How To Stake Enjin Coin (ENJ)
Do you want to earn Enjin Staking Rewards by staking ENJ? Have your ENJ work for you instead of letting it sit in your wallet doing nothing. We will go over the best way to stake your ENJ so that you can start earning interest right away.
Earn Enjin Staking Rewards
Exchanges
Staking on an exchange is the easiest way to stake your Enjin Coin because all you need to do is buy it and then leave it in your exchange’s wallet. Unfortunately this also means that you do not own your cryptocurrency and if anything happens to your account, you risk losing everything that you hold on that exchange.
Crypto.com
Crypto.com is one of the largest cryptocurrency exchanges in the world. The Crypto.com app isn’t the most beginner friendly compared to other exchanges but it is relatively easy enough that anyone will be able to navigate it. You can currently earn up to 3% interest per year on your ENJ using Crypto.com. There is a minimum holdings requirement of 450 ENJ to earn interest.
- In the Home screen, press the “Transfer” button.
2. Select “Deposit”.
3. Select “Crypto”.
4. Select “ENJ” to get your ENJ address. Send your ENJ to the provided address.
5. Once you’ve received your ENJ, select the Crypto.com logo at the bottom of your screen to enter the menus.
6. Select “Earn”.
7. Select “Start Earning Now”. Ensure that you meet the minimum holdings requirement of 450 ENJ.
8. Select “ENJ”.
9. Choose how long you would like to stake for. Your crypto will be locked for the specified length unless you choose “Flexible”. The longer the term length, the more interest you will earn.
10. Enter the amount of ENJ that you will be staking.
11. Continue through the remaining screens until your ENJ staking is finalized.
Final Thoughts
Enjin Coin is a relatively easy cryptocurrency to stake and earn interest on. We recommend staking on Crypto.com due to its simplicity and decent interest rates.
Earn Enjin Staking Rewards by staking ENJ. Visit Crypto Staking Rewards to learn how to stake crypto, earn staking rewards, cryptocurrency staking benefits, and where to find the best staking rewards.
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