You are on this page means you want to know How to Buy Electroneum ?
In this post, we will about the methods to Buy a new E-currency, that is Electroneum. We will try to explain you the best ways to Buy Electroneum or where to buy Electroneum. i Think you read know about Electroneum Ico which is lunched last year.
Electroneum is the latest and biggest cryptocurrency launched in this year. It is the first British-cryptocurrency. The founder of Electroneum is Richard Ells. He started this project in order to promote easy user-friendly mining app. It can be used by an ordinary mobile user.
So before starting our topic of “Buy Electroneum Coin” let’s take some refresher on,
What is Electroneum?
Electroneum (ETN) is a digital money system (like Bitcoin) that is specifically designed for mobile users. The Electroneum mobile mining application will allow users to mine ETN coins with their mobile phone.
Unlike another cryptocurrency, Electroneum is also like a decentralized currency. No person or authority can control it. It has its own separated blockchain. It has been observed that it is a bit hard to understand the bitcoins or the other digital currencies to buy/sell or mining by the normal users. So that why this mobile cryptocurrency is come to play a role in it.
It is easier to understand for the normal user. You can buy or sell your currency or you can track your transaction by the application itself.
How to Buy Electroneum ?
You can buy Electroneum directly on Cryptopia. Right now Cryptopia is the only exchange platform that lists Electroneum. In addition to that more platforms are willing to support it and most of them applied it also.
The official site link is www.cryptopia.co.nz
Once you have opened this site click on “register” button available on the extreme upper right-hand side of the page. After that, you will have to fill up some details. Choose a username according to your convenience. Enter your Email ID and create your password. Create a password that hard to guess but easy to remember.
currently, new registration on Cryptopia is stopped due to heavy traffic but it will be open soon.
Set a 4-8 digit pin code and remember it. At the time of login, you will need this code with your username and password. Click on the box of “terms and condition and the captcha, then click on register. Basically, it is like 2-Factor authentication.
You will receive an email with your registered email ID. Click on the link in that Email to verify your account.
Once you have done all this click on the “Login” button.
Enter your username and password.
After that, you will be asked your pin code that you have for 2-factor authentication and then click on verify.
You cannot buy Electroneum directly with fiat currencies. You will need some Bitcoin or Ethereum in order to exchange it for Electroneum.
So buy some Bitcoins or Ethereum from a trusted platform. If you don’t know this process read our some post on Buying bitcoin.
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Once you have your Bitcoins click on the “Bitcoin sign” next to your name and click on “Deposit”. They will ask you to select your currency you would like to deposit.
Type Bitcoin in the search tab select it and click on “Next”.
Now you will see a QR code and your Deposit address. Copy this address and keep it with you.
Now go to your wallet or exchange platform where you have purchased your Bitcoin. Click on the “send” button and paste the “Deposit address” which you copied from Cryptopia. Type the amount of Bitcoin you would like to transfer and click on “transfer” or “confirm transaction”. After that, you will have your Bitcoins on Cryptopia and you can exchange it for Electroneum.
Once your Bitcoin is Deposited to “Cryptopia” go back to cryptopia and click on “view deposit history”.
You will see you’re all confirmed or unconfirmed deposit history. Check your Bitcoin transaction is confirmed or not that you have just made. Once your transaction is confirmed you can proceed with the further steps.
It will nearly take 15-20 minutes to confirm your transaction. So please be patient. You will also see a confirmation column in the deposit history. It generally shows 0/2, 1/ 2, 2/2. It is just the number of Blockchain confirmation that cryptopia wants to see. Once it reaches to 2/2 your transaction will show confirmed so wait for that.
Now when your transaction is confirmed you can use your currency to spend on cryptopia. Go to “Exchange” on the upper left-hand side of the page and click on “Markets”.
Here you will see all the coins and currency that cryptopia listed.
Search for “ETN” and click on it. Now you will see all the information and statics about Electroneum. You will see a candlestick graph, high and low values of Electroneum of last 2 days.
Scroll down and you will see 2 boxes. One Box is for Buy ETN and another one is for Sell ETN. As you have deposited Bitcoin on cryptopia you will see the amount of BTC in the buying box of ETN.
Select your price at which you want to Buy Electroneum. Enter the price and it will show you the amount of ETN coins which you will receive against your Bitcoin. Suppose you want to Buy electroneum with your total Bitcoin that you deposited on cryptopia.
Also check: Trickstechno.com
So as I have said, you will see the total amount of BTC in the buying box of ETN, click on that and you will again see the total ETN coins which you will receive for the exchange of your total Bitcoin. After that hit, the “Buy ETN” button. A pop up will indicate the placed order.
Scroll down and you will see your recent order in the “buy orders” column. Your transaction will remain in the tab until someone is willing to sell his or her electroneum at your price. It will take around 5 to 10 minutes. Sometime it takes more than that. So you will have to wait and that’s it you have your Electroneum.
You can also download official Electroneum wallet on this link https://downloads.electroneum.com/.
Just download Official wallet and store you Bitcoin in online wallet or in offline wallet. for online wallet you have to make account on official site of Electroneum.
How can I buy Electroneum with a credit card, Debit card or Bank Account ?
Currently, you cannot do that. You can buy Litecoin or Bitcoin from coinbase using your credit card or debit card and then you can exchange it for Electroneum (ETN coins) on Cryptopia.
How to Buy Electroneum with PayPal ?
The answer to this question is also No. you cannot buy Electroneum directly on PayPal.
Again you can buy Litecoin on coinbase and then you can exchange it for ETN coins on Cryptopia. i will recommand you to read our post on how to buy bitcoins using pauypal ?
How to Buy Electroneum with coinbase ?
People always ask How to Buy Electroneum using coinbase ? Lots of blog have article on this
But truth is you cannot Buy Electroneum on coinbase directly. You can buy Bitcoins, Litecoins, or Ethereum on Coinbase. Then go to Cryptopia and exchange your cryptocurrency to ETN coins as mentioned above.
How to Buy Electroneum with cash ?
There is no way to directly purchase Electroneum with cash.
You will first have to buy Bitcoin or any altcoin with Cash via an ATM and use a change like Cryptopia to Buy.
Many of the exchange platforms are willing to support Electroneum. Most of them are working on it and applying it. The reason behind this is they believe that one day or other ETN coins will rise. So I will suggest you that don’t search more available platforms. Currently, Cryptopia is the only exchange platform that supports Electroneum. So just go the site and follow the steps that I have mentioned in this post and I am sure they will definitely help you.
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