Electroneum is a brand new cryptocurrency that has just launched. It’s the first ever mobile-focused cryptocurrency, and it’s already making waves in the industry. This guide will show you how to buy Electroneum with Coinbase – one of the most popular cryptocurrency exchanges.
Electroneum is a new cryptocurrency that has been released on the Coinbase exchange. In this guide, we will show you how to buy Electroneum with Coinbase.
Cryptocurrencies are changing the global economy, and there are now hundreds of different coins to choose from, with new ones emerging on a daily basis. Electroneum, the mobile-centric coin, is one of these new cryptocurrencies you may have heard about. If it has piqued your interest, you may be wondering “how to purchase Electroneum using Coinbase.”
Before you begin, there are two things you should be aware of: First, Electroneum isn’t listed on Coinbase, so you won’t be able to purchase it there. Second, no exchange provides ETN/fiat trading pairings, thus you can only buy Electroneum with other cryptocurrencies, much as most other altcoins. This implies that Elecontroneum cannot be purchased with a single account. But don’t be concerned. It’s not as difficult as it seems.
I’ll teach you how to purchase Electroneum using Coinbase in this post.
Coinbase is a great place to buy Bitcoin and Ethereum.
1.- I’m assuming you already have a Coinbase account; if not, you can sign up for one here. It just takes 10 minutes to create an account, and once you do, you’re ready to start.
2.- Login to your Coinbase account and choose “Buy/Sell” from the drop-down menu.
3.- You may purchase Electroneum using Bitcoin, Ethereum, or Litecoin, so choose one of those options. Choose one of the ETN/BTC or ETN/ETH trading pairings, since they are accessible on much more exchanges.
4.- Enter the amount of Bitcoin or Ether you wish to purchase, then choose the fiat wallet where you want to keep your money (USD or Euros, etc).
5.- Once you’ve double-checked everything, click “Confirm purchase” to finish your transaction.
6.- You can see the Bitcoin or Ether you just purchased in your Coinbase wallet after your transaction is complete. Click the ”Accounts” tab in the top left corner of the page to locate your wallet.
So, we’ve got our Bitcoins or Ethereum in Coinbase… So, what’s next?
Where can I get Electroneum?
There aren’t many exchanges to select from since Electroneum coin is a relatively new cryptocurrency. You may select an exchange based on the trading pairs available, market volume, fees, or how well-known or secure it is. Electroneum is listed on 16 exchanges as of this writing. The following are three of the most well-known:
Kucoin is a Hong Kong-based cryptocurrency that was established in 2017. Electroneum is one of the more than 70 cryptocurrencies mentioned.
Kucoin is a well-known cryptocurrency exchange. The site is not only user-friendly, but it also has very low fees: trades will cost you 0.1 percent, and deposits will cost you nothing. However, there are withdrawal costs. Depending on whatever token you wish to withdraw, the proportion changes.
Kucoin also provides excellent customer service. Users may contact customer service via phone, email, or live chat. This also helps it gain favor with newcomers.
Cryptopia was founded in 2014 and is located in New Zealand. They feature over 500 different cryptocurrencies, making it one of the biggest Electoneum exchanges.
Fiat currency trading is available on Cryptopia, but only in New Zealand Dollars deposited from a New Zealand bank account. Cryptocurrencies such as Ethereum may be deposited for free by users who are not located in New Zealand.
On the coin you are selling, there is a 0.2 percent transaction charge.
Cryptopia lacks sophisticated capabilities, which makes it unpopular among high-volume dealers. However, it makes the site more user-friendly.
Cryptopia’s support options are minimal. They do not provide live chat or phone support. If you have any problems, you must submit a support request via their website.
In 2017, Qryptos was born. It has a lot of sophisticated features for experienced crypto traders, but it isn’t the most user-friendly exchange.
There is no support for fiat currency deposits, so you’ll have to fill your wallets with bitcoin, just like the other exchanges.
A 0.15 percent fee is charged for each transaction.
The disadvantage of Electroneum is that Qryptos has a relatively low trading volume for ETN tokens at the time of writing this article, so you may want to use Kucoin or Cryptopia instead.
So, if you’re a beginner, start with Kucoin or Cryptopia, and after you’ve mastered them, go on to Qryptos and become a trading master!
We’re all set to purchase some Electroneum now!
Where can I get Electroneum?
Kucoin is a popular option among users, therefore I’ll show you how to purchase Electroneum step by step (The process on Cryptopia and Qryptos are very similar, changing a few things here and there and adding new features for advanced traders).
Kucoin may be used to purchase Electroneum.
1.- First, you must create a Kucoin account; it is simple and takes little time. This is where you can do it.
2.- Once you’ve created an account, log in and click the “dollar” symbol, then the “deposit button.”
