How to Buy Enjin Coin

Enjin Coin (ENJ) cryptocurrency ranks at 171 place by capitalization. It’s 14 July 2024 on $280,156,709 year. Circulating supply: 1,652,013,040. Maximum supply – N/A. The price of ENJ for today – $0.17029 with trading volume of $13,730,420 for 24 hours. The maximum price of Enjin Coin was registered on 25 November 2021 year and was – $4.820. The lowest price of ENJ, $0.018660, was registered on 12 November 2017.
Enjin Coin (ENJ)
$0.17029 +2.75% ↑
24h price change
$0.0046680
Capitalization
$280,156,709
24h trading volume
$13,730,420
on the official website

How to Buy Enjin Coin Price in USD: Convert to US Dollar

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on the official website
Data updated 7/13/2024

    Enjin Coin is a cryptocurrency created by Enjin in 2017. The coin is used for NFT transactions: players can trade items of game universes with its help.

    In this article, we will tell you about the Enjin (ENJ) coin and how and where to buy it.

    What is Enjin Coin

    Enjin is an ecosystem that allows you to create and run NFT games on the blockchain. The platform and its tools are completely free with one condition: ENJ tokens are required to mint NFTs.

    How to buy Enjin Coin ENJ
    Enjin main page

    To create virtual items, developers must lock ENJ in a smart contract, what gives a value to the item. When a player purchases these items, they can use them in games, trade them, or sell them for ENJ according to their original cost. When selling, the item is destroyed, and the ENJ locked in the smart contract transferred to the seller.

    Enjin team has created a robust ecosystem and community of games, game studios and gamers connected to each other through Enjin Coin (ENJ).

    Enjin Coin is an native token of the ecosystem that use ERC-20 standard and is powered by Ethereum. The goal of the project is to make ENJ a coin used by the entire online gaming community and to make transfer of virtual assets between platforms easier.

    Total ENJ supply is limited to 1 billion ENJ.

    Where to buy Enjin Coin

    Enjin can be bought on many trading platforms. The list of available platforms is presented on sites like CoinMarketCap and СoinGecko. In addition to exchanges, you can buy a coin through payment services, banks (for example, Revolut), etc. The most profitable way to do it is cryptocurrency exchanges.

    Advantages of buying cryptocurrency on the exchange:

    • Best course;
    • High liquidity;
    • Security and reliability;
    • Many payment services (including buying by fiat).

    Instructions for buying Enjin Coin

    A brief guide to buying Enjin Coin for beginners consists of the following steps.

    Decide on the level of risk

    Investments in any cryptocurrencies are associated with risk due to the high market volatility and the complexity of its forecasting. Therefore, before buying digital assets, you should determine the level of risk possible for you. We also advise you to adhere to the recommendation not to buy cryptocurrency with the last money and funds that you cannot afford to lose.

    Choose a crypto exchange

    There are many exchanges for trading cryptocurrencies. Each of them offers its own working conditions (verification requirements, number of trading pairs, deposit methods, commissions and limits, security features, etc.). In addition to these parameters, you should also study user reviews about the selected trading platform on forums and specialized sites.

    The best exchanges for buying ENJ are presented in the table:

    Exchange
    Website
    BTC trading volume, 24h
    1Binance
    Binance
    BTC trading volume, 24h
    21.75
    2WhiteBIT
    WhiteBIT
    BTC trading volume, 24h
    14.38
    3OKX
    OKX
    BTC trading volume, 24h
    3.425
    4HTX
    HTX
    BTC trading volume, 24h
    3.127
    5Bybit
    Bybit
    BTC trading volume, 24h
    1.077

    Register the account

    You can trade on the exchange immediately after registration. Consider creating a new account on the example of OKX exchange (but you can choose another one where the coin is traded). To do this, follow these steps:

    1. Open official OKX website and click Sign Up in the upper right corner;
    2. Enter e-mail, password, referral code (if any) and click Sign Up at the bottom of the form;
      OKX registration
      Registration on OKX
    3. Enter the code you got on emailNext;
      Code entry form
      Code entry form
    4. After registration is completed, the system will automatically redirect you to your personal account.
      OKX registration confirmation
      OKX registration confirmation

    On OKX you can trade without verification, but passing it gives you higher withdrawal limits (500 BTC) and more trading opportunities.

    You can find detailed instructions in OKX exchange review.

    Top up your account

    Deposit replenishment methods depend on the conditions of a particular exchange. You also need to consider in which pairs the desired cryptocurrency is traded. On the OKX exchange, the ENJ cryptocurrency is available in a pairs with BTC and USDT. For example, let’s replenish the account in USDT:

    1. Login to your personal account → Assets → Deposit;
    2. Select USDT → network → Continue;
      Deposit top up
      Replenishment of the deposit
    3. Select general or trading account, then wallet address and QR code;
    4. Copy USDT wallet address or scan the QR code;
      Address and QR- code
      Address and QR-code
    5. Open the wallet from which the deposit will be topped up → select USDTSend;
    6. Check if USDT is in your exchange account.

