how to buy Elrond coin

How to Buy Elrond Right Now

In this article, we will show you how to buy Elrond easily. By the end of this article you would learn how to buy EGLD with USD, BTC or ETH. Keep reading.

Table of Contents:

  1. What is Elrond? Our review
  2. Current prices
  3. Where to buy EGLD
  4. How to safely store EGLD
  5. Frequently asked questions

Current Elrond Price Stats

EGLD Price $78.1381 USD
Price Change24h $-3.0230 USD (-3.72%)
24h Low / 24h High $76.5300 / $82.6750 USD
Trading Volume24h $117,404 USD
MarketCap $1,593,847,936 USD

What is Elrond? A Review

Elrond is a novel architecture that goes beyond state-of-the-art by introducing a genuine State Sharding scheme for practical scalability, eliminating energy and computational waste while ensuring distributed fairness through a Secure Proof of Stake (SPoS) consensus mechanism. Having a strong focus on security, Elrond’s network is built to ensure resistance to known security problems like the Sybil attack, Rogue-key attack, Nothing at Stake attack, and others. In an ecosystem that strives for interconnectivity, Elrond’s solution for smart contracts offers an EVM compliant engine to ensure interoperability by design.Elrond (ERD) to Elrond (EGLD) swap:Following the launch of the Elrond Mainnet on the 30th of July, Elrond officially began the token swap from ERD to EGLD on the 3rd of September of 2020. The eGLD ticker is an abbreviation for eGold, denoting the metaphor of what the Elrond currency aims to become. Elrond's dedicated website Elrond Bridge enabled ERC20/BEP2 ERD holders to swap their tokens for eGLD at a 1000:1 ratio (1000 ERD (old) = 1 eGLD (new)). 

how to buy Elrond

Where and How to Buy Elrond (EGLD) Coin

There are 3 steps to purchasing Elrond. They are:

  1. Buy Bitcoin: Buying Bitcoin in 2021 is a fairly simple matter which we don't need to go in-depth on. The best places to but Bitcoin directly today with USD or your native currency are: Coinbase, Binance and Paypal. Luckily, some exchanges allows you to purchase EGLD directly with USD. They are: Bitfinex, etoro, binanceusa, .
  2. Move the Bitcoin to an Exchange that supports EGLD: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the EGLD/BTC trading pairs.
    At the moment, EGLD is currently available for purchase with Bitcoin at Gateio, etoro, Binance, OKEX, .
  3. Buy Elrond on the Exchange: Now, you can buy Elrond with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different EGLD pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.

USD Exchanges

Exchange Trade Pair Volume Exchange Grade
Bitfinex EGLD/USD $522,621 USD A
etoro EGLD/USD $16,299 USD A
binanceusa EGLD/USD $1,671,734 USD BB

Bitcoin Exchanges

Exchange Trade Pair Volume Exchange Grade
etoro EGLD/BTC 0.2230 BTC A
Binance EGLD/BTC 209.7975 BTC A

Eth Exchanges

Exchange Trade Pair Volume Exchange Grade
Gateio EGLD/ETH 2.8510 ETH B

How to Safely Store Elrond Crypto

Once you buy Elrond, the next question you'd have is "where do I store my Elronds?". It is quiet easy to store your Elrond tokens after purchase. In fact there are two easy methods of doing so:

  1. Cold storage: There is a saying in crypto that the only tokens you own are those on your hard drive. This is very true as lots of things could happen to coins stored on exchanges - e.g hacks. For this reason, cold storage is usually a good option.
    Hardware wallet options like - The Ledger Nano S or Ledger Nano X and SecuX V20 could be a good place to store Elrond. If Elrond is an Ethereum based ERC-20 token, you can also store it in any ERC-20 compatible wallet such as MyEtherWallet (MEW) or MyCrypto.
  2. Exchanges: Storing on Exchanges might be a good option if you don't plan on hodling Elrond for the long-term and need to quickly trade it and make some gains. However, be careful as a downside of storing on exchanges is the susceptibility of exchanges to hacks.

Reported Issues

Frequently Asked Questions

Question Answer
Where can I buy EGLD with Dollars (USD)? You can buy Elrond (EGLD) with U.S Dollars on Bitfinex, etoro, binanceusa, .
Where can I purchase EGLD with my Bitcoin (BTC)? As of today, you can buy Elrond with Bitcoin on any of the following exchanges: etoro, Binance, OKEX, .
I have Ethereum. Where can I buy EGLD with ETH? Elrond is available for purchase using ETH on these Crypto exchanges: Gateio, .
How much is Elrond? Right now, the price of EGLD is $78.1381.
Is Elrond Crypto a good Investment in 2021? Our analysis shows a possible all time high of $158.6988. So yes. EGLD is a good investment.

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