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MultiversX Price in India (EGLD)

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EGLD to INR Converter

As per last price at 00:00:00, 01/01/70

INR

EGLD

TRADE EGLD NOW

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EGLD Performance

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EGLD Market Information

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EGLD Price Today

The live price of MultiversX is ₹ 0 per (EGLD / INR) with a current market cap of INR. 24-hour trading volume is ₹ INR. EGLD to INR price is updated in real-time. MultiversX is +0% in the last 24 hours with a circulating supply of .

About MultiversX (EGLD)

What is MultiversX (EGLD)?

MultiversX is a Layer 1 blockchain that was earlier known as Elrond. It is a highly scalable and cost-efficient smart contract platform designed to compete against industry giants like Ethereum and Zilliqa. 

Who founded MultiversX (EGLD)?

MultiversX was founded in 2017 by Lucian Todea, Beniamin Mincu, and Lucian Mincu.

Primary features of MultiversX (EGLD)

• Adaptive state sharding: One of the unique features of MultiversX is the adaptive state sharding. This method divides the blockchain into smaller segments, which increases transaction efficiency and scalability.

• Secure Proof of Stake (SPoS): The MultiversX network proposed a unique consensus mechanism called the Secure Proof of Stake (SPoS). The mechanism enhances security and increases transaction speed by enabling quick confirmation times.

• MultiversX virtual machine: MultiversX offers a fast and secure virtual machine (WASM VM). This allows developers to create smart contracts using any programming language that compiles to Web Assembly. 

• High throughput: MultiversX is capable of processing rapid transactions per second (TPS), which is also cost-effective.

Is EGLD a promising cryptocurrency?

EGLD, which was launched in July 2019, has grown substantially in the past few years. The token surged from around $17 at the time of launch to an all-time high of $545.64 in November 2021. As of July 2024, the token is trading at around $36 and ranks among the top 70 by market cap. EGLD is a prominent cryptocurrency, especially in the DeFi space, leading to significant growth over the years. The token is poised for a greater upward trajectory in the future with the price of EGLD estimated to range between $205 to $252 by 2025, making it a promising crypto. 

Invest in EGLD with CoinSwitch today by downloading the app.

How do I use EGLD?

• Storing value: Similar to other cryptos, EGLD can be held as a store of value. EGLD holders can trade it for other cryptos or sell it from an exchange that has listed EGLD like CoinSwitch. 

• Paying transaction fees: The EGLD token powers the MultiversX ecosystem and its native token EGLD is used to facilitate all transactions in the network.

• Rewarding network participants: EGLD token is used to reward participants contributing to the security and operation of the network, including validators and stakers.

Pros & Cons of MultiversX (EGLD)

Pros

• The MultiversX network is highly scalable due to its adaptive state sharding.

• MultiversX network is popular for its quick and inexpensive transactions. 

• MultiversX network is interoperable with other blockchain systems, including Ethereum.

Cons

• EGLD, like any other cryptocurrency, is subjected to market volatility which may impact its price.  

• EGLD’s prominent features such as sharding and staking might be difficult to understand for novice traders.

• MultiversX network, like other blockchain networks, faces strong competition from other networks and their native tokens.

How to trade EGLD on CoinSwitch?

• To trade EGLD on CoinSwitch, start by downloading the app. 

• You can start with as low as ₹100.

• CoinSwitch offers an easy-to-use platform suited for traders of all levels.

MultiversX (EGLD) ICO summary

In June 2019, MultiversX raised $1.9 million from angel investors in a private investment round. Later that month, it conducted an Initial Exchange Offering (IEO) and raised $3.25 million for 25% of its total token supply.

Bitcoin Resources

1. How do I buy MultiversX?
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To buy MultiversX, do the following steps:

Step 1:

Sign in to your CoinSwitch app using your registered mobile number. Enter the OTP sent to your phone, then input your CoinSwitch PIN to access your account.

If you don't have an account, click here to register: new account.

Step 2:

After logging in, you'll find your CoinSwitch dashboard. Look at the top right corner for a search icon. Use it to find MultiversX.

Step 3:

Once you find MultiversX and are ready to buy, click on the Buy button at the bottom of the screen and follow the instructions to make your purchase.

2. What is the price of MultiversX?
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The price of 1 MultiversX is ₹0.

Note: MultiversX prices are subject to change in the future based on market trends.

3. What is the price of MultiversX today?
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The current price of 1 MultiversX is ₹0.

Note: MultiversX prices are subject to change in the future based on market trends.

4. Can I buy MultiversX for ₹100?
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Yes! You can buy MultiversX for as low as ₹100 on the CoinSwitch app.
5. How much is 1 MultiversX in rupees?
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The current value of 1 EGLD is ₹0.
6. What is the current trend in MultiversX?
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EGLD has been NaN% in the last 24 hours.

EGLD to INR Converter

As per last price at 00:00:00, 01/01/70

INR

EGLD

TRADE EGLD NOW

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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.