ETN is the world’s first KYC/AML compliant cryptocurrency. Moreover, do you know that there are 1.7 billion people don’t have access to a bank account? Well, Electroneum is representing the new era of digital payments. Further, not only investors but also people worldwide have shown a remarkable interest in this revolutionary new digital payment ecosystem.
Also, along with the incredible opportunity ETN presents – a mobile-based payment solution, this cryptocurrency is one of the hottest topics right not. Day by day, the number of users increases rapidly. So, if you amongst the people who want to learn how to buy ETN with Coinbase, then you have come to the right place.
Market Cap: $35,452,290 USD
Circulating Supply: 9,887,148,016 ETN
Max Supply: 21,000,000,000 ETN
Currently, the only way to buy Electroneum is to use a cryptocurrency exchange. As today we will focus on how to buy Electroneum with Coinbase, you must know that you cannot buy the cryptocurrency directly on Coinbase.
In other words, you will have to convert your money into another cryptocurrency – Bitcoin or Ethereum. As soon as you have Bitcoin or Ethereum currency, you can trade it for ETN. However, to do so, you will have to create a Coinbase account.
Creating a Coinbase Account
Since 2012 when Coinbase was first founded, the company has turned into one of the world’s most popular cryptocurrency exchanges worldwide. Moreover, the interface is extremely easy-to-use, which makes Coinbase the perfect place for beginning traders
Currently, if you want to open an account with Coinbase, you could enjoy numerous opportunities. For example, you can start investing with as little as $2. Further, there is no need to worry about the company or your money.
Moreover, Coinbase is a regulated exchange. Also, all customer funds are insured up to $250,000. But how can you create an account with Coinbase? Well, simply follow the steps below.
First, go to the official page of Coinbase and click on the “Get Started” button at the top right corner of the page.
Third, in just seconds, you will receive an email with a verification link. Once you receive it, you need to click “Verify Email Address”
Forth, now, you have to set up your account.
Firth, verify your account using your Passport, Driver’s License, or Photo ID.
And you are ready. You can now start exploring the Coinbase platform. Moreover, the moment you create an account with Electroneum, you will automatically have an Electroneum mobile wallet. Furthermore, through the Electroneum App on Android, you will be able to access your mobile wallet.
Buying Bitcoin or Ethereum with Coinbase
Before we continue, we will assume that you have already added a preferred payment method and that your account is funded.
First, click on the “Buy/Sell” button.
Second, you have to choose Bitcoin or Ethereum.
Third, now you have to enter the amount of cryptocurrency you want to buy as well as select a currency wallet. Once you are ready, click “Buy Bitcoin” or “Buy Ethereum.”
Fourth, if you are sure you have entered the right amount of cryptocurrency you want to buy, then you have to complete the order by clicking “Confirm Buy.”
So, after finishing this step, you are almost ready. Now, you have to choose another exchange where you can buy or sell Electroneum. Unfortunately, ETN is a relatively new cryptocurrency. Therefore, there are not many exchanges that offer Electroneum. However, let’s take a look at some of the cryptocurrency exchanges that sell ETN.
Here’s a list of some of the best platforms
Unless you are already using any of these exchanges, then you will have to choose the one that fits your trading style best. Then, you will have to open an account and fill in the required fields. After your account is verified, you have to deposit money into your new account. Moreover, you will have to send the money from your Coinbase account to the new one. After finishing those steps, you will be able to trade ETN, which is one of the most emerging and promising cryptocurrencies nowadays.