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How to buy Elrond (EGLD)

Discover where and how to buy Elrond online. With Kriptomat, buying EGLD and other cryptocurrencies is easy, quick, and secure.

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Buy Elrond

Buying Elrond with Kriptomat

Three simple steps to purchase Elrond with Kriptomat:

Step 1

Create and verify your account

Sign up with Google, Apple or enter your name and email. Verify your email, phone number and identity. Congratulations, you have unlocked the full potential of the Kriptomat platform within minutes!

Step 2

Add funds

Make a bank deposit or use your credit card to add funds even faster. Now, you are ready to buy EGLD and 280+ other cryptocurrencies.

Step 3

Buy Elrond

Click on the Kriptomat icon and select “Buy”. Choose Elrond from the list of cryptocurrencies. Enter the amount, preview transaction and confirm your purchase. You now own Elrond!

Your detailed guides to buying EGLD

Need more information about how to buy Elrond?

Our mission is to make crypto accessible to everyone. That is why it is crucial to simplify buying Elrond on Kriptomat. The most popular way to get started is with our mobile app:

  1. Make a bank transfer
  2. Buy EGLD with your euro balance

Prefer computers? Create your Kriptomat account with your browser and use it for all your crypto investments. We also offer several intelligent crypto investing products to help you reach your financial goals.

Have more questions? Find all our guides here.

Why should I buy Elrond on Kriptomat?

Automated Portfolio Management

Live customer support

Our customer success team is ready to deliver fast, friendly assistance and explanations in your language.

Automated Portfolio Management

Top coin selection

We offer immediate purchase of popular coins and tokens, including Elrond.

Automated Portfolio Management

Suitable for complete beginners

We focus on simplicity to ensure you quickly master our platform and become a confident crypto investor.

Automated Portfolio Management

Safe storage

Upon purchase, we provide a secure and reliable offline storage solution, ensuring the safety of stored EGLD.

Payment methods

When purchasing Elrond with EUR on Kriptomat, you have access to various completely secure options:


Buy Elrond with a bank deposit

Safely and conveniently transfer funds via bank deposit with Instant SEPA support. You can buy Elrond with your EURO balance.


Buy Elrond with a debit or credit card

No time to wait for bank transfers? You can instantly buy Elrond with your credit card.


Buy Elrond with Skrill or Neteller

Are cards and banks not your style? Skrill and Neteller offer another alternative payment method for buying EGLD.

How and Where to Store Elrond

Once you buy Elrond on Kriptomat, we seamlessly transfer it to your dedicated and secure Elrond wallet within our platform. Each user receives an individual wallet.

To protect our customers and their funds, we offer secure offline storage and conduct regular security audits. This approach makes our platform a haven for storing Elrond and other cryptocurrencies.

What can I do after I buy Elrond?

hold Hold

Keep your EGLD investment safe and track its growth with Kriptomat.

Swap Swap

Exchange your Elrond for other cryptocurrencies on Kriptomat to effortlessly diversify your portfolio.

Sell Sell

Sell your Elrond for euros and seamlessly withdraw the money back to your linked bank account or card.

Send Send

Send your EGLD to any Elrond wallet address anytime. The blockchain never sleeps.

Receive Receive

Receive EGLD transfers to your Kriptomat EGLD wallet to store it securely on our platform.

Smart strategies for buying Elrond with Kriptomat

Buy Elrond through Intelligent Portfolios

Explore the option to buy Elrond through Kriptomat’s Intelligent Portfolios. These portfolios are designed to optimise returns by leveraging advanced algorithms and diversifying investments across various cryptocurrencies, including Elrond. By choosing a portfolio that includes Elrond, you can invest in this cryptocurrency alongside other assets, benefiting from automated rebalancing and smart management.

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Use Dollar-Cost Averaging (DCA) for your Elrond investment

Utilise Kriptomat's Recurring Buy (DCA) feature to automate your Elrond purchases over time. DCA allows you to spread your investments across regular intervals, making it easier to enter the crypto market with reduced risk from price volatility. With DCA, you accumulate Elrond gradually with a specific amount rather than making a single large investment at once.

