How to Buy Ethereum Name Service (ENS)

Price of Ethereum Name Service (24h)$7.59

Interested in buying Ethereum Name Service (ENS) or exploring other cryptocurrencies? This is the right place for you! KuCoin offers safe and easy ways to let you buy Ethereum Name Service (ENS) instantly wherever you are! Check out all the ways you can buy ENS on KuCoin.

Buy Ethereum Name Service (ENS) on KuCoin in Four Simple Steps

Create Your Free KuCoin Account

Sign up on KuCoin with your email address/mobile phone number and country of residence, and create a strong password to secure your account.

Secure Your Account

Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.

Verify Your Account

Verify your identity by entering your personal information and uploading a valid Photo ID.

Add a Payment Method

Add a credit/debit card or bank account after verifying your KuCoin account.

Buy Ethereum Name Service (ENS)

Use a variety of payment options to buy Ethereum Name Service on KuCoin. We'll show you how.

Choose How You Want to Buy Ethereum Name Service on KuCoin

Buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying Ethereum Name Service (ENS).

Buy Ethereum Name Service (ENS) with crypto on the KuCoin Spot Market

With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy Ethereum Name Service (ENS). Here's how to buy:

1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.

2. Transfer your crypto to a KuCoin Trading Account. Find your desired Ethereum Name Service (ENS) trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for Ethereum Name Service (ENS).

Tip: KuCoin offers a variety of order types to buy Ethereum Name Service (ENS) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.

3. As soon as your order is successfully executed, you will be able to see your available Ethereum Name Service (ENS) in your Trading Account.

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How to Store Ethereum Name Service (ENS)

The best way to store Ethereum Name Service (ENS) varies based on your needs and preferences. Review the pros and cons to find the best method of storing Ethereum Name Service (ENS).

Store Ethereum Name Service in Your KuCoin Account

Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.

Hold Your Ethereum Name Service in Non-Custodial Wallets

"Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your Ethereum Name Service (ENS) to a non-custodial wallet. Storing Ethereum Name Service (ENS) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your Ethereum Name Service (ENS) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your Ethereum Name Service (ENS).

What Can You Do with Ethereum Name Service (ENS) on KuCoin?

Hold

Store your Ethereum Name Service (ENS) in your KuCoin account.

Trade

Trade Ethereum Name Service (ENS) in the spot and futures markets.

Earn

Earn passive income by staking or lending Ethereum Name Service (ENS).

Why Is KuCoin the Best Platform to Buy Ethereum Name Service (ENS)?

Safe and Trusted

Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed by 1:1 real assets. KuCoin was named one of the Best Crypto Exchanges by Forbes in 2021 and selected by Ascent as the Best Crypto App in 2022.

High Liquidity

Boasting a high liquidity order book for all listed cryptocurrencies, KuCoin delivers a liquid trading experience with tight spreads.

Home of Crypto Gems

KuCoin supports more than 700 cryptocurrencies and is the best place to find the next crypto gem. Buy Ethereum Name Service and trade it against various digital assets on KuCoin.

Intuitive Interface

Buying Ethereum Name Service (ENS) on KuCoin is quick and easy, thanks to our intuitive interface and powerful technology. Obtain ENS in an instant when you buy on KuCoin.

Trade

Spot

Futures

ENSUSDTM

‎$ 7.54324560

-1.83%

Futures

FAQ

Is Ethereum Name Service (ENS) a Good Investment?

Ethereum Name Service crypto is an exciting asset to invest in, considering the project’s future potential. As Web3 adoption rises, the need for a service like ENS, which helps you create convenient Web3 usernames and profiles, will also pick up.

An uptick in adopting Ethereum Name Service by crypto and Web3 users could drive up the ENS price and make it a valuable asset to include in your portfolio. The Ethereum Name Service price could also edge higher amid the release of more Web3 projects and decentralized websites using its blockchain naming standard.

In addition to rising adoption by users and projects worldwide, the Ethereum Name Service price could see an uptrend as the market sentiment towards cryptocurrencies improves. A positive mood among investors increases buying interest, sending all digital assets, including ENS, higher.

The ENS price could rise amid higher innovation in the Web3 and decentralized space. The need for a convenient service that converts cryptocurrency addresses into human-readable names is a precious innovation in the market which could witness widespread adoption in the future, making the Ethereum Name Service token more valuable.

