How Good Is Electroneum?
What Is Electroneum?
Electroneum (ETN) is a cryptocurrency based on a proprietary block system derived from Bitcoin. It is the first UK currency that is also created as a mobile cryptocurrency. A distinctive feature of the Electroneum crypto project is the app, which in addition to the wallet provides the possibility of Electroneum mining via mobile devices. Coin mining on PCs is also available.
What Is ETN Coin?
The ETN coin has a long-term history. Its main founder is Richard Ellis. In mid-2015, he assembled a team and began developing a new cryptocurrency.
In August 2016, the founders based their project on new improvements to the Cryptonote algorithm. By September of the same year, the team decided to focus on smartphones. At the same time, the cryptocurrency received its first name Electron.
In 2017, the founders raised initial investments to launch the cryptocurrency and renamed it the Electroneum coin. The apogee of the development was the ICO in September 2017. The company managed to raise more than $40 million for the development. During the ICO more than 6.3 billion ETN coins were issued.
The main features are wallets that are accessible for control from any smartphone. This coin can be generated using a unique mobile mining system.
The transaction speed makes ETN easy to transfer between different users and apps on a smartphone.
Unlike other cryptocurrencies, Electroneum is based on a proprietary blockchain development based on Bitcoin's source code. The main feature is the ability to mine on CPU, video card, and mobile devices.
What Is Electroneum Price?
The Electroneum price is constantly growing. As for today, Electroneum price is 0.0196 USD.
How Do I Buy Electroneum?
The best way to buy ETN coin is StealthEX. StealthEX is a useful platform to know how its cost changes overduring time and to exchange this cryptocurrency. It’s a super-friendly, non-custodial and limitless cryptocurrency exchange platform. So if you already have savings in crypto and wish to invest in Telcoin crypto, just go to StealthEX and follow these easy steps:
- Choose the pair and the amount for your exchange. For example ETH to ETN.
- Provide the recipient address to which the coins will be transferred.
- Move your cryptocurrency for the exchange.
- Receive your ETN coins.