How to buy MultiversX (EGLD) in Canada

With a market cap of $167,733,630.00 USD, MultiversX ranks as the 313^th largest cryptocurrency by market capitalization in the world. It operates on the Elrond blockchain network. It is currently trading at a price of $5.74 USD per coin and trades using the cryptocurrency code EGLD.

MultiversX is a highly volatile asset capable of major price swings in a single day. So before you buy MultiversX, make sure you understand these unique risks as well as its tax and legal status in Canada.

If you want to buy MultiversX in Canada or track its performance, keep reading to see the latest EGLD price, market cap and trading volume along with a step-by-step guide on how to invest in EGLD crypto in Canada.

MultiversX (EGLD) summary

Current price	$5.74
All-time high	$545.64
All-time low	$5.39
1-year price change	▼ -79.97%
Market cap	$167.73M
Market cap rank	#313
Total volume (24h)	$6.04M
Circulating supply	29,209,575
Max supply	31,415,926
Network	Elrond
Where to buy EGLD	Buy on Kraken

All monetary values in this table are in USD and were last updated on January 28, 2026.

How to buy MultiversX in 5 steps

The whole process of buying EGLD can take as little as 15 minutes, and all you need is a smartphone or computer, an internet connection, photo identification and a means of payment. Follow these five steps to learn how to buy MultiversX in Canada:

1. Compare crypto exchanges

   The easiest way to buy MultiversX is through a cryptocurrency exchange. Choose an exchange that offers low fees, a user-friendly platform or 24-hour customer support. You can easily see top picks in our guide to the best crypto exchanges in Canada, or compare options below.

2. Create an account

   To create an account on an exchange, you will need to provide an email address, come up with a strong password and verify your identity through a process called KYC, which requires government-issued photo ID.

3. Make a deposit

   Once verified, you can deposit CAD using the payment method that best suits you. Common methods like Interac e-Transfer, bank wire and debit card payments are widely accepted on Canadian-friendly exchanges.

4. Buy MultiversX

   You can now exchange your funds for MultiversX. On beginner-friendly exchanges, this is as simple as searching for the coin name (MultiversX) or its crypto code (EGLD), entering the CAD or EGLD amount you want to purchase and clicking "Buy."

5. Secure your MultiversX

   Consider transferring your EGLD to help protect against hacks, scams, platforms going bankrupt and other risks of keeping crypto on an exchange.

Dive deeper: Our guide to how to trade crypto

Where to buy MultiversX in Canada

We've curated a list of legitimate crypto exchanges below where you can buy MultiversX in Canada to help you compare deposit methods, supported fiat currencies and fees.

MultiversX price

The recent MultiversX (EGLD) price is $5.74 USD per coin, which is +1.91% higher than the previous day's trading price of $5.63 USD. Over the past 30 days, EGLD's price has changed by -5.41%, from $6.07 USD to the current price of $5.74 USD. Compared to this time last year, MultiversX's price has seen a decrease of -79.97% to its value as a cryptocurrency.

What is MultiversX's all-time high?

MultiversX reached its all-time high of $545.64 USD on November 23, 2021. After that, it dropped by -99.01% to its all-time low of $5.39 USD on January 1, 2026. It has since climbed back up to its current price of $5.74 USD.

Historical MultiversX price chart

You can use this chart to track EGLD price performance over time.

Can I buy MultiversX in Canada?

Yes, you can buy MultiversX in Canada. Simply open an account with a crypto exchange that operates in Canada and supports MultiversX—like the ones in our curated list above—and place a "buy" order. For example, Kraken supports MultiversX and is a registered crypto exchange in Canada.

Because MultiversX is decentralized, it isn't tied to any single country. That means you can buy and sell it from anywhere in the world, including Canada, as long as you have internet access.

What is MultiversX?

Elrond (EGLD) is a unique blockchain protocol that has one main goal in mind – speed. According to Elrond documentation, the blockchain network is capable of executing 15,000 transactions per second (tps), which is a significant increase from Bitcoin's 4.6 tps. This efficiency in smart-contract execution is intended to address the issue of scalability for decentralised applications built on top of the network. These speeds are achieved through a blockchain process called “sharding”. Sharding allows for the parallel processing of data using over 2,000 validator nodes. Elrond's network works on a proof-of-stake consensus algorithm and initially operated on the Ethereum blockchain. However, it now boasts its own independent mainnet. EGLD is the native token of the Elrond network and is used for the management and security of the blockchain. Though originally minted as an ERC-20 (Ethereum-based) token, the tokens have now transitioned to the Elrond Mainnet. Holders of the coin can participate in securing the network either as a validator or delegator.

What will I need to buy MultiversX?

To create an account with your chosen crypto platform, you only need an email address or mobile number. This will usually allow you to deposit cryptocurrency, but not CAD.

If you want to buy MultiversX with Canadian dollars, you'll need to pass a Know Your Customer (KYC) check.

This is a standard security procedure for most exchanges in Canada and requires you to upload government-issued photo ID, and, in some cases, a selfie with today's date.

KYC is usually approved instantly, but in rare cases, you may have to wait a few hours or days.

Can I buy MultiversX with a credit card?

Several crypto exchanges in Canada accept credit cards as an instant purchase method. However, before buying MultiversX with a credit card, you should be aware of the additional cost and risks involved.

For instance, credit card fees are usually higher than bank transfers or e‑Transfers. Some card issuers may even block cryptocurrency transactions or treat them as cash advances, which are more expensive. Plus, if you don't pay off your credit card within your statement period, you may end up paying interest on your card balance and losing money if the price moves quickly.

