Enjin Wallet Review
Enjin wallet is a secure and easy to use mobile cryptocurrency wallet (iOS/Android). It’s extremely simple to use and contains advanced features such as Dapp Browser, QR code airdrops and Cryptocurrency Exchanges. It’s the most secure mobile wallet we’ve tested with a two-layer security encryption and secure keyboard. Enjin wallet supports a wide range of cryptocurrencies such as Bitcoin, Ethereum (all ERC-20 and ERC-1155 Tokens), Binance Chain and Litecoin. Enjin wallet is created by as a companion to the Enjin Platform.
Best Software Wallet Award
Enjin Wallet is our Gold Award winner in the Free / Software wallet category. We were impressed by the wallet’s security features such as custom memory sweeps and double encryption. Enjin wallet is our top recommendation for any beginner who wants to keep their cryptocurrencies safe.
Ledger Nano X
CC EAL 5+
Ledger Nano S
CC EAL 5+
Security is the biggest concern for wallets as hackers are known to attack various wallets and attempt to steal funds. Enjinwallet offers the best in class security for mobile wallets.
- Two-layer encryption: Hardware AES and software encryption is employed on the lower and application layer respectively
- Secure keyboard: The protected keyboard bars keyloggers and/or data sniffers from tapping into your mobile device to steal data. It can also be randomized to increase security.
- Custom libraries: Enjin Wallet features custom libraries that remove the private keys from the device memory after use – significantly reducing the attack service.
- Protection processor flaws: special code is put in place to deal with flaws in ARM processors.
- Security Audited: ORU security team found no issues that could be used to compromise the wallet or the cryptographic keys stored in the system (full security report here)
- Samsung Blockchain Keystore support: Enjin supports the Samsung Blockchain Keystore for private key protection under Samsung’s military grade security Knox.
Mobile wallets are classified as a “Hot Wallet” – meaning this wallet is connected to the internet. The Enjin team has devised special counter-measures to deal with hackers attempting to steal cryptocurrencies. All private keys are double encrypted the private keys, so even if hackers stole the file it cannot be decrypted. On top of this, the special designed Enjin keyboard deals with keyloggers – making sure that the on-device decryption process is safe. Lastly Enjin used custom libraries to wipe the private key from device memory once the transaction is sent – unlike other mobile wallets.
We added many security features that regular wallets don’t have. Enjin Wallet cannot be Keylogged and not affected by CPU flaws like Meltdown and Specture.Witek Radomski CTO of Enjin
Hot wallets are generally considered less safe due to possible device based vulnerabilities (CPU or Memory flaws) which could compromise the security of the mobile phone. That being said, Enjin wallet’s can be considered to be the best out of all mobile wallets. For large amounts of cryptocurrency storage, we recommend the use of cold wallets like the Ledger Nano X.
We found the security of Enjin Wallet to be the best among mobile wallets, with external security audits confirming our viewpoint. We give it the highest security rating of 4/5 – the highest possible rating for “hot wallets“.
QR Airdrops (Enjin Beam)
The best Enjin Wallet feature is the Enjin Beam – aka – QR Giveaway. Giveaways can be claimed on the Enjin Wallet via the “Scan QR” feature. These giveaways could be found on various websites, games, and promotions on the Boxmining Channel.
Coins supported by the Enjin Wallet
The Enjin wallet supports the storage of Bitcoin (BTC), Ethereum (ETH), Binance Chain, Litecoin, & Ethereum-based tokens. For Ethereum-based tokens, Enjin supports those created using the ERC20, or ERC1155 standards.
Did you know that Enjin introduced the ERC1155 token standard? Learn more with our ERC1155 token explainer.
These ERC1155 tokens fit into the Enjin ecosystem as these tokens can represent in-game assets. This fits perfectly into Enjin’s game development ecosystem for blockchain-based games.
Multi-currency Support: 4/5
Collective Non-Fungible Token (NFT) support
Among the supported Ethereum-based tokens are NFTs. You can receive, send or melt these NFTs using the Enjin wallet. The NFTs can be collectable items or in-game assets.
I frequently have giveaways of these Boxmining collectable items as a way to say “Thank you!!” to our fans. Subscribe to my YouTube channel and click the notification bell so you don’t miss out!
How to download the Enjin Wallet?
Enjin Wallet Marketplace
Digital Collectible items (ERC-1155 tokens) can be directly sold on the Enjin marketplace using the built in features of the Enjin Wallet. This first of a kind feature allows gamers to trade items safely without any risk by using ethereum smart contracts. Items can be listed on the marketplace by using the “sell” feature in the Collectibles tab. The procedure is a 1 step process where seller directly inputs a selling price and confirms by executing the contract on Ethereum (paying gas in the process). The item will be directly listed on the Enjin Marketplace for public purchase.
Bring NFTs to Video Games
One of the key features unique to the Enjin Wallet is the ability to bind the wallet to various video games. This feature directly allows players to bring their NFT assets into different video games. This allows players to truly own digital assets – the items are not stored centrally on databases but on the ethereum blockchain instead.
Enjin wallet includes one of the best Decentralized App Browser we’ve ever seen. The clean UI interface displaces the various Exchanges, Financial, Games and Social Media Services.
Import from other wallets
The Enjin wallet allows coins to be imported from other cryptocurrency wallets. Examples of cryptocurrency wallets are: Bread, Eidoo, Exodus, Coinomi, MetaMask, Trezor Model T, Ledger Nano S, Ledger Nano X and Jaxx.
Interestingly, the wallet uses an extremely interactive and secure user interface. This eliminates the confusion of copying and pasting addresses.
Screenshot Blocking and Random Access Memory (RAM) Encryption
To improve Enjin wallet’s security, the wallet’s operating system level restricts screenshots and video recording. On the memory level, transactions are conducted on a secure RAM.
With the Enjin wallet, you can install it on any supported mobile device. You can restore your digital wealth using the 12-word recovery phrase.
I personally store small amounts of crypto on the Enjin Wallet so I can trade, or pay or receive crypto on the go. It has an easy to understand interface with a wide range of supported coins. So I have no hesitation to use it as my primary wallet.
I have friends new to crypto who were completely overwhelmed when hearing other people talk about hardware wallets, exchanges and crazy hacks. I showed them my Enjin Wallet and it only took them 30 minutes to master.
Update: it’s been about 6 months since my friends downloaded the Enjin wallet. At first I sold them a small amount of Bitcoin I had to get started. Now they’re setting up accounts on Binance Exchange and buying Bitcoin with their credit cards, watching the markets and trading every so often. In reflection, I think that if it weren’t for the Enjin Wallet, they would probably have been completely turned off by the complexity of getting started trading cryptocurrencies. Because after all, trading cryptocurrencies is quite a high entry point to start with unlike stocks where you can just approach the bank and they will set you up with an account and guide you through the process.
Security Rating: 4/5
Multi-currency Support: 4/5
Software Design: 5/5
Ease of Use: 5/5
Final Score: 4.5/5
Remember to check out our Enjin Guide to learn more about Enjin’s ecosystem and what’s next for Enjin.
Successfully set up your Enjin wallet? Now it’s time to get started with trading Bitcoin and other cryptocurrencies! Check out my course created in collaboration with Jeff Kirdeikis of Uptrennd- Bitcademy: Learn, Invest & Trade Bitcoin – In Under an Hour
Update 1st October 2019: Added Enjin Marketplace details and features.
Update 23 March 2020: Added comments on user experiences.