Secret contracts would operate off-chain, meaning the execution of the contract doesn’t occur on the Ethereum blockchain, but rather sorts any related data into pieces, encrypts those pieces, and distributes them redundantly among Enigma nodes.
How to Buy ENG on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing ENG. Some reputable platforms include LBNK, Okx, Kraken, and others.
Step 2: Register an Account
Here, we'll register an account on the OKX (registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing ENG.
Step 5: Purchase ENG
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of ENG you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy ENG.
Step 6: Store Your ENG
After purchasing, you can choose to store your ENG in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and ENG assets, be sure to use a strong password and enable two-factor authentication.
ENG Price:Enigma (ENG) is a crypto platform that’s trying to solve the problem of privacy on the blockchain by giving access to data storage and privacy while remaining scalable. The price fluctuates daily, and as of first half of 2024, the highest price for ENG was $8.30.
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