For security reasons, storing your cryptocurrency funds on an exchange is not recommended. Instead, make sure you hold your cryptocurrencies in a secure wallet.
Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. According to the FSA’s history of cryptocurrency listings, ENJ is the first in the gaming category to be listed on an exchange within the country. Coincheck is one of Japan’s largest licensed cryptocurrency marketplaces and is regulated by the country’s Financial Services Agency . Enjin Coin is now a beneficiary of the bullish run in the cryptocurrency market as well as some of the tokens that have great market perception in the DeFi market. The Enjin platform is one of such platforms, enabling the building of blockchain-based games and apps.
Enjin Coin Becomes First Gaming Cryptocurrency Whitelisted For Use In Japan
BC Bitcoin is a UK-based cryptocurrency brokerage that buys and sells more than 100 different cryptocurrencies. Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
This is tried and true product that keeps your coins safe from on-line and off-line threats. IG and eToro both let you buy and sell stocks, exchange traded funds , cryptocurrencies, commodities and currencies. Which one you choose to go with will depend on which features you are looking for.
The gaming industry is booming at the moment, with annual worldwide revenue slated to surpass $138 billion by the end of 2021. If Enjin Coin could achieve widespread adoption as the cryptocurrency of choice for the gaming community, there would be plenty of potential for growth in value. Enjin Coin already has access to the Enjin community, and the Enjin site is used by 19 million highly engaged gamers worldwide. This means there’s already a substantial potential market that the coin may be able to tap into. Buying any type of cryptocurrency is risky and speculative, and there are many complicated factors that can affect the value of these digital currencies. With this in mind, make sure you consider all the risks associated with any cryptocurrency before buying.
We promote only companies we personally consider to be very good. Financial market trading carries a high degree of risk, and losses can exceed deposits. Any opinions, news, research, analysis, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. Read the “Risk Disclosure Statement” for further details. The surge in the ENJUSD follows its whitelisting by the Japanese cryptocurrency regulators for use in the Japanese market. The ENJ token will therefore be listed on the Coincheck exchange in Japan in a week’s time, enabling Japanese crypto enthusiasts to trade ENJ with the Japanese Yen. Enjin coin price traded at $1.70 with a gain of 31.77% in the last 24-hour.
Enjin Coin Price Prediction For June 2021
Let’s take a closer look at how these tokens work and how you can buy Enjin Coin in the UK. A beginner’s guide to gaming cryptocurrency Enjin Coin and how to buy ENJ in the UK. Information about the ENJ USD (Enjin Coin vs. US Dollar HitBTC) is available here. You will find more information by going to one of the sections on this page including historical data, charts, converter, Technical analysis, news, and more.
According to CoinMarketCap, the circulating supply of ENJ at the time of writing was 834,185,857 out of a total supply of 1,000,000,000 ENJ. Enjin Coin’s pre-sale took place in August and September 2017 and raised $12 million, while the public crowdsale took place in October 2017 and raised a further $23 million. Set up a virtual goods store that accepts ENJ and all custom coins.
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Writers on TheCoinRepublic follow ethical and creative standards to provide impartial news and most insightful content for our readers. SMA-50 & 100 acts as another strong support in the coin. SMA-50 intersects the SMA-100 , which projects a bullish trend. The price is above both the SMA’s, which is a positive sign for the asset. The 4-hour technical chart of Enjin coin price projects a buy signal with an uptrend while presenting a SuperTrend indicator. Investors are intended to buy ENJ when the indicator turns from red to green while moving below the price.
- For security reasons, storing your cryptocurrency funds on an exchange is not recommended.
- Buying any type of cryptocurrency is risky and speculative, and there are many complicated factors that can affect the value of these digital currencies.
- During the last calendar year Enjin Coin price was volatile and had both periods of growth and decline.
- When you trade forex, cryptocurrencies or CFDs you are exposed to a high risk of loss.
- Enjin coin price traded at $1.70 with a gain of 31.77% in the last 24-hour.
Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. By continuing to use our site, you are accepting our full terms and conditions found under ‘Legal’ in the main menu. Never engage with any type of cryptocurrency trading other than spot market trading in the UK.
TradingBeasts helps individual traders learn how to responsibly trade forex, CFDs and binary options. TradingBeasts.com/crypto section provides to cryptocurrency enthusiasts cryptocurrency live prices and price predictions. Our forecasts are updated daily working with historical data and using a combination of linear and polynomial regressions. We are also a community of traders that support each other on our daily trading journey. At TradingBeasts, we do our best to provide accurate price predictions for a wide range of digital coins like Enjin Coin. We update our predictions daily working with historical data and using a combination of linear and polynomial regressions. InvestingCube is a news site providing free financial market news, analysis, and education.
Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site, we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, ‘as-is’, and you use it at your own risk. The contents of all ‘Chat’ messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates. London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. The NHS said ‘there will be a significant reduction’ in vaccine supply from the end of March. At press time, ENJ is changing hands for $0.30, up 27% over 24 hours and 71% for the week, according to CoinMarketCap. The token is expected to be listed on Japan’s Coincheck exchange on Jan. 26, meaning users will be able to purchase ENJ with Japanese yen. We’re sorry, but the content you are trying to access is for members only. On the flip side, a decline below that price level opens the door towards 0.
Enjin is a website content management system for the gaming community, allowing gamers to create Minecraft, Guild, Clan and fan-based websites for free. It’s one of the largest social gaming platform in the world, used by more than 19 million gamers and hosting more than 250,000 communities. Consolidating against strong support and very well-established resistance.
However, ENJ maintains a healthy gain of 169.85% on the weekly time-frame. In contrast, the market capitalization stands at $1 billion.
Technically, investors can perceive a positive crossover in SMA. Moreover, SuperTrend also indicates a green signal, but the asset is heavily overbought; Enjin coin price may cool down in future trading sessions.
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Buy cryptocurrency for pound sterling or 35+ other fiat currencies with convenience. Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.
If you want to sell your Enjin Coins, you’ll need to search for the “Sell ENJ” link in your crypto exchange account and follow a similar process to that outlined in Step 3. However, as exchanges don’t offer every available currency pairing, it may not be possible to directly exchange ENJ for the currency you want. Enjin Coin is a token on the Ethereum blockchain designed to provide a customisable cryptocurrency and virtual goods platform for gaming. These tokens can be used to buy and trade virtual goods and digital assets on the Enjin platform, as well as perform a range of actions.
Ratings by crypto community, developers and liquidity are 46.157, 51.851, 70.349. During the last calendar year Enjin Coin price was volatile and had both periods of growth and decline. In particular in the last 7 days the price changed by 53.04%. Just buy or deposit the coin and watch it grow over time.