Looking to buy Electroneum (ETN) but not sure where to start? You’re not alone! Electroneum is a mobile-friendly cryptocurrency designed for easy payments and financial inclusion. It allows users to send and receive payments instantly through a smartphone app, making it ideal for people without access to traditional banking. With over 2.2 billion smartphone users worldwide, Electroneum aims to bring crypto to the masses.
Unlike many other cryptocurrencies, ETN focuses on real-world use. You can use it for mobile payments, gaming, and even freelancing through the AnyTask™ platform. The Electroneum app lets you store, send, and manage ETN easily, making transactions as simple as sending a text message.
If you’re ready to add ETN to your portfolio, this guide will walk you through the safest and easiest ways to buy it. Whether you’re a beginner or an experienced investor, we’ve got you covered. Let’s get started!
How To Buy Electroneum In 4 Easy Steps?
Acquiring and securely storing Electroneum is an easy process. Follow these four steps to get started.
Step 1: Choose A Crypto Exchange Platform
The first step is to choose a reliable exchange where Electroneum is available for purchase. It’s essential to pick a platform that ensures security, smooth transactions, and ease of use.
For those looking to buy with fiat currency, Indian Rupee (INR) transactions are supported on BitBNS. If you already own cryptocurrencies, trading with altcoins is another option. Tether (USDT) pairs are available on MEXC, KuCoin, Gate.io, and CoinEx. Additionally, Bitcoin (BTC) holders can buy Electroneum through ProBitGlobal.
Selecting the right exchange based on your available funds and preferred payment method ensures a smooth buying experience.
Step 2: Register On Any Of The Platform
Once you’ve selected an exchange, the next step is registration. Go to the exchange’s website and sign up by providing your email, phone number, and residential details. Identity verification will also be required, which usually involves submitting a government-issued ID, such as a passport or driver’s licence.
Most platforms complete the verification process within a few hours. After approval, your account will be ready to use, and you can proceed with purchasing Electroneum.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
Now that your account is set up, it’s time to buy Electroneum. If you prefer fiat currency, BitBNS allows direct purchases using Indian Rupees (INR).
For those who want to trade with altcoins, MEXC, KuCoin, Gate.io, and CoinEx offer trading pairs with Tether (USDT). Alternatively, ProBitGlobal enables Bitcoin (BTC) holders to swap their tokens for Electroneum. Exchanges provide multiple payment options, including bank transfers, credit or debit cards, and crypto transfers. Simply follow the exchange’s instructions to complete your purchase and add Electroneum to your portfolio.
Step 4: Store The Cryptocurrency In A Wallet
After purchasing, the safest way to protect your Electroneum is by transferring it to a personal wallet. Holding assets in an exchange wallet exposes them to potential risks, so moving them to a secure wallet is recommended.
Supported wallets for Electroneum include Electroneum Online Wallet, Ledger Nano S, MyCryptoWallet, Trust Wallet, and Coinomi. To transfer, withdraw your tokens from the exchange, enter your wallet’s public address, select the amount, and confirm the transaction. With Electroneum stored securely, you have full control over your assets and greater protection against security threats.
Popular Video Guides On Buying Electroneum (ENT)
Where To Buy Electroneum (ENT)
BitBNS, founded in December 2017, is one of India’s largest cryptocurrency exchanges, offering spot trading, margin trading, and innovative order types like Bracket Orders. It gained rapid popularity, attracting over 500,000 users within its first year. BitBNS was the first Indian exchange to list 450+ cryptocurrencies within a year and provides a P2P fiat deposit and withdrawal system. With advanced trading tools like Stop Limit and Trailing Stop Limit, BitBNS caters to both new and experienced crypto traders.
Factsheet
|
Operational Since: |
2017 |
|
Deposit Methods: |
UPI, Credit/Debit Card, Bank Transfer and P2P deposit |
|
Deposit Fees: |
Free |
|
Cryptos Listed: |
475+ |
|
Trading Fees: |
Depends on VIP level (0.03% – 0.25%) |
|
Fiat Currencies Supported: |
INR and AED |
|
Trustworthiness: |
Safe and Reliable |
KuCoin is a global cryptocurrency exchange known for its intuitive interface, robust security, and diverse trading products. It offers spot, margin, and futures trading, alongside a built-in P2P marketplace and fiat on-ramp services. With over 37 million users, KuCoin has facilitated $1.2 trillion in lifetime trading volume. Dubbed the "People’s Exchange," it prioritises community engagement and innovation. The KuCoin ecosystem revolves around the KuCoin Token (KCS), offering rewards and benefits to active users and investors.
