Crypto.com exchange users can now trade ENS tokens on the platform and spend it at nearly 70 million merchants around the globe using the Crypto.com Visa Card.
Ethereum Name Service is a protocol that issues non-fungible tokens (NFTs) that can represent Ethereum addresses as well as web domains, with ENS representing the DAO governance token. As a result of the new listing, the token can be paired on the exchange with USD, EUR, GBP, and 20+ other fiat currencies.
ENS gained a lot of interest after .eth domain holders had received allocations worth upwards of $20,000, with the project’s circulating market cap sitting above $1 billion.
Crypto.com is a payment and cryptocurrency platform that empowers users to buy, sell, and pay with crypto. The founders of the platform envision a future where cryptocurrency is a standard investment class rather than a curiosity.
More information about the ENS token can be found here.