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How to buy Elrond (EGLD)

Learn how to buy Elrond (EGLD) on 5+ crypto exchanges in our step-by-step guide.

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You can buy Elrond (EGLD) on a cryptocurrency exchange like Kraken. These specialized marketplaces allow you to buy and sell cryptocurrencies, and work similar to stock trading platforms. Elrond (EGLD) is a unique blockchain protocol that has one main goal in mind – speed. Here's how to buy Elrond.

How to buy Elrond in 4 easy steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  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 – bank transfer, cryptocurrency, wire transfer and osko payments are widely accepted.
  4. Buy Elrond
    You can now exchange your funds for Elrond. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Elrond to your personal wallet.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

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.

1 - 5 of 7
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Kraken Cryptocurrency Exchange
Bank transfer, Cryptocurrency, Wire transfer, Osko, SEPA, Apple Pay, Google Pay, SWIFT
USD, EUR, GBP, JPY, CAD, CHF, AUD

151
cryptocurrencies

Buy, sell and trade a range of digital currencies on this high-liquidity exchange – suitable for beginners right through to advanced traders.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND

656
cryptocurrencies

Sign up and get up to US$10 in rewards. Make trades to get up to US$500 in rewards. 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

287
cryptocurrencies

Buy 260+ 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.
Paybis Cryptocurrency Exchange
Bank transfer, Debit card, Neteller, Credit or Debit Card
EUR, GBP, USD, AUD, CAD, PHP, SGD, CHF, HKD, JPY & 30+ more

404
cryptocurrencies

Buy Bitcoin and other popular cryptocurrencies with credit card or debit card on this digital cryptocurrency exchange.

US residents: Restricted in the following states - NY, CT, NM, WA, HI, AL, VT, FL, AK, NV.
Binance.US Cryptocurrency Exchange
Bank transfer (ACH), Bank transfer, Cryptocurrency, Debit card, Wire transfer
USD

132
cryptocurrencies

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.
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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Compare up to 4 providers

How do I find the best places to buy Elrond?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the US to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Elrond?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Elrond.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing EGLD with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

Where can I buy Elrond with a credit or debit card?

Once you've created an account, you will need to deposit funds to buy EGLD with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are popular deposit methods to buy EGLD on the following exchanges:

Platform
Bank deposit
Card deposit
Crypto deposit
Buy EGLD
Go to Kraken Cryptocurrency Exchange
Go to KuCoin Cryptocurrency Exchange
Go to Crypto.com App
  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase EGLD by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for EGLD on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Elrond?

The easiest way to buy EGLD is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying EGLD, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our Analysis tools to get an idea of how the price of Elrond has been performing recently.

Best Elrond wallets to store your EGLD

You can keep your EGLD on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can learn more about wallets and compare them with our comprehensive guide.

Recent Elrond developments

January 2022: Elrond announced it is acquiring Portugal-based crypto payments firm Utrust .This partnership is intended to improve the efficiency and security of payments made on the network.
January 2022: Elrond released its Maiar DeFi wallet, a Chrome extension that offers enhanced interaction with dApps hosted on the protocol.
Novemeber 2021: Elrond’s long-anticipated DEX Maiar was made live to the public. Users can stake, swap, buy and sell coins on the platform as well as participate in yield farming.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Elrond 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.

Additional information about Elrond can be found using our EGLD analysis tools.

Today's Elrond price versus ATH

Compare today's price of Elrond ($48.04 USD) against its all-time-high price of $545.64 USD on 23 November 2021. The closer the bar is to 100%, the closer EGLD is to reaching its ATH again.

Elrond's price: $48.04
ATH date: November 23, 2021
8.80%

Elrond ATH: $545.64


How to trade, convert or sell Elrond

You can convert or sell your EGLD with the same exchange you bought it through:
  1. Sign in to the exchange you have EGLD on.
  2. If you store your Elrond in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of EGLD you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Elrond.
  6. Complete your transaction and move your EGLD to a wallet for storage.

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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