Enjin (ENJ) - All you need to know

Learn about the Enjin cryptocurrency and find links to all the guides you need to buy your first coins. This page is your base camp to find out all about Enjin and how it works.
Updated: Jan 26, 2022

Ways to invest in Enjin

You can sign up with a cryptocurrency broker or a cryptocurrency exchange to get started. Before you do so, make sure you research the platform because Enjin coin isn’t universally supported.

You can use a crypto app, an investment trust, or other methods, though the most popular way to gain exposure to the price of Enjin coin is by using contracts for difference (CFDs). The links below take you to individual pages which show you how to navigate the process of getting your own coins.

Get started guides

What is Enjin?

Enjin is a platform for transforming virtual gaming goods into digital assets that can be traded. You can turn anything in your gaming inventory into an asset-backed by the Enjin cryptocurrency (ENJ) and sell it. Each asset and a history of its ownership is stored on the blockchain so it can always be verified.

Formed in 2017, Enjin is like a hybrid of a virtual stock exchange and gaming development software. Developers can build games full of assets on Enjin, so a game can have its own cryptocurrency or rewards scheme backed by ENJ, or it can be somewhere for a player to sell off rare items and make money from the hours they put in.

How does Enjin work?

Enjin works by binding a virtual item together with some of its cryptocurrency to create a digital token. This information is stored in a contract that is added to its blockchain, where it stands as verifiable proof that the asset exists and tells you who owns it. Whenever it’s bought or sold, a new transaction is added to the blockchain.

One of the defining features of the Enjin platform is that when you get your hands on an in-game item, you own it. The gaming company doesn’t own it and you don’t just own it in the game, you own a tangible asset that you can decide what to do with.

How to invest in Enjin

There are many different ways to invest, and your usage of them should vary depending on your own financial goals and the intended timeframe of your investment. Here are some of the most popular methods you can use:

Where can I buy Enjin coin now?

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Charlie Hancox
Financial Writer
Alongside his passion for trading, Charlie has represented Great Britain and won national championships as a water polo player, and as a budding film director, has… read more.