HitBTC has announced that in the coming weeks it will begin listing the mobile-friendly cryptocurrency Electroneum. This is huge news for the fast-rising coin, which aims to become the first cryptocurrency to achieve real-world mass adoption. Since launching at the end of 2017 Electroneum has sent shockwaves through the cryptocurrency world by quickly gaining 750,000 […]
HitBTC has announced that in the coming weeks it will begin listing the mobile-friendly cryptocurrency Electroneum. This is huge news for the fast-rising coin, which aims to become the first cryptocurrency to achieve real-world mass adoption.
Since launching at the end of 2017 Electroneum has sent shockwaves through the cryptocurrency world by quickly gaining 750,000 users, reaching a c.$700m market cap and giving it’s 120,000 initial contributors up to 2200% returns. Over $513m of ETN has been traded despite only listing on one exchange until now and being live for just over 2 months.
The Electroneum strategy is markedly different from other cryptocurrencies. The team behind it have developed a unique mobile mining app, which will allow the coin to become accessible to people all over the world. As long as they have a smartphone, users in developing countries can earn ETN by running the app in the background. This airdrop of coins will then be acceptable as payment for their phone data and more. Furthermore, the app will soon feature an easy PayPal-style payment gateway, allowing vendors to accept Electroneum at the touch of a button.
ETN already has partnerships agreed with multinational telecoms corporations in the developing world to make …
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