KuCoin is extremely proud to announce yet another great project coming to our trading platform. Electroneum(ETN) is now available on KuCoin. Supported trading pairs including ETN/BTC, ETN/ETH.
Please take note of the following schedule:
- ETN deposits: 23:00 Mar 13，2018(UTC+8)
- ETN trading: 23:00 Mar 13，2018(UTC+8)
- ETN withdrawals: 23:00 Mar 16，2018(UTC+8)
Electroneum (ETN) Information
Electroneum is a complementary cryptocurrency developed with the goal of allowing anyone, regardless of technical knowledge, access to the features of a digital currency.
The technology aims to bring the mining, as well as the buying and selling process of cryptocurrencies, all into to the smartphone through a user-friendly app that anyone can use.
Most cryptocurrencies are mined used specialist equipment, Electroneum, however, can be mined using a unique, yet simple app that takes just minutes to install before it gets to work.
Unlike Bitcoins, which its finite supply drives up the value of a single coin so that real-world transactions for small amounts of money convert values into numbers with many digits after the decimal point, Electroneum’s blockchain has 21 billion coins. This will move the decimal place forward so that the amounts will match the two decimal place system most currencies currently use.
Making amounts easier to calculate mentally should aid the adoption of the currency as transactions are easier to perform and more akin to real-world situations.
In order to make this technology available to the wider public, Electroneum deliberately avoided using a blockchain that can be mined with ASICs, the super powerful circuits found in most modern Bitcoin mining rig, and instead, created a blockchain that can be mined using the power of a smartphone CPU, thereby enable the average person to get involved.
Electroneum’s easy to access cryptocurrency hopes to appeal to a large number of users due to its user-friendly approach to mining. Users who could benefit from using Electroneum include:
- Long-term holders e.g. those who wish to buy and hold the currency to gain any potential future value.
- Crypto enthusiasts wish to be part of the development in the next stage of the digital currency movement.
Electroneum(ETN) Competition Details
Competition running from: 2018/02/14 22:00:00 to 2018/02/19 23:59:59(UTC+8)
Risk Warning: Cryptocurrency investments have a 24×7 trading business-model, markets never close. Please be aware they are an inherently risky investment.
KuCoin has a strict system for screening tokens, but we never take any liability for the investment behavior of users.
The KuCoin Team
Images courtesy of KuCoin