Enjin Coin is a cryptocurrency based on Ethereum technology that allows brands, businesses, and individuals to conveniently utilize NFTs or non-fungible tokens. It is used in the Enjin ecosystem for gaming and apps as well as for any ENJ-supported digital asset including video game items and digital vouchers.
MoreSince it operates on the Ethereum blockchain, Enjin Coin does not only allow transactions but also makes use of smart contracts. Likewise, it has its own scaling solution called Efinity, which came into fruition after Enjin test-used Ethereum’s Lightning Network version, Raiden Network.
MoreIt's easy to buy Enjin Coin (ENJ) using a crypto exchange like Coinmerce. You just indicate how many Enjin Coin (ENJ) you want to buy, whereafter Coinmerce will perform the transaction.
MoreYou want to buy Enjin Coin? You can buy Enjin Coin using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Enjin Coin, use the search function to search for Enjin Coin and click on the name. You can indicate for how many euros you want to buy Enjin Coin in the right window. Below is shown how much Enjin Coin you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Enjin Coin when the price of Enjin Coin reaches your entered value. You can also execute a repeating order. Do you want to buy Enjin Coin with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Enjin Coin.
Enjin’s beginnings go back to 2009 when it was yet known as a community gaming platform. This for-profit company was established by Witek Radomski and Maxim Blagov. Its ICO was held in 2017, where the network raised $18.9 million. In 2018, Enjin went live. One of the things that make Enjin different from other cryptocurrencies is the real-world liquidity it offers to users when they use their Enjin tokens to purchase in-game items. It shows the many possibilities and benefits of gamified real-world platforms that are powered and backed by blockchain technology and cryptocurrency. In other words, it highlights blockchain games. On February 08, 2021, ENJ tokens recorded its all-time high value, which was pegged at $0.72. The increasing popularity of crypto sectors and Enjin’s aggressive network expansion were credited as the reasons for the price growth. Enjin is supported by and partners with several globally popular brands such as Atari, Microsoft, BMW, and Samsung.