ENS - Ethereum Name Service

What is Ethereum Name Service (ENS)?

Ethereum Name Service, abbreviated as ENS, is a decentralized naming system built on the Ethereum blockchain. It provides users with the ability to replace long and complex Ethereum addresses with human-readable domain names. These domain names, which end in .eth, can be associated with users' wallet addresses and smart contracts, making it easier to send and receive cryptocurrencies and interact with decentralized applications (DApps). Notably, ENS has also introduced the concept of registering domain names as non-fungible tokens (NFTs), adding a new layer of utility and uniqueness to the naming system. Learn more

How to Deposit ENS Into Your Coinmetro Account

For all information on how to deposit ENS into your Coinmetro account, please see the following help center article: How to Deposit ENS.

As Coinmetro uses smart contracts for Ethereum and ERC-20 token deposits, the amount of gas required is slightly higher than a typical transfer. To be sure that your transaction is successful, please set the transaction gas limit to 55,000. The fee difference is minimal. If your gas limit is too low, the transaction will simply be rejected by the Ethereum network. There is no risk of loss of assets caused by a too-low gas limit.

If you're depositing from another exchange, it is important to ensure they support sending funds to ETH contracts or using a full ETH wallet as an intermediary.

How to Withdraw ENS From Your Coinmetro Account

For all information on how to withdraw ENS from your Coinmetro account, please see the following help center article: How to Withdraw ENS.

Important Note - To request a withdrawal, your account profile needs to be verified as well as having the funds to cover your withdrawal. The first time a withdrawal is made to a destination, the destination needs to be confirmed via e-mail. If you have 2-Factor Authentication enabled for withdrawals, you will be asked to input the code for each withdrawal, approved or not. We suggest enabling 2-Factor Authentication to protect your account.

Withdrawals waiting for approval can be canceled and the withdrawal status can be found by selecting the Wallet on your Coinmetro Dashboard. Please note that already-approved withdrawals cannot be canceled. If there is no Cancel button visible, this unfortunately means the withdrawal can no longer be canceled, and you will find a transaction ID (TXID) instead. This is a link to the relevant transaction hash on a Blockchain Explorer website where the status can be checked further.