Some awesome news for everyone out in the community. We’re massively excited to announce our Fiat Pairing Partnership with Liquid, one of the world’s largest cryptocurrency exchanges. ETN will go live with Euros first (EUR) with a Dollar (USD) pairing following shortly.
So if you’re an e-commerce biz, a barbers, a sandwich maker, a street vendor, a café, whatever your business you can now benefit from ETN as your business can now buy and sell it simply and easily .
This is a business-defining moment for Electroneum and a pivotal moment for cryptocurrency in general. It will make us accessible to the next wave of people accessing crypto, those who will use it as a real-world utility and will spend it on everyday goods.
And it will give vendors the chance to convert their ETN into Euros or Dollars – breaking down another barrier to accepting cryptocurrency as a form of digital payment as it gives them the option to convert their ETN into a currency that’s more widely recognised.
This is an essential option in the early days for this currency and any currency and it will help speed up vendor adoption.
I asked on liquid what happened to the etn/eur pairing.
they said:
"Thank you for reaching out.
Apologies for the inconvenience as ETN/EUR pairing is currently disabled as circuit breakers monitor the Liquid markets constantly and are triggered upon >=40% price swing. Once triggered, they disable the market of that product immediately for both spot and margin trading.
From there, we will keep watching the market and enable the product once price stabilizes.
Kind Regards,
Malvin Cayubit
Liquid Support team
"
I asked whether the price swing was up or down.
they said:
"
As of the moment we cant verify since our system was the one that disabled the market. Once the market is enabled, we can then check the price swing.
Yup, people and paid campaigns can try to FUD, scare and separate the community all they want. Still doesn’t mean there isn’t huge interest and things happening behind the scenes.
