Buy Elrond EGLD (€41.86)

Elrond is a smart contract platform that supports dApps and NFTs, and like other platforms that came after Ethereum, Elrond uses sharding technology to improve the speed and scalability of the blockchain. Sharding splits the blockchain into multiple "shards that run parallel to each other." Transactions are processed separately on the shards, and the results of all shards are synchronised and written to the blockchain. This protects the blockchain from the so-called bottleneck effect, where all transactions try to push through on one chain at the same time. For this reason, Elrond is marketed as an "internet-scale blockchain". Elrond has already achieved 15,000 transactions per second (TPS) with sharding, and speeds of up to 263,000 TPS on the test network. Other widely used blockchains, such as Bitcoin and Ethereum, can currently only handle 10 or 20 transactions per second at the base layer. However, both parties are also exploring scaling solutions that should improve their performance.

On the Anycoin Direct platform you can purchase Elrond (ELGD) with quick and easy. The purchased Elrond will be deposited into your personal Anycoin Vault within minutes.

Step 1: Create an Account

Before you can start buying Elrond you must create an account on the Anycoin Direct platform, which is free. This is done simply by clicking on the green "register" button in the top right hand corner of the website.

Step 2: Placing an order

When you have completed the registration for a new account, you are ready to place an order for Elrond (ELGD). Your Elrond will be deposited into your Personal Anycoin Vault after purchase. The Vault must be activated in your personal dashboard in advance. With our versatile payment methods including iDeal, Bancontact, Credit Card, SEPA, Giropay, SOFORT and VISA, you will receive your Elrond within minutes.

Step 3: Buy, Sell and Swap

After receiving your Elrond you can use the Anycoin Vault to buy, sell or swap your cryptocurrencies with other cryptocurrencies offered on our platform.

Elrond's native token, ELGD, is used for transactions on the blockchain, participating in governance, and for distributing staking rewards in their proof-of-stake consensus mechanism. In total, over $1 million dollars have already been staked and the total number of transactions carried out on Elrond's blockchain exceeds ten million. Recently, there have also been several NFT marketplaces where one can buy or sell NFTs against ELGD.

On the Anycoin Direct platform you can easily store your Elrond in the Anycoin Vault. You are the only one who has access to this Vault after activating it on your personal dashboard. In the future we will be enabling external wallets for Elrond so you can send your Elrond from your Vault to your external wallets and vice versa.

Elrond was founded in 2017 by brothers Benjamin and Lucian Mincu. Both brothers were already active as entrepreneurs in the crypto sector, given that they are both co-founders of MetaChain Capital, a digital asset investment fund. In addition, they are co-founders of ICO Market Data, a company that collects information around initial coin offerings.