5 reasons to buy more Electroneum

Electroneun is a cryptocurrency with huge, genuine usage via real-world ecosystem. Earn and spend in over 140 countries.

THESE ARE THE REASONS WHY YOU SHOULD BUY MORE ETN

It will make you want to know more. Fiat currency is old news. And once our assumptions about how money works are turned over, we can’t help but be driven by a hunger for knowledge. Electroneum will make you ask why we’ve been willing to settle for fiat until now. It will make you want to understand how the blockchain works, and why a financial revolution is necessary. And it’s important to know these things; after all, Electroneum is the money of the future.
It will most likely appreciate in value. The price fluctuations that Electroneum has experienced in the last few years leaves many people saying that Electroneum is too volatile to count on. But while price volatility has certainly led to dramatic spikes and drops, most notably in 2017-2018, Electroneum overall arc has followed an undeniably upward trajectory. In other words, if you hold it long enough, the probability of appreciation in value is higher than any other asset class in the past 11 years.

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Electroneun has an Instant Payment System

Existing forms of payment such as cash, card and contactless only work when a transaction takes place in an instant. This ensures payment is received by the seller before the buyer leaves with the goods.

Whilst cryptocurrency is undoubtedly the next generation of digital payments, the speed in which a transaction takes place is generally slow. Even Bitcoin, the most renowned cryptocurrency, can take up to an hour to receive. However, we do have a solution. We have created a patent pending Instant Payment system.

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Using our Instant Payment API, we’ve made it incredibly easy for developers to integrate existing ePOS and eCommerce systems into Electroneum. This is enabling MVNOs and MNOs, Corporates and Retailers to begin accepting ETN as payment for their products and services.

As the use of cryptocurrency increases globally, ETN Everywhere emerges as an opportunity for business to adapt and succeed

Nearly one fifth of the world’s population has used cryptocurrency, while 14% more said they would in the future

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The way we pay for things online or directly in shops and with service providers has changed dramatically the world over In recent years. Cryptocurrencies, for instance, have disrupted mobile payments becoming powerful financial tools enabling customers and merchants to transfer wealth between one another at unprecedented speeds without needing to go through banks.

Many businesses have realized where the evolution of currency is headed, and the importance of riding the crypto wave to take advantage of the benefits payments with crypto bring, such as the increasing number of people using them as well as the lower transactional costs.

More importantly, for business owners that are still wary about the new asset class, most cryptocurrency payment methods do not require vendors to have any knowledge of how virtual currencies work from a technical perspective but only the benefits of using them.

The number of people that want to use crypto for everyday transactions is rapidly increasing. According to the GOCRYPTO website, more than 11% of the world’s consumers want to pay with crypto, and that percentage is growing every day.

A June 2019 report by Moscow-based cybersecurity firm Kaspersky Lab reveals that 19% of people globally have used cryptocurrency and that a further 14% are is keen to use crypto in the future. The findings are the result of a survey of 13,434 people in 22 countries in October and November 2018.

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Taking advantage of the trend

Electroneum understands the trend and has observed an increasing number of business owners around the world who have begun to accept ETN as payment. Most vendors currently accepting ETN are in Uganda, South Africa, Brazil, and Argentina, while other territories are seeing growth too.

There are also about 300 e-commerce websites accepting ETN for purchases, which is significantly vital as this sector is expected to grow to US$5.9 trillion by 2022, according to an article by Forbes. E-commerce was responsible for around US$3.5 trillion in sales in 2019. 

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