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Frequently asked questions
The Enjin project has provided developers with the ability to build and manage virtual products on the Ethereum blockchain. The purpose of this platform is to manage items in games. Enjin has achieved this goal by reducing transaction fees, overcoming duplication and copying of content, and eliminating fraud. Millions of transactions are done monthly in the marketplace of this platform and by providing real ownership of virtual products to their holders, it has brought users a seamless experience of working with ENJ digital currency. In both the cryptocurrency and NFT industries, Enjin is a pioneering project. Enjin Coin is a cryptocurrency with a smart and promising future. It can dominate the cryptocurrency market as it rides the crypto wave, giving it a long reign as a form of payment.
Cryptocurrency exchanges have different fees; you need to check different Estonian crypto exchanges to find the one with the lowest fee. Blocktrade exchange is available in Estonia and doesn’t have any fee.
It is legal to buy cryptocurrency in Estonia. However, you should keep in mind that the profit you may get from any cryptocurrency will be taxed at the end of the year.
Enjin Coin can be purchased for less than a dollar. In this situation, the minimum purchase quantity that your exchange permits will likely determine the minimum amount of Enjin Coin you can purchase. In our exchange, the smallest payments start at $10.
Since trading and exchanging cryptocurrency is allowed in Estonia, if you have any tokens, you can sell without any problem.
The Enjin team has developed their own wallet in order to ensure user security. Enjin Wallet is a digital currency wallet with high security and simple user interface, developed for the safe keeping of your Enjin Coin assets. Enjin Wallet uses two layers of encryption to protect users’ data and a safe keyboard. In this wallet, special codes are considered to prevent the penetration of hackers through the breach of processors with ARM architecture. Therefore, ORU’s security team did not find any loopholes in this wallet that could allow hackers to steal users’ private keys and assets. Furthermore, Enjin Wallet supports Samsung Blockchain Keystore under Samsung’s Knox military-grade security system to protect private keys.