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Convert
Chilean peso (CLP) to MultiversX (EGLD) Instantly

CLP CLP
EGLD EGLD
Buy MultiversX (EGLD)

Purchase MultiversX (EGLD) with Chilean peso (CLP) easily at Switchere and benefit from fast, secure transactions.

About
MultiversX (EGLD)

MultiversX (EGLD), formerly known as Elrond, is a high-performance Layer 1 blockchain platform engineered to provide internet-scale throughput, security, and developer-friendly tools for Web3 applications. Its core mission is to solve the scalability trilemma, providing the foundational infrastructure for DeFi, NFTs, and the Metaverse without compromising decentralization. The network's impressive performance is driven by two key innovations: Adaptive State Sharding and a Secure Proof of Stake (SPoS) consensus mechanism. Adaptive State Sharding is a comprehensive scaling solution that parallelizes transaction and network processing across dynamic shards, enabling the blockchain to scale linearly with demand. This ensures low transaction costs and high throughput for a seamless user experience.

The SPoS consensus algorithm complements this scaling technology by providing enhanced security and efficiency, introducing a random selection of validators within shards to reduce latency and energy consumption. The native digital asset, EGLD, is the cornerstone of this ecosystem. It functions as a utility token for paying transaction fees, deploying smart contracts, and staking. Holders can stake their EGLD to participate in network validation, contributing to its cryptographic security while earning rewards. EGLD also serves as a governance token, allowing participants to vote on protocol upgrades, making it essential for all on-chain operations and interactions within its expanding suite of DeFi applications.

MultiversX (EGLD)

How to Buy MultiversX (EGLD)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose CLP to EGLD Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your MultiversX Wallet Address

    Provide your EGLD wallet address and proceed with the payment.

  3. Step 3 illustration
    03

    Receive Your MultiversX

    Complete the payment, and your EGLD will be sent to your wallet.

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Frequently asked questions

  • What is the best way to buy MultiversX (EGLD) with Chilean Pesos (CLP)?

    The most common method is to use a centralized cryptocurrency exchange that offers a direct CLP/EGLD trading pair or a CLP fiat on-ramp. Users typically need to complete KYC/AML compliance, then deposit CLP via local payment methods like a Chilean bank transfer or WebPay. Once funded, you can place an order on the exchange's order book to purchase the EGLD digital asset.

  • What technical features of MultiversX, like Adaptive State Sharding, are relevant when I acquire EGLD?

    Understanding MultiversX's architecture is key. Its Adaptive State Sharding technology allows for high network throughput and low transaction costs, which is beneficial when you move your EGLD from an exchange. Additionally, its Secure Proof of Stake (SPoS) consensus mechanism enables you to participate in network security and earn rewards by staking your EGLD in a compatible digital wallet like xPortal.

  • What are the typical fees when trading from CLP to EGLD on an exchange?

    There are several fees to consider. First, a fiat deposit fee might apply when funding your account with CLP via a bank transfer. Second, the cryptocurrency exchange will charge a trading fee, often based on a maker-taker model, for executing your CLP to EGLD order. Finally, when you withdraw your EGLD to a personal digital wallet, a network transaction fee, determined by the MultiversX blockchain's activity, will be charged.

  • Why is having a direct CLP to EGLD fiat gateway important for Chilean users?

    A direct CLP to EGLD fiat gateway removes friction and conversion costs associated with using an intermediary currency like USD. It allows Chilean residents to directly enter the MultiversX ecosystem using their local currency. This simplifies access to staking EGLD, interacting with dApps, and managing ESDT tokens, fostering greater adoption of the MultiversX network in the region.

  • After buying EGLD with CLP, what is the most secure way to store it?

    For secure trading and storage, it is highly recommended to move your EGLD off the exchange into a personal digital wallet where you control the private keys. The official xPortal app (formerly Maiar Wallet) is a popular choice for mobile access and interacting with the MultiversX ecosystem. For long-term storage or larger amounts, a hardware wallet provides the highest level of security against online threats.
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