Once verified, deposit INR into your account or link your card for direct purchases. Search for Electroneum in the trading section and place your order. The exchange will process your transaction instantly, and your ETN will be available in your wallet. For example, Binance is based in Tokyo, Japan, while Bittrex is located in Liechtenstein. 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.
Setting Up Your Cryptocurrency Wallet
- On the main page, you’ll find the option of “Buy Crypto”.
- The Know Your Customer or KYC process is a way to start trading legally and it is a standard process required by a lot of crypto exchanges.
- Storing Electroneum (ETN) in a non-custodial or self-custodial wallet grants you complete control over your private keys.
- Don’t worry, though, the whole buying process only takes around 10 minutes!
- MEXC Global Supports more than 1000 pairs with good liquidity, created in 2018 and available in more than 170 countries.
- For example, if you are selling 2 Bitcoins for Electroneum, you will pay a fee of 0.004 BTC.
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. By downloading the user-friendly Electroneum mobile app, people can send and receive ETN coins in just a few minutes, at a cost of less than a dollar. And one of the answers to how to buy an Electroneum question. The idea of the Electroneum team project is to create a cryptocurrency that can be used by anyone with a mobile phone.
- That said, many users believe that KuCoin is one of the simpler exchanges on the current market.
- BitDegree aims to uncover, simplify & share Web3 & cryptocurrency education with the masses.
- 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.
Transfer Ethereum From Coinbase to Kucoin
Alternatively, ProBitGlobal enables Bitcoin (BTC) holders to swap their tokens for Electroneum. Exchanges provide multiple payment options, including bank transfers, credit or debit cards, and crypto transfers. Simply follow the exchange’s instructions to complete your purchase and add Electroneum to your portfolio. For those looking to buy with fiat currency, Indian Rupee (INR) transactions are supported on BitBNS.
If you already own cryptocurrencies, trading with altcoins is another option. Tether (USDT) pairs are available on MEXC, KuCoin, Gate.io, and CoinEx. Additionally, Bitcoin (BTC) holders can buy Electroneum through ProBitGlobal.
buying Electroneum on Cryptopia
As direct fiat pair is not available you can use stablecoin USDT, so first you will buy USDT and after you exchange it to Electroneum, or with crypto pair BTC. The top spot exchange by buy/sell volume for the last 24h is MEXC Global with usdt trading pair. During this period, 498,488,876.45 ETN were exchanged, with a trading volume of 910.8 thousand dollars. In layman’s terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person.
This is really useful for those living in poorer countries, as most people don’t have access to a PC or laptop. As with all cryptocurrencies, there is never any guarantee that a how to buy electroneum on cryptopia project will succeed. So, first, I thought I would share with you some background information before showing you how to buy Electroneum.
How to buy Electroneum: Beginners Guide to Buying Electroneum
Despite its vast offerings, regulatory oversight remains limited, making it a preferred choice for crypto-to-crypto traders. KuCoin is a global cryptocurrency exchange known for its intuitive interface, robust security, and diverse trading products. It offers spot, margin, and futures trading, alongside a built-in P2P marketplace and fiat on-ramp services.
So, if you did follow my step by step guide to buying Electroneum then I wish you the best of luck with your investment, and I’m happy I could help! You will now see your unique Ethereum wallet address for Kucoin. So, now you now need to transfer your Ethereum over to Kucoin. However, the trading volume on Electroneum is really low, so you might be better off using either Kucoin or Cryptopia. Each trade will cost you just 0.15%, which is really good value.
Step-by-step guide for Huobi
Selecting the right exchange based on your available funds and preferred payment method ensures a smooth buying experience. Unlike many other cryptocurrencies, ETN focuses on real-world use. You can use it for mobile payments, gaming, and even freelancing through the AnyTask™ platform. The Electroneum app lets you store, send, and manage ETN easily, making transactions as simple as sending a text message. After buying, everyone should transfer it to a hardware wallet.
This is quite normal for cryptocurrencies though, as the prices can often change quickly. Making profits with cryptocurrency investing is sometimes all about good timing! 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. In the past 24 hours, Tether, Bitcoin, and INR have been Electroneum’s only three trading pairs, with a total trading volume of 910.8 thousand.
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. There are more than 11 crypto exchanges on which you can trade ETN.
Supported wallets for Electroneum include Electroneum Online Wallet, Ledger Nano S, MyCryptoWallet, Trust Wallet, and Coinomi. To transfer, withdraw your tokens from the exchange, enter your wallet’s public address, select the amount, and confirm the transaction. With Electroneum stored securely, you have full control over your assets and greater protection against security threats. After purchasing, the safest way to protect your Electroneum is by transferring it to a personal wallet. Holding assets in an exchange wallet exposes them to potential risks, so moving them to a secure wallet is recommended.
Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds. Interested in buying Electroneum (ETN) or exploring other cryptocurrencies? KuCoin offers safe and easy ways to let you buy Electroneum (ETN) instantly wherever you are! Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance. There are over 11 crypto exchanges where you can buy Electroneum, and the top 3 ones are MEXC Global, Gate, and HTX. After verifying click “Buy Crypto” again and choose ETN, if there is no ETN in this list you can buy any of these coins USDT
This will open the spot trade page, enter in the search box ETN/Coin which you have bought or deposited. Click on the coin and fill buy or sell form at the bottom. And cryptocurrency you want to buy, if ETN not available select USDT MEXC Global Supports more than 1000 pairs with good liquidity, created in 2018 and available in more than 170 countries. USA citizens can register an account but not possible to go through KYC so the maximum amount is 20 BTC every 24 hours without KYC.
Once you’re logged in, you should be prompted to the main page. On the main page, you’ll find the option of “Buy Crypto”. Hover over to “Buy Crypto” and select Credit Card if you want to buy crypto from your Credit Card. Or if you prefer buying it by Peer 2 Peer method, you can choose that too. The table below shows all exchanges where you can buy Electroneum (ETN) crypto, such as MEXC Global, Gate, HTX, etc. For some exchanges there is a depth percent that shows how much liquidity is available, live bids two percent up or down from the current price.
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. After buying it from Cryptopia, what is the wallet that i have to send it to? Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own.
Now that we’ve covered those exchanges, are you ready to go and buy some Electroneum coins of your own?! Again, like the other exchanges I have recommended, there are no fiat deposit facilities, so you won’t be able to use your debit or credit card! The third possible exchange to consider in this “How to buy Electroneum” guide is Qryptos.