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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please click here to read our full Risk Warning.

74.91% of retail investor accounts lose money when trading CFDs with this provider.

Enjin Coin (ENJUSD)

We regret to inform you that Indication Investments Ltd is exiting the Temporary Permission Regime and will no longer be accepting clients from the United Kingdom.

Enjin Coin is an Ethereum-based token that was created for various uses on different websites and in online games. The coin can be used to trade virtual items and assets on the Enjin platform (a content management system). The Enjin Coin project is being developed by Enjin, a leading company in the gaming industry.

There are one billion ENJ coins, with over 760 million in circulation. 80% of ENJ has already been sent to participants of a public coin sale in October 2017. The rest were given to the Enjin team, consultants and for incentive programmes. When a user asset is created, its ENJ value is removed from the ecosystem. This decreases circulation and increases the value of individual ENJ tokens.

ENJ's capitalisation at the beginning of April 2021 was over $2.5 billion. 

Trading options

The tokens started trading in October 2017. In just Q1 2021, ENJUSD increased more than 19.6 times in value! Its average intraday volatility was 19.6%.

How to buy and sell ENJUSD CFDs

You can buy and sell CFDs for ENJUSD through a broker or a trading platform, such as MetaTrader 4 or Libertex, where leverage can be used, and you can trade if the cryptocurrency's value goes down or up.