In the digital age, the value of ENS (Ethereum Name Service) domain names has become increasingly prominent and has become a hot topic in the field of digital asset trading. This article will take you to explore all aspects of ENS domain name trading and unveil the mystery of ENS domain name trading for you.

In the introductory tutorial map of ENS domain name trading, the first thing to do is to understand the basic concepts of ENS domain names. ENS domain names are a domain name system on the Ethereum blockchain, similar to the domain name system on the traditional Internet, but more decentralized and secure. In the ENS system, domain names are mapped to Ethereum addresses, making it convenient for users to send and receive cryptocurrencies. Therefore, ENS domain names are not only an identity identifier, but also a part of digital assets.

As the value of ENS domain names continues to rise, more and more investors are pouring into the ENS domain name trading market. Before trading ENS domain names, you need to create an ENS domain name wallet and make sure there is enough ether in the wallet to pay the transaction fee. In addition, you also need to choose a reliable ENS domain name trading platform, such as OpenSea or ENSListing, to ensure that the transaction process is safe and reliable.

When choosing an ENS domain name, you can consider some strategies, such as choosing a short and easy-to-remember domain name, a domain name containing popular keywords, or a domain name related to you or your business, to increase the value and attractiveness of the domain name. At the same time, you can also obtain the desired ENS domain name through auctions, private transactions, or market purchases.

Once you have successfully obtained the ideal ENS domain name, the next step is to manage and trade these domain names. You can transfer your ENS domain name to others at any time, or you can put it up for sale to obtain higher returns. In ENS domain name transactions, market demand and domain name scarcity are the key factors that determine the price, so it is crucial to keep abreast of market trends and changes in domain name value.

In addition to traditional ENS domain name transactions, a new type of transaction has emerged in recent years, namely NFT (Non-Fungible Token) ENS domain name transactions. NFT is a digital asset based on blockchain technology. Each NFT has a unique identity and ownership, which brings new possibilities to the transaction of ENS domain names. Through NFT-based ENS domain names, users can more intuitively display and trade their digital assets, attracting more attention and participation from investors.

In general, ENS domain name trading, as a highlight in the field of digital asset trading, not only provides users with new investment opportunities, but also promotes the development and application of blockchain technology. With the continuous development and growth of the blockchain industry, ENS domain name trading will surely become an important part of the future digital economy, bringing more convenience and opportunities to users. Let us explore the mystery of ENS domain name trading and open a new chapter in digital asset trading!

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

ENS is the governance token of the Ethereum Name Service DAO, a distributed, open and scalable naming system based on the Ethereum blockchain. The job of ENS is to map human-readable names to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes and metadata, and it also supports reverse resolution, which can associate metadata with Ethereum addresses. ENS has similar goals to the Internet's domain name service DNS, but its architecture is very different due to the functions and limitations provided by the Ethereum blockchain. So how do you trade ENS domain names? Let the coin circle editor bring you an introductory tutorial on ENS domain name trading.

 How to trade ENS domain names?

1. Open the website to connect to the wallet address that owns the ENS domain name

2. Click Get Started, and the eligible wallet will display the specific reward, click to confirm (start your claim process)

3. Click Next, select agree for all four articles, and then click Sign to sign

4. Search or select any ENS representative and confirm, which will consume a handling fee. The claim is complete.

5. After the claim is completed, you can directly open Uniswap for trading

Uniswap URL:

Search ENS directly in Uniswap, or search with the ENS address (ENS token address: 0x23ADd49dfDEF107045BD69845DDaDbb7293B819f)

On the first day of ENS online claim and trading, gas is high and volatility is large. If you want to sell quickly at a price, it is recommended to set the slippage to 5% and the gas fee to Rapid level.

 Features of ENS domain names

Scarcity: Although some companies, Web 3.0 developers and others are buying ENS domain names to register their businesses, websites, applications, etc., the current surge is not because of this.

Instead, the current trend is because crypto traders have understood that there can only be so many .eth addresses and that certain domain names are unique. This is what makes them valuable.

According to a note from Delphi Digital, “Traders are trying to take advantage of the hype (limited and unique .eth domains).”

FOMO: Delphi Digital also noted that there may be FOMO (fear of missing out) here, as the surge began immediately after the 000.eth domain was sold for 300 ETH.

“This surge may be due to the ENS address 000.eth being purchased for a record-breaking 300 ETH,” Delphi Digital said.

Moreover, this phenomenon is not the first time. As early as April 2022, three-letter and four-letter ENS domains on the secondary trading platform OpenSea surged due to a lot of speculation from market participants. This is because three-letter and four-letter ENS domains are rare and unique, and therefore non-fungible.

Ethereum co-founder Vitalik Butterin once said on Twitter two years ago in August 2020, “Three and four-letter ENS names: They are fixed supply assets, and, you can do things with them!”

Gas fee: Crypto blockchain gas fee refers to the cost of conducting transactions on the corresponding blockchain. This fee is paid to the miners of the blockchain to include the user's transaction into the blocks of the blockchain. The fee is not static, but depends on various factors such as the quality of the blockchain, network congestion, transaction type, etc.

I hope that through the above ENS domain name trading tutorial diagram, everyone can learn how to trade ENS domain names. Similar to Web
2.0 domains, which we call URLs, ending with .org, .com, .net, etc., ENS also aims to do this, but for Web 3.0, blockchain websites and applications. In the Web
2.0 era, the IP address of a website server or computer was converted into simple English or other human language text and registered through the Domain Name Service (DNS), which search engines such as Google used for indexing. Without this service, Internet browsing in the Web
2.0 era would not be as easy as it is today.