Buy EGLD at true cost with USD, EUR, GBP and 20+ fiat currencies
Elrond eGold (EGLD) is listed on the Crypto.com App today, 7 September 2020. EGLD joins a growing list of 70+ cryptocurrencies and stablecoins on our App, such as Bitcoin (BTC), Ether (ETH), XRP, Cardano (ADA), Chainlink (LINK), VeChain (VET), USD Coin (USDC), as well as Crypto.com Coin (CRO).
With the launch of the Elrond mainnet, the listing of EGLD on the Crypto.com App is Phase 1 of the ERD (ERC20) to EGLD (mainnet) migration process. EGLD is the native currency of the Elrond economy, and all ERD tokens will gradually be converted to EGLD tokens. ERD token holders will be able to convert their ERD (ERC20) to EGLD directly in the Crypto.com App.
The conversion rate was set at a 1000:1 ratio, 1000 ERD (old) = 1 EGLD (new).
The value of 1 EGLD will be 1000x of 1 ERD. Example: 1 ERD = $0.025, 1 EGLD = $25.
Crypto.com App users can now purchase EGLD at true cost with USD, EUR, GBP and 20+ fiat currencies, and spend it at over 60M merchants globally using the Crypto.com Visa Card.