Ethereum Name ServiceENS

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FAQ About ENS

• What is ENS?

  Ethereum Name Service is a distributed and open naming service based on Ethereum's blockchain. ENS converts Ethereum addresses such as john.eth to the machine-readable codes that you are familiar with from wallets such as Metamask. It is also possible to reverse the conversion, i.e. associate metadata and machine-readable Ethereum addresses with human-readable Ethereum address.
  Ethereum Name Service aims to make the Ethereum-based Web easier to understand and access for humans, similar to the way the Internet's Domain Name Service made the internet more accessible. Like DNS, ENS uses a hierarchical system of names separated by dots called domains. Domain owners are fully in control of their subdomains.
  ENS began with a successful retroactive Airdrop that rewarded users for registering addresses before the project released its token. In February 2022 it was criticized for allegedly homophobic Tweets from its director of operations.

• How to buy ENS

  To buy ENS, you can follow these general steps:
  
  1. Choose a cryptocurrency exchange and Create an Account
  Start by selecting a reputable and reliable cryptocurrency platform that supports ENS trading. You can also buy ENS here on Toobit. Sign up.
  
  2. Complete Verification (Not Mandatory):
  Read our How to Complete Identification on Toobit guide for more information.
  
  3. Deposit Funds:
  Deposit funds into your Toobit account. This could be done via credit/debit cards, or your crypto wallet.
  
  4. Navigate to ENS:
  Once your account is funded, navigate to the Markets section of the platform.
  
  5. Buy ENS:
  Locate JST in the list of available cryptocurrencies.
  Place a buy order. Read our How to Buy Crypto on Toobit guide for more information.

• How to Sell ENS?

  You can sell ENS to USDT here on Toobit. Read our guide on How to Trade Spot on Toobit for more information.

• What is ENS price Now?

  Are you looking for ENS Price? Live ENS price is updated in real-time on Toobit.

• How to Withdraw ENS on Toobit?

  You can withdraw ENS and other crypto tokens into USDT here on Toobit. Read our How to Withdraw Crypto on Toobit guide for more information.