Is it easy to sell ETN?


#1

Hi everyone, I see a lot of people accepting ETN payments.
We are considering this too for our business, we sell cross border mobile PAYG airtime top ups (about 900 mobile operators connected to us).
I am trying to convince our CFO that this is a good idea, but… he says we will end up holding a lot of ETN we cannot exchange back to GBP (our supplies only accept GBP currency). I don’t want to have to do a double exchange (for example ETN>BTC>GBP) as our margins wont cover that.

Any ideas?
Thank you in advance


#2

Liquid.com would likely be the best option.

ETN->EUR pairing (or ETN->BTC->EUR until volume picks up more), great API, regulated and the safest exchange on the market with one of the highest (if not the highest) crypto->fiat trading volumes.

Liquid has ALOT of things coming up this year which will build volume and growth…so definitely one to look into.


#3

@BegaMutex thank you, great reply, I will check them out.


#4

Question for everyone please:

In your experience, how quick is it to receive your FIAT currency after you sell your ETN?
Thanking you in advance


#5

Coinbase, United States based exchange, takes few hours to withdraw fiat into linked bank account.


#6

Good timing…Liquid will add GBP fiat soon, see video just posted from their team at 6:09


#7

Try reaching out to the team. I think they have solutions for this in place.


#8

No problem. Feel free to PM me if you have any more specific questions.