However, if you’re a beginner at this, you may need a more comprehensive guide to grasp the details. You may be fascinated by Enjin and its commitment to creating an ecosystem of integrated blockchain gaming products. If you already know this, there’s a good chance you understand the Enjin protocol and its use cases already. So, after you buy Enjin or any other cryptocurrency, the smart thing is to store your valuable crypto holdings in a cryptocurrency wallet safely. Enter the amount of USDT you’d like to swap and execute the trade for ENJ.

1. As a result, the Enjin network has potential in the future, if it can continue innovating and find a foothold on the market.
2. This network is also the platform that launched the Raiden Network testing, an Ethereum-based version of the Lightning Network.
3. These ATMs are now common across different places – such as shopping malls.
4. When you have an investment plan, you can conveniently decide whether the prospects and trajectory of a token fit into it.
5. With millions of users and a robust ecosystem of content creators, Enjin is set up to do well in this cryptocurrency bull market.
6. Enter the price in bitcoin (BTC) and the quantity of ENJ you wish to purchase, and then click the buy ENJ button to receive your tokens.

Buying ENJ on Other Cryptocurrency Exchanges

Therefore, if you speculate that the token will increase, you can place a buy order to purchase some. You simply have to choose your desired method and input the amount you wish to deposit. Using a debit/credit card or an e-wallet like Paypal is a fast way to get this done. This is because if you’re incurring high charges on each purchase, this will impact your ability to make a profit. You can choose eToro for this reason because the broker allows you to buy your Enjin coins in a cost-effective manner and at a minimum stake of $25. This is a popular strategy, and it favours you if you’re just getting started with buying and selling cryptocurrencies.

TRADING BOTS

Once your account is verified, you are set to buy ENJ and start trading on Coinbase. The Enjin platform is the ultimate all-in-one tokenization platform based on the user-first approach. Every token minted on the Enjin platform is backed by the Enjin token, giving it real-life liquidity. Witek Radomski is one of the first people to write the code for the first NFT (Non-Fungible Tokens). It makes the Enjin coin one of the tokens with the most real-world use cases and strong fundamentals behind it.

Where to buy ENJ Coin?

Also, the platform released its Efinity Blockchain this month, making NFT transactions much cheaper. Downloadable content within the gaming industry is a multibillion-dollar market. 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.

One such use case is in video games, and many companies are considering using NFTs for virtual economies. This makes market orders the perfect choice for cryptocurrency newbies when buying Enjin – because you don’t have to think of a specific entry price. So, when you use a market order, your broker will execute it for you at the next best price.

The “Price” field will be automatically filled with the most recent price Enjin (ENJ) was sold for although this can be changed to your desired price. The “Total” field is the total price in BTC that you will pay for the whole amount.

This includes using your debit/credit card or numerous e-wallet options such as Apple Pay and Paypal. Furthermore, if you also want to use wire transfer, there’s an option for that. Essentially, with the right broker, you have all these payment options to use. With this explanation of ours, we hope you now have a better understanding of regulated and unregulated exchanges.

Therefore, if you’re uncertain about your expertise in that regard, you may want to consider a long-term plan. This essentially means you’d buy Enjin coins and hold them until they increase in value. When they do, you can then sell them off at a favourable profit.

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This token standard is used on Enjin’s network to give game developers the ability to tokenize both fungible and nonfungible in-game assets. Enjin provides an ecosystem of interconnected blockchain-based should you cover your smartphone camera gaming products. It offers a social media gaming platform through which gamers can create websites, clans, and much more. There are numerous e-wallets in the marketplace you can use to buy Enjin.

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. Enjin is one of the few companies in the blockchain industry that was founded before the prominence of cryptocurrencies.

All you have to do is input the amount of Enjin you wish to buy. As such, you will need to decide how much you want to stake per trade. It’s important to consider this in line with your trading plans. However, if you’re new to cryptocurrency, we have provided a detailed explanation of the main order types you can use when buying Enjin. Once you have submitted the necessary details, your account will become verified and ready for use.