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Author Topic: Trying to withdraw ENJ from 1 exchange to 2 - issues  (Read 89 times)
zigger33 (OP)
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December 01, 2023, 06:02:04 PM
 #1

Hello Guys,


i hope you can help ore give me a recomendation


i have ENJ coin on one exchange and the only option to withdraw is through  network:  Enjin Relay Chain  ,     the second exchange has the only option to deposit via network : ENJ ERC20 - which is not a compatible network...

so what can i do here ?  is there any posibility to send this to DEFI wallet such as TRUST ore METAMASK  and somehow make a swap there ?

i also couldnt find the network Enjin Relay Chain to add inside the TRUST wallet


help ?
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December 01, 2023, 06:07:10 PM
 #2

If the coin is not supported by the exchange, or not supporting the network, convert to the coin that both exchanges are supporting or having the same network, make sure that the coin is of low fee. Send the coin to the other exchange and exchange the coin you converted to back to the coin you converted it from.

Example is to convert ENJ to LTC > send it to the other exchange > convert LTC back to ENJ on the other exchange. Done.

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zigger33 (OP)
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December 01, 2023, 06:17:07 PM
 #3

i know this but i would like to know if there is an option for my question
AbuBhakar
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December 01, 2023, 06:18:27 PM
 #4

Hello Guys,


i hope you can help ore give me a recomendation


i have ENJ coin on one exchange and the only option to withdraw is through  network:  Enjin Relay Chain  ,     the second exchange has the only option to deposit via network : ENJ ERC20 - which is not a compatible network...

so what can i do here ?  is there any posibility to send this to DEFI wallet such as TRUST ore METAMASK  and somehow make a swap there ?

i also couldnt find the network Enjin Relay Chain to add inside the TRUST wallet


help ?

Enjin Relay Chain is different blockchain so don’t attempt to send token from different blockchain such as ERC20 directly. You will need to bridge it first to different blockchain.

Enjin Relay Chain is not yet supported by Metamask or Trustwallet since I don’t see any RPC network settings for it since it’s just new. Your best chance is to download the official ENJ wallet and check whether they support the Enjin new chain.

https://enjin.io/products/wallet

.
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December 01, 2023, 08:04:56 PM
 #5

Hello Guys,


i hope you can help ore give me a recomendation


i have ENJ coin on one exchange and the only option to withdraw is through  network:  Enjin Relay Chain  ,     the second exchange has the only option to deposit via network : ENJ ERC20 - which is not a compatible network...

so what can i do here ?  is there any posibility to send this to DEFI wallet such as TRUST ore METAMASK  and somehow make a swap there ?

i also couldnt find the network Enjin Relay Chain to add inside the TRUST wallet


help ?
You could try OKX.com
I have checked out and its accepting Enjin Relay Chain deposits.

You could also read up further more discussions about it.
https://www.reddit.com/r/EnjinCoin/comments/17f8m12/which_exchange_supports_the_new_enj_matrixchain/?rdt=59251

So  they have migrated on a new chain instead of erc20. Its a good choice imho.
Did check out the price then it is really actually climbing up.

R


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December 01, 2023, 08:27:04 PM
 #6

i know this but i would like to know if there is an option for my question

The most suitable option currently you have is just to find a P2P trade opportunity, Even on a forum you can trade with some of the users if they are interested in the trade, look for the exchange offer in the Altcoin marketplace, you can also create a topic for your trade.

zigger33 (OP)
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December 01, 2023, 08:34:26 PM
 #7

the new wallet supperts he enjin wallet but how to swap it for BEP20 chain ?!?
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December 01, 2023, 11:50:24 PM
 #8

If the mainnet is already up, then that means most exchanges will be trying to move away from ERC20. Go luck finding exchanges where one can try to withdraw ENJ ERC20 because you are likely not going to find many. It's just common sense.

If you are trying to look for away for arbitrage trading, then forget about it. The price difference is majorly because of the ENJ mainnet - ENJ ERC20 barrier.

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December 02, 2023, 04:25:08 AM
 #9

i have ENJ coin on one exchange and the only option to withdraw is through  network:  Enjin Relay Chain  ,     the second exchange has the only option to deposit via network : ENJ ERC20 - which is not a compatible network...

so what can i do here ?  is there any posibility to send this to DEFI wallet such as TRUST ore METAMASK  and somehow make a swap there ?
You have two choices but both will need you to pay withdrawal fee on the exchange you are currently storing your ENJ there.

You can find many exchanges support ENJ on Relay Chain for deposit and move your ENJ there directly. Because the second exchange you are using does not support Relay chain for deposit of ENJ, you will have to find another exchange.

