Ethereum Name Service (ENS) is the dao related token that has been embraced by crypto enthusiasts and investors since its launch. It is currently ranked number 99 based on market capitalization on CoinMarketCap, with a market capitalization of 1423285676 recorded at the time of writing. ENS has been gaining momentum alongside the flourishing cryptocurrency market this year. More and more people are becoming interested in Ethereum Name Service. They wish to invest or purchase Ethereum Name Service (ENS), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing Ethereum Name Service. Regardless of your location, Bitrue can provide you with a simple and secure way to buy ENS.
Where and how to buy Ethereum Name Service
When it comes to purchasing Ethereum Name Service (ENS), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy Ethereum Name Service in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased ENS will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy Ethereum Name Service (ENS) through Bitrue.
Alternative methods to acquire Ethereum Name Service
Apart from directly buying Ethereum Name Service (ENS), what are the alternative methods to acquire Ethereum Name Service ?
Fixed Auto-Investment in ENS
Regularly invest a fixed amount at scheduled intervals in Ethereum Name Service (ENS) digital assets, enjoying both short-term returns and long-term benefits.
Staking ENS
Flexible staking of Ethereum Name Service (ENS) digital assets to earn interest or high returns in other cryptocurrencies.
Get Ethereum Name Service (ENS) for free
If you have enough time, you can obtain Ethereum Name Service for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free Ethereum Name Service (ENS).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free Ethereum Name Service.
- All cryptocurrency airdrops and rewards can be exchanged for ENS through coin-to-coin exchange or spot trading.
How to keep your Ethereum Name Service safe and secure
Once you have purchased Ethereum Name Service, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store Ethereum Name Service and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain Ethereum Name Service wallets, you also have the option to store Ethereum Name Service (ENS) separately in a personal encrypted wallet. This wallet serves to keep your Ethereum Name Service secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your Ethereum Name Service, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your Ethereum Name Service encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
FAQ About Buy Crypto
What is Ethereum Name Service?
Ethereum Name Service (ENS) is a cryptocurrency and operates on the Ethereum platform. Ethereum Name Service has a current supply of 100,000,000 with 14,566,540.03524933 in circulation. The last known price of Ethereum Name Service is 68.3986806 USD and is up 4.45 over the last 24 hours. It is currently trading on 38 active market(s) with $1,524,972,690.25 traded over the last 24 hours. More information can be found at https://ens.domains/.
How many Ethereum Name Service are there in total?
The total supply of Ethereum Name Service is 100,000,000 and the Circulating Supply is 34,358,147 .
Why are people buying Ethereum Name Service?
People buy Ethereum Name Service for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, Ethereum Name Service serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing Ethereum Name Service include investment, risk diversification, and trust in new digital assets.
Where is the preferred place to buy Ethereum Name Service?
Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase ENS.
Should I buy Ethereum Name Service?
Deciding whether to buy Ethereum Name Service depends on individual financial goals, risk tolerance, and understanding of the digital asset market. Ethereum Name Service investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying Ethereum Name Service (ENS) may be a suitable investment choice. However, remember that all investments come with risks.
How much does it cost to buy 10 ENS?
To purchase 10 ENS, the cost in USD would be $411.8.
What are the fees for buying Ethereum Name Service?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies
here.
How to use Apple Pay to buy ENS?
Currently, Bitrue does not support purchasing ENS or adding fiat currency using Apple Pay.
How to use Google Pay to buy ENS?
Currently, Bitrue does not support purchasing ENS or adding fiat currency using Google Pay.
How to use Paypal to buy ENS?
Currently, Bitrue does not support purchasing ENS or adding fiat currency using Paypal.
What can I do with Ethereum Name Service?
You can use Ethereum Name Service to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
How to sell my Ethereum Name Service?
If your Bitrue wallet does not hold Ethereum Name Service, you need to deposit ENS into your Bitrue account. If you already have ENS, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of ENS you want to sell, select the selling price, confirm the sell order, and once your ENS is successfully sold, you can withdraw funds to your set bank account or other payment methods.
Can I purchase Ethereum Name Service (ENS) worth 1 US dollar?
In theory, Ethereum Name Service (ENS) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for ENS is 10 US dollars.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.