Buy Elrond today
Buy Elrond today
- Own EGLD & 210+ other cryptoassets
- Registered with the Financial Conduct Authority (FCA)
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply.
How to buy MultiversX (EGLD) in the UK
Learn how to buy MultiversX (EGLD) on 6+ crypto exchanges in our step-by-step guide.
MultiversX (EGLD) is the 52nd largest cryptocurrency by market cap, valued at US$946,568,983.
MultiversX is a highly volatile asset capable of major price swings in a single day. Today EGLD is trading for $37.13 USD, which is lower than yesterday's trading price of $37.47 USD. Over the past year, MultiversX's price has seen a decrease of -57%.
So before you buy MultiversX, make sure you understand these unique risks as well as its legal and tax status here in the UK.
If you're ready to get started, read on for step-by-step instructions on how you can buy MultiversX.
How to buy MultiversX in 4 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.
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Compare crypto exchanges
The easiest way to buy MultiversX 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.
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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.
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Make a deposit
Once verified, you can deposit GBP using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
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Buy MultiversX
You can now exchange your funds for MultiversX. 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 MultiversX to your personal wallet.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
Where to buy MultiversX in the UK
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 exchange.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
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How we keep this MultiversX guide up-to-date
- EGLD price data is regularly updated through data feeds so you always have the latest information.
- MultiversX performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.
How do I find the best places to buy MultiversX?
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 UK 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 MultiversX?
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 MultiversX.
- 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.
What is the easiest way to buy MultiversX?
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 all-time high tool to get an idea of how the price of MultiversX has been performing recently.
Best MultiversX 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 take a look at some of our top hardware wallet picks for self-custody of your EGLD below.
Ledger Nano X Wallet |
Trezor Model T Wallet |
SafePal S1 Wallet |
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Supported assets 5,500+ |
Supported assets 1,317+ |
Supported assets 30,000+ |
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Price (USD) $149 |
Price (USD) $186 |
Price (USD) $49.99 |
See more of the best crypto wallets
Recent MultiversX 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.
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.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
Is MultiversX 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.
Today's MultiversX price versus ATH
Compare today's price of MultiversX ($37.13 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.
MultiversX's price: $37.13
ATH date: November 23, 2021
ATH date: November 23, 2021
6.80%
MultiversX ATH: $545.64
How to trade, convert or sell MultiversX
You can convert or sell your EGLD with the same exchange you bought it through:- Sign in to the exchange you have EGLD on.
- If you store your MultiversX in a digital wallet, compare crypto exchanges to convert or sell it on.
- Choose Sell or Convert and place a sell order.
- Choose the amount of EGLD you'd like to convert or sell.
- Confirm the sell price and fees and close your sale of MultiversX.
- Complete your transaction and move your EGLD to a wallet for storage.
* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.
Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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