Is Electroneum a Good Investment?

Here you will find the right answers

About Moneyland Forum

The moneyland.ch forum lets you exchange knowledge on numerous topics related to money and get answers to your questions at any time. Join forum users and experts in discussions relating to banking, investment, insurance, retirement, telecom and everyday money topics.

Show categories

Please login in or sign up to participate in the forum.
 
avatar
  • BenutzernameMoneyland User Questions
  • Status Member
  • Registriert seit1/27/17
  • Beiträge2142

Do you think the cryptocurrency Electroneum might gain in value? Is it worth investing in this cryptocurrency?

 
avatar
  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4016

Hi there,

Electroneum is a mobile-based cryptocurrency. The processing or "mining" of blockchain transactions is distributed across the mobile phones of Electroneum users. It is a proprietary cryptocurrency backed by a company based in the United Kingdom.

As with all ICO and post-ICO token investments, you should consider the investment criteria laid out in the moneyland.ch guide to ICO investment before buying the token as an investment vehicle.

Best regards from Moneyguru

More on this topic:
Interactive stock broker comparison