How To Use .CFD To Register Your ENS Wallet Name

Earlier, the ENS wallet was only able to support .eth addresses. Which meant, users could not connect their already pre-existing websites with their .eth names to transfer funds.

 

However, with the recent transformation, ENS now supports most DNS names including .CFD. This enables users to connect their existing website to their Ethereum wallet by registering it with ENS. Any cryptocurrency sent to mywallet.cfd will be transferred directly to your Ethereum address.

 

By using ENS, .CFD domain names will be distinguished from .eth domain names, which implies that payments transferred to mywallet.cfd will not be redirected to the Ethereum address associated with mywallet.eth.

 

The Ethereum Name Service (ENS) is an open-source system that links domain names to Ethereum addresses (and blockchains). Most Ethereum wallets have this feature built in, allowing you to use human-readable addresses instead of intricate Ethereum addresses. It's intended to make sending ETH to one another simpler.

 

Why Should You Consider Registering .CFD As Your ENS Wallet Name

 

• Your .CFD domain name can be used to receive any cryptocurrency, token, or blockchain-based items (such as NFTs). To accept crypto, you can share ‘mywallet.cfd' instead of a long, gibberish, online address.

 

• Your ENS name can be linked to your website. You can visit the site directly by typing your ENS name in browsers that support ENS natively.

 

• Setup your reverse record to have your ENS name shown instead of your wallet address in decentralized apps.

 

• Add details to your profile, such as an avatar, email address, or Twitter handle. These will be added to the blockchain as well.

 

What Do You Need To Register Your ENS Wallet Name

 

• The Ethereum Wallet is a non-custodial wallet.

 

• Ether: This is what you'll need to pay for the registration and transaction fees. Before you proceed, be sure you know what the current prices are.

 

• It is advisable to have Ether in your non-custodial wallet.

 

What Are The Benefits Of Using .CFD As Your ENS Wallet Name

 

The concept of cryptocurrency and ENS wallets is relatively new. However, a few years ago, when new domain extensions were introduced to the market, few individuals were aware of them. Today, however, everyone is looking for ways to register a website with one of these smart, cutting-edge domain extensions.

 

The fact that we can now send cryptos using our existing domain name and integrate it with an ENS wallet is incredible, and it goes without saying that this new technology is a step forward in the internet's evolution and is unquestionably here to stay.

 

Here are the benefits of registering your .CFD name on your ENS wallet.

 

• Protection: Since ENS is based on Ethereum blockchain smart contracts, it is immune to some of the DNS system's limitations. You can be confident that the names you enter will function as their owners intended.

 

• Easy to remember: .CFD domains are naturally easier to remember, offering crypto exchanges names that are human-readable.

 

• Accurate: Consider what happens if you misspell one symbol in your wallet address. The chances of this happening with a short, easy-to-spell .CFD domain is minimal, preventing the off chance of incorrect transfers.

 

• Branding: If you are using an ENS wallet to receive crypto and funds or exchange NFTs, you can use your .CFD ENS wallet name to market it.

 

Registering your .CFD name as an ENS wallet name provides simplicity and improved security while interacting with decentralized finance applications and other users.

 

A domain name with .CFD replaces a long, difficult-to-remember Ethereum address with a short, simple one. It also has the potential to simplify transactions and make blockchain technology more fun to use.