Ethereum Name Service price and where to buy ENS

What is Ethereum Name Service?

The Ethereum Name Service maps readable names ending in .eth to wallet addresses and other data, so you can send funds to a name instead of a long address. ENS is its governance token; the names themselves are registered and renewed with ETH.

How to buy Ethereum Name Service, step by step

1. Pick an exchange. ENS is listed on every exchange we track. Compare fees, funding options and whether it serves your country in our exchange reviews.
2. Create and verify your account. Regulated exchanges ask for identity documents before you can deposit fiat.
3. Fund the account. A bank transfer or a stablecoin deposit usually costs far less than a card payment.
4. Buy ENS. Use the ENS/USDT or ENS/USD market, and check the cheapest venue in the table above first.
5. Decide where to keep it. On the exchange is simplest, but the exchange then holds your coins. ENS is a token on Ethereum, so withdrawing it costs an Ethereum network fee.

Where to buy Ethereum Name Service at the best price

The cheapest venue right now is marked in the table above. Add its trading fee before comparing: on ENS the venues disagree by about 0.23 percent on average, so on a small purchase the fee and the funding method usually matter more.

• The price on that venue. Each row shows the gap to our composite.
• The trading fee. Our fee comparison lists spot fees side by side.
• How you fund the account. A bank transfer or stablecoin deposit is usually far cheaper than a card payment, which often costs several percent.

Why the Ethereum Name Service price differs between exchanges

In our minute-by-minute measurement the gap between the highest and lowest venue averaged about 0.23 percent, against about 0.025 percent for Bitcoin. It went above half a percent in about 36 minutes out of every thousand, and reached about 1.4 percent at its widest.

Just under half of the ENS spot volume we track trades on a single venue. The spread figure at the top of this page is the live measurement; our guide on why crypto prices differ between exchanges explains the mechanism.

What moves the Ethereum Name Service price

The wider crypto market, and in ENS’s case its own news too. In our hourly composite, ENS moved with Bitcoin at a correlation of about 0.67, where 1 would mean identical moves, and its moves were about three times the size of Bitcoin’s.

ENS-specific drivers come on top: name registrations, governance decisions and leverage. In our data it followed Bitcoin more closely than most coins at this size. The funding rates on this page show whether leveraged traders are paying to be long or short right now.

Pros and cons of Ethereum Name Service

Pros

• Governance over a widely used naming system.
• Its volume is spread across venues rather than concentrated on one.

Cons

• The token is not needed to register names, which are paid in ETH.
• One of the widest price gaps between exchanges we track.
• It trades far below its all-time high of about $83.4.

Ethereum Name Service’s highest price

Ethereum Name Service’s all-time high is about $83.4 on volume-weighted data. The chart above shows the last 30 days of our composite, and the ENS to USD converter applies the live price to any amount.