Last update: Jun 6, 2022

How to Buy Enzyme (MLN)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Enzyme. Depending on where you live, you’ll have various exchanges to choose from.

In this guide, we not only cover the top 3 global crypto trading platforms, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Enzyme

How to Buy Enzyme – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Enzyme of course.

2. Sign up with the crypto exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger trading platforms.

4. Buy Enzyme

Now that you have what you need to buy Enzyme, head over to the market or buy section of the crypto exchange and buy some MLN.

If the crypto exchange doesn’t have any Enzyme on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Enzyme first), and trade your Ethereum for Enzyme.

Where to Buy Enzyme (MLN)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Enzyme

  1. Sign into the exchange where you bought Enzyme.
  2. Move your Enzyme to the right place on the exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell Enzyme.

 

Crypto trading

How to Buy Enzyme (MLN) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Enzyme in Australia, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy Enzyme if it’s available. If the exchange doesn’t have Enzyme. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Enzyme), and trade your ETH for Enzyme.

If you’d like to know more about the exchanges we prefer, read our list of the best bitcoin trading platforms in Australia.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy Enzyme (MLN) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Enzyme in Canada, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy Enzyme if it’s available. If the exchange doesn’t have Enzyme. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Enzyme), and trade your ETH for Enzyme.

Alternatively, if you want to learn more about the exchanges we like, check our comparison of the best Canadian crypto exchanges.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy Enzyme (MLN) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Enzyme in the UK, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy Enzyme if it’s available. If the exchange doesn’t have Enzyme. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Enzyme), and trade your ETH for Enzyme.

It’s also possible to check out our comparison of the places where to buy cryptocurrency in the UK If you’re curious to know more about which exchanges we prefer.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying Enzyme? MLN Rundown

Web3 is likely to take some time due to the amount of work required. We are seeing projects that build bridges to other chains. Meanwhile, in the DeFi sector new projects are being developed with the aim of making DeFi more accessible and easier to manage.

Enzyme, a project that was developed as a DeFi asset management system for funds, is an excellent example. Investment clubs, DAO Treasurys, and other companies can all plug in to the system. The project acts as an aggregator for protocols and facilitates interactions with the rest in the DeFi sector. This project aims to make asset management as easy as possible. It eventually leads to increased adoption of DeFi and, through it, blockchain.

Enzyme is more than just a DeFi tool. It solves problems and offers benefits that can be used by the entire DeFi industry. Take, for example:

Since the inception of the crypto industry, transparency has been a key word. Since Bitcoin's genesis, the potential to eradicate corruption, theft, and scams by making all transactions transparent, visible, and accessible for everyone to see, has existed. Enzyme takes it one step further. It aims to make sure that every aspect of the execution of strategies is transparent, including all information about how they were set up, operated and how they were composed.

Enzyme also aims to provide access to the growing universe of DeFi tokens, protocols and other information. DeFi, as it stands now, is a small representation of the blockchain universe. All projects exist within their own bubbles and can be found everywhere. Web3 aims to bring them together into one network that makes it easy to jump between them. Enzyme, in the same way, aims to connect all DeFi protocols so users can access them from one place without having to navigate manually. Enzyme allows you to do everything through Enzyme, including lending, staking, liquidity, investing in insurance mutuals, and more.

Enzyme contributes to crypto and blockchain adoption by making DeFi strategies easily accessible and transparent. Convenience and ease of use are the key ingredients in any industry that uses blockchain technology. To make crypto and blockchain more popular, it must be accessible to people who can use them.

They must be easy enough to understand and use by everyone in order to make them useful.

While we have discussed how Enzyme could help the DeFi and blockchain industries, let's look at how it can benefit you personally. If you're considering joining this project, there are some benefits that you should be aware of. Here are some examples:

Enzyme allows you to have full custody of your assets. Enzyme makes it possible for depositors to communicate with vaults in a noncustodial manner, where there is minimal trust. You are in control and make all decisions. This is intended to empower you.

Enzyme allows users to create and scale vaults according to the investment strategies they choose. This can be anything from discretionary or robo to whole ETFs and market making. Security is the number one priority. Before any deployments to the mainnet, the smart contract-enforced platform of the project is tested thoroughly and audited.

Enzyme is a decentralized asset management system that uses Enzyme Smart Vaaults. Individuals and entire communities can use their time and effort to build, scale, and monetize investment or execution strategies that are based on the latest innovations in decentralized finance.

Related:

author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.