Convert
Polish Zloty (PLN) to MultiversX (EGLD) Instantly
Purchase MultiversX (EGLD) with Polish Zloty (PLN) 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.
How to Buy MultiversX (EGLD)
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Frequently asked questions
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What is the most direct way to buy MultiversX (EGLD) with Polish Złoty (PLN)?
The most direct method is using a centralized cryptocurrency exchange that offers a PLN/EGLD trading pair. This serves as a fiat on-ramp, allowing you to deposit Polish Złoty via local payment methods like bank transfers or BLIK. You will need to complete KYC/AML verification before you can make a digital asset purchase. -
What are the technical advantages of MultiversX that I access by converting PLN to EGLD?
Converting PLN to EGLD gives you direct access to the MultiversX network, a highly scalable blockchain known for its Adaptive State Sharding technology. This architecture allows for massive throughput and low transaction fees. EGLD is the native asset used for securing the network through its Secure Proof of Stake (SPoS) consensus mechanism, paying for smart contract execution, and interacting with ESDT tokens. -
What kind of digital wallet is recommended for storing EGLD after buying with PLN?
After acquiring EGLD, it is best practice for secure storage to move it from the exchange's custodial wallet to a non-custodial wallet where you control the private keys. The official MultiversX wallet, xPortal (formerly Maiar), is highly recommended. For long-term holding or large amounts, consider a hardware wallet for maximum security against online threats. -
What types of fees should I expect when trading the PLN to EGLD pair?
There are typically three types of fees: 1) Deposit fees for funding your account with PLN, which can vary by method (bank transfer vs. card). 2) Trading fees on the exchange, which are usually a small percentage of the transaction value (maker/taker fees). 3) Withdrawal fees, which include a fee from the exchange and the very low MultiversX network transaction fee (gas) to move your EGLD to a personal wallet. -
Why is a direct PLN/EGLD pair beneficial for Polish investors?
A direct PLN/EGLD pair provides a seamless fiat gateway into the MultiversX ecosystem. It eliminates the need for double conversions (e.g., PLN to EUR/USD, then to EGLD), which saves on conversion fees and simplifies the process. This direct on-ramp improves capital efficiency and provides clearer pricing in the local currency for staking, participating in governance, or using dApps on the network.