Frequently Asked Questions

Which factors influence the price of Elrond?

Political events, the world economy, celebrity endorsements, and market news are among many factors that influence crypto prices. Professional investors and savvy individuals track these real-world events to predict Elrond price changes.

Why is identity verification necessary to purchase Elrond?

Kriptomat is a licensed crypto asset service provider and as such is subjected to rigorous legislation for the prevention of money laundering and terrorist financing, and is subjected to the same AML regulation as applicable for banks and other financial institutions. We are committed to operating according to the laws and regulations and follow best industry practices. Identity verification is essential for protecting you and your crypto funds, and is of essential importance we provide you with a safe environment. Every Kriptomat user must pass the identity verification process before conducting transactions.

How much Elrond should I buy?

Everyone must make this decision for themselves, based on their own personal finances and investment strategy. We encourage you to carefully read the Risks of trading virtual assets, as there are many risks you should be aware of and that we cannot protect you from, such as volatility, geopolitical events, and similar factors.

Is there an order maximum?

You can find customer account limits in the Limits section of your account. For a detailed breakdown, visit our fees and limits page.

Is there an order minimum?

Yes, the minimum purchase amount of Elrond is 50 EUR. That is the minimum amount to buy Elrond and other cryptocurrencies at Kriptomat.

When can I sell my Elrond?

Kriptomat has made it easy to sell your Elrond for euros whenever you choose – 24 hours a day, 365 days a year.
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How to buy Elrond

Elrond describes itself as an internet-scale blockchain for decentralized applications, enterprise use cases, and the new internet economy. Its use of transaction sharding delivers a 1000 times improvement in throughput while its Secure Proof of Stake consensus approach provides efficiency and security. The project also supplies flexible tools and supports a range of popular programming languages for fast testing and deployment of dApps.

The Elrond eGold token, or EGLD, is the project’s native token which fuels the Elrond Network. It is used for transactions, smart contracts, governance, staking, and validator rewards. Since joining the crypto market, EGLD’s price has changed significantly, and if you want to know why then you’re in the right place. We’ve compiled everything you need to get a better understanding of EGLD price – as well as the factors which influence it.

Elrond Price History

[guidelink EGLD] initially issued ERD tokens on Binance Smart Chain and later swapped some for ERC-20 ERD tokens. Following the Elrond mainnet launch in 2020, a new economic model was created and ERD tokens were swapped for the new EGLD tokens at a rate of 1,000 ERD for 1 EGLD.

After the token swap, EGLD hit the market in September 2020 trading at about $20. Most of that month was spent in decline and by the start of October, EGLD was worth about $10. Prices continued to fall for the first week of October until EGLD hit a low of $6.45.

The next three weeks saw sideways price movement before EGLD began to rally at the end of November. This continued for most of December when prices reached a high of $30.72. EGLD pulled back the following week and as 2020 came to a close, the cryptocurrency was trading at $24.66.

Prices surged to almost $45 in the first week of January 2021 and then consolidated around that level for the next couple of weeks. The bullish momentum resumed at the end of the month and saw the Elrond market cap surpass $1 billion for the first time.

The growth was much steeper in early February as EGLD shot up to a peak of more than $236. A 60% retracement then saw prices briefly dip below $90 and remain under $175 for the rest of February and March.

Another rally in the first half of April culminated in a peak at EGLD’s all-time high of $251.26 on April 12. By this point, EGLD had provided year-to-date gains of nearly 920% and the Elrond market cap had surpassed $4 billion.

Prices had halved by a few days later. A rebound then took EGLD back above $200 in early May but the rest of the month was more bearish. Prices touched lows of under $66 during a crash of more than 50% on a single day in May. After regaining $128 towards the end of the month, EGLD spent most of June in decline. It reached a low of about $52, before recovering to above $80 at the end of the month.

Analyzing Elrond Price History

EGLD price history can be analyzed with many of the same techniques as the stock market. Technical analysis involves using various indicators while studying price charts in order to make sense of previous price movements. With EGLD, as with many other tradable assets, large price swings are often accompanied by spikes in trading volume, as a large number of traders buy or sell their coins on exchanges.

