Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy Enjin. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!

Sign up with Swyftx

Enjin

Australia has a decent number of popular and regulated crypto exchanges, so it’s quite easy finding an exchange that has Enjin. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.

Let’s get into it!

How to Buy Enjin in Australia

There are only 4 main steps involved and it’s pretty straightforward:

  1. Choose a crypto exchange
  2. Sign up with the exchange
  3. Fund your account with AUD
  4. Buy Enjin

1. Choose a crypto exchange

As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has Enjin in its list of cryptocurrencies.

Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.

And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.

So for this guide on buying Enjin, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer Enjin.

If you’d like to learn more about the exchanges we recommend, look at our comparison of the sites for bitcoin trading in Australia.

2. Sign up with the crypto exchange

Once you’ve decided on which exchange to use, it’s time to sign up.

Sign up with Swyftx and grab $20 free BTC.

Swyftx has a very streamlined sign-up process in place. The first step is to fill in the sign-up form.

Next up is to go through their basic verification process, called a KYC, which is required by law here in Australia. This should be very quick and easy.

Once done, it’s time for the next step.

3. Funding your account with AUD

To buy Enjin, you first need to transfer AUD to your Swyftx account using one of the many deposit methods available. From bank transfer to PayID, POLi pay and credit cards, plenty of options to choose from.

Swyftx Deposit Methods

4. Buy Enjin

The final step is to go to their asset list, find Enjin, navigate to the buy section, and then trade your AUD for some ENJ. Once you’ve bought Enjin, you can track how much you’ve gained or lost either in the app (they have a great app), or on desktop on the left-hand side under your cryptocurrency list.

Where to Buy Enjin (ENJ)

ExchangeRatingCryptocurrenciesSite
Swyftx logo5/5300+ cryptocurrenciesVisit Swyftx
CoinSpot logo4/5200+ cryptocurrenciesVisit Coinspot
binance logo3/5400+ cryptocurrenciesVisit Binance

Disclaimer: Trading, investing, and dealing with digital and cryptocurrencies might involve a lot of risks. Their prices are volatile and performance is unpredictable. Their past performance is no guarantee of future performance.

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How to Sell Enjin

If you’re thinking about selling Enjin, just follow the steps below.

  1. Sign in to the crypto trading platform (like Swyftx).
  2. Click on Enjin in your list of cryptocurrencies, or find your trading account if you’re using an exchange with different accounts.
  3. FInd the sell section and sell Enjin for AUD, or trade it for another cryptocurrency.

Frequently Asked Questions

Is buying Enjin in Australia legal?

Yes, you can legally buy and trade cryptocurrencies in Australia. We do of course recommend only using crypto exchanges regulated by AUSTRAC.

How to buy Enjin with PayPal?

Unfortunately, most crypto exchanges in Australia don’t support PayPal. The only exchange that you could use is eToro, but their cryptocurrency list is quite limited so you might not find Enjin. Have a look on their site first, you might be lucky.

How to buy Enjin with a credit card or debit card?

Most top exchanges support buying crypto with a credit or debit card. We would recommend Swyftx to buy Enjin with your credit/debit card.

About Enjin

Enjin is a company offering a network of interconnected, Blockchain based gaming products. Enjin Network is Enjin’s most popular offering. It allows users create websites, clans and chat, as well as host virtual shops.

Enjin allows game developers to tokenize in-game items with the Ethereum Blockchain. It uses Enjin coin as a token to back digital assets. The items can then be bought, sold, and traded with real-world value.

Enjin Coin, which was first announced in Juli 2017, launched on Ethereum mainnet May 2018.

Enjin Coin (ENJ), which is a digital store of value, can be used to support the price of blockchain assets like non-fungible tokens. Enjin Coin (ENJ), a minting resource, can be locked in NFTs so that it is not removed from circulation. Enjin Coin is included in every asset created using the Enjin Platform. Both users and creators can reap the benefits of minting blockchain assets with ENJ.

  1. They have a reserve value
  2. They are transparent and scarce.
  3. They can be given liquidity
  4. This utility can be used by apps and games
  5. Anti-inflationary
  6. Enjin's "meltingaEUR" functionality allows users to instantly destroy blockchain assets and retrieve their ENJ value.

Enjin's Blockchain Ecosystem is made to make it easy for anyone to create and trade software using blockchain.

Enjin was established in 2009, and its roots lie in the gaming industry. Enjin Network was the company's first product. It was a platform for gaming communities. In a decade, it grew to 20,000,000 users.

After the ICO, Enjin established itself as a leader of blockchain ecosystem development. It created a suite of software products that allows anyone to trade, distribute, and integrate blockchain assets.

Witek Radomski is Enjin's cofounder and wrote the code that created one of the first non-fungible tokens (NFTs). He is also the co-author of ERC-1155 Ethereum token standard.

The Enjin ecosystem was built on top an existing on-chain infrastructure. It allows businesses and game developers of all sizes to use tokenized digital assets as part of their acquisition, retention and monetization strategies. Enjin's ecosystem is powered by Enjin Coin (ENJ), a cryptocurrency that backs blockchain assets.

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