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ELITIUM (EUM) is the 1017th largest cryptocurrency in the world by market cap, valued at $25,615,811. The current price of ELITIUM is $0.640894, which is -6.760% lower than yesterday. Prices have ranged between $0.698308 and $0.625776 over the past 24 hours. All prices are listed in US dollars and accurate as of February 07, 2023 07:02 UTC.
Elitium is a FinTech company and blockchain-based service built in 2017 that focuses on bringing high-end products into the world of cryptocurrency. Elitium allows its customers to browse and purchase goods and services from a number of compatible apps using its native token, EUM.
They even offer a crypto debit card that is compatible with over 46 million luxury stores. The Elitium network aims to revolutionise the luxury purchasing industry by completely abolishing most transactional fees and offering cashbacks (up to 1%) and staking solutions for token-holders. As with many other cryptocurrencies, the control of funds is left entirely with the consumer – no third-party is able to access EUM tokens, unlike the way a bank can access their accounts. Elitium has also expanded their services to include crypto-based investments, including gold tokens (backed by the physical asset), NFTs and other decentralized finance functions. EUM is the ERC-20 token native to the Elitium network and has a number of economic use cases on the platform. EUM can be spent in any store that accepts Visa.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance 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 cryptocurrencies discussed.
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