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How to buy Ethereum Name Service

1. Compare crypto exchanges
The easiest way to buy Ethereum Name Service is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.

2. Create an account
To create an account on an exchange you will need to verify your email address and identity. Have some photo ID and your phone ready.

3. Make a deposit
Once verified, you can deposit $ using the payment method that best suits you – bank transfer, bpay, cash and cryptocurrency payments are widely accepted.

4. Buy Ethereum Name Service
You can now exchange your funds for Ethereum Name Service. On easier-to-use exchanges, this is as easy as entering the amount you want to purchase and clicking buy. If you like you can now withdraw your Ethereum Name Service to your personal wallet.
Where to buy Ethereum Name Service in Australia
Find an exchange to buy, sell and trade ENS by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Steps on how to buy Ethereum Name Service
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Ethereum Name Service.
- Compare cryptocurrency exchanges that support ENS.
Cryptocurrency exchanges differ by fees, security and payment methods, so you'll need to research which is the right fit for you. As a beginner, you don't need a big range of features, and you can always change exchanges later. - Create an account on an exchange.
You can sign up for an account by selecting the Go to site button. This will take you to the account creation page, where you can fill in your details, starting with your name and email address.. - Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Ethereum Name Service. - Buy Ethereum Name Service.
Complete your Ethereum Name Service purchase and then find the best wallet to store ENS.
What to consider when buying Ethereum Name Service
ENS, like many other cryptocurrencies available in the market today, is subject to a high degree of financial turbulence and volatility. In this regard, here are a few points to consider before investing in the asset:
- Unique operational proposition:Ethereum Name Service seeks to make transactions — taking place across the global crypto and DeFi markets — much more streamlined by allowing users to devise “universal nicknames” for all of their public addresses. Instead of clients having to utilise an unreadable string of keys for each crypto address, they can use a simple name such as “.eth”, allowing for more seamless transactions. This proposition could attract a lot of attention from the cryptocurrency community and from those that have not yet embraced cryptocurrencies because of the confusion regarding public and private keys. Any increase in demand for the service will increase the demand for the native token ENS.
- Future ready:ENS features a highly decentralised operational setup that is capable of creating portable Web 3.0 usernames that can be used across a wide array of dApps and blockchains. Although currently focused on the Ethereum blockchain, the protocol is looking to expand to other blockchain networks. Users can also access other suffixes at the end of domain names such as .com or .org. This level of functionality may encourage user adoption.
- Transparency driven design:As mentioned earlier, Ethereum Name Service is completely open-source and is not governed by a single entity. Instead, the platform is managed by a community-centric DAO (decentralised autonomous organisation), wherein owners of the ENS token have the power to submit proposals and thus have a direct effect on the protocol’s development.
- Advanced features:The project comes complete with a host of advanced features. For example, ENS domain name owners have the option to devise their own, personal ‘subdomains’ which can then be assigned and correlated to different pieces of data ranging from smart contracts to meta-info (and even regular financial transactions).
How to sell Ethereum Name Service
You can cash out your ENS with the same exchange you bought it through:
- Sign in to the exchange you have ENS on.
If you store your Ethereum Name Service in a digital wallet, compare crypto exchanges to sell it on. - Place a sell order.
Choose the amount of ENS you'd like to sell. - Complete your transaction.
Confirm the sell price and fees and close your sale of Ethereum Name Service.
Disclaimer: Cryptocurrencies, including Ethereum Name Service, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of ENS is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Ethereum Name Service or any other cryptocurrency discussed.
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