Exchange Electroneum Fast Without KYC

Introduction to Electroneum

Electroneum was founded in 2017 by Richard Ells, a British serial-entrepreneur who also owns businesses such as Retortal, AnyTask.com and SiteWizard. It is a layer 1 EVM-compatible blockchain which focused on providing a payment ecosystem to users in over 190 countries worldwide. It aims to provide an alternative to traditional fiat-based payment methods via mediums such as Visa, Mastercard, PayPal and Apple Pay. Unlike these platforms which charge significant fees for transactions, fees on Electroneum typically cost a fraction of a cent (0.01 USD).

Electroneum transactions take just five seconds to confirm, making it much more suitable for real-time payments than Bitcoin and many of its rivals, which are far slower and more costly to transact with. The launch of Electroneum’s Aurelius blockchain update in 2024 provided a means for developers and organisations to explore and build Web3 solutions to solve real-world problems.

Who should buy and hold Electroneum?

Electroneum was once a top 100 blockchain in terms of market cap, but lost significant ground since 2021, largely due to being overtaken by blockchains with superior technology. However, many analysts believe the 2024 update provides an opportunity for Electroneum to reverse that trend and regain traction in the Web3 space. With over 4 million registered Electroneum users and an X (formerly Twitter) following of over 120k, it has a strong foundation on which to rebuild.

Electroneum is available on many large centralized exchanges such as Gate.io, HTX and MEXC. With a fixed supply of 21 billion ETN tokens and relatively low market cap compared to other EVM-compatible blockchains, there's certainly scope for growth which may peak the interests of savvy investors.

How can I exchange Electroneum on Incogex?

Whether you have Electroneum you wish to swap for another cryptocurrency, or have another cryptocurrency you wish to exchange for Electroneum, Incogex can help you do this in a matter of minutes without any registration and low fees.

Unlike most cryptocurrency exchanges we don't require any registration or 'KYC' (Know Your Customer), ensuring your anonymity and privacy are respected at all times. We offer a wide selection of cryptocurrencies that can be exchanged for Electroneum.