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Buyer's Guide

How to Buy Elrond (EGLD)

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Updated

4 weeks ago

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Elrond is a blockchain protocol that uses sharding and has a goal of offering speeds reportedly capable of 15,000 transactions per second. The project has a goal of being a decentralized platform for fintech, DeFi, and IoT (Internet of Things). The transaction costs might be the best selling feature of the network with fees as low as $0.001 per transaction. The network achieves this by running on 2,169 validator nodes split into four shards: three execution shards, capable of 5,400 transactions per second each, and one coordination shard that is called the “Metachain.” Read our Investing in Elrond guide to learn more.

We list the top 3 exchanges that offer the ability to buy Elrond (EGLD) with a credit card, debit card, or Bitcoin (BTC).

Binance

Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Elrond (EGLD) here is that you benefit from the lower exchange fees than competing exchanges, and the increased liquidity enables you to buy and sell quickly to take advantage of market moving news.

This exchange is best for Australia, Canada, Singapore, UK & international users. USA residents are prohibited from purchasing EGLD.

Read our Binance Review or visit Binance.

Use Discount Code: EE59L0QP for 10% cashback off all trading fees.

Gate.io

Gate.io was established in 2013, while it is not one of the most popular exchanges, they do offer a reputable trading platform with an easy to use interface for beginners while still maintaining robust and advanced charts for various types of skill levels including technical traders. They have a large number of altcoins including Elrond (EGLD). While we do have some concerns with trustworthiness (please see review) they do have a strong stance against any type of market manipulation.

This is our most recommended exchange for USA residents.

Read our Gate.io Review or visit Gate.io

WazirX

WazirX is India’s biggest cryptocurrency exchange with over 400,000 users and they are expanding rapidly. They are one of the most reputable exchanges that currently offers Elrond (EGLD) trading opportunities and they currently accept clients from all over the world. This exchange is part of the Binance Group, which ensures a high standard of quality.

USA residents are prohibited.

Read our WazirX review or visit WazirX

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Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.

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