Enjin has recently migrated all blockchain assets to their new Enjin Blockchain, which consists of the Enjin Relaychain and Enjin Matrixchain. Complicated, I know.
Enjin Coin still exists on Ethereum as an ERC-20 token, but it is no longer native and is *not* available to be staked in the Enjin Wallet.
Buying ERC-20 Enjin will result in higher fees, as you will need to first buy it on an exchange and send to to your wallet for conversion. But with high Ethereum fees, you are wasting a lot of money on gas.
Enjin Coin staking currently has high yield so if you are interested in getting the native coin, please follow the instructions below.
Castle Crypto has partnered with reputable exchanges to make this super convenient, as we also operate The Metaverse Exchange.
Follow these simple steps to buy Enjin Coin on Enjin Blockchain:
1) Download the Enjin Wallet (mobile). This is one of the best wallets to hold crypto in general, and it has been around for 4+ years. Simply search for it in your phone’s app store or download it here:
2) Create a new wallet inside the app, and make sure to save your private keys! Write them down and keep them safe. Never share them with anyone.
3) Copy your Enjin Relaychain address, which should be in the center of the main wallet screen. This will be your receive address.
4) Finally, you will need to exchange any number of cryptocurrencies for Enjin Coin on Relaychain. You can send from any outside wallet such as Metamask, Trezor, Ledger.
You can send from an exchange wallet such as Coinbase, but this is not recommended unless you know what you’re doing.
We have pre-configured the exchange widget below so that it displays the correct Enjin Coin.
Select your swap – we recommend ETH, Bitcoin, USDT, or more liquid coins, but you can select what you’d like.
Then, copy the RECEIVE address from your Enjin Wallet. If you are viewing this from desktop, you might need to email this address to yourself so you can copy it.
Always double check that you entered the right receive address!
Once your exchange is complete, you will see this screen. On this example it took about 7 minutes to make a fully cross-chain swap, saving you A LOT of time and fees.
How to Stake Enjin Coin on Relaychain
We highly recommend staking your Enjin, which can be done through the Staking Button in the bottom right corner of the Enjin Wallet.
Just click “Stake Now” and it will select a pool for you. Select how much Enjin Coin you would like to stake, and submit. You can unstake your Enjin Coin at any time if you need to.
If you remain staked, you are eligible for early governance reward payouts each month.
FAQS
How long does the exchange take?
A typical exchange can take anywhere from 5-15 minutes.
It says “this exchange is not available” when selecting coins – what now?
This is usually temporary, or it means a certain exchange has been disabled for the time being.
I need support – what should I do?
Please fill out this form if an exchange is stuck, or you have any other questions.
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