Enjin Wallet Review

10

Updated 18 June 2019

Enjin Wallet Review
Enjin Wallet Review

Enjin Wallet Review Summary

Enjin wallet is a secure and easy to use mobile cryptocurrency wallet. It’s extremely simple and intuitive, with advanced features such as Dapp Browser, QR code airdrops and Cryptocurrency Exchanges. The two-layer security features are top of the class for mobile devices. Enjin wallet is definitely our top recommendation.

To learn more about Enjin check out our Enjin (ENJ) Guide.

How to download the Enjin Wallet?

The wallet is available for use on mobile devices powered by iOS or Android operating systems. Download the Enjin wallet on the Apple App Store or Google Play Store.

Security Features

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 (during an Interview with Michael)

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“.

Security: 4/5

QR Airdrops (Enjin Beam)

Enjin Beam QR giveaway
Enjin Beam QR giveaway

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.

The wallet allows users to sort, view, and show virtual currency balances in your local currency. Enjin’s partners Bancor, Kyber, and Changelly allow you to easily swap tokens.

Enjin Wallet Exchange Interface
Enjin Wallet Cryptocurrecy Exchange Interface

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.

You can use the wallet to trade NFTs with your friends and there are Telegram forums dedicated to buying and trading collectibles!

Boxmining NFT collectable items
Boxmining NFT collectable items

To learn about all the games in the Enjin Multiverse. Check out the guide produced by Everything Enjin. At the Enjin Mintshop you can even create your very own NFTs!

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!

Bring NFTs to Video Games

Link Enjin Wallet Interface
Link Enjin Wallet Interface in Forgotten Artifacts

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.

Dapp Browser

Enjin Dapp Browser Support
Enjin Dapp Browser Support

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.

Wallet Recovery

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.

Conclusion

Ledger Nano XLedger Nano STrezor OneTrezor Model TKeepKeyEnjin Wallet
Price $119 $59 $78 $170 $79Free (iOS, Android)
Release Date201920162014201820152019
Security Certification CC EAL 5+ CC EAL 5+ XXXORU audit
Review Rating (out of 5)4.4 3.93.754.253.54.5

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. Now they are actively trading casually.

We also found the security of Enjin Wallet to be the best among mobile wallets, with external security audits confirming our viewpoint.

Final Verdict
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.

10 COMMENTS

  1. Such a great wallet and Enjin the perfect example of how to create a new economy. I love they way Matterborn is fully applying the Enjin Wallet features!

  2. Thanks for the article Michael, I really like the easy usability of the Enjin wallet and good security also one of the best looking wallets out there in my opinion very visually appealing, one of my favorite features is the QR code drops with an easy scan you can claim your own forever to keep items, I can’t wait for the future updates such as being able to create your own QR Code.

  3. I’ve already have quite a few wallets now, just like the most of us. There are many features that I like, amongst them;
    1) Non Fungible Token (NFT). I’m just trying to collect as many as possible.
    2) Ease of use
    3) multi coin support and it keeps increasing.

    The MOST IMPORTANT feature that I like is improvements that it is making. I’m not a Techie, so I can’t comment much about security. But it is almost as if THE ENJIN TEAM makes EXPONENTIAL improvements. They seem to keep their heads down, work hard and keeps producing results. I’m not sure how long they can keep going. But I hope they will be an EXAMPLE for the rest of our Crypto Community.

    Keep up the good work 🙂

  4. The easy of use, security and integrated tokens swap makes this the best wallet.
    Being able to play a game and pick up loot and see that popping out in your wallet in seconds is amazing.

  5. Best wallet I use and I believe it will push main stream adopting for crypto by dominating the gaming business and forcing other studios to adopt the ERC 1155 token standard for game item monetization. The Enjin wallet will be a household name to gamers very soon with the release on Space Missfits and other games that will follow their lead. Please do an in depth video on the blockchain gaming space and contrast the various projects vying for top dog.

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