What is Enjin coin?

Enjin Coin is an ERC-20 compatible token, which means you can send and receive it using an Ethereum wallet. But the technology behind Enjin does more than just handle that single currency. Enjin is designed to integrate with games—you can use Enjin Coin as a currency and use the Enjin wallet to buy, sell, and trade NFTs.

Is Enjin a good cryptocurrency wallet?

The Enjin wallet is optimized for both cryptocurrency assets and NFTs, which is handy if you’re into the gaming NFTs on the Enjin Marketplace. Transaction times for Enjin will vary with congestion on the Ethereum network. Enjin Coin transactions take about five minutes to complete on average and require 20 confirmations, according to Kraken.

How do I use Enjin?

Optionally, you can use the Enjin Blockchain Wallet, a software wallet for mobile devices. The Enjin wallet is optimized for both cryptocurrency assets and NFTs, which is handy if you’re into the gaming NFTs on the Enjin Marketplace. Transaction times for Enjin will vary with congestion on the Ethereum network.

Will Enjin coin support other altcoins?

The team will continue to add support for other altcoins too. Enjin Coin is adding the benefits of blockchain to the over $17 billion virtual goods market. The team is working to prevent fraud in the gaming industry and provide true ownership to virtual goods holders.