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How to buy ELROND with Google Pay

Why investors buy ELROND with Google Pay

Google Pay was developed by Google as an online payment platform in order to make it simple for users to pay for goods and services. It was initially introduced in 2015 under the name Android Pay, but in 2018 it changed its name to Google Pay. Using your phone, tablet, or watch to make payments is possible with Google Pay. You can send money to friends and family members using Google Pay. A convenient method of payment, Google Pay is accepted by millions of physical and online retailers. Since Google protects your information with multiple security measures, Google Pay is also considered to be extremely secure. Also, users’ financial details are kept private when they use Google Pay to make a purchase. As of this day, more than 50 countries offer Google Pay service as a payment method. Some of Google Pay's features are:

  • If you select debit or pay with an existing balance, Google Pay won't charge you any extra fees.
  • The minimum transaction amount on Google Pay is $1, the weekly maximum is $20,000 and the overall maximum balance limit is $25,000.
  • Up to $20,000 can be deposited each week using Google Pay into a bank account or debit card.
  • It is fast, secure, and accessible worldwide
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Is EGLD a good investment?

Google Pay was developed by Google as an online payment platform in order to make it simple for users to pay for goods and services. It was initially introduced in 2015 under the name Android Pay, but in 2018 it changed its name to Google Pay. Using your phone, tablet, or watch to make payments is possible with Google Pay. You can send money to friends and family members using Google Pay. A convenient method of payment, Google Pay is accepted by millions of physical and online retailers. Since Google protects your information with multiple security measures, Google Pay is also considered to be extremely secure. Also, users’ financial details are kept private when they use Google Pay to make a purchase. As of this day, more than 50 countries offer Google Pay service as a payment method. Some of Google Pay's features are:

  • If you select debit or pay with an existing balance, Google Pay won't charge you any extra fees.
  • The minimum transaction amount on Google Pay is $1, the weekly maximum is $20,000 and the overall maximum balance limit is $25,000.
  • Up to $20,000 can be deposited each week using Google Pay into a bank account or debit card.
  • It is fast, secure, and accessible worldwide
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Who can buy ELROND with Google Pay

Whether a novice or an expert, anyone who uses our exchange can profit from the Google Pay payment method. The useability of our exchange is further improved, and our exchange users have access to a wider range of payment options thanks to the incorporation of Google Pay.

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What is EGLD ?

ELDG is the official token of the Elrond network, which was previously called ERD but was renamed in 2020. This token is used for running smart contracts, or as a reward to this blockchain’s users who participate in staking or other operations. Additionally, EGLD owners can vote on the network upgrades. Therefore, the more coins you have, the more power you will gain on this network. The most common use of EGLD is by smart contract authors. Therefore, these people might also be the ones who may need to buy more coins from people who own ELDG. Like most cryptocurrencies, ELDG also has a limited supply, equal to 20 million tokens.

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How to buy EGLD with Google Pay instantly?

Using Google Pay, users can instantly buy any cryptocurrency they want through our exchange, and the money is then sent to their wallet. Furthermore, our exchange's wallet and mobile app are Google Pay compatible. This provides our users with full access to all the fast and secure tools they need to trade digital currencies on our exchange instantly.

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Where can I buy EGLD online with a Google Pay?

In order to help users trade Bitcoin and other forms of cryptocurrencies in a more convenient and secure way, our exchange offers Google Pay as a form of digital payment. To use this payment method, you must first log in to your account on the Blocktrade.com website. Then, choose the digital coin you want to purchase from the list of available currencies, type the amount of cryptocurrency you need to purchase in the field, and then increase your account balance with a fiat currency. At last, choose Google Pay as your payment method and add to your balance before finalizing the purchase.

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Is EGLD Reliable?

The Elrond network uses the Secure Proof-of-Stake mechanism, which is more secure and protected than the traditional PoS. It uses several computers to secure the network and validate transactions, especially for distributing ELGD coins. Therefore, the Elrond network is considered a safe and reliable network. 

If you would like to know if ELDG is reliable, we can tell you that as long as you buy this coin from a trusted exchange and keep your coins in a protected wallet with a strong password, nothing can happen to your digital assets. In the case of holding the coins for a long-term investment, it is recommended to use a hardware wallet which is more secure than software wallets.

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FAQ

Frequently asked questions

You can buy ELDG from different exchanges. Blocktrade offers you zero processing fee, which makes it much more cost-effective to buy ELDG or other coins on this exchange. Furthermore, Blocktrade is a trusted exchange regulated in the EU.

One of the ideal ways to easily invest in cryptocurrencies is through Google Pay. Users can quickly deposit funds from their Google Pay accounts into our licensed exchange using its safe and practical platform, which enables them to buy and sell various cryptocurrencies.

Generally, ELDG and ELD are both the same coin on the Elrond network. The official token on this network at first called ELD, which was an ERC-20 token. But when the dedicated blockchain of Elrond launched in 2020, the previous tokens were swapped with the new one, called ELDG, which is not an ERC-20 token anymore.

There are no additional charges imposed by Google Pay over and above those assessed by your credit card company. Be aware that there are no trading fees on our exchange as well. 

It is not clear when is the right time to buy a coin. If you want to buy ELDG, we recommend you read more about it on social media or experts’ comments. Reading the whitepaper of this network can also brighten your way to see if it is the proper token for you to invest.

No. There are no products available through Google Pay that let you buy cryptocurrencies directly through Google Pay services. As a result, you must make a deposit into our legally authorized exchange, which accepts Google Pay, in order to invest in Bitcoin, Ethereum, and other crypto tokens of your choice.

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