Cryptonit Becomes World's First Crypto-Fiat Exchange With Electroneum Support

Cryptonit Becomes World's First Crypto-Fiat Exchange With Electroneum Support

The Cryptonit exchange, owned by Swiss holding Finom AG, has added support for Electroneum. For the first time, this coin has been listed on a platform that allows trading with fiat currencies. Previously, such a service was unavailable within a single exchange, and traders had to use third-party brokers.

Electroneum (ETN) is an anonymous cryptocurrency based on its own blockchain and created for payments in mobile apps and games. According to CoinMarketCap, ETN’s exchange rate as of 4 April 2018 is about $0.02, with a $135 million market capitalization. Nevertheless, crypto exchanges supporting fiat don’t list this coin at all.

"By listing Electroneum on our exchange, we expect to make its trade much easier. Cryptonit is now the only platform that supports both the Euro and ETN," emphasized Konstantin Karatov, Cryptonit’s founder.

The Cryptonit exchange serves around 45,000 users and supports the trading of Bitcoin and Ethereum paired with Euro. The platform is constantly updated, with its developers adding new languages and incorporating contemporary algorithms into the exchange’s trading engine. All that’s necessary to start trading ETN is to register on Cryptonit’s website.

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