When you buy cryptocurrency with fiat money, the process is going to be much faster and – more importantly – simpler than doing so with another cryptocurrency. You don’t need to already own crypto, the buying process is very easy, it usually requires no account creation & minimal KYC verification. By buying your Electra with a credit card, you will receive instant confirmation & lightning fast payouts. That’s the expected hardware wallet market value by the year 2025.
The block time for the coin is 2.5 minutes, generating 576 blocks in a day and the block size is 1 MB. The coin is supported by official Electra wallet that comes in Windows, Mac OS and Linux versions as well as a paper wallet. The data on the price of Electra and other related information presented on this website is obtained automatically from open sources therefore we cannot warrant its accuracy. COINCOST is in no way related to the cryptocurrency Electra, its developers and representatives. Bitcoin is the cryptocurrency that started it all – the “flagship” of the cryptocurrency industry. It is undoubtedly the best-known crypto on the planet – even if you were to buy ECA, you probably know perfectly well what Bitcoin is!
If you are interested in crypto mining at home, I wrote up my story on How I started mining Bitcoin at home in 2021 which details out various easy to set up at home crypto mining rigs. If Electra doesn’t have an investment option using the currency you purchased as Coinbase, don’t worry. All you need to do is trade into the specific currency. If you purchased Ethereum at Coinbase, you are going to want to look for the ECA/ETH investment. Now you should be ready to make your first purchase of Bitcoin or Ethereum that you will then use to buy Electra . To learn about setting up your bank account with Coinbase, click here. Coinbase does a great job of walking you through this setup as many banks have instant account verification.
Electra Coin (eca)
It uses the NIST5 algorithm and Proof of Work and Proof of Stake for mining new coins. While Coinsquare does not support this token, it may be purchased on other trading platforms for any major cryptocurrency, like BTC, ETH, and XRP or fiat currency such as Canadian dollar, US dollar, and Euro. To learn how to sell Electra / ECA, scroll down to the “How to sell ECA section”. If you want to fund your account using your Bank Account, your purchased cryptocurrency will not available for trading for 4 to 5 business days.
Satoshi Nakamoto added maturity to the idea of crypto mining, Bitcoin wallets, and more. Other influencers like Vitalik Buterin, founder of Ethereum and Ether, brought forth things like smart contracts, which paved the way for cloud mining. There is a max supply of 30,000,000,000 ECA that will ever be available, based on mining efforts through the Proof of Work and Proof of Stake miners.
European Coin Alliance is a digital asset with the market capitalization of $0. European Coin Alliance is ranged as in the global cryptocurrency rating with an average daily trading volume of $0. In the recent 24 hours the price has changed by 0%. The cryptocurrency rating as accessed by BeInCrypto community is 7.425. The dedicated Twitter account has 1.8K followers. Altcoins are the various different cryptocurrencies that you will find on the cryptocurrency market .
Sample Mobile Wallet $xep Claim Process
Although Coinbase has both iOS and Android apps, I have found the easiest way to setup your exchange account with them is to use their website. Using this quick step-by-step guide, you can start buying and investing in ECA using major exchanges such as Coinbase and CoinBene. Electra is a community-powered cryptocurrency focused on P2P payments and merchant payment solutions. The graph shows the Electra price dynamics in BTC, USD, EUR, CAD, AUD, CAD, NZD, HKD, SGD, PHP, ZAR, INR, MXN, CHF, CNY, RUB. How much does Electra cost? Use the toggles to view the ECA price change for today, for a week, for a month, for a year and for all time. Each individual altcoin is going to have its own, specific features, benefits, and shortcomings, and will also be used in some very different scenarios.
- Coinbase uses your mobile phone number to setup Two-factor authentication on your account making your account even more secure.
- If you bought your Electra & now you think that the time has come to cash out, there are multiple ways to do that.
- Based on the technical Electra analysis & evaluation, the current market rank of ECA is #1383, while the coin’s market cap is $669,026.13 USD.
- Before making financial investment decisions, do consult your financial advisor.
- Coinbase does a great job of walking you through this setup as many banks have instant account verification.