For example, if you were to use a credit card to buy MultiversX, you could end up paying this:

• Price of EGLD: $5.74 USD
• Purchase amount: 5 EGLD
• Estimated exchange fee (3%): $0.86 USD
• Total cost: $29.56 USD

If it took you three months to pay off your MultiversX purchase at a credit card interest rate of 19.99% APR, you would pay an additional $1.48 USD in interest on top of what you originally paid to buy MultiversX.

This example can help you compare the relative cost of buying MultiversX with a credit card versus other lower‑fee methods like Interac e-Transfers.

You can check the table of Canadian crypto exchanges above to see which ones accept credit cards for buying MultiversX, or visit our guide on buying crypto with a credit card for more details.

Can I buy MultiversX with a debit card?

Yes, it is possible to buy MultiversX with a debit card, as most Canadian crypto exchanges accept debit cards as an instant payment method.

To buy MultiversX with a debit card, you'll typically need to go through the standard steps to purchase crypto on your preferred platform and then select debit from the list of payment options (e.g. Interac e-Transfer, debit card, credit card) before completing your purchase.

Just note that there are often higher fees for crypto purchases with cards (both debit and credit) compared to paying with Interac e-Transfer or with another cryptocurrency.

Is buying MultiversX crypto a good investment?

All cryptocurrency purchases should be fully evaluated for both risk and potential upside. With regards to Elrond (EGLD), here are a few things to consider:

Token supply. The maximum circulation is capped at 31,415,926 coins.

The circulating tokens have been widely distributed, with 19% sold through private sales, 7% reserved for staking rewards and 19% rewarded to Elrond's founders. Other distributions have also been made

Governance. Elrond's roadmap outlined a governance and decentralisation update scheduled for Q4 2020; however there has been no update for the token-led voting system

Competition: Blockchains face 3 main issues: security, decentralisation and scalability/speed. These are often referred to as the blockchain trilemma.

Elrond has determined that scalability is the most prominent and pressing issue to fix. However, Elrond is not the only blockchain to focus on this issue and is now situated within a saturated market.

Solana, Stellar Lumens and Ripple are other prominent blockchains that focus on speed. Although Elrond is faster than these competitors, all three are currently far more popular.

It is always advantageous to look for new protocols that match or even usurp Elrond's transaction rate of 15,000 per second

• Price volatility: MultiversX's price is largely based on speculation, meaning it can rise or fall quickly. For example, MultiversX's price has decreased by -4.13% in just the last seven days.

• Transactions can't be reversed: Once you submit a transaction to the crypto network, it can't be cancelled or reversed. Double-check the receiving address before submitting a MultiversX purchase order or moving MultiversX off an exchange. One good way to do this is to verify the first and last four digits of the wallet address before sending. There is no way to refund MultiversX sent to the wrong address.

• Regulatory uncertainty: The regulatory environment for MultiversX and other cryptocurrencies is constantly changing. It's important to understand how international rulings have the potential to impact MultiversX's future—for better or worse.

Dive deeper: Learn about common crypto scams and legit exchanges in Canada

Where to store your MultiversX once you buy it

There are two main options for storing MultiversX once you've bought it—keep it on an exchange or store it in your own personal wallet. Take a look at our guide to the best crypto wallets in Canada to see our top picks.

While it can be more convenient to leave your MultiversX on an exchange, you're vulnerable to risk if the exchange gets hacked or compromised in another way.

It's generally much safer to store your crypto on a software or hardware wallet, which gives you full control and custody of your coins.

How is MultiversX taxed in Canada?

Like all crypto, MultiversX is considered a commodity for tax purposes by the Canada Revenue Agency (CRA). That means it will be taxed similarly to other investments like stocks and ETFs.

Money you get from selling MultiversX can be treated as income or capital gains. That said, the CRA will tax crypto profits differently if you're a casual MultiversX buyer than if your crypto profits are classified as business income.

You can learn more about how crypto taxes work in our guide to crypto tax in Canada.

Bottom line

Keep in mind that buying MultiversX can be risky. But if you decide to invest in MultiversX, look for a regulated crypto exchange in Canada that supports EGLD, and make sure to store your crypto securely.

Once you've bought MultiversX, think about your short and long-term goals. Crypto markets can be very volatile, so keep an eye on MultiversX's price over time to decide whether to keep it on an exchange, sell it or move it to your wallet.

Frequently asked questions about buying MultiversX in Canada

• How do I buy MultiversX instantly?

  You can quickly purchase MultiversX on trading platforms like Kraken or Paybis. If you already have a funded account with an exchange like this, then you can buy MultiversX instantly.

  Otherwise, many crypto exchanges also offer an "instant buy" feature using a credit card. However, be warned that this comes with higher fees and other added risks. Use our list of exchanges to look for a platform that offers various types of deposits to get started.

• What is MultiversX worth today?

  MultiversX is currently worth $5.74 USD today. For some context, it was worth -79.97% less a year ago.

• How are crypto exchanges regulated in Canada?

  Crypto exchanges operating in Canada are required to register with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). This agency safeguards the Canadian financial system by working to prevent money laundering, terrorist financing, and other financial crimes.

  Many crypto trading platforms in Canada have taken the added step of registering with the Canadian Securities Administrators (CSA), which creates and enforces policies designed to help protect investors from unfair and fraudulent market activity.

  Exchanges that are registered with the CSA and FINTRAC are:

  • Subject to federal regulation and laws
  • More likely to offer regional customer support
  • More likely to support CAD transactions and local payment methods like EFTs and bank transfers