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How to buy Elrond (EGLD) in the US

Learn how to buy Elrond (EGLD) easily by following a step-by-step guide and comparing 10+ crypto exchanges.

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How to buy Elrond

1. Compare crypto exchanges

The easiest way to buy Elrond is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.

2. Create an account

To create an account on an exchange you will need to verify your email address and identity. Have some photo ID and your phone ready.

3. Make a deposit

Once verified, you can deposit $ using the payment method that best suits you – cryptocurrency, paypal, wire transfer and credit or debit card payments are all widely accepted.

4. Buy Elrond

You can now exchange your funds for Elrond. On easier-to-use exchanges, this is as easy as entering the amount you want to purchase and clicking buy. If you like you can now withdraw your Elrond to your personal wallet.

Where to buy Elrond

Find an exchange to buy, sell and trade EGLD by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

493
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Crypto.com App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

189
cryptocurrencies

Buy 165+ cryptocurrencies, earn up to 14.5% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

946
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in random tokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
Binance.US Cryptocurrency Exchange
Bank transfer (ACH), Bank transfer, Cryptocurrency, Debit card, Wire transfer
USD

66
cryptocurrencies

New users earn up to USD 500 in bonus rewards on qualified deposits and trades. Valid till 31 December 2021. T&Cs apply.
Trade with USD on Binance.US, the American dollar onramp of the world’s largest cryptocurrency exchange. Non-US residents can read our review of Binance's main exchange here.
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Compare up to 4 providers

Steps on how to buy Elrond

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Elrond.

  1. Compare cryptocurrency exchanges that supports EGLD.
    Cryptocurrency exchanges differ by fees, security and payment methods, so you'll need to research which is the right fit for you. As a beginner, you don't need a big range of features, and you can always change exchanges later.
  2. Create an account on an exchange.
    You can sign up for an account by selecting the Go to site button. This will take you to the account creation page, where you can fill in your details, starting with your name and email address..
  3. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Elrond.
  4. Buy Elrond.
    Complete your Elrond purchase and then find the best wallet to store EGLD.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What to consider when buying Elrond

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. As of June 2021, there are 17,670,933 million in circulation, which is 56% of the coin’s max supply. 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, as of June 2021, 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.

How to sell Elrond

You can cash out your EGLD with the same exchange you bought it through:

  1. Sign in to the exchange you have EGLD on.
    If you store your Elrond in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of EGLD you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Elrond.

Disclaimer: Cryptocurrencies, including Elrond, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of EGLD is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Elrond or any other cryptocurrency discussed.

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