e-Krona is a state-backed digital currency for Sweden launched in 2018.  It is the world’s first government-backed crypto and is currently retailing at €0.2.

The crypto has just completed the beta testing phase and is therefore available for mass trading. Experts predict that e-Krona will shoot through the roof by the end of 2021 and surpass the value of bitcoin by late 2022.

Some experts allege that every pound invested in e-Krona Cryptocurrency today will be worth €5000 in the next few months. This means that you could soon become extremely wealthy if you invest at least USD250 today.

But is e-Krona Cryptocurrency a legit investment? Also, can you make the said fortunes by investing in it today? You will find the answers to these and many other pertinent questions in our kickass review.

Do not proceed with e-Krona Cryptocurrency before reading to the end. Feel free to comment below for clarifications or questions not covered in this review.

What is e-Krona Cryptocurrency?

According to a statement on the official website of the central bank of Sweden (Riksbank), the e-Krona is a decentralized Swedish Krona. The Krona is the official currency of Sweden.

State-backed crypto means that the digital coins are issued and controlled by the government rather than being mined. The coins for digital currencies such as Bitcoin and Ether are released through mining.

The e-Krona has many advantages over the traditional crypto. Firstly, it ensures seamless P2P transactions while ensuring government oversight. This ensures that the decentralized money is not used for criminal activities, including money laundering.

Secondly, government-backed crypto is likely to gain mass adoption due to the level of trust involved. It’s no wonder that the e-Krona is expected to surpass bitcoin in value in the next few months.

Most experts are upbeat that a small investment into this crypto today will be worth fortunes in the next few months. An article on the Entrepreneur predicts that every pound invested in the e-Krona today will be worth nearly €5000 by the mid of 2022.

Thirdly, the e-Krona can easily be traded. The central bank of Sweden has entered into a partnership with highly trustworthy brokers in the EU and other regions to ensure a seamless trading process.

You will automatically link to one of the e-Krona supported brokers on registration. Deposit the trading capital with the assigned broker as instructed.

How does e-Krona Cryptocurrency work?

As mentioned above, e-Krona Cryptocurrency is the decentralized version of the Swedish Krona. It was launched in 2018 by the central bank of Sweden (Riksbank).

e-Krona has been in the beta testing phase since July this year. It’s not in the full implementation phase and is available for trading through select brokers. Those looking to trade it are required to sign up on its official website.

Each user is assigned to a local broker on signup and prompted to through a series of verification steps. They are prompted to fund their account with at least USD250. The broker uses the funds to buy the e-Krona. 

 

As stated previously, each e-Krona is currently retailing at €0.2. The value is expected to explode as soon as it’s listed on crypto exchanges. If the expert predictions are anything to go by, the value of each e-Krona will be trading at €5000 by the end of 2022.

Those who invest at least €250 today could become crypto millionaires by the end of next year. The e-Krona cryptocurrency growth will be propelled by mass adoption. This crypto is likely to gain more trust than bitcoin, given that it’s backed by a government.

e-Krona is likely to experience massive volatility in the coming weeks. This volatility presents both opportunities and risks. We strongly recommend that you treat an investment in this crypto as high risk.

Consequently, do not put most of your savings into this project. High-risk investments shouldn’t carry more than 10% of your investment capital.

Is e-Krona Cryptocurrency a Scam?

We have put e-Krona Cryptocurrency under the microscope and found it to be legit and worthwhile.

This crypto is undoubtedly backed by the central bank of Sweden. We have visited the Riksbank website and found information about crypto. According to a statement on the website, the e-Krona is a decentralized version of the Swedish Krona.

The e-Krona has recently completed the beta testing phase and is reportedly available to the masses for trading. You need to register on the e-Krona official site to participate in trading. The trading is made possible by leading brokers in the UK, Australia, and South Africa.

We have investigated each of these brokers and confirmed that they are highly reputable. All are well regulated by leading institutions such as the Financial Conduct Authority (FCA) and the Australian Securities and Investment Commission (ASIC).

This crypto is widely covered in alternative and mainstream media. It’s also widely discussed on social media and consumer review platforms.

  • e-Krona Cryptocurrency on the Entrepreneur Magazine – We have come across multiple articles discussing this project on this high traffic publication. The posts mostly discuss the potentials found in this project.
  • e-Krona Cryptocurrency on Forbes – We have also come across several posts discussing this project in Forbes Magazine. The highlight is also the potential benefits of this project.
  • e-Krona Cryptocurrency on Wikipedia – This crypto has also earned itself a page on Wikipedia. This is enough proof that of its high popularity.
  • e-Krona Cryptocurrency on Reuters – Over five posts also discuss and report on this project on Reuters.

Is e-Krona Cryptocurrency a scam? The Verdict!

We have put e-Krona Cryptocurrency under rigorous testing and didn’t find anything to indicate that it’s not legit.

This crypto is the first state-backed decentralized money. It’s a project of the government of Sweden through Riksbank. The e-Krona is the official decentralized version of the Swedish Krona.

You can make money by trading the e-Krona on its official website. It’s currently selling at €0.2 on its official site. The public sale has just begun, and the price is expected to explode in the coming weeks.

According to experts, the value of the e-Krona Cryptocurrency may surpass €1000 by the end of this year. This means that a small investment of €250 could be worth a fortune by mid next year. The e-Krona may gain tenfold in the next few weeks hence generating insane profits for investors.

But profitability isn’t guaranteed, and there is a possibility of the e-Krona cryptocurrency value diving in the short run. A prudent investor only puts what they can afford to lose in a high-risk investment. Diversification is crucial in every investment project.

FAQs

Is e-Krona Cryptocurrency available on Binance?

e-Krona is yet to be listed on most exchanges. You will, therefore, not find it on Binance or any other crypto exchange.

How do I trade the e-Krona Cryptocurrency?

You can only trade the e-Krona Cryptocurrency on its official website. Top-rated brokers back this bot to facilitate the trading process.

Does e-Krona Cryptocurrency tradable on mobile?

You can trade the e-Krona Cryptocurrency on your Android or iOS smartphone device. The web trader is well customized for mobile usage.

Do I need crypto trading skills to invest in e-Krona Cryptocurrency?

No! You don’t need any trading background to invest in this Cryptocurrency. Buy the crypto as instructed and watch the prices climb.

Does the Swedish government back e-Krona Cryptocurrency?

Yes! We have confirmed that the e-Krona cryptocurrency project was launched by the central bank of Sweden (Riksbank).

Do I pay any fees to trade e-Krona Cryptocurrency?

Yes! A small commission on top of a spread is charged on all profitable trades. The fees are charged by the broker facilitating the trade.

How much should I invest in e-Krona Cryptocurrency?

The minimum amount you can invest in the e-Krona crypto through the assigned brokers is USD250.

How much can I make trading the e-Krona Cryptocurrency?

A deposit of €250 can buy over a thousand e-Krona Cryptocurrencies. The value of one e-Krona is expected to climb from €0.2 to over a thousand in the coming months.