Where & How to Buy Enjin Coin (ENJ) for Beginners in 2025

Use our step-by-step guide to learn how and where to buy Enjin Coin on 5+ highly rated crypto platforms.
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Updated on Oct 10, 2024
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Enjin Coin coins are available buy via a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy Enjin Coin this way. Follow our quick step guide below.

How to buy Enjin Coin quickly in 3 steps

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To buy Enjin Coin you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and you should have some photo ID to hand. Here’s how to do it.

Step 1. Sign up to a crypto platform

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Sign up to one of the best crypto platforms to start trading. Alternatively, there are several other options to select from below. Anyway, create an account and supply a copy of your photo ID for verification.

We found 9 crypto platforms for users based in

eToro review
4.6
eToro
Min. Deposit $100
Fees 1%
No. assets 50+
Demo account Yes

eToro review

51% of retail CFD accounts lose money. Your capital is at risk.

Coinbase review
4.2
Coinbase
Min. Deposit $10
Fees Up to 0.6%
No. assets 150+
Demo account No

Coinbase review

Bitvavo review
3.2
Bitvavo
Min. Deposit n/a
Fees
No. assets n/a
Demo account No

Bitvavo review

Step 2. Make a deposit

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Add funds via a card payment, bank transfer or an alternative payment method. You can start with as little as $100 on most services.

Step 3. Buy Enjin Coin token

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Locate the search box and type ENJ. Once you locate the coin trading page, enter how much money you want to spend and hit ‘trade now’.

Now you own Enjin Coin tokens! Not a big deal, right?

Where to buy ENJ easily

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The overall best platform to buy Enjin Coin for beginners is eToro .

Here are the top five places to buy Enjin Coin, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.

  1. eToro: Best for beginners, copy-trading & demo-account
  2. Coinbase: Best secure trading platform for all types of trader
  3. OKX: Best for futures and margin trading

Read more about how we rate, rank and review platforms.

Best exchanges to buy Enjin Coin (ENJ), reviewed

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We found 9 crypto platforms for users based in

1. eToro. Best for beginners, copy-trading & demo-account

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4.5
Ratings

$100

Min. deposit

0% commission

Fees

50

No. assets

Yes

Demo account

Overview

We love eToro because it’s a crypto trading platform built with beginners and casual traders in mind. The platform combines an interactive, social trading experience with an easy-to-use interface, making it ideal for novice traders.

The far-reaching catalog of 100 cryptocurrencies includes big names like Bitcoin and Ethereum, as well as smaller crypto tokens with high growth potential. Some supported tokens can be seamlessly transferred to the eToro Money crypto wallet for safekeeping.

One feature we particularly appreciate is the ability to interact with eToro’s 35 million users on any asset, market, or portfolio page. If you find traders whose strategies match your risk tolerance, you can copy their portfolios automatically using eToro’s flagship copy trading functionality. eToro crypto’s Smart Portfolios offer a great entry point into digital currencies, an opportunity to learn and potentially benefit from the expertise of more experienced traders.

If you don’t feel comfortable investing your cash straight away, you can use a free demo account, credited with $100,000 virtual dollars. This offers plenty of opportunities to try out a trading strategy that works for you across the 100 crypto tokens available.

Highlights

Fees & Costs

Pros & Cons

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

2. Coinbase. Best secure trading platform for all types of trader

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4
Ratings

$10

Min. deposit

Up to 0.6%

Fees

200

No. assets

No

Demo account

Overview

We love Coinbase because it’s the leading public crypto platform. Coinbase offers more than 170 cryptocurrencies to trade, a secure wallet to store your coins in, and automatic staking rewards on 10+ cryptos through Coinbase Earn.

Coinbase’s user-friendly platform simplifies the buying, selling, and trading processes, making it one of the top crypto exchanges for all levels of trader. But, Coinbase isn’t just an easy to use platform, it’s one of the safest and most secure. 

