How to buy Enjin Coin in 4 easy steps
Enjin Coin is a cryptocurrency launched by a company named Enjin. The company offers an ecosystem for interconnected gaming products based on the Ethereum blockchain technology. Enjin allows users to tokenize any in-game products using Enjin Coin, an ERC-20 token. Witek Radomski and Maxim Blagov developed Enjin Network in 2009 as a stage for community gaming. Enjin tokens run on the Proof-of-Work (PoW) network and cannot be staked. It further means a miner can construct an ENJ token only through mining. Mining an ENJ is like mining Bitcoin using an ASIC or GPU unit. Currently, there is a supply of more than 834 million ENJ tokens across the globe.
So if you want to buy Enjin Coin, please read this article on how to buy Enjin Coin very carefully.
Our step-by-step guide on how to buy Enjin Coin (ENJ)
Step 1: Choose A Crypto Exchange Platform
You can opt for any crypto exchange platform supporting Enjin Coin. Some popular options include Binance, Kraken, Huobi, Kucoin, and more. It depends on your choice and which source you find convenient. To buy Enjin Coin, you must first register your crypto exchange account.
Step 2: Register on any of the platforms.
After selecting a CEX platform, you must create an account. It will ask you for a few details, such as your email address, name, and more; you must enter each carefully. After the KYC verification, your account will be ready to use. Then you can choose any payment method that the source supports and that is convenient for you.
Step 3: Buy the ENJ Token Using Your Feasible Payment Method
Your token order will only be confirmed as soon as you pay. You must check the type of payment that the crypto exchange platforms allow. If a crypto exchange allows direct purchases, you can use a credit/debit card, bank transfer, or wire transaction to buy Enjin Coin. It makes the payment much easier and more accessible to all.
Step 4: Store the Cryptocurrency in a Wallet
The crypto you purchase will need a secure place for storage. There are several options available as viable wallets for Enjin Coin. Some of the options include the following:
- Enjin Wallet
- Metamask
- Ledger
- Atomic Wallet
- Ambire Wallet
- Bitkeep
- BitPay
Also read: Enjin Coin Price Prediction
Popular Video Guides on Buying Enjin Coin (ENJ)
Where to buy Enjin Coin (ENG)
Also read: Enjin Coin Prices Live
1. Kraken
It is a product of Payward Inc., whose founder was Jesse Powell. 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. It also allows the trading of almost a hundred cryptocurrencies.
Factsheet
| Header 1 | Header 1 | |
|---|---|---|
| Operational Since | 2017 | |
| Deposit Methods | Bank Deposit, Cash Balance, Credit/Debit Card, P2P Trading | |
| Deposit Fees | None | |
| Cryptos Listed | 350+ | |
| Trading Fees | .10% | |
| Fiat Currencies Supported | USD, AUD, EUR, HKD, KZT, NOK, PEN, RUB, TRY, UAH, UGX. | |
| Trustworthiness | Safe and reliable |
2. CoinBase Exchange
Brian Armstrong and Fred Ehrsam founded the Coinbase Exchange. 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. It also offers Coinbase Pro for advanced traders. It currently has a market cap value of $1,137,672,192,870. It ranks second on CoinMarketCap.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2012 |
| Deposit Methods | Credit/Debit Card, Bank Wire, Crypto, and Tether |
| Deposit Fees | 0.1% (Min 60 Euro/USD) for wire transfer and 0 for cryptocurrency |
| Cryptos Listed | 170+ |
| Trading Fees | 0.1% for the maker and 0.2% for the taker |
| Fiat Currencies Supported | USD, EUR, JPY, TRY, GBP |
| Trustworthiness | Safe and reliable |
3. Bitfinex
The founders of Bitfinex are Raphael Nicolle and Giancarlo Devasini. It is one of the first crypto exchange platforms to exist. It's a product of the same company that owns Tether, iFinex Inc. It is a specific platform for all professional traders. It is also known as the most liquid for major cryptos like BTC, ETH, and XMR. It offers various services besides spot trading, such as Bitfinex Pay, Bitfinex Borrow, etc.
Factsheet
| Header 1 | Header 1 | |
|---|---|---|
| Operational Since | 2013 | |
| Deposit Methods | Crypto Deposits. Gate Card, Bank Transfer, Credit/Debit Card | |
| Deposit Fees | Free | |
| Cryptos Listed | 1400+ | |
| Trading Fees | Varies With VIP Level (From VIP 0 to VIP 16) | |
| Fiat Currencies Supported | None | |
| Trustworthiness | Safe and reliable |
Frequently Asked Questions
Where can you buy Enjin Coin with a credit or debit card?
You can buy Enjin Coin directly; for that, you can order from any crypto exchange platform that supports it. It also means paying with a credit or debit card from any source. You can choose Binance, Kraken, Huobi, Kucoin, etc. After you complete the account setup, you can make payments through the feasible mode.
What will you need to buy Enjin Coin?
To buy Enjin Coin, you will need all of the following things:
- You must first select a crypto exchange platform that supports the Enjon Coin.
- You must then go for KYC verification and set up your account on the platform.
- You must have enough funds for the purchase on your payment method, such as debit/credit card.
- You will need a wallet for safe storage of Enjin Coin. You can choose Metamask, ledger, etc.
What is the easiest way to buy Enjin Coin?
Undoubtedly, crypto exchange platforms are the easiest way to buy Enjin Coin. All you have to do is set up an account after verifying your details with the source. Then you have to select the most feasible mode of payment to confirm the purchase. The best platforms available are as follows:
- Binance
- Kucoin
- Kraken
- Huobi
Best wallets to store your Enjin Coin(ENG)
Numerous wallets extend their support to the Enjin Coin tokens. All of them are viable and safe options for crypto storage. Some of the best ones are as follows:
- Metamask
- Ledger
- Atomic Wallet
- Ambire Wallet
- Enjin Wallet
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