Lightning: Electroneum increased by 27 percent. But what’s the matter?

The cryptocurrency markets in the last month have kept relatively calm, although a couple Panov happened. On the eve of a strong surge showed Electroneum. This is due to the new partnership agreement, which will allow you to trade the ETH in pairs with Fiat currencies. According to Coinmarketcap, a token Electroneum ETN has grown by 27 percent. At the moment the coin is a 52 place in the list with a score cap of 148 million dollars. Daily transaction volume reaches $ 3.2 million, is subject to double growth since yesterday.

Ethereumworldnews writes that the team Electroneum announced the beginning of cooperation with Turkey’s largest crypto currency exchange SistemKoin. The exchange intends to solistice ETN trading in three pairs, two of which will go to Fiat. ETN will be available to trade for Turkish Lira, US dollars and Bitcoin. It is important to note that U.S. citizens can also freely register on this exchange. This shows that there is a potentially huge market for a pair of ETN/USD.

Source: CoinMarketCap

Another important news was the announcement of the crypto currency exchange Liquid about the plans to add Electroneum in tandem with the Euro. This opens the token ETN the way to another Fiat currency and a huge market.

Source: CoinMarketCap

What is Electroneum?

Electroneum presents itself as a platform that combines mobile payments FINTECH-sector and cryptocurrencies. From announcement on Reddit, it follows that now they are finalizing the platform to obtain certification of AML and KYC. Supposedly this is the last obstacle to the coins on the way to the adoption of major stock exchanges and corporations.

In addition, Electroneum working on its own instant direct payments between mobile devices. Considering new partners, such ambitious plans for the near future, we can expect further growth of the coin. More data look at cryptodata.

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