    Buy Enjin Coin (ENJ)

    To buy ENJ in the spot market on OKX, do the following:

    1. Open personal account;
    2. Select Trade → Basic Trading;
      Basic Trading
      Basic trading
    3. Enter ENJ in the search bar and select trading pair, for example, ENJ/USDT;
      ENJ/USDT trading pair
      ENJ/USDT trading pair
    4. Select order type, e.g. Market;
    5. Specify the number of coins that you’re planning to buy;
    6. Press Buy ENJ.
      Order to buy ENJ on OKX
      Order to buy ENJ on OKX

    How to sell Enjin Coin

    When selling ENJ, the process is not particularly different. Just specify number of coins for sale in the right side of the screen, and click Sell ENJ.

    Selling ENJ on OKX
    Selling ENJ on OKX

    Where to store ENJ

    To store the Enjin coin you need to find an Ethereum wallet compatible with ERC-20 tokens. If you already have a wallet, you should check if it supports this standard.

    For short-term storage and frequent transactions with cryptocurrency, it is better to use mobile or desktop wallet. These wallets are classified as “hot”, as they are always connected to the Internet. Therefore, when using them, you should always remember about security: set up two-factor authentication, create a strong password, and so on. Among mobile wallets with Enjin support we highlight:

    In addition to the listed applications, you can use the official mobile wallet Enjin Wallet. It is optimized to work with both NFT and cryptocurrency assets. If you are interested in NFT games on the Enjin Marketplace, then you should better choose this wallet.
    Enjin Wallet homepage
    Enjin Wallet homepage

    For long-term storage it is better to use a cold hardware wallet, eg. Ledger. These vaults are the most secure because they are not connected to the internet and the private keys never leave the device.

    Read also: Best crypto wallets.

    How to withdraw Enjin Coin to my wallet?

    ENJ can be withdrawn to any crypto wallet that supports the coin. For example, let’s show how to withdraw ENJ from OKX to Exodus. For this:

    1. Log into your personal OKX account;
    2. Open Assets → Withdraws;
      ENJ output start
      Start of ENJ output
    3. Select ENJ → Network → Continue;
      Select coin and network
      Coin and network selection
    4. Open Exodus wallet, select ENJReceive;
      ENJ in Exodus
      ENJ in Exodus
    5. Copy ENJ wallet address;
      ENJ wallet address
      ENJ wallet address
    6. Insert the received ENJ wallet address into the corresponding field on the exchange, specify the number of coins to withdraw → Continue;
      End OKX output
      End of withdraw on OKX
    7. Enter password to access funds and SMS code (if 2FA is enabled) → Confirm;
    8. Check the receipt of funds to the Exodus wallet.

    FAQ

    What is Enjin Coin?
    Enjin Coin is a cryptocurrency based on the Ethereum blockchain. It is owned by Enjin Network, a social gaming platform with 20+ million users. The Enjin Network tools allow game developers to tokenize digital game items, and users to purchase and store them on the Enjin platform and use them in games. Companies looking to build blockchain-based products can do so with the Enjin product suite.
    How to buy Enjin Coin?
    The most profitable way to buy Enjin Coin is on a crypto exchange. For this:

    1. Select the exchange;
    2. Pass registration and verification (if necessary);
    3. Put the desired amount of money to your account;
    4. Open trading terminal;
    5. Specify currency pair, for example, ENJ/USDT;
    6. Set order type, e.g. Market;
    7. Enter the number of coins you are going to buy;
    8. Press Buy ENJ;
    9. Check the receipt of cryptocurrency on the account.

    Where to buy Enjin Coin?
    The most profitable way to buy Enjin Coin is on a crypto exchange. The advantages of this method: the most favorable exchange rate, high liquidity, a large selection of payment methods, etc. The most popular exchanges for trading Enjin Coin: Binance, OKX, Bybit.
    When is the best time to buy Enjin Coin?
    To determine the best time to buy ENJ, always make your own research. Your decision should be based on technical and fundamental analysis, risk understanding, experience in the crypto market and so on. Never invest more than you can afford to lose, and remember that results in the past do not guarantee future returns.
    Should I buy Enjin Coin now?
    When deciding to buy a coin, one should understand factors that may affect the growth or fall of the coin. Among the positive aspects that affect the possibilities of cryptocurrency is the growth of the gaming industry (in particular, the metaverses). At the same time, it should be taken into account that ENJ is subject to high volatility and the coin rate can either rise sharply or fall. In any case, it is better to invest in cryptocurrencies after you have decided on the level of risk and conducted your own research on the project.
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    Agatha Redich
    Agatha Redich
    Articles author, editor
    Articles author and website editor. Works with texts for over 12 years. Among Agatha’s clients: Rossman, Zara, Bosch, ING Bank, Lexus and others. Crypto journalist since 2018. She wrote more than a hundred articles about cryptocurrencies and the crypto market. Agatha's professional credo is to reveal complex topics in an accessible and simple way.
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    Emil Rabin
    Emil Rabin
    Site expert
    Cryptocurrency expert and financial analyst. Emil has working experience in Bain and KPMG, collaborated with PayPal and Revolut, organized more than 30 educational events about blockchain and cryptocurrencies in Eastern Europe. An expert of the TGDRatings.com portal since 2022.
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