What is Elrond (EGLD)?
Elrond is a protocol that aims to provide Internet-scale blockchain solutions with Adaptive State Sharding and Secure PoS mechanism. These features allow Elrond to be run efficiently on average computers instead of energy-hungry custom hardwares.
Elrond was introduced in 2017 by Benjamin Mincu, Lucian Todea, and Lucian Mincu, all of whom were tech enthusiasts and entrepreneurs before Elrond.
How Elrond (EGLD) Works
The Elrond blockchain is built on two underlying features of Adaptive State Sharding and Secure PoS consensus mechanism.
- Sharding is a technique that partitions data into different parts so that the data can be processed faster. Adaptive State Sharding combines three types of sharding, namely network sharding, transaction sharding, and state sharding, into one. The comprehensive sharding design makes the network highly scalable, fast, efficient, and adaptable while minimizing down-times.
- Secure PoS is an improved version of PoS. Secure PoS together with Adaptive State Sharding allows random selection of validators to happen almost instantaneously. Each chosen validator is then randomly assigned to different shards, and they only need to validate the data on these shards rather than the data on the whole chain.
How Many Elrond (EGLD) Tokens Are in Circulation?
EGLD (Electronic Gold) is the native token of the Elrond network. Its max supply is 31,415,926, among which 23,519,643.08 is in circulation.
How to Buy Elrond (EGLD)
Consider investing in Elrond (EGLD)? It only takes 2 minutes to create an account on Bitget and start trading EGLD.
Check out the available EGLD trading pairs on Bitget!
Futures market
Spot market
Elrond (EGLD) Resources
Simple 3-step guide to buying EGLD today in Maldives
Create your free Bitget account
Select a funding method
Complete your Elrond purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Elrond using a payment method of your choice:
Buy Elrond with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Elrond order.
How to buy crypto with credit/debit cardBuy Elrond with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Elrond is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Elrond order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Elrond order.Buy Elrond with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Elrond order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Elrond in your Bitget spot wallet
Bitget—where the world trades Elrond
How to buy Elrond for free
- Learn how to earn Elrond for free through the Learn2Earn promotion
- Earn free Elrond by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Elrond airdrops by joining On-going challenges and promotions
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