Electroneum Joins HitBtc Exchange – Expanded Reach of This Unique Cryptocoin to Attract New Investors
Cryptocoin investors spoke and the powers that be at Electroneum responded leading to the good news that Electroneum joins HitBtc Exchange. ETN fans, advocates and investors have been clamoring to see Electroneum listed on more exchanges to make this unique mobile cryptocoin available to a much wider pool of cryptocoin investors.
When Electroneum entered the cryptocoin scene last they instantly gained attention. They quickly acquired a userbase of 750,000 with a c.$700m market cap yielding 2200% returns to their initial 120,000 investors. To date, over $513m of Electroneum has been traded which is astonishing when you consider that ETN has been listed on just one exchange up until now for just about two months.
What is Electroneum?
ETN is an end-to-end mobile payment solution. Mobile users can simply purchase ETN and either HODL it, sell it or spend it (which is why Electroneum joins HitBTC exchange is even more important news). The Electroneum team has developed a unique mobile mining app, currently in beta, which will enable users to mine ETN coins right from their phones in the background. These coins will appear in their wallets for use in making mobile payments. What’s even more exciting is plans for ETN acceptance by various merchants. Pay-by-phone is increasingly being adopted by retailers and other merchants and the Electroneum team has big plans for this new method of payment.
We previously announced ETN’s partnership with Xius and we expect to hear many more announcements from Electroneum heralding good news for ETN investors, adopters and users. As I always say, one of the key factors to consider before investing in any cryptocoin is look at how useful the coin is or could be. Electroneum certainly is useful in real-world applications and I anticipate this only to continue and expand.
As Electroneum joins HitBtc Exchange there are details and technical matters which are currently being handled. As such, there is no firm date as to when ETN will be traded on HitBtc.