Changelly announces that ENS tokens can now be easily and quickly exchanged with other digital assets at floating rates on our platform. Being a governance token of the ENS DAO, ENS is used for managing the treasury and key parameters of the ENS protocol.
The Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. ENS’s job is to map human-readable names like “alex.eth” to machine-readable identifiers, such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata. ENS also supports the “reverse resolution,” making it possible to associate metadata, such as canonical names or interface descriptions, with Ethereum addresses. Because of the hierarchical nature of ENS, anyone who owns a domain at any level may configure subdomains — for themselves or others — as desired. For instance, if Alex owns “alex.eth,” he can create “pay.alice.eth” and configure it as he wishes.
ENS is an open, public, and decentralized identity protocol that runs on the Ethereum blockchain. Users can register .ETH names native to ENS or import the names they already have into the DNS domain. These names can serve as cross-platform web3 username and profile and a decentralized website, becoming a single name for all of the users’ crypto addresses.
Changelly provides an ecosystem of products and services that enables customers to have a one-stop-shop experience when engaging with crypto.
Operating since 2015, Changelly acts as an intermediary between crypto exchanges and users, offering access to 200+ cryptocurrencies that can be effortlessly exchanged within 10 minutes on desktop and on the go via Changelly mobile app.
In 2020, Changelly branched out to accommodate the needs of traders. PRO has been built as a platform focused on the customer’s needs, effectively enabling retail buying and selling digital tokens and coins. Piggybacking on the great support system found within Changelly, Changelly PRO will provide the community with high limits, effective pricing, fast execution, and 24/7 live support.
Learn more about Changelly:
Changelly website: changelly.com
Changelly PRO website: pro.changelly.com
The post ENS Is Available on Changelly appeared first on Cryptocurrency News & Trading Tips – Crypto Blog by Changelly.
Credit: Source Link