Second option is to move your ENJ from that exchange (must pay withdrawal fee) to your web3 non custodial wallet on Relay Chain. Be aware that you only can swap coins, tokens on a same chain. You can use bridges but they are risky and many big hacks on cryptocurrency bridges. Don't use them if you can do it even with a middle step between chains and exchanges.

Check withdrawal fee and supported chains of exchanges for ENJ https://coinmarketfees.com/enjin-coin

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December 02, 2023, 08:08:05 AM
 #10

If the coin is not supported by the exchange, or not supporting the network, convert to the coin that both exchanges are supporting or having the same network, make sure that the coin is of low fee. Send the coin to the other exchange and exchange the coin you converted to back to the coin you converted it from.

Example is to convert ENJ to LTC > send it to the other exchange > convert LTC back to ENJ on the other exchange. Done.

I think that your method is more reasonable in situations like the one OP finds himself, it's a good alternative for him. If his coin is not supported by his exchange or network, the let him look for an exchange that supports the two, then convert back to his coin. He just needs to consider the fees that is involved in all process.

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December 02, 2023, 12:39:47 PM
 #11

They have a step by step guide of migrating token version to native coin using their wallet[1], it looks like they will no longer support the ERC20 network once all circulating amounts have been migrated. I think you will no longer be able to exchange otherwise because the tokens will be automatically sent to the burning address.
Quote
A: Your existing ERC-20 tokens will be burned through transfer to a burn address, and mainnet ENJ tokens will be sent to the Enjin Blockchain address you select. You will no longer be able to access your existing tokens after initiating the migration for these tokens.


1. https://enjin.io/blog/enjin-token-migration-faqs

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December 02, 2023, 03:35:22 PM
 #12

Hello Guys,


i hope you can help ore give me a recomendation


i have ENJ coin on one exchange and the only option to withdraw is through  network:  Enjin Relay Chain  ,     the second exchange has the only option to deposit via network : ENJ ERC20 - which is not a compatible network...

so what can i do here ?  is there any posibility to send this to DEFI wallet such as TRUST ore METAMASK  and somehow make a swap there ?

i also couldnt find the network Enjin Relay Chain to add inside the TRUST wallet


help ?
If you can't find or can't add network of Enjin relaychain in Trust Wallet or any wallet such as Coinbase, I recommend to trade it with usdt pair before transferring to another exchange or wallet, it supports multiple networks. If you're going to withdraw it to buy goods then this is a good idea. You can benefit of having the low fee if you use Binance Chain network, and the confirmation is so fast. Personally, I convert my asset into usdt and I use P2P if i'm going to withdraw some funds.

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December 02, 2023, 03:41:36 PM
 #13

the new wallet supperts he enjin wallet but how to swap it for BEP20 chain ?!?

AFAIK, There’s no BEP20 version of this token since there’s no available smart contract address available for BEP20 when I check on CMC and Coingecko info. Your best shot is find a bridge that support this token and check what’s the possible blockchain option which you can migrate your token to different blockchain.

Only ERC20 and Solana are your choices to bridge your Mainnet token right now.

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December 02, 2023, 04:20:11 PM
 #14

Can you swap your ENJ coin in the first exchange where you have them, if yes then swap them into some other coin like Matic, BNB, or whatever coin costs you less money but keep in mind to check that pair in which you are going to swap in the first exchange, does that pair also exists on the second exchange you are going to use for swaping?

Because if you convert ENJ-->USDT then you have to see if another exchange also provides USDT-->ENJ pair to get you back your ENJ coins.

I did not make any transactions on this network before but the solution is straightforward forward maybe an experienced user can direct you to a better solution but I hope it will also work for you.

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December 02, 2023, 06:29:36 PM
 #15

I don't know what exchange are you using and what other exchange you are planning to send funds to because you did not mention them but if you want to withdraw funds on your trust wallet then you should click on the search option and search for ENJ coin either its erc 20 or any other it does not matter because on checking I saw on Binance that it only shows the single network, that you have mentioned above of relay chain.

But you can also deposit funds on a trust wallet directly within it, when you click on the ENJ coin you should click on receive, and then at the bottom you will find an option for a deposit from the exchange and on clicking it, you will find the compatible exchange and when I checked it only showed coinbase on my side, if you have funds on coinbase then you can withdraw them directly from the trust wallet by connecting it to coinbase directly from that deposit option if you move forward you will find how to do it.
An alternative way might be to convert your token into some other token and then send it to your required exchange.

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