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How to buy Ethereum Name Service(ENS) on Binance

Updated on: 2024-09-20 02:42:30(UTC+0)
In this tutorial we will talk about:
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How to buy Ethereum Name Service(ENS)
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How to redeem USDT with a credit card and then exchange it into Ethereum Name Service(ENS)
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How to buy Ethereum Name Service(ENS)with a debit card
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Buy Ethereum Name Service(ENS)Quickly
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What can you do with Ethereum Name Service
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Market stats to help you decide if it is a good time to buy Ethereum Name Service
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How to Safely Store Your Ethereum Name Service

How to buy Ethereum Name Service(ENS)

How to buy cryptocurrency on an exchange

Investing in Ethereum Name Service(ENS)has never been easier! Registering on an exchange, verifying your account, and paying via bank transfer, debit or credit card, paired with a secure cryptocurrency wallet, are the most widely accepted methods of acquiring cryptocurrencies. Here’s a how-to guide on how to buy cryptocurrency on an exchange.

Step 1: Register on Binance (click the link to register)

Step 2: Identity Verification—Submit KYC information to verify your identity

Please verify your identity to ensure full compliance and enhance your experience with complete identity verification. You can go to the identity verification page, fill in your country, upload your ID, and submit your selfie. You will receive a notification and once your ID has been successfully verified, you can start transactions by binding your bank card or credit card.

How to redeem USDT with a credit card and then exchange it into Ethereum Name Service(ENS)

Step1:Click to buy Crypto, first select your country, then click Card

Step2:Select Add Payment Method in the lower right corner and select the credit card applicable to you to fill in the information and bind it, for example: Wise, Visa, etc.

Step3:Click Trade and find the P2P option, select the corresponding payment method and select the appropriate merchant to complete the transaction.

Step 4: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for Ethereum Name Service (ENS), and purchase it. Token.

How to buy Ethereum Name Service(ENS)with a debit card

Step1:CardClick to buy Crypto and select a card

Step2:Select Add Payment Method in the lower right corner, and select the debit card applicable to you to fill in the information and bind it, such as: Payeer, ABA bank, TowerBank, etc..

Step3:Click Trade and find the P2P option, select the corresponding payment method and select the appropriate merchant to complete the transaction.

Step 4: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for Ethereum Name Service (ENS), and purchase it. Token.

Buy Ethereum Name Service(ENS)Quickly

Step1:Click to buy Crypto and select a card

Step2:Enter the amount of Ethereum Name Service(ENS)you want

Step3:Click p2p to purchase

Step 4: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for Ethereum Name Service (ENS), and purchase it. Token.

About Binance

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Binance

What Is Binance?

Binance is the world’s largest crypto exchange by trading volume, with $76 billion daily trading volume on Binance exchange as of August 2022, and 90 million customers worldwide. The platform has established itself as a trusted member of the crypto space, where users can buy, sell and store their digital assets, as well as access over 350 cryptocurrencies listed and thousands of trading pairs. The Binance ecosystem now comprises of Binance Exchange, Labs, Launchpad, Info, Academy, Research, Trust Wallet, Charity, NFT and more.

Who Are the Binance Founders?

The global company was co-founded in China by Changpeng Zhao and Yi He. A Chinese-Canadian developer and business executive, Changpeng Zhao, who goes by CZ, is the company's CEO. He studied at McGill University Montreal and had a successful track record as an entrepreneur. His past experiences include Head of Bloomberg Tradebook Futures Research & Development team, founder of Fusion Systems and Head of Technology at Blockchain.com.

Yi He is CMO at Binance and Head at Binance Labs, the company’s venture capital arm. Yi was previously Vice President at a leading mobile video tech company, Yixia Technology, and co-founder of digital asset exchange OKCoin.

When Did Binance Launch?

Binance was launched in June 2017, and within 180 days grew into the largest cryptocurrency exchange in the world.

Binance Restricted Countries

Under the Binance Terms of Use, restricted locations include the United States, Singapore and Ontario (Canada). However, some countries have restricted usage or features might be limited due to regulatory reasons, including but not limited to, China, Malaysia, Japan, UK and Thailand. Futures and derivatives products are also not available in Germany, Italy and The Netherlands. In September 2019, a separate dedicated platform for US clients, Binance.US, was launched.

How Much Are Binance Fees?

The platform is user-friendly and one of the cheapest with a huge selection of transaction types and an advanced set of trading tools for experienced investors. It charges based on a tiered system, from regular users to VIP 9. For regular users, a 0.10% maker taker fee is charged for spot trading. In July 2022, Binance announced zero-fee trading for BTC spot trading pairs, and in August for ETH/BUSD pair.

Is It Possible To Use Leverage or Margin Trading on Binance?

Traders can borrow funds and participate in margin trading on Binance Margin, which allows trading cryptocurrencies with up to 10X leverage. Users can also use derivatives products such as Binance Futures, settled in USDT, BUSD or other cryptocurrencies and Binance Options to leverage on their trades.

How to buy Ethereum Name Service in other countries?