Fundamental analysis, on the other hand, looks at the finances and activities of a company, as well as the state of the wider market and economy. Elrond raised $1.9 million in private funding from backers including Binance Labs and NGC. Its founders were also responsible for founding MetaChain Capital, ICO Market Data, and Soft32, and are supported by a team with technical experience from Google, Microsoft, and Intel. These could be good signs for the fundamental Elrond value.

Broader market trends have also played a role in the price history of EGLD. Its surge early in 2021 wasn’t unique – the entire crypto market pumped around this time. Bitcoin was in the midst of a major bull run then, and with such strong market dominance, any significant price movement for Bitcoin often impacts other cryptocurrencies.

The sudden crash in May 2021 was also market-wide, affecting every single major cryptocurrency. Various contributing factors have been suggested, including comments made by Elon Musk, a crackdown by Chinese authorities, liquidations, and a healthy market correction.

The overall Elrond price trend tends to follow what’s known as a boom-and-bust cycle. This is a pattern in which a period of growing excitement leads to a surge in price before doubt and disillusionment set in and result in a crash.

Factors Influencing The Price of Elrond (EGLD)

A variety of different things can affect the market price of EGLD, including project news and developments, the flow of assets on exchanges, public sentiment, and emerging trends in the wider crypto and global economies.

EGLD was launched with an initial supply of 20 million tokens. The cryptocurrency is subject to a gradually decreasing inflation rate to cover staking rewards for the first 10 years until it reaches its max supply of 31,415,926 tokens. This makes EGLD a scarce asset, like Bitcoin, and so potentially a good store of value in the long term. However, transaction fees replace inflation as staking rewards, meaning the theoretical supply cap actually decreases with Elrond adoption.

Demand for EGLD is partly driven by staking. EGLD holders can run a validator node or delegate their tokens to a validator. As of June 2021, the yearly return for validators is 21.45%, while for delegators, it is estimated to be 15-19%. This opportunity for passive income could incentivize more people to buy EGLD for staking.

Governance rights are another benefit of holding EGLD. Meanwhile, the token is required to pay fees for transactions, smart contracts, and storage. This creates EGLD demand from developers building on Elrond and the users of apps on the network.

Thus, there will likely be greater demand for EGLD as the Elrond Network expands to incorporate more developers, dApps, and users. Events that drive Elrond adoption, such as project upgrades, the release of new features, and community engagement, could therefore boost the Elrond price.

Live Elrond Value and Market Cap

The market price of EGLD varies from moment to moment as it’s dictated by the balance of buyers and sellers on exchanges, which is in constant flux. 

Given EGLD’s volatility, its current price can change by a large amount in a very short space of time. The market cap of Elrond is equal to the price of EGLD multiplied by the number of EGLD in the circulating supply.

Elrond Price FAQ

How is the price of EGLD calculated?

EGLD’s price at any given time is decided by the balance of supply and demand on exchanges. When more people are buying EGLD than selling it, the price goes up, and when more are selling than buying, the price goes down.

Why is the price of EGLD different on each cryptocurrency exchange?

EGLD’s price is based purely on trading as there is no standard global Elrond price, so no one knows what it is “supposed” to cost. The trading volume and liquidity are different for each exchange and those differences are what affect the price.

What will EGLD be worth in the future?

It’s impossible to make price predictions with any kind of absolute certainty, as a whole host of different factors could play a role in determining the future EGLD value. However, as EGLD is required for transaction and smart contract fees, growth in the number of users and developers on the Elrond Network in the future could lead to a rise in EGLD price.


The price of EGLD has seen significant change since it emerged following the 2020 token swap. In that time, its price has gone from lows of under $6.50 to highs of more than $250. However, the journey hasn’t been smooth as EGLD’s volatility has led to surges and crashes along the way.

Many different factors have played a role in determining the price of EGLD, including demand from validators and delegators, the number of developers and users on the network, and trends in the rest of the cryptocurrency market and wider economy. Its current valuation is derived from the balance of supply and demand in the markets and constantly changes.

If you want to get started with the most user-friendly trading experience on the market, register with Kriptomat today to begin your journey into the world of Elrond and cryptocurrencies!