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Buy Elrond (EGLD) in India at ₹572

Live EGLD/INR Price

₹572

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2.72%

Price Changes

₹15.55

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2.72%

24h Low

₹572

24h High

₹588

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Reasons to Buy Elrond (EGLD)

• It gathered a massive amount of $1.9 billion in its ICO(Initial Coin Offering).

• It gave a huge ROI of around 1300% by the end of 2020.

• It can process up to 15,000 transactions per second.

• It has a market capitalization of more than $2.7 billion.

• It has a maximum supply of more than 31 million EGLD.

What is Elrond (EGLD)?

Elrond was launched in the year 2017. It was co-founded by the Mincu brothers- Beniamin Mincu and Lucian Mincu with Lucian Todea alongside.

It is a decentralized blockchain network that aims to provide better speed, security, and scalability than its rival cryptocurrencies leading the market. It claims to solve the scalability trilemma(issues with scalability, security, and decentralization) with thousand times more efficient results than the strong rival Bitcoin.

Elrond has its official native token as eGold, commonly known as EGLD, that is used as a medium to provide incentives.

Things to consider before buying Elrond (EGLD)

• Elrond uses Sharding which provides better scalability results.

• Anyone can see through Elrond’s code since it is an open-source platform.

• The platform provides a more developer-friendly workspace than the other crypto platforms.

Highlight

Elrond claims to solve the scalability trilemma(issues with scalability, security, and decentralization) with thousand times more efficient results than the strong rival Bitcoin.

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Price Statistics

EGLD Price Today

EGLD Price

₹572

Price Change 24h

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2.72%

Price Change 7d

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8.69%

Market Rank

#161

Market Cap

₹1,629 Cr.

Trade Vol 24h

₹78 Cr

Circulating Supply

₹3 Cr. EGLD

Trading Activity

92% Buy8% Sell

FAQ's

1. How Can I Buy Elrond In India?

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CoinSwitch App is the simplest way to buy Elrond in India. Sign up now and start investing with ₹100

2. Can I Buy Elrond Directly?

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Elrond could be bought via P2P(Peer to Peer) trading. The other way to buy ELGD could be through decentralized exchanges or to buy from someone who holds the respective crypto. However, the concept of DEX is quite complicated to understand, and also it could be a troublesome job to find a reliable seller of ELGD. Therefore, the way is advised to pro traders.

If you are new to the world of cryptos, you might want to take the uncomplicated and trusted route and Download the CoinSwitch App!

3. How to Buy Elrond Stock?

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You can buy Elrond in just 4 steps on CoinSwitch:

• Open the CoinSwitch App, click on the Market tab from the bottom navigation, then select Elrond.

• Click on the ‘Buy’ button.

• Enter the amount that you would like to buy Elrond for, say ₹100, and click on the ‘Preview Buy button

• Check all the details of your order and proceed by clicking ‘Buy.’

Congratulations, you just bought your first Elrond!

4. What Price To Buy Elrond?

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There is no definite price to buy cryptos as most of them are still evolving and developing. This could lead to a rise in the value of Elrond. Nothing but regret would be left with you for not investing in it earlier.

Instead, you can invest small amounts for as low as ₹100 periodically and balance the opportunity and risk.

5. What Time To Buy Elrond?

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No clock would tell you the right time to build your money and assets. Usually, people wait for the prices of cryptos to dip and then invest. If you are also one of them, you might have been missing a lot on returns and profits. It is always advised to invest from Day 1.

Give a start by investing in small amounts periodically. The better approach would be to invest a lump sum when Elrond’s prices get undervalued. This would help you build a good portfolio.

6. What Platform To Buy Elrond?

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A variety of platforms on the Internet makes Elrond available for you, but the only thing that matters here is your time and experience. Some would make it a one-click process, while others would be difficult to handle.

There are many crypto applications available for you in the market. Some of them would make your purchasing hectic. However, CoinSwitch allows you to buy cryptos quickly and efficiently, also removing the troubles.

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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