Electroneum was the first ICO I joined, since I saw a lot of potential in this coin, and I was right since its price has jumped to 12 cents now from its initial 1 cent, and even less if like me, you bought it with bonus. Electroneum's team is now planning to list it on popular exchanges, such as Binance, Bittrex and Poloniex. And once they successfully do so, I think its price will skyrocket.
So, its a good time to buy Electroneum before it hits these popular exchanges. At the moment, it is only available on Cryptopia. Now, how can you buy Electroneum from STEEM/SBD when Cryptopia doesn't support trading of STEEM/SBD. Well, here I will show you how. Let's assume you would be using Bittrex to trade STEEM/SBD.
Send your SBD/STEEM to Bittrex.
Convert your SBD/STEEM to BTCs.
Although you can now send BTCs to your Cryptopia account, it would be really costly, as the withdrawal fee of BTC on Bittrex is 0.001 BTC, which amounts to around $10. So, its better to convert your BTCs to Dogecoins, whose withdrawal fee is only 2 Dogecoins, which amounts to around 1.5 cents. I am assuming here that you are not transferring a very large amount, as in that case, the transaction cost would increase proportionally and it might become better to just send BTCs.
On Cryptopia, convert your Dogecoins to BTCs.
From your BTCs, you can now purchase Electroneums.
I hope you found this article useful, and I hope you won't miss the opportunity to buy Electroneum when its still cheap.
Yes I have invested in Electronium and I hope it will be very profitable Coin in future.
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You really shared an easy and profitable way to buy Electroneum. I have some steems so I would also prefer to buy Electroneum it is good time to purhase.. thanks for updating @hmushtaq
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Yes, now its a good time indeed to spend some on Electroneum.
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Electroneum is solid long term!
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I agree :)
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Very good guide, easy to understand plus give a good investment advice taking your experience as support, this is really useful, Do you know if Poloniex works too?
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Thanks. Yes, you can also do this using Poloniex.
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I didn't know Dogecoin transaction fee was this low ! I used Ltc to buy Etn . I missed the ico but i managed to buy Etn at 5cents . They are going to be listed on HitBtc soon .
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Getting listed on HitBTC would be awesome too! And 5 cent was still a great price.
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I heard they pump coins to Mars Lol . Get your sell order ready for those pumps and buy back at cheap when pump gets over .
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Yes saw that happening quite often, but didn't exploit that condition yet. I should send some Electroneums from my wallet to Cryptopia for day trading, LOL!
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How long the pump last ? I have not used HitBtc yet , just heard things about it here and there .
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Ah OK you are saying HitBTC pump coins. I thought you were talking about Electroneum itself. Because I also saw a lot of fluctuations in Electroneum's price. Will keep an eye on the coins HitBTC is pumping from now on as well.
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Interesting I never thought of buying another coin for doing the withdraw of the exchange, at 12cents I could buy some, I hope it goes up in price.
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Electroneum will go like a rocket if bittrex , bianance accept it ...
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True!
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This wonderful post has received a @hmushtaq 10.17% upvote from @mrswhale. Discord Channel: https://discord.gg/XG4y3mg You can vote in the name of the odl. https://steemit.com/~witnesses
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Great post tnx for sharing i just upvoted check out my new post steemitalltheway
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This post has received a 2.39% upvote from @lovejuice thanks to @hmushtaq. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.
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You got a 0.89% upvote from @postpromoter courtesy of @hmushtaq! Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
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You got a 3.51% upvote from @nado.bot courtesy of @hmushtaq!
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Sneaky Ninja Attack! You have been defended with a 1.66% vote... I was summoned by @hmushtaq! I have done their bidding and now I will vanish...Whoosh
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Thank you for this guide! it is actually very useful for beginners.
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This post has received a 3.50% UpGoat from @shares. Send at least 0.1 SBD to @shares with a post link in the memo field.
To support our daily curation initiative, please donate 1 SBD or delegate Steem Power (SP) to @shares by clicking one fo the following links: 10 SP, 50 SP, 100 SP, 500 SP, 1000 SP, 5000 SP.
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I'm giving 1,000 electroneum away for some upvote and resteem action! Check out my post for details! https://steemit.com/electroneum/@lanceswallart/i-m-giving-away-1-000-electroneum-to-one-of-you
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This post has received a 1.79 % upvote, thanks to: @hmushtaq.
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