If you’re ready to get started, read on for step-by-step instructions and a list of platforms you can buy Enjin Coin. This exchange is best for investors residing in Australia, Singapore, UK & internationally. Please note, the deposit occurs when the money is received by Uphold. Use Enjin Coin to create next-gen blockchain assets on Ethereum and JumpNet. Owners can melt their NFTs back into ENJ anytime, increasing confidence in the assets and projects that offer them. Enjin Coin (ENJ) is an Ethereum-based cryptocurrency used to back the value of next-gen fungibles and NFTs.
This ensures that in the very unlikely event there were some financial issues at the broker, your funds would be fully protected. EToro also furthers this protection by providing negative balance protection as standard. This stops you from ever losing more money than you deposit in your trading account. This is a leading cryptocurrency exchange that has been operating since 2007 and is exclusively recommended for USA residents. They offer an unbeatable trading experience and have become popular for crypto trading.
Gamers spend money on in-game items, currencies and customizable content to enhance their gaming experience. Most games don’t have marketplaces to buy and sell this content on the secondary market, however, making rare in-game items extremely illiquid. Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market. ENJ and EFI to work in unison, each serving a core purpose within the Enjin ecosystem.
We list the top 8 exchanges that offer the ability to buy Enjin Coin (ENJ) cryptocurrency with a credit card, debit card, or Bitcoin (BTC). We may receive compensation when you click on links to products we review. Uphold, the Home for Altcoins, is a global, multi-asset digital trading platform offering low fees, high security, and maximum transparency. Enjin has combined nonfungible tokens (NFTs) with the gaming industry. Game developers can use Enjin’s platform to create video game items as NFTs, creating a new way for game designers to make a profit.
- Huobi Global is one of the top exchanges that currently offers Enjin Coin (ENJ) trading opportunities.
- Buying cryptocurrencies can seem daunting at first, especially for those who are new to the world of digital assets.
- You should be aware that you may lose a significant portion of your portfolio.
- Note that digital assets such as cryptocurrencies present unique risks for investors.
The Ledger Nano S supports over 1,000 different cryptocurrencies, so it’s likely the only cryptocurrency wallet you’ll ever need to buy. The team at Enjin has been busy developing its platform to gain new users. The company has secured major partnerships with game developers like Atari and Microsoft.
Current Crypto Prices
Notably, Gate.io maintains a strong stance against any type of market manipulation. KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading. It now offers a varied range of services including a P2P exchange capability, and purchasing with credit or debit cards.
It is based in the US, and users can sell or trade at comparatively low commissions. Through the process of coin staking, users can also earn rewards. It has a good level of euro volume and also facilitates liquidity.
Best Software Wallet: Coinbase Wallet
It also means paying with a credit or debit card from any source. After you complete the account setup, you can make payments through the feasible mode. It is a trading and investment platform that allows the easy sale, purchase, and storage of crypto. It is an excellent choice for beginners and facilitates PayPal, digital wallets, etc. Established in 2013, Gate.io has grown in to a reputable trading platform. The exchange boasts a large number of altcoins including Enjin Coin (ENJ), and is often the first exchange to add new tokens.
The ICO raised $23 million in just 1 day, issuing its tokens at a rate of 6,000 Enjin tokens per Ethereum token. In terms of U.S. dollars, Enjin tokens began trading hands at about $0.02. The cryptocurrency is currently trading just over $2, outperforming Bitcoin’s returns by over 400%. Coinbase added support for the coin earlier this month, and the price shot up to $4 when the token was listed on the exchange. Because Enjin is the leader in the blockchain gaming space, long-term investors take advantage of these dips to continue accumulating Enjin tokens. It will ask you for a few details, such as your email address, name, and more; you must enter each carefully.
How to buy ENJ with an EU bank account
This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio. In addition to making direct purchases of ENJ, you can also consider setting up limit orders to target your ideal price. Here are the different payment methods you can choose to buy ENJ on Uphold. Because ENJ is a limited, valuable resource, backing NFTs with it is the only way to regulate asset creation.
The supply of Enjin tokens is deflationary, meaning that the total supply of tokens will become more scarce with time. This being said, most altcoins are highly correlated with Bitcoin. If Bitcoin isn’t able to sustain its growth, it’s unlikely that other cryptocurrencies will continue to rise. When you want to sell your Enjin tokens, you’ll need to transfer your funds from your Ethereum wallet to your cryptocurrency exchange. You can sell your Enjin tokens for either Bitcoin or Tether (USDT) on Binance, giving you the option to keep your funds invested in cryptocurrency if you so desire.
Some popular options include Binance, Kraken, Huobi, Kucoin, and more. To buy Enjin Coin, you must first register your crypto exchange account. The bottom line is that what constitutes the best exchange hinges on your particular set of needs. With that in mind, let’s look at some of the best crypto exchanges in the market. With this information, you’ll be armed with the knowledge and confidence required to start investing in .
How to buy Enjin Coin (ENJ)
Finder.com compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. The founders of Bitfinex are Raphael Nicolle and Giancarlo Devasini. It is also known as the most liquid for major cryptos like BTC, ETH, and XMR.
Coinbase Wallet is a mobile app made by Coinbase that lets you take control of your cryptocurrency. The wallet is an all-in-one place to store your crypto assets and NFTs. You can even trade crypto directly from Coinbase Wallet, as it’s integrated with decentralized exchanges on Ethereum. You can opt for any crypto exchange platform supporting Enjin Coin.
Best Enjin Coin wallets to store your ENJ
For example, a game could have a fungible asset (like rubies, gems, elixir) and nonfungible assets (weapons, buildings, skins) within the same smart contract. Enjin Co-Founder Witek Radomski helped code the ERC-1155 Ethereum token standard. This token standard is used on Enjin’s network to give game developers the ability to tokenize both fungible and nonfungible in-game assets. Enjoy our special welcome offer and get up to $600 in trading free credit on Binance crypto exchange. The easiest way to buy ENJ is by placing an ‘instant buy’ order to purchase it for a fixed price but not all crypto exchanges offer this feature.