That’s where the most secure hardware crypto wallets come into play. No account creation is needed to finish the cryptocurrency purchase. Complete a few simple verification steps & get your crypto safely, quickly, and without hassle. Select the cryptocurrency you want to purchase and the fiat currency you will be paying in. you can buy and sell 10+ coins using most popular payment methods. It has a circulating supply of 28.7 billion coins and ranked as #951 with $507.8 thousand market cap. , for the previous 52 weeks lowest and highest price for ECA was $0.
Create An Ethereum Wallet
Any transactions associated with this coin will also be removed. Nexo.io – Earn 8% APY on BitcoinEarn 8% APY on Bitcoin, Ethereum & other crypto and 12% APY on Stablecoins & Fiat. When the price hits the target price, an alert will be sent to you via browser notification. To receive alerts, please allow web browser notification permission.
While Electra is not Bitcoin, the most well-known cryptocurrency, it has a large community. When comparing Electra to Bitcoin, you may notice the price change is significantly different. To see more about Electra’s price, check out their CoinMarketCap page. On CoinMarketCap, you can see the exchange rate for ECA to BTC, or Bitcoin.
CoinGecko provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics. USD with a 24-hour trading volume of $668.38 USD. The current CoinMarketCap ranking is #3734, with a live market cap of not available.
We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.
Looks like they have all the components although I’m not sure which component is the biggest selling point. On Telegram more people talk about speed above the other components, but I’m not on Telegram all the time. I like to track coins that are around or under 0.01 USD that I think have the potential to one day hit $1 or more.
The generally agreed-upon definition of an altcoin is any other cryptocurrency that is not Bitcoin – simple as that. In other words, all of the different cryptocurrencies that you can find on the market are going to be altcoins! Sure, the definition tends to change a bit with time, but the general idea remains the same – say, if you were to buy Electra on Coinbase or any other exchange, you would actually be buying. If you bought your Electra & now you think that the time has come to cash out, there are multiple ways to do that. One of the most popular ways of selling your crypto is exchanging it for gift cards & discounts of various vendors. You can also sell your ECA & get cash directly to your door, or receive your chosen currency to your bank account. Whichever method you choose, be sure you’re using reputable vendors.
Each of these crypto coins are going to have their own, unique blockchain, and a specific, designated use. As opposed to that, tokens are crypto assets that belong to a specific blockchain, and can be used for crowdfunding and ICO launch-related projects. So, whenever you buy Electra with a credit card, you are actually purchasing an altcoin, and not a token. Apart from these few challenges which may or may not occur, the trades should be smooth. More so, liquidity is mostly to the BTC trade pair on some of the exchanges followed by ETH. You can store coins on exchanges after purchase but we recommend using a dedicated wallet for security and long term storage.
The algorithm was created for a SHA-3 competition hosted by the National Institute of Standards and Technology , of which it entered the final round of candidates. The algorithm, aptly named NIST5, promises enhanced security of transactions while also providing faster transactions with lower fees. If Gemini is not available in your jurisdiction, view our list of exchanges that sell BTC or ETH for Government issued money. Quick Trade is on the left side of your Coinsquare dashboard. You can sell any cryptocurrency on our platform in three clicks. Step-by-step instructions on how to sell ECA for Canadian dollars or cryptocurrency. Also if you are interested in investing in other cryptocurrencies you more than likely can do that at the exchange you used to invest in Electra .
Electra project to beta-test ElectraPay, a cryptocurrency system for merchants that purports to be free of service providers, banks or credit card companies. Electra was one of the few comparatively successful coins in recent years to be launched without an official ICO process, though they do have an Announcement page on bitcointalk.org. Transfer your newly purchased BTC or ETH from your Coinbase wallet to one of the exchanges listed below.
Please login or register to start managing your portfolio. Electra, ticker symbol ECA, is a product of the combined abilities, skills, and talents of an ever-growing community of coders, developers, core business professionals, and other contributors. The Project is built on a highly functional and feature-rich blockchain.
A word of advice, now that you’ve made your first investment in Electra , you should MAKE SURE to track your investment. Even though the exchange you purchased Electra at does this for you, using a third-party website or app makes it a whole lot easier. Here is a list of some best cryptocurrency investment tracking websites and apps that you can use. Right now you can buy Electra at a good number of cryptocurrency exchanges including CoinBene. Since Coinbase only allows for the purchase of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, you will need to transfer your BTC or ETH investment to another cryptocurrency exchange.