Cryptocurrencies & Platforms

Crypto.com Price Surges After Partnership Announcement With Enjin, Welcoming Enjin Coin’s 20 Million Users

On April 16, Crypto.com announced a partnership with Enjin Coin, the cryptocurrency behind Enjin Network, the gaming platform with over 20 million users. Crypto.com added ENJ to their wallet and card application, and the market has enjoyed a nice price increase since the announcement:

Image Source: http://www.coinmarketcap.com

Enjin, founded in 2009, is the largest online gaming platform, boasting over 250,000 gaming communities and 20 million registered users. The company conducted an ICO in 2017 which raised over $18 million and gave birth to Enjin Coin (ENJ). Enjin Coin is used for the creation and management of virtual goods within the gaming world. The company prides itself in empowering gamers with true ownership of all of their in-game digital assets.

Now their partnership will bring over 20 million users to the Crypto.com network, who can now purchase ENJ easily with USD and EUR. The users can also seamlessly purchase ENJ via debit and credit cards through the Crypto.com wallet.

Through the application, users are able to securely store, sell, send, and track their cryptocurrency assets. Furthermore, users can now spend their ENJ tokens in the real world at over 40 million merchants by using the Crypto.com MCO Visa card.

The addition of ENJ to the Crypto.com wallet further expands the list of cryptocurrencies available for purchase, which also includes BTC, ETH, XRP, LTC, BNB, MCO, and CRO. Kris Marszalek, Co-Founder and CEO of Crypto.com, is pleased to expand the range of cryptocurrencies available on Crypto.com:

“We’re pleased to have the ENJ Coin join our platform to provide a wider variety of cryptocurrencies for our customers. We resonate with Enjin’s mission to bring fairness and purpose to gaming, and we believe this partnership can further enrich gamers’ experiences, online and offline.”

Maxin Blagov, co-founder and CEO of Enjin, is excited to be able to provide his users with an easy method of purchasing ENJ.

“We are excited to provide game developers and adopters of the Enjin Platform with an easy option of purchasing ENJ through the Crypto.com app, as well as making it extremely easy to use Enjin Coin as currency with the MCO Visa Card. We look forward to partnering with Crypto.com to explore even more opportunities to increase the adoption of blockchain technology as we continue to push this movement towards mainstream usability.”

 

Yaz Sheikh

Yaz is a cryptocurrency technical analyst with over 6 years of technical trading experience. As an Economics graduate he has taken a keen interest on the future potentials of blockchain in the financial industry. Removing crypto from the equation, Yaz loves to watch his favourite football team and keep up-to-date with the latest fights within the UFC.

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Yaz Sheikh

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