Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Electroneum (ETN) in Canada

Learn how to buy Electroneum (ETN) in our step-by-step guide.

Electroneum (ETN) is the 488th largest cryptocurrency by market cap, valued at US$39,255,366.

Electroneum is a highly volatile asset capable of major price swings in a single day. Today ETN is trading for $0.00219005 USD, which is higher than yesterday's trading price of $0.0021610637 USD. Over the past year, Electroneum's price has seen a decrease of -44%.

So before you buy Electroneum, make sure you understand these unique risks as well as its legal and tax status here in Canada.

If you're ready to get started, read on for step-by-step instructions on how you can buy Electroneum.

How to buy Electroneum in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Electroneum is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit CAD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Electroneum
    You can now exchange your funds for Electroneum. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Electroneum to your personal wallet.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy Electroneum in Canada

Find an exchange to buy, sell and trade ETN by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

1 - 0 of 0
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
No items match the given criteria.
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
loading

How we keep this Electroneum guide up-to-date

  • ETN price data is regularly updated through data feeds so you always have the latest information.
  • Electroneum performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy Electroneum?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Canada to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Electroneum?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Electroneum.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing ETN with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy Electroneum?

Once you've created an account, you will need to deposit funds to buy ETN with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy ETN:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase ETN by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for ETN on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Electroneum?

The easiest way to buy ETN is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying ETN, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Electroneum has been performing recently.

Best Electroneum wallets to store your ETN

You can keep your ETN on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your ETN below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Electroneum a good investment?

Before buying any cryptocurrency, it’s essential that you fully understand all the risks involved. If you’re thinking of buying any Electroneum, make sure you consider the following factors first:

  • Tokenomics. The maximum supply of Electroneum is capped at 21 billion coins. This high maximum supply means that ETN transactions only have two decimal places, which is meant to make using Electroneum feel similar to transacting with fiat currencies.
  • Mobile platform. Electroneum’s platform is largely aimed at mobile users, and the network has an app for both the play and iOS stores. Much of the currency’s use-case is predicated on owning the app, so it’s worth reading reviews and deciding if you want to install it on your device before purchasing ETN.
  • Target market. A key goal for many digital currencies is providing financial services to the unbanked. In Electroneum’s case, they intend to provide these services via a mobile device. However, those that are unbanked are also more likely to lack access to a mobile and the internet that is required to use the network’s payment services. This may have a negative impact on adoption and use-case for the cryptocurrency.

Today's Electroneum price versus ATH

Compare today's price of Electroneum ($0.00219005 USD) against its all-time-high price of $0.207854 USD on 06 January 2018. The closer the bar is to 100%, the closer ETN is to reaching its ATH again.

Electroneum's price: $0.00219005
ATH date: January 06, 2018
1.05%

Electroneum ATH: $0.207854


How to trade, convert or sell Electroneum

You can convert or sell your ETN with the same exchange you bought it through:
  1. Sign in to the exchange you have ETN on.
  2. If you store your Electroneum in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of ETN you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Electroneum.
  6. Complete your transaction and move your ETN to a wallet for storage.

Disclaimer: Cryptocurrencies, including Electroneum, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of ETN is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Electroneum or any other cryptocurrency discussed.

More guides on Finder

  • Bad credit loans in Edmonton, Alberta

    From personal and payday loans to lines of credit, compare loans for bad credit in Edmonton.

  • How to buy Sui (SUI) in Canada

    This guide provides step-by-step instructions on how to buy Sui, lists some exchanges where you can get it and provides daily price data on (SUI).

  • How to buy Pepe (PEPE) in Canada

    This guide provides step-by-step instructions on how to buy Pepe, lists some exchanges where you can get it and provides daily price data on (PEPE).

  • How to buy Arbitrum (ARB) in Canada

    This guide provides step-by-step instructions on how to buy Arbitrum, lists some exchanges where you can get it and provides daily price data on (ARB).

  • How to buy SSV Network (SSV) in Canada

    This guide provides step-by-step instructions on how to buy SSV Network, lists some exchanges where you can get it and provides daily price data on (SSV).

  • How to buy USDD (USDD) in Canada

    This guide provides step-by-step instructions on how to buy USDD, lists some exchanges where you can get it and provides daily price data on (USDD).

  • How to buy Blur (BLUR) in Canada

    This guide provides step-by-step instructions on how to buy Blur, lists some exchanges where you can get it and provides daily price data on (BLUR).

  • How to buy FLOKI Inu (FLOKI) in Canada

    This guide provides step-by-step instructions on how to buy FLOKI Inu, lists some exchanges where you can get it and provides daily price data on (FLOKI).

  • How to buy Aptos (APT) in Canada

    This guide provides step-by-step instructions on how to buy Aptos, lists some exchanges where you can get it and provides daily price data on (APT).

  • How to buy EthereumPoW (ETHW) in Canada

    This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on (ETHW).

Go to site