$0.003245
13.71%
$0.002664
24h Range
$0.003245
Market Cap
$58,336,645.0
Fully Diluted Valuation
$68,135,816.0
24 Hour Trading Vol
$588,453.0
Circulating Supply
17,979,817,604.6
Total Supply
17,979,817,604.6
Max Supply
21,000,000,000.0
Electroneum Price
$0.003245
24h Range
$0.002664 - $0.003245
Percent Change 1h
9.36%
Percent Change 24h
13.71%
Percent Change 7d
3.64%
All-time high
$0.208
All-time low
$0.001263
1D
7D
1M
1Y
Electroneum (ETN) is a cryptocurrency that was launched in 2017 with the primary goal of enabling easy and accessible digital payments through mobile devices. It is designed to facilitate microtransactions and has gained popularity, particularly in developing countries, due to its user-friendly mobile app and focus on the unbanked population. As of 2024, Electroneum operates on a unique blockchain that allows for fast transactions, with an average block time of 60 seconds. The platform aims to provide a seamless experience for users, making it simple to send, receive, and manage cryptocurrency through their smartphones.
Electroneum was founded by Richard Ells, who is also the CEO of the project. Ells is an entrepreneur with a background in technology and business, having previously worked in various sectors including web development and mobile technology. Alongside him, the Electroneum team comprises experienced professionals and advisors from the blockchain and finance sectors, contributing to its development and strategic direction. The project has garnered attention for its focus on social impact and financial inclusion.
Electroneum operates on its own blockchain, which is a fork of Monero, allowing for secure and private transactions. The platform utilizes a unique mining process known as "mobile mining," which enables users to mine ETN coins on their mobile devices, though this is not traditional mining but rather a simulation that provides rewards. Electroneum employs a proof-of-work consensus mechanism, ensuring security and transaction verification on its network. Users can create an account via the Electroneum app, where they can easily manage their ETN, conduct transactions, and even purchase mobile top-ups or vouchers. The use of instant payment technology allows for near-instant transactions, making it appealing for everyday use.
Electroneum has several notable use cases that highlight its versatility:
Keeping your Electroneum safe involves several best practices:
Investing in Electroneum (ETN) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Electroneum: Once your account is funded, you can purchase Electroneum directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Electroneum using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Electroneum (ETN) is currently trading at $0.003245 and exhibits good potential for future growth. Check the latest Electroneum (ETN) price prediction.
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