it adds extra security to your account.

Step 4: Deposit BTC to exchange

Depends on the policies of the exchange you might be required to go through another KYC process, this should usually take you from 30 minutes to possibly a few days maximum. Though the process should be straight-forward and easy to follow. Once you're done with it you should have full access to your exchange wallet.

If this is your first time making a crypto deposit, the screen here may look a bit scary. But don't worry, it's basically simpler than making a bank transfer. At the box on the right, you will see a string of random numbers saying 'BTC address', this is a unique public address of your Bitcoin wallet at KuCoin and you can receive Bitcoin by giving this address to the person to send you the funds. Since we are now transferring our previously bought bitcoin on Coinbase to this wallet, click on 'Copy Address' or right-click on the full address and click copy to grab this address to your clipboard.

Now head back to Coinbase, go to Portfolio page and click on Bitcoin on your asset list, then click on 'Send' on the right.

Under the Recipient field, paste the wallet address in your clipboard, for security consideration you should always check if both address are matching. It is known that there are certain computer malware that would alter the content in your clipboard into another wallet address and you will be essentially sending funds to another person.

Click 'Send' to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to KuCoin!

Now go back to KuCoin and head to your exchange wallets, don't worry if you haven't seen your deposit here. It is probably still being verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the network traffic condition of the Bitcoin network, during busy times it may take even longer.

You should receive a confirmation notification from KuCoin once your deposit has arrived. And you are now finally ready to purchase ETN!

Step 5: Trade ETN

Go back to KuCoin, then go to 'Exchange'. Boom! What a view! The constantly flicking figures might be a bit scary, but relax, let's get our heads around this.

In the right column there is a search bar, now make sure "BTC" is selected as we are trading BTC to altcoin pair. Click on it and type in "ETN", you should see ETN/BTC, select that pair and you should see a price chart of ETN/BTC in the middle of the page.

Below there is a box with a green button that says "Buy ETN", inside of the box, choose the "Market" tab here as that is the most straight-forward type of buying orders. You can either type in your amount or choose what portion of your BTC deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click "Buy ETN". Voila! You have finally bought ETN!

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once ETN gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Gate.io

Gate.io is an American cryptocurrency exchange that launched 2017. As the exchange is American, US-investors can of course trade here and we recommend US traders to sign up on this exchange. The exchange is available both in English and Chinese (the latter being very helpful for Chinese investors). Gate.io’s main selling factor is their wide selection of trading pairs. You can find most of the new altcoins here. Gate.io also demonstrates an impressive trading volume. It is almost every day one of the top 20 exchanges with the highest trading volume. The trading volume amounts to approx. USD 100 million on a daily basis. The top 10 trading pairs on Gate.io in terms of trading volume usually have USDT (Tether) as one part of the pair. So, to summarize the foregoing, Gate.io’s vast number of trading pairs and its extraordinary liquidity are both very impressive aspects of this exchange.

Binance

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world. Unfortunately, Binance does not allow US investors so we recommend you to sign up on other exchanges we recommend on this page.

Last Step: Store ETN securely in hardware wallets

Ledger Nano S

Ledger Nano S

  • Easy to set up and friendly interface
  • Can be used on desktops and laptops
  • Lightweight and Portable
  • Support most blockchains and wide range of (ERC-20) tokens
  • Multiple languages available
  • Built by a well-established company found in 2014 with great chip security
  • Affordable price
Ledger Nano X

Ledger Nano X

  • More powerful secure element chip (ST33) than Ledger Nano S
  • Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
  • Lightweight and Portable with built-in rechargeable battery
  • Larger screen
  • More storage space than Ledger Nano S
  • Support most blockchains and wide range of (ERC-20) tokens
  • Multiple languages available
  • Built by a well-established company found in 2014 with great chip security
  • Affordable price

If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your ETN for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.

Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.

Other useful tools for trading ETN

Encrypted Secure Connection

NordVPN

Because of the very nature of cryptocurrency – decentralised, it means that users are 100% responsible for handling their assets securely. While using hardware wallet allows you to store your cryptos in a safe place, using an encrypted VPN connection while you trade makes it harder for hackers to intercept or eavesdrop your sensitive information. Especially when you are trading on the go or in a public Wifi connection. NordVPN is one of the best paid (note: never use any free VPN services as they may sniff your data in return of free service) VPN services out there and it has been around for almost a decade. It offers military-grade encrypted connection and you can also opt-in to block malicious websites and ads with their CyberSec feature. You can choose to connect to 5000+ servers in 60+ countries base on your current location, which ensures you to always have a smooth and secure connection wherever you are. There is no bandwidth or data limits that means you can also use the service in your everyday routines such as streaming videos or downloading large files. Plus it is among the cheapest VPN services out there (only $3.49 per month).