Anywhere Binance exchange is available, you may easily purchase Ethereum Name Service (ENS) with the lowest costs and maximum security. To begin purchasing Ethereum Name Service in the country of your choice, enter your country's name in the search box below:

What can you do with Ethereum Name Service

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Store/Hold Ethereum Name Service
Many users hold on to their Ethereum Name Service with the expectation of it increasing in value. You can store your ENS safely on your Binance account or on our crypto wallet app Wallet, the most user-friendly and secure mobile wallet.
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Trade Ethereum Name Service
You can trade Ethereum Name Service for 150+ cryptocurrencies on Binance exchange's industry-leading, fast, and secure trading platform. Binance offers many trading pairs for Ethereum Name Service trading to meet your needs.
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Send Ethereum Name Service
Yes, Binance allows you to easily transfer value around the world, fast. You can buy Ethereum Name Service online and send to anyone and anywhere with their Ethereum Name Service address.
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Spend Ethereum Name Service
You can also buy goods and services with your Ethereum Name Service. More and more vendors and retailers accept Ethereum Name Service every day.
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Donate Ethereum Name Service
Binance accepts Ethereum Name Service donations from institutions to support global projects aimed at improving the lives of the underprivileged billion. You can donate Ethereum Name Service to ensure that no one misses out on the growth brought by blockchain.
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Learn More About Ethereum Name Service
You can read more in-depth articles on Ethereum Name Service from Binance Research and study how cryptocurrencies like Ethereum Name Service work on Binance Academy.

Market stats to help you decide if it is a good time to buy Ethereum Name Service

Perhaps all you need to know is more about it. Allow us to take you through some of the most fascinating Bitcoin Facts from Binance Academy articles in a quick manner. Find out now why people purchase Ethereum Name Service!

Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. ENS converts human-readable Ethereum addresses like john.eth into the machine-readable alphanumeric codes you know from wallets like Metamask. The reverse conversion -- associating metadata and machine-readable addresses with human-readable Ethereum addresses -- is also possible.The goal of Ethereum Name Service is to make the Ethereum-based web easier to access and comprehend for humans - similar to how the Internet’s Domain Name Service makes the internet more accessible. Like DNS, ENS also uses a system of dot-separated hierarchical names called domains with domain owners fully controlling their subdomains.ENS launched with a highly successful retroactive airdrop in November 2021 that rewarded users who had registered addresses before the project launched its token. However, in February 2022, it faced criticism over apparently homophobic tweets by its director of operations.Ethereum Name Service has a one-of-a-kind value proposition due to being the first service that transfers the Domain Name Service to the decentralized Web3.ENS is not a company but an open-source project that calls itself “an open public utility that belongs to the company.” Essentially, it aims to become a piece of infrastructure as vital to Web3 as the DNS is to the internet. Moreover, ENS does not have a single point of failure thanks to blockchain technology and is, by design, more censorship-resistant and secure.One of the main obstacles to the mass adoption of blockchain technologies has been their accessibility and ease of use, which ENS aims to remedy. Instead of using machine-readable albeit inconvenient alphanumeric codes, users can receive any crypto or NFT to a short and easy-to-remember link. This simplifies the user experience and makes blockchain technology less technical.

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How to Safely Store Your Ethereum Name Service?

The Binance wallet offers the most reliable and industry-leading security for risk management, where Ethereum Name Service can be safely kept. To begin holding a Ethereum Name Service wallet, register on Binance exchange.

FAQ

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How do I purchase Ethereum Name Service?
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Nowadays, you can purchase & store Ethereum Name Service hassle free on exchange. You can use your credit card, bank transfer or perform peer-to-peer trade to buy Ethereum Name Service. You can easily do it on your computer, tablet or iOS or Andriod phone.
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Can I buy $1 worth of Ethereum Name Service?
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Typically, you can purchase $1 worth of Ethereum Name Service, but it depends on the exchange and the cryptocurrency you choose. Some exchanges allow minimum amount transactions, while others may have restrictions on the minimum transaction amount. It is advisable to check the trading rules and minimum transaction amounts when selecting an exchange and cryptocurrency.
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Where can I still buy Ethereum Name Service?
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You can still buy Ethereum Name Service on various cryptocurrency exchanges. Some popular exchanges where you may find Ethereum Name Service include OKX, Binance, Coinbase, Kraken, and Huobi. Be sure to check the availability of Ethereum Name Service on these platforms and consider factors such as trading pairs, fees, and security features before making a purchase.
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Where is the best place to buy Ethereum Name Service?
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The best place to buy Ethereum Name Service depends on factors such as your location, preferred payment method, and trading preferences. Some popular options for buying Ethereum Name Service include reputable cryptocurrency exchanges like Binance, Coinbase, Kraken, and Huobi. It's recommended to compare features such as fees, supported trading pairs, security measures, and user interface to determine which platform aligns best with your needs. Additionally, you may consider peer-to-peer trading platforms or decentralized exchanges for alternative options.
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Can I view the Ethereum Name Service chart now?
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Of course, CoinMapAi not only provides information on how to buy Ethereum Name Service, but also supports viewing Ethereum Name Service chart. Click on the link next to it to view the actual rise and fall data.

Market risk applies to any cryptocurrency investment activity, including using Binance exchange to purchase Ethereum Name Service online. While we make every attempt to thoroughly inform our users about every cryptocurrency we offer on the exchange, Binance exchange does not take responsibility for any outcomes that may emerge from your purchase of Ethereum Name Service. Nevertheless, we do offer simple and convenient ways for you to buy Ethereum Name Service quickly. The content on this website is not intended to be construed as endorsing any specific cryptocurrency or way to obtain it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

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