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How to buy ELROND with PayPal

Why investors buy ELROND with PayPal

PayPal is an online money transfer service that allows users to create virtual or electronic accounts and use these accounts in a safe, fast, and easy-to-use network. Using PayPal, people can transfer money or buy and sell products on the Internet. Both individuals and legal entities can use PayPal services. Our exchange also benefits from this payment platform and integrates its service for a better customer crypto-trading experience. Some of the major values of using PayPal payment services are;

  • The PayPal payment method is easy to work with, it is user-friendly and simple. 
  • It uses a highly advanced anti-fraud system that increases the security of this platform.
  • Anyone can make a PayPal account easily and benefit from its services.
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Is EGLD a good investment?

PayPal is an online money transfer service that allows users to create virtual or electronic accounts and use these accounts in a safe, fast, and easy-to-use network. Using PayPal, people can transfer money or buy and sell products on the Internet. Both individuals and legal entities can use PayPal services. Our exchange also benefits from this payment platform and integrates its service for a better customer crypto-trading experience. Some of the major values of using PayPal payment services are;

  • The PayPal payment method is easy to work with, it is user-friendly and simple. 
  • It uses a highly advanced anti-fraud system that increases the security of this platform.
  • Anyone can make a PayPal account easily and benefit from its services.
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Who can buy ELROND with PayPal

Basically anyone. By creating a PayPal account, you can benefit from using its services when purchasing crypto through our exchange. To purchase cryptocurrency using PayPal, you don't need to be an expert. There are only a few steps involved in the purchase process, which is easy to understand and very quick. For beginners who are just entering the world of crypto, using the PayPal payment method through our exchange may be one of the most practical methods, and for frequent users, one of the most convenient ones.

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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 PayPal instantly?

By using the PayPal payment method through our exchange, your crypto transactions can happen very quickly because of its straightforward and easy interface. How quickly you buy or sell cryptocurrency in this world has a significant impact on the value you receive. Many of our exchange users choose to use this method to buy cryptocurrency instantly since it’s easy to have a PayPal account and a well-known secure method.

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Where can I buy EGLD online with a PayPal?

First, you’ll need to set up a PayPal account. Then you can easily use our exchange to buy any cryptocurrency you want and pay for it through your PayPal balance with easy steps. You should log on to your account on Blocktrade.com. Choose the cryptocurrency you want to buy. Enter the amount of cryptocurrency to purchase and select adding up the balance through PayPal, to complete your cryptocurrency 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.

PayPal as a payment platform is secure, easy to use, and fast to finalize. Its main advantages rely on security as it gives an extra level of fraud prevention. It also encrypts your bank or credit card information to keep it safe.

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.

Digital currency traders do not have to pay fees for their transactions using the PayPal payment system. Also, digital currency users can convert their digital currency balance to fiat currency easily and without additional costs. Plus, no exchange fees are charged for cryptocurrency transactions on our exchange.

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.

With a verified PayPal account, you can send up to $60,000 per transaction. You’ll also have no limits on how much money you can send from your account overall. There’s also a standard limit of 30 transactions per day.

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