Factsheet
|
Operational Since: |
2017 |
|
Deposit Methods: |
P2P Trading, Debit/Credit Card, Third Party Payment, Bank Transfer |
|
Deposit Fees: |
Free |
|
Cryptos Listed: |
700+ |
|
Trading Fees: |
0.005-0.01% depending on your tier level |
|
Fiat Currencies Supported: |
28+ |
|
Trustworthiness: |
Safe and Reliable |
Gate.io is a centralised cryptocurrency exchange offering over 2,100 digital assets with more than 3,700 trading pairs. It supports spot, margin, futures, and derivatives trading, catering to both beginners and professional traders. The platform processes over $12 billion in daily trading volume and offers 24/7 customer support through a user-friendly interface. Launched in 2013, Gate.io enforces mandatory KYC for withdrawals but lacks fiat withdrawal options. Despite its vast offerings, regulatory oversight remains limited, making it a preferred choice for crypto-to-crypto traders.
Factsheet
|
Operational Since: |
2013 |
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Deposit Methods: |
Crypto Deposits. Gate Card, Bank Transfer, Credit/Debit Card |
|
Deposit Fees: |
None |
|
Cryptos Listed: |
3700+ |
|
Trading Fees: |
0.2% per trade (Varies With VIP Level (from VIP O to VIP 16) |
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Fiat Currencies Supported: |
15+ including USD, EUR, and GBP |
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Trustworthiness: |
Safe and Reliable |
Frequently Asked Questions
Where Can You Buy Electroneum With A Credit Or Debit Card?
You can buy Electroneum with a credit or debit card on BitBNS using Indian Rupees (INR). This platform provides a simple way to purchase Electroneum directly without needing additional conversions.
If BitBNS is not an option for you, an alternative method is to buy Bitcoin (BTC) or Tether (USDT) using your credit or debit card on supported exchanges. Once you have BTC or USDT, you can trade them for Electroneum tokens on ProBit Global, Gate.io, MEXC, or KuCoin. This method offers more flexibility, especially if direct Electroneum purchases are unavailable in your country. Always choose a trusted exchange for secure transactions.
What Will You Need To Buy Electroneum?
Here’s everything you’ll need to own Electroneum:
- Exchange Platform: To buy Electroneum, you need a trusted exchange. You can purchase Electroneum on MEXC, KuCoin, and BitBNS. These platforms provide a secure and user-friendly experience for buying and managing your tokens.
- Identification Documents: Most exchanges require you to complete a KYC (Know Your Customer) verification before you can trade. You must submit valid identification documents like a passport, driver’s licence, or tax return to confirm your identity.
- Debit/Credit Card: A debit or credit card is a simple way to fund your exchange account. Many platforms support card payments for direct purchases. Always check if your preferred exchange accepts your card before proceeding.
- Crypto Wallet: After purchasing Electroneum, store your tokens in a secure wallet. Recommended wallets include Electroneum Online Wallet, Ledger Nano S, MyCryptoWallet, Coinomi, and Trust Wallet. Always choose a wallet with strong security features.
Make sure you have everything ready before buying Electroneum to ensure a smooth and hassle-free experience.
What Is The Easiest Way To Buy Electroneum?
The easiest way to buy Electroneum in India is through BitBNS, a trusted crypto exchange that supports Indian Rupees (INR). BitBNS allows users to purchase ETN quickly using credit or debit cards, making the process simple and convenient.
To get started, create an account on BitBNS and complete the required KYC verification. Once verified, deposit INR into your account or link your card for direct purchases. Search for Electroneum in the trading section and place your order. The exchange will process your transaction instantly, and your ETN will be available in your wallet.
Before buying, check the transaction fees and ensure BitBNS suits your trading needs. Always use secure payment methods and store your ETN in a reliable wallet for added security.
Best Wallets To Store Your Electroneum (ENT)
Selecting a secure and reliable wallet is crucial for keeping ETN safe. Each option comes with unique features, allowing users to manage and access their tokens with ease.
- Electroneum Online Wallet: The official storage solution designed specifically for ETN. This wallet provides direct access to tokens through a simple web-based interface, making it ideal for those who prefer convenience.
- Ledger Nano S: A hardware wallet that offers high-level security by keeping ETN offline. It protects assets from cyber threats while allowing users to manage their funds through a secure companion app.
- MyCryptoWallet: This option supports multiple cryptocurrencies, including ETN. It provides a straightforward interface along with security features that make it a reliable choice for both beginners and experienced users.
- Trust Wallet: A popular mobile wallet offering an easy way to store and manage ETN. It includes features like staking, dApp access, and an in-app exchange, making it a versatile choice.
- Coinomi: Known for its strong encryption and multi-asset support, Coinomi ensures a secure and smooth experience for managing ETN. It also offers built-in exchange services for quick token swaps.
Using these wallets provides a safe and efficient way to store Electroneum while catering to different user preferences.
