Enjin

If you’re looking to get into the NFT business, the first thing you need to do is to find a reliable wallet to store your digital assets somewhere safe. Moreover, you can’t just use the first wallet you see online, as you could be dealing with scammers who want to take advantage of new collectors and steal their money.

However, not everyone knows how to identify a good wallet. Luckily, we’re here to tell you exactly that. The first thing you need to do is continue reading reviews like this one, as the opinion of experts is the most reliable source of information you’re going to find. Nonetheless, you should also compare different points of view and figure out what’s better for your investments.

In this Enjin Wallet review, you’re going to learn everything about this cryptocurrency and NFT wallet and how you can use it to secure your digital assets.

What Is Enjin Wallet?

If you want a wallet that’s designed specifically to keep your assets safe, Enjin Wallet is the one for you. This great crypto wallet features more than 700 coins, and it is compatible with all possible devices, including Apple and Android phones. Moreover, its user interface is extremely easy to use, especially for new traders.

However, its best feature is its focus on cyber-security, as it turns your phone into a hardware wallet, giving you complete control of your assets. Moreover, its portfolio management features allow you to control as many wallets as you desire and make straightforward transactions with them.

Our Enjin Wallet Analysis

In order to create a proper analysis of Enjin Wallet, we decided to create an account with an anonymous email that couldn’t be traced back to nftsdaily.io, so we get to experience the real process that everyone else goes through. Moreover, after a few days of using this platform, we quickly learned its ins and outs and determined that virtually anyone could use it to collect NFTs.

Moreover, the withdrawal process was one of the best parts, as we could get our money out with no problem and without any extra fees, which tends to be one of the most worrying parts of trading.

The Signup Process

Enjin has its own app available for Android and IOS users, but you can also use the desktop version if you feel more comfortable that way. However, it doesn’t matter what you choose, as all versions are equally easy to use, and the signup process can be done in just a couple of minutes. Moreover, there are certain things that you should be aware of when doing it, so keep reading if you want to find out how to open an account in Enjin Wallet.

Create Your Account

The first thing you need to do is download the app, and once you start it, you must press the “create wallet” button. This is going to show you all the different wallet options, and you’re going to choose the coin or token you desire to collect in the wallet. Moreover, before you begin using it, you need to read all the terms and conditions and create a safe password to keep all your assets as secure as possible.

Check Your Email

After creating your account, you must complete your profile with your data, including your email. This is an essential step, as you’re going to need to use your email to verify your account and start using it without problems.

Learn about the Platform

A fantastic perk of Enjin Wallet is its user experience, as it is super easy to use, and even the newest traders can understand its interface without problems. However, if you want to learn how to properly use it, you can check out several forums and tutorials made by community members who can guide you through your learning process.

Start Buying/Storing

Now that you’re all set and know how to use this app, you can begin storing your cryptocurrencies and NFTs. In order to do this, all you have to do is find your wallet ID or QR code and use them to make safe deposits into your account.

How Does Enjin Wallet Work?

Although this wallet is relatively easy to use, it functions in a very complex way, so we created this short section to explain how to make the best out of this software in the most understandable way possible.

1. VerificationVerifying your identity is an essential part of logging into any digital wallet. This is the only thing that ties you directly to your account and helps prevent scammers and phishing. Moreover, this ensures that there’s a real person behind every account.

   This is usually done by submitting a personal ID document to the site, such as your passport or anything similar.

2. FeesMost transactions made when using Enjin don’t have any extra fees. However, all transactions made in the blockchain have an expense that the users must pay, and its price increases depending on the speed of the transaction.
3. PayoutsThere are several steps that you must follow to send money to someone. First, you must select which cryptocurrency you want to send and type in the other person’s wallet ID or QR code. Once this is done, you can choose how much of the currency you want to send and the number of satoshis you desire to use. Keep in mind that the satoshis you use are going to increase the fees you’re going to pay.

   Finally, once all the data is settled, you must confirm the transaction and send it to the other party.

4. SupportThere’s a help center available on Enjin’s website, and you can reach out to them at any time. In order to do this, you’re supposed to fill out a quick survey explaining your problem, and they’re meant to contact you within the next 24 hours.
5. WithdrawalsThe withdrawal process of this app is relatively easy, as all you have to do is select the currency you want to withdraw and confirm the transaction towards your other account. Moreover, you don’t have to pay any extra fees to get your money back.

Ease of Use

Enjin Wallet’s interface is created with software that tracks your most used features and shapes the interface to suit your needs. This makes it incredibly easy to use. It also eliminates any unnecessary functions, which helps you declutter your workspace and increases your focus on the app’s essential features.

Moreover, it’s an excellent wallet for new and experienced traders, as it has a pretty low learning curve.

Reputation

Enjin Wallet has an outstanding reputation due to its high versatility and low transaction fees. However, most people love it because of its several security features that ensure an impeccable experience. When using Enjin, the user is the only person who can manage their passwords, which has gained its users’ trust and loyalty over the years.

Platform Safety

This is one of the safest wallets on the market, as it features the following security procedures.

• Two-layered encryption that protects all personal data and Keystore
• A secure keyboard that randomizes keys to avoid data trackers
• RAM encryption that deletes all data after you’re done using the app
• A 12-word recovery phrase in case your main device gets missing or stolen

Transparency

Enjin Wallet is an entirely safe and transparent wallet. Its creators take security very seriously, so they spend so much time making sure each of their users is real and gets the protection they deserve against digital thieves.

Moreover, that’s why you need to verify your account by submitting a personal document. This way, the creators can ensure that any cybersecurity attack on the platform gets solved as soon as possible.

Is it Possible to Withdraw Earnings?

Yes. You can withdraw your cryptocurrency from this app by following some simple steps, and the best part is that you don’t have to pay any extra fees for doing it.

Enjin Wallet NFT Storage

Many people use Enjin because you can store both cryptocurrencies and NFTs with it, making it a great wallet option for crypto enthusiasts who want to create a larger portfolio with diversified crypto assets.

Compatibility with the NFT Marketplaces

Enjin is quite a versatile app, as it has several amazing features that crypto enthusiasts love. One of these features is its own marketplace for NFTs, which has the same beautiful interface but allows you to browse through it to find your favorite NFTs that can be bought using your Enjin wallet.

Cross-chain Compatibility

Enjin Wallet has cross-chain compatibility, as it allows its users to store several types of crypto assets and trade them across different blockchains. This makes it one of the most versatile wallets on the market.

Our Verdict of Enjin Wallet

Now that we finished the review about Enjin Wallet and learned every important detail about it, we determined that this wallet is one of the most versatile and safest wallets someone can use. Therefore, we recommend it to any crypto enthusiast who desires to expand their portfolio.