3.- The good thing is that you will notice Kucoin Shares pre-selected (a useful feature that enables us to navigate around the site quickly), and then all you have to do is click on Bitcoin or Ethereum.
4.- Once you’ve decided on Bitcoin or Ethereum, you’ll be asked whether you’re certain you want to deposit the asset. When you click Confirm, your Kucoin deposit address for the chosen crypto will be shown.
Now that we’re nearly there, please be patient and keep going.
5.- Now login to your Coinbase account, log in, and go to the “Accounts” area, where you may click the “send button” for whatever coin you choose.
6.- Paste your Kucoin deposit address (generated in step 4) into the “recipient” wallet address field, along with the quantity of cryptocurrency you wish to withdraw.
7.- Click “Continue” and “Finish” to complete the process. In a few minutes, your Bitcoin or Ethereum deposit will appear on your Kucoin balance.
It’s finally time to go out and purchase some Electroneum. Yai!
8.- Return to the Kucoin website and click on “Markets.” Make sure you’ve chosen your cryptocurrency (Bitcoin or Ethereum) before searching for Electroneum (ETN). The market will then display; just click it to get to the trading interface.
9.- To begin trading, you’ll need to input your two-factor authentication code on the black trading screen (you get this when you verify your Kucoin account).
10.- You will now be brought to the trade screen in its entirety. It may seem complex, but fear not; all you have to do is input the amount of ETN you wish to purchase in the “amount” box and click “buy.”
11.- Your transaction will be completed, and your Electroneum will show in your Kucoin account.
Yes! We’ve finally gotten our hands on an Electroneum!
It seems to be a lengthy procedure, but it isn’t. The procedure of obtaining your Electroneum is simple and fast after you have accounts with Coinbase and Kucoin (or another exchange).
Price forecast for Electroneum
The main issue when investing in anything, whether it’s cryptocurrencies or anything else, is how much that item will be valued in the future. Of course, no one can say with 100% confidence. Technical analysis, on the other hand, is a technique that may be used to create informed, calculated forecasts. When doing technical analysis, one considers how the asset’s price has fluctuated in the past, as well as if the quantity of the asset being traded is increasing, decreasing, or staying constant. With all of this data, one may attempt to forecast the future. Technical analysis used to be done by hand, with a lot of guesswork and gut instinct. Nowadays, we have access to technological analytical software. To create predictions, these systems take the given data and put it through a series of complex mathematical algorithms.
The website uslifed.com produces and publishes technical analysis software-based forecasts. By December 2019, one Electroneum coin could be valued approximately 0.74 USD, according to them.
They claim that one of the major reasons Electroneum’s price will increase is because it is a simple to understand and use cryptocurrency with a sizable following.
However, the forecasts made by uslifed.com do not stop in 2019. They also provided forecasts for the year 2020. In early 2010, the price of Electroneum is expected to be about 0.81 USD, rising to roughly 1.10 USD by the end of the year. If you do the arithmetic, this implies that between now and December 2020, Electroneum’s value will rise by approximately 500 times. As a result, ETN appears to be a very good long-term investment option. I, for one, intend to buy some and keep onto them until I see a return on my investment.
Also see: The Best Cryptocurrencies for a Penny
USD to Electroneum conversion
What is the value of 1 Electroneum in US Dollars?
This is the conversion rate to the date, according to walletinvestor.com.
You now know how to buy Electroneum using Coinbase, even if some of the transaction will take place outside of Coinbase. Electroneum is one of the newer cryptocurrencies that is making waves in the cryptocurrency industry. Go ahead and invest in this cryptocurrency if you’re interested. For the time being, everything seems to be quite stable and secure.
ETN, like many other cryptocurrencies, cannot be purchased using fiat money. You’ll need to purchase another cryptocurrency, such as Bitcoin or Ethereum, which can be purchased using US dollars, Euros, or other currencies on sites like Coinbase. This implies you’ll need an account on another exchange, like as Kucoin or Cryptopia, in addition to your Coinbase account. With all of stuff in place, the procedure is very simple. So go ahead and buy some Electroneum, and have fun! Some of our other crypto tutorials may be found here.
Please leave any questions or comments in the box below!
Electroneum is a cryptocurrency that was recently released. It has been created to be used on mobile devices, which can make it easier for people to use cryptocurrencies. This guide will help you buy ETN with Coinbase. Reference: best cheap coins to buy.
Frequently Asked Questions
How do you buy Electroneum on Coinbase?
You can buy Electroneum on Coinbase by first signing up for a Coinbase account. Once you have signed up, you need to link your bank account or debit card with your Coinbase account. After linking your bank account, you will be able to purchase Electroneum using USD from the deposit section of the site.
Will Electroneum get on Coinbase?
Unfortunately, Electroneum is not currently on Coinbase.
How do I trade ETN crypto?
You can trade your ETN for other cryptocurrencies on a cryptocurrency exchange.
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