3 Crypto Exchanges Will Offer Electroneum (ETN) Soon
Electroneum (ETN) is now coming on several cryptocurrency exchange platforms.
At least three exchanges have confirmed that they will support trading pairs including ETN. The Electroneum crypto is a mode of payment that developers designed to be mined mainly using smartphones.
Late October, SistemKoin revealed that it would soon list ENT on its supported cryptos, but with no exact date announced.
Mega news! #ETN is partnering with Turkey's top cryptocurrency exchange to bring 3 new ETN pairings – Dollars, Lira and BitCoin – live very soon.
And SistemKoin allows US citizens to trade, so they'll be able to open an account and buy and sell ETN in USD . Exciting times! pic.twitter.com/J07vTNBSeU
— electroneum (@electroneum) October 26, 2018
This exchange caters mostly to Turkish-speaking crypto holders, as the site uses primarily the local language. In the near future, coin owners can trade ETN for Bitcoin (BTC), US dollar (USD), euro (EUR), Turkish lira (TRY), and vice versa.
The Electroneum token will also be available for trading on NEXT.exchange. The listing was already announced by the exchange months ago. However, a post on the Electroneum subreddit stated that this exchange “will list ETN,” hinting that it is yet to offer ETN trading pairs.
One explanation could be that trading in the exchange is only limited to a number of users. NEXT.exchange is still on its beta version, and the team behind it is yet to release the platform to the public.
Dear https://t.co/h7kcaQWjqA community.
Our platform is currently in limited public access.
Most markets require 100 $NEXT in order to access and trade digital assets with – BTC, ETH, USD, and EUR pairings.
We will gradually remove this restriction as developments progress. pic.twitter.com/QvcEMSKNon
— Next.Exchange (@NextExchange) August 12, 2018
The same Reddit post also suggested that NEXT.exchange will most likely make the following ETN trading pairs available to everyone once the exchange goes live: ETN/USD, ETN/EUR, ETN/BTC, ETN/ETH (Ether), and ETN/NEXT (Next.exchange). The exchange also hinted that TRY, pound sterling (GBP), Russian rubles (RUB), and Chinese yen (YEN) might follow the supported currencies in the future.
Another platform that has confirmed the listing of ETN was HitBTC, a European digital asset exchange launched in 2013. The Electroneum Twitter account made this announcement as early as January 20 this year. However, the exchange has yet to release the expected ETN/BTC trading pair. The unclear delay has caused the ire of some ENT holders online.
HitBTC, nine months after the initial announcement, explained:
“Accept our apologies for any inconvenience caused. We are tightening up some mechanisms and getting ready to launch ETN wallets on HitBTC very soon. Stay tuned for the news in our social media and blog.”
An Electroneum-focused website has compiled a number of exchange platforms where ETN holders can exchange their tokens. These exchanges include Australia’s CoinSpot and Liquid, New Zealand’s Cryptopia, Hong Kong-based KuCoin, and the Turkish Vebitcoin, among others.