Why You Should Invest in Electroneum
There are so many cryptocurrencies out there and knowing which to invest in can be confusing. However, there are few which stand out either because of their application, the target market, or the future potential. Based on these three criteria, we’ll discuss why it’s a good idea to invest in Electroneum but first, a short introduction.
What is Electroneum?
Electroneum is a British Cryptocurrency that was designed to conquer the gaming world and online gambling market. The developers decided to make it easy to use such that the least tech-savvy person would still be able to use it.
Finally, the mobile-based platform makes it accessible to most people. These are the features that make Electroneum more enticing to investors.
However, for the sake of clarity, we’ll make an outline. These are five reasons you should invest in Electroneum.
Reasons to Invest in Electroneum
Outlined below are five reasons you should invest in Electroneum, let’s jump right in.
Easy to Use
This is perhaps the selling point for this cryptocurrency. It’s easier to relate Electroneum with real life money figure when making purchases, it’s not like Bitcoin that can be a bit confusing to the average user that has to buy a pizza for 0.005BTC.
Unlike most other cryptocurrencies that appear to be created for the geeks of the world, Electroneum was designed for the average user. This means you don’t have to be tech-savvy to use it.
Large Target Market
The fact that you don’t have to be tech-savvy means that billions of average users across the world can invest in it. The problem of accessibility was solved by bringing the cryptocoin to your smartphone. Since there are close to 2 Billion smartphone users worldwide, that’s an extremely large target market.
Users would be able to use the digital currency across different gaming platforms on their smart devices. There is also the considerably large gambling market to consider. This implies that, if the gaming world and gambling market remain functional, Electroneum will remain relevant.
Let’s face it, online gambling is here to stay and so is Electroneum.
The number of people mining a cryptocoin can help determine if it’s worth investing in. This is because geeks would not spend money buying the proper gears and precious time mining a cryptocurrency destined to fail. Basically, the more miners the cryptocoin has, the higher it’s likelihood of success.
Here is what makes Electroneum special, mobile mining is possible. That means that an average user with a smartphone can mine it. Considering the number of smartphone users in the world, we are talking about billions of possible miners spread across the globe.
Fast Secure Transaction
The major problem with Bitcoin is that anyone with your public Bitcoin wallet address can see the number of Bitcoin you have and your transaction history.
With Electroneum, your transaction is kept private. The only trace of your transaction would be a transaction hashes that can only be discerned by a tech-savvy person. Electroneum also has the advantage of offering a faster transaction.
All the reasons outlined above leads to one thing, Electroneum is a smart investment. This recently launched cryptocurrency has already returned over 700 percent return to investors already. And it is increasing by the day.
There are three major things that make Electroneum valuable. First is the fact that it can be accessed by billions of users because of its user-friendly mobile based interface. Let’s not forget the application. Its use in the mobile gaming and gambling world ensures it remains relevant.
Finally, we have the mobile mining. You can easily mine it on your platform. So, what are you waiting for, invest in Electroneum today. You can purchase it on Cryptopia.