Buy, Sell, & Trade ENJ
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Rubix is a safe, secure and easy method of buying, selling and trading Enjin Coin (ENJ) and other cryptocurrencies while keeping them all organized and easy to manage via the Rubix platform. Carry it with you on your phone or use it from your desktop computer, keep up-to-date with new offerings and make trades in real-time, and do it all while retaining your privacy and guarding your personal information.
Enjin Coin (ENJ) is a cryptocurrency used to back billions of blockchain assets as of 2022. It was created for use in the non-fungible token (NFT) ecosystem and is currently used to back a wide range of digital assets, such as virtual trading cards, in-game items, music, videos, art and more. ENJ is based on Ethereum, using the ERC1155 token standard, allowing multiple tokens or items to be represented by just one smart contract. Creation of a token using this standard is known as ‘minting,’ and individual holders have the ability to destroy their tokens.
The information associated with each item is stored in the (off-chain) metadata, which allows developers, creators and publishers to easily update things like the name, details, icon and so on. As a result, games and other rapidly evolving ecosystems are not held back or limited to the information first associated with the digital asset.
NFT creators using Enjin Coin receive benefits beyond the first point of purchase, as they receive a percentage of the resale value when their digital asset changes hands in the future.
Who created ENJ?
The company behind ENJ was created in 2009 primarily for use in games, with two co-founders — Maxim Blagov as CEO and Witek Radomski as CTO. Almost a decade later, in 2017, the company’s initial coin offering (ICO) brought in roughly $19 million via the sale of Enjin Coin and went live the following year, in 2018.
ENJ is the token used to power various on-chain products maintained by the company, such as the wallet and marketplace, as well as a separate platform used by developers and creators.
How do I exchange and trade Enjin Coin?
You can trade ‘regular’ fiat currency such as USD for ENJ online via cryptocurrency exchanges from a smartphone or computer. The fees and exchange rates vary slightly depending on your choice of exchange, but the basic operations remain fairly consistent.
The most popular services are those that allow you to make exchanges in real-time at the best possible market prices while offering access to the most common cryptocurrencies and fiat. You can trade USD for ENJ and vice-versa, trade ENJ for BTC or altcoins, and back and forth as you see fit.
Exchange ENJ using Rubix
The Rubix platform is our own system and trading tool that lets you directly exchange and transfer your ENJ and other cryptocurrencies, as well as fiat currencies such as USD, without interacting with other exchanges. As such, the process is streamlined and any associated fees are kept to a minimum.
By using Rubix, you can stay on top of everything by keeping all of the most popular digital assets in one place, allowing easier at-a-glance management, and it is designed with your privacy and security in mind. Use your ENJ and other cryptocurrency to pay for digital art or buy your friend a shiny new sword in your favorite game, and do it all while staying safe and secure with Rubix.
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