A Step-by-Step-Guide on how to buy Enjin Coin (ENJ)
Step 1 – Join Kraken You'll first need to purchase one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and receive Ethereum or Bitcoin.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Enjin Coin (ENJ) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate Enjin Coin (ENJ) As soon as your deposit has been approved, you will immediately have access to your finances and you can initiate purchasing and trading. To invest in Enjin Coin (ENJ) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To find Enjin Coin (ENJ), you will need to insert the short name of the asset (ENJ) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper grouping, we have highlighted this too. Click on “ENJ/BTC” to continue.
Step 4 – Buy Enjin Coin (ENJ) As soon as you've discovered Enjin Coin (ENJ), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we're going to create our own Limit Order. The ”Price” field will be filled automatically with the latest rate Enjin Coin (ENJ) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of ENJ you wish to purchase. The ”Total” field is the whole price in BTC that you'll settle for the complete quantity of ENJ. If you are happy, make a mouse click on “Buy ENJ”. Your order will be filled when a Vendor sells their ENJ for the price you submitted.
Step 5 – Withdraw Enjin Coin (ENJ) Unless you are regularly trading, never keep your crypto on an Crypto Exchange for an extensive time frame. To withdraw your Enjin Coin (ENJ), hover over the tab called “Funds” and click on “Withdraw”. Enjin Coin (ENJ) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Enjin Coin (ENJ) by using the provided drop-down box. Drop in the volumen of Enjin Coin (ENJ) you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you are glad, click “Submit”. You may be asked for phone/email verification before a take off.