A public company brings transparency and renown, so you can trust that any money on Coinbase is safe and you’re sharing the platform with over 100 million other users. It stores 98% of customer assets offline in cold storage, minimizing the risk of theft. There is also insurance on all cash balances up to $250,000

The fees: Trading fees start from 0.6% but reduce the higher your trading volume. Bank transfer deposits and withdrawals are free, other payment methods may be charged. There is no fee for wallet-to-wallet crypto transactions but you will have to pay blockchain fees. Coinbase charges a 25% fee for its staking services.

Highlights

Fees & Costs

Pros & Cons

3. OKX. Best for futures and margin trading

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4
Ratings

$-

Min. deposit

Fees

No. assets

No

Demo account

Overview

We love OKX because it’s an adaptable and flexible exchange, with an app that’s available in three different versions depending on how you trade. Choose from the beginner-friendly Lite version, Web3 option for NFT traders, or the Pro version for a plethora of trading tools. 

From an app or desktop you can trade 350+ crypto coins on one of the world’s top crypto exchanges. You can fund your account easily, through a variety of simple payment methods, and a sliding scale of fees that means you can access discounts by holding the OKB token or trading high volumes.

The fees: Regular users pay a 0.1% fee on spot crypto trades. OKB crypto holders are entitled to a discount, up to 0.02% off for holding more than 2,000 coins. High volume traders are also entitled to a discount, with the cheapest fees available for traders with a 30 day trading volume above $10,000,000,000.

Highlights

Pros & Cons

How to trade ENJ

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You can trade Enjin Coin on a cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how ENJ crypto trading works:

  1. Monitor the price: For simplicity, let’s say the price of ENJ/USDT is $1. You read the price charts and decide that now is a good time to start purchasing ENJ.
  2. Open a trade: You trade one USDT for one ENJ ($1 USD for 1 ENJ).
  3. Continue to monitor the price: The following month, one ENJ token is now worth $2, a 100% increase.
  4. Close your trade: You trade your ENJ token back to USDT for $2.

In this example, you buy and sell Enjin Coin, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend countless hours learning to trade, reading charts, technical patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.

What is the best way to pay for Enjin Coin (ENJ)?

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The simplest way to buy Enjin Coin cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for ENJ.

  • Buy Enjin Coin with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
  • Buy Enjin Coin with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a $1 fee, and these transactions are more or less instant as they run through the Automated Clearing House (ACH) in the US, Faster Payments System (FPS) in the UK, or Single Euro Payments Area (SEPA) in Europe.
  • Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.

How do I store Enjin Coin (ENJ)?

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Most people keep their crypto on the exchange they used to buy it. If you only plan to hold onto it for a little while then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of Enjin Coin then you should move it to a crypto wallet.

A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Two of the best Enjin Coin wallets to use are MetaMask and the Ledger Nano S.

Is now a good time to buy Enjin Coin?

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The answer depends on the current price and your own investment goals. Put simply, buying Enjin Coin, selling Enjin Coin, and trading ENJ are all the exact same process in literal terms. It’s really just your personal investing intentions that defines whether ‘now’ is a good time to invest or not.

  • If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #HODL a coin long term in the hopes of larger profits. In this sense, any time is a good time to trade Enjin Coin.
  • As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of ENJ, then a good time to purchase Enjin Coin is on any major dip.

In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying Enjin Coin and selling it the next day probably isn’t why you’re here either.

How has Enjin Coin (ENJ) performed this year?

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The current Enjin Coin price today is $0.37, which is -92.47% versus its all time high of $4.85, which it reached on 25 November 2021. ENJ is +1.05% this year, with a 52 week high of $0.69 and a 52 week low of $0.12. 

Regardless, closely following Enjin Coin price news & analysis will help you decide when to pull the trigger.


Sources & references

James Knight

James Knight

Editor of Education

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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets. His main focus is on improving financial literacy among casual investors. He has been with Invezz since the start of 2021 and has been...