How much is the circulation of Electroneum (ETN) coins?

Electroneum (ETN), a privacy-focused cryptocurrency with a circulating supply of 13.7 billion out of a total supply of 21 billion ETN, leverages multiple exchanges, software and hardware wallets, and its own ecosystem of mobile apps, desktop wallets, and prepaid debit cards.

Jan 04, 2025 at 12:10 am

Key Points

• Electroneum (ETN) is a privacy-focused cryptocurrency designed for everyday use.
• It has a total supply of 21 billion ETN and a circulating supply of 13.7 billion ETN.
• ETN is available on multiple cryptocurrency exchanges.
• Users can store ETN in various software and hardware wallets.
• The ETN ecosystem includes a mobile app, desktop wallet, and prepaid debit card.

Circulation of Electroneum (ETN) Coins

• Electroneum has a total supply of 21 billion ETN.
• Out of this total supply, 13.7 billion ETN are currently in circulation.
• The remaining 7.3 billion ETN are held in reserve by the Electroneum Foundation.
• The circulating supply of ETN is expected to increase over time as new blocks are mined and ETN is released into circulation.

Availability of Electroneum (ETN)

• Electroneum (ETN) is available on a wide range of cryptocurrency exchanges, including Binance, KuCoin, and Gate.io.
• Users can purchase ETN using various fiat currencies, including USD, EUR, and GBP.
• ETN can also be traded against other cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH).

Storage of Electroneum (ETN)

• Electroneum (ETN) can be stored in a variety of software and hardware wallets.
• Some popular software wallets for ETN include the Electroneum Desktop Wallet and the Electroneum Mobile App.
• Hardware wallets, such as the Ledger Nano X and the Trezor Model T, also support ETN storage.
• Users should choose a wallet that is secure, easy to use, and compatible with their operating system.

Electroneum (ETN) Ecosystem

• Electroneum has developed a comprehensive ecosystem of products and services.
• The Electroneum Mobile App allows users to send, receive, and store ETN on their mobile devices.
• The Electroneum Desktop Wallet provides users with a more advanced interface for managing their ETN.
• The Electroneum Prepaid Debit Card allows users to spend ETN at any merchant that accepts Visa.
• The Electroneum Foundation also supports the development of third-party applications and services built on the ETN network.

FAQs

• Q: What is the difference between Electroneum (ETN) and other cryptocurrencies?

  • A: Electroneum is a privacy-focused cryptocurrency designed for everyday use. It has a low transaction cost and is easy to use, making it suitable for micropayments and everyday transactions.

• Q: How do I purchase Electroneum (ETN)?

  • A: Electroneum (ETN) can be purchased on cryptocurrency exchanges such as Binance, KuCoin, and Gate.io. Users can purchase ETN using various fiat currencies or other cryptocurrencies.

• Q: How do I store Electroneum (ETN)?

  • A: Electroneum (ETN) can be stored in software wallets such as the Electroneum Desktop Wallet or the Electroneum Mobile App. Users can also store ETN in hardware wallets such as the Ledger Nano X or the Trezor Model T.

• Q: Can I use Electroneum (ETN) to make purchases?

  • A: Yes, Electroneum (ETN) can be used to make purchases through the Electroneum Prepaid Debit Card. The card can be used at any merchant that accepts Visa.

• Q: What is the future of Electroneum (ETN)?

  • A: Electroneum is a promising cryptocurrency with a strong focus on usability and adoption. The development of the Electroneum ecosystem, including the Electroneum Mobile App, Desktop Wallet, and Prepaid Debit Card, has increased the accessibility and utility of ETN. The Electroneum Foundation's support for third-party applications and services is expected to further drive the growth and adoption of ETN.