How to Buy Enzyme Finance (MLN)

Launched in 2017, Enzyme Finance, formerly Melon, offers a new kind of platform for creating and managing custom asset portfolios that runs on the Ethereum blockchain. 

By buying MLN, Enzyme Finance's cryptocurrency, you’ll ensure you have the tools necessary to build or invest in funds, whether you’re doing so for your own portfolio management, on behalf of clients or you want to launch a new token running on the Enzyme blockchain. 

If this all sounds too complex, we’ve put together a more robust introductory guide that explains how Enzyme Finance works and why MLN might be right for certain investors and traders you can read. 

 

Enzyme Finance (Melon protocol) is designed to encourage a decentralized network to facilitate the key services carried out today by more traditional asset management firms. 

As such, you’ll need to buy MLN to pay to use its features and the computational power it will draw from computers on its network. But, there are other reasons you may need to own MLN. 

As with any cryptocurrency, you can buy MLN from no shortage of places on the internet. However, you may find that it is easiest to purchase through a trusted global exchange.

Kraken offers a wide selection of crypto assets and traditional currencies, with over 100 trading pairs. This means whether you want to sell BTC or LTC for MLN, we can provide a robust and active global market with industry-leading liquidity. 

At Kraken, we take security seriously, with technology and procedures designed to safeguard all of our client funds. We don’t cut corners when it comes to security, and neither should you. 

Follow the steps below to start buying Enzyme Finance MLN on Kraken:

1. Sign up for a Kraken account.
   First, enter an email address, create a new username and set a password that meets our recommended requirements.

2. Verify your account.
   After providing your name, date of birth, country of residence and phone number, you can buy MLN with cryptocurrencies like ETH and BTC. In order to use cash (i.e. EUR or GBP), you’ll need to provide our experts with additional supporting documents verifying your identity. Read about our verification processes here.

3. Deposit cash.
   You can fund your Kraken account in a number of ways. How you do so will depend upon your location and preferences.

4. Purchase MLN!
   Once your account is funded, you can start buying MLN with the help of our advanced charting tools and trading features.

Once you buy MLN, you’ll need somewhere to safely store your cryptocurrency, especially if you’re not expecting to immediately spend it. 

Kraken prides itself on security, but it’s always safest to store your MLN in a wallet, a software or hardware application that stores the private keys that guarantee your ownership of MLN.

There are many types of Enzyme Finance wallets available. Mobile and web wallets can make transactions easy, while hardware wallets are perhaps best suited for secure, long-term storage. 

When choosing a crypto wallet for your MLN, first spend some time thinking about what you plan to do with your tokens to find a wallet that fits your needs.

A world of crypto asset funds awaits, so if you’re ready to begin, click the button below to buy Enzyme Finance MLN on Kraken today!