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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.
What is Enjin?
Enjin is a cryptocurrency generated by the Ethereum blockchain. The coin’s creators designed Enjin as a currency that can be used to manage, distribute, earn, and exchange virtual goods on the blockchain. Enjin traded at around 33 cents as of January 2021.
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:
- Trading coins with a broker. It is easy and convenient to get crypto coins through an online broker. Choose a platform that is reliable and has low trading fees; our reviews can help you make a decision.
- Buying coins on an exchange. A cryptocurrency exchange is perhaps the most popular way to get coins. It is a simple and accessible way to start buying Enjin now, and most exchanges allow you to use fiat money like GBP or USD, or even another crypto, such as Bitcoin.
- Cryptocurrency trusts. These are closed-end investments that are UK-based, and they allow you to hold numerous different assets. As cryptocurrencies become an increasingly common component of investment portfolios, Enjin could be added to more. Keep your eyes peeled for a trust that includes Enjin Coin.
- Debit cards. You can use crypto to make purchases online or in-person using a crypto debit or credit card, and this technology is gradually becoming cheaper and more efficient.
- Cryptocurrency apps. Buying and trading Enjin coin is made easy by cryptocurrency apps. Given the multitude available, it is highly likely you can find an app that satisfies your needs, regardless of if you are inexperienced or a crypto virtuoso.
- Crypto wallets. These allow you to store your Enjin Coin safely and securely, and they can be online or in a physical hard disk format.