How to Use Enjin Wallet for Your ICO Investments

The ultimate guide for using the Enjin Wallet for your ICO investments.

Enjin
Enjin
5 min readFeb 20, 2018

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Creating a New Enjin Wallet

Don’t have your own Enjin Wallet? Follow this section to create it.

01-Install

First, you will need the Enjin Wallet installed from Google Play or the App Store.

Once you have downloaded the app, you will need to tap “CREATE WALLET,” read and accept the terms and conditions.

02-Password

Enter a strong password with at least 1 number and a minimum length of 8 characters. You will need to confirm your password again, just to make sure you have not mistyped anything.

03-Write Down the Recovery Phrase

It is extremely important that you you write down all 12 words of your recovery phrase and keep it safe. This will be your way to recover or access your wallet if you lose access to your device or app.

04-Verify the Recovery Phrase

Once you’re done with writing down your recovery phrase, you will be asked to enter in two random words from it. This is to make sure you have saved or written down your Recovery Phrase as it is one of the most important information you will need to keep.

05-Choose Coins & Tokens

Choose which coins or tokens you want in your wallet — you can change this at any time.

Enjin Wallet supports Bitcoin, Litecoin, Ethereum and all ERC-20 Tokens.

If a token is not on the list, you can add to as a custom token following this guide.

Once you have chosen your coins and tokens, create your wallet and the setup is complete. Make sure you remember your password and have your recovery phrase written down and kept safe.

Buying Cryptocurrency on Coinbase

You can buy Bitcoin or Ethereum with fiat currency from crypto-exchanges like Coinbase.

01-Register

You will need to register or log into your account at Coinbase.

02-Add a Payment Method

When logged into your account, click Buy/Sell at the top.

Now, you need to add a verified method of payment.

Tap “Add Payment Method” and choose between linking your bank account or add a credit/debit Card. Both methods require a form of verification — follow the instructions given by Coinbase and your payment method should be verified shortly.

03-Purchase ETH

Once you have a verified method of payment. Go back to the Buy/Sell page and select “Ethereum”.

Once you’ve selected “Ethereum”, choose your payment method and enter in the value you wish to purchase and confirm your order. Your account should shortly be credited with your order.

04-Transfer ETH

Now you will need to get the wallet address from your Enjin Wallet so you can send it to your wallet. Never send directly to an ICO from Coinbase or your ICO purchase may be lost.

Open your Enjin Wallet and tap on your ETH wallet and tap on “RECEIVE” at the top. You can find your wallet address here along with a QR code for your wallet address.

Copy your address so you have it ready to paste into your Coinbase account.

Go back to Coinbase and click Accounts at the top, then select your “ETH Wallet”.

Tap “Send”, paste your wallet address into the “Recipient” field and enter in the amount you wish to send to your wallet.

Confirm once you have checked everything is ok.

You should shortly receive and see the funds in your Enjin Wallet.

05- Contribute to ICO

Now, all you need is the Contract Address to send to, provided by the ICO you wish to contribute to. Make sure you visit the official website of the ICO to get the address.

Once you have the ICO Contract Address, go back to your ETH wallet and tap “SEND” at the top. You will need to enter the ICO Contract Address into the “Recipient” field and the amount you wish to send.

You can leave the “Sending Fee” to default for a fast transaction — or if the ICO requires you to enter a specific Gas Limit and Gas Price, you can use the “ADVANCED MODE”.

Confirm to sign and send your transaction.

Once you receive your tokens from the ICO, you may need to add it as a custom token if it is not on the Coin List.

You can find out how to do this here.

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Enjin
Enjin

Gaming Network & Smart Cryptocurrency for Gaming