Quoine’s Liquid Adds First Electroneum Trading Pair ETN/EUR to Exchange
Last month, Liquid showed it support for Electroneum by stating that the ETN is ready for crypto adoption. The platform also stated that the ETN/Euro paid will be available in early November.
— Liquid (@Liquid_Global) November 5, 2018
Fintech company Quione, founded by two individuals with experience in the financial system, was developed to combat the disruptive power of cryptocurrency and blockchain technology, particular in the financial space. The company has grown to be one of the largest fintech platforms providing next-generation services, trading, and so much more – all powered by the blockchain. The platform’s position is that financial services will be impacted in the future by the blockchain and cryptocurrency industries and in particular, financial services may become more accessible.
QASH, a native token, supports Quione and provides it with liquidity. Quione also provides another feature called Liquid by Quione, which enables users to buy and sell virtual assets such as QASH, Ethereum, and Bitcoin. Electroneum’s ETN is another addition.
Electroneum is a project for the blockchain that provides mobility and micropayments. The third-generation blockchain system also features an ETN, which has been receiving support, even as the market has been constricting.
Mobility is significant for new tokens and it is usually garnered by mobile devices and tablets. Users simply need to install the mining app and run it on their phone. Thereafter, users will receive ETN coins on a daily basis.
As for Liquid by Quione, it is adding the ETN to their platform, a significant move because it will be the first exchange that allows users to purchase ETN tokens directly. It also provides the token with credibility. It is also set to be paired with Bitcoin and Ethereum, potentially making it ETN worthy. The development may also generate demand for ETN, and it may then enhance the price. Essentially, users can now use ETN tokens that they’ve been accumulating to pay for good and services at businesses that support ETN. The downside though is that at this point, there are not many of them.