Ethereum Name Service Trading 9.8% Higher This Week (ENS)

Ethereum Name Service (ENS) traded down 3.8% against the dollar during the 24 hour period ending at 15:00 PM Eastern on April 24th. During the last week, Ethereum Name Service has traded up 9.8% against the dollar. One Ethereum Name Service token can now be bought for approximately $14.93 or 0.00023304 BTC on major cryptocurrency exchanges. Ethereum Name Service has a market capitalization of $465.66 million and $28.75 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours.

Ethereum Name Service Profile

Ethereum Name Service (CRYPTO:ENS) is a Proof-of-Work token that uses the Ethash hashing algorithm. Its launch date was August 11th, 2021. Ethereum Name Service’s total supply is 100,000,000 tokens and its circulating supply is 31,179,978 tokens. Ethereum Name Service’s official message board is ens.mirror.xyz. Ethereum Name Service’s official Twitter account is @ensdomains and its Facebook page is accessible here. Ethereum Name Service’s official website is ens.domains.

According to CryptoCompare, “Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain created by the Ethereum Foundation and developed with the help of a community of developers. It is used to create human-readable names for Ethereum addresses to identify counter-parties and transfer funds quickly, securely and without the need for long addresses.”

Buying and Selling Ethereum Name Service

It is usually not possible to purchase alternative cryptocurrencies such as Ethereum Name Service directly using US dollars. Investors seeking to trade Ethereum Name Service should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Name Service using one of the exchanges listed above.

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