Surfshark

Surfshark is a much cheaper alternative if you are looking for a secure VPN connection. Although it’s a relatively new company, it has already 3200+ servers distributed in 65 countries. Apart from VPN it also has some other cool features including CleanWeb™, which actively blocks ads, trackers, malware and phishing attempts while you are surfing on your browser. Currently, Surfshark does not have any device limit so you can basically use it on as many devices as you want and even share the service with your friends and family. Use the signup link below to get an 81% discount(that’s a lot!!) at $2.49/month!

CryptoTrader.Tax

As you gain more experience in trading cryptos it gets more difficult when it comes to tracking your capital gains from all those trades, especially when you have multiple accounts across various trading platforms. CryptoTrader.Tax takes away the pain of preparing your bitcoin and crypto taxes for your tax season. It automates the entire tax filing process and you will be sure you won’t miss any important information required. Simply register, fill in your personal info, and import all of your historical cryptocurrency transactions into the platform. It integrates seamlessly with all major cryptocurrency exchanges and platforms to make this process even quicker by connecting your existing exchange accounts to the platform. Once your transactions are imported, you can generate your tax reports within a few clicks. CryptoTrader.Tax is free to use and you can simply get started right away. You will only need to pay if you want to generate your tax reports.

Crypto Ultimatum

Crypto Ultimatum is a detailed training system that shows you how to go from no money to making a fortune with Crypto Currencies. The system that was used took $100 and turned this into $1006. But the system works so well they then took this $1006 and turned it into the huge amount of $257,000 with Bitcoin and Crypto Currencies!

The great thing about the training is you don’t need technical skills. In fact, you don’t even need a great deal of money and can start with much less than $100 if you wish. It reveals all the secret techniques and gives you the ability to make money when you are a complete novice. It even explains some of the scams so you can avoid them. It goes into detail about where you go to do all this trading and how you can make money in a little as 24 hours. You can develop into someone who buys and sells smaller types of “altcoins” too.

BitMEX

BitMEX is one of the largest crypto derivatives trading platforms that offers leveraged contracts that are bought and sold in Bitcoin. With the volatile nature of the cryptocurrency market, you can gain even more profit with leveraged trades. BitMEX offers even a maximum of 100x margin meaning you can multiply your profit for a hundred times. Signing up on BitMEX is easy and you are not required to go through any KYC process. Within a few minutes, your account will be ready and you can start trading by depositing BTC straight into your wallet on BitMEX. Do keep in mind that derivatives trading is highly risky and your loss can potentially be a hundred times also if you made the wrong move!

Frequently Asked Questions

Can I buy ETN with cash?

There is no direct way to buy ETN with cash. However, you can use marketplaces such as LocalBitcoins to first purchase Bitcoin, and finish the rest of the steps by transferring your bitcoin to respective AltCoin exchanges.

Buy Bitcoin from local sellers

LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. LocalBitcoins is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.

Are there any quick ways to buy ETN in Europe?

Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Coinmama.

Popular online banks in Europe are Bunq, N26 and Revolut.

Are there any alternative platforms to buy ETN or Bitcoin with credit cards?

Yes. Changelly is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.

Latest News for ETN

electroneum2 months ago
Thanks to Blockchain News Today for sharing this update! Did you hear that Electroneum is putting a greater focus o… https://t.co/dyRNyev7it
electroneum2 months ago
Electroneum's @anytaskofficial enters the NFT space, with a call for artists and animators to get involved in the t… https://t.co/L2vAKbcLgB
electroneum2 months ago
It's time for the Electroneum stats. Here are the updated stats for the past week at Electroneum! 🖥️  … https://t.co/m5cWKxdIRo
electroneum2 months ago
The Electroneum and @anytaskofficial teams have been hard at work restructuring marketing plans and implementing te… https://t.co/AocpwLiXbr
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Are you or someone you know thinking of starting a business? You're not going to believe how easy it is to get ever… https://t.co/htG9W3dh0L

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