How Many ENS Tokens Are There?

The Ethereum Name Service token has a fixed total supply of 100 million. As of August 2022, the circulating supply of ENS crypto is about 20 million.

The following is the token distribution of ENS:

⧫ 50% of ENS’s max supply was allocated to the DAO Community Treasury, of which 10% was unlocked at the time of launch with a vesting schedule spread over four years since then.

⧫ 25% of ENS was distributed via airdrops to .ETH domain holders.

⧫ The remaining 25% was set aside for contributors to the Ethereum Name Service project with a four-year linear vesting schedule.

How Much Does it Cost to Get an ENS Domain?

You must pay $5 per year to register a .ETH domain using the Ethereum Name Service. In addition to buying ENS directly via the Ethereum Name Service platform, you can also obtain an ENS domain via OpenSea, the world’s leading NFT marketplace.

Browse through the ENS collection on OpenSea for available .ETH domain names and get their pricing details. Connect your digital wallet to OpenSea to buy available options or place a bid for them.

ENS vs. DNS: Difference Between Ethereum Name Service and Domain Name Service

While ENS and DNS perform similar functions, there are several differences between the two services. Let’s take a look at some of them:

Web2 vs. Web3

Domain Name System (DNS) is a protocol that caters to Web2 initiatives, such as websites and email addresses. It maps IP addresses to names that are convenient to recall and use.

On the other hand, Ethereum Name Service maps crypto addresses based on Ethereum to a readable string similar to a URL. The ENS service can be used to create usernames for Web3 applications, crypto wallets, and decentralized websites serving Web 3.0 projects.

Centralized vs. Decentralized

DNS services are primarily centralized, with DNS providers using centralized servers to offer their services to internet users. Meanwhile, ENS functions in a completely decentralized manner, based on the Ethereum blockchain. The verification process utilized in ENS is distributed, eliminating the single point of failure that centralized systems suffer from.

How to Get an ENS Domain

The Ethereum Name Service is integrated across hundreds of dApps and wallets, which means its services are accessible through these platforms. Here’s how you can get an ENS domain for yourself:

1. Create an account with a crypto wallet that is integrated with and supports ENS.

2. Add ETH funds to your wallet by buying Ethereum on KuCoin or other exchanges. Withdraw the funds from your trading account to your wallet by entering your wallet address.

3. You will need a minimum of $50 worth of ETH in your wallet to purchase ENS domains.

4. Head to the ENS Manager website.

5. In the text box on the homepage, please search for the .eth domain name you would like to own to assess its availability.

6. Confirm the availability of the name and enter the duration in years for how long you wish to own the ENS domain.

7. Click on “Request to Register” to proceed.

8. Connect your ETH wallet through the pop-up box that appears in the next step. Click on “Confirm” to proceed with the transaction and make the payment for the ENS domain.

9. Review the gas fees and other details to proceed with the registration process.

10. After registering your ENS, use the Resolve section to bind your old crypto address to your ENS domain.

11. You can now use your ENS name to receive crypto and interact with dApps.

Ethereum Name Service (ENS) Price Analysis

Live Price

The live price of ENS is 7.49 USD, representing an increase of 4.41% in the past 7 days and -2.69% decrease in the past 24 hours.

Historical Trends

The all-time high of ENS was 85.68 USD on 11-10, 2021, from which the coin is now down -91.25%.
The all-time low of ENS was 6.93 USD, from which the coin is now up 7.53%.

ATL$ 6.93

ATH$ 85.68

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Disclaimer

Given the nature of the crypto market, the price of Ethereum Name Service (ENS) is subject to high market risk and price volatility. We recommend you invest in digital assets only after you understand how they work and their associated risks. Other factors to consider when devising your crypto investment strategy include your experience level, financial situation, investment objectives, and risk tolerance. You could also consult an independent financial advisor before buying cryptocurrencies. The above information is not financial advice, and past performance is not a reliable indicator of how the market will fare in the future. The value of your investments and assets may rise or fall based on market conditions, and there is no guarantee that you will get back the amount you invest or profit from your investments. Your investment decisions are your sole responsibility, and KuCoin is not responsible for any losses you may incur when you buy crypto on its platform. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information is provided to you solely for informational purposes and is not warranted by KuCoin.