ENS (Ethereum Name Service) is a distributed, open, and extensible naming system based on the Ethereum blockchain.
ENS enables a user to associate a memorable .eth domain name with their public key hash.
The ENS is the same as the Ethereum wallet address that you have been using for different transactions. You can have your own ENS domain name like bitcoinexample.eth. Whenever people send funds to this address they will be routed automatically to your wallet without any confusion or errors such as when sending money to an exchange wallet not belonging to you.
You can find out where to claim your ENS on the board below:
Top 5 platforms to buy cryptocurrency for beginners.
An answer to this question is provided by AI cryptobot. Let us know how much you liked it and give it a rating.
Disclaimer: The content of this website does not constitute financial, investment or trading advice. AICrypto.Tips does not recommend purchasing any cryptocurrency. Crypto markets tend to be highly volatile and crypto investments can come with a lot of risk. Be sure to do your own research on cryptocurrencies and consult with your financial advisor before investing money in crypto.