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Tunisian dinar (TND) to MultiversX (EGLD) Instantly

Purchase MultiversX (EGLD) with Tunisian dinar (TND) easily at Switchere and benefit from fast, secure transactions.

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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)

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How to Buy MultiversX (EGLD)

  1. Select currency menu

    Choose TND to EGLD Pair

    Select your preferred payment method and enter the amount.

  2. Crypto address page

    Enter Your MultiversX Wallet Address

    Provide your EGLD wallet address and proceed with the payment.

  3. Confirmation page

    Receive Your MultiversX

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

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Frequently Asked Questions

  • What exactly is the TND/EGLD trading pair?

    The TND/EGLD pair represents the exchange rate between the Tunisian Dinar (TND) and MultiversX's native cryptocurrency, EGLD. It allows users to price and purchase EGLD, the digital asset used for transaction fees, staking, and interacting with smart contracts on the high-throughput MultiversX blockchain, which utilizes a unique Adaptive State Sharding architecture.

  • What are the key technical features of MultiversX (EGLD) I should know?

    MultiversX is known for its high scalability achieved through 'Adaptive State Sharding,' which splits the network into manageable segments (shards) to process transactions in parallel. It operates on a 'Secure Proof of Stake' (SPoS) consensus mechanism, offering energy efficiency and security. Additionally, its architecture supports sophisticated digital assets like Meta-ESDTs (semi-fungible tokens) and is designed for enterprise-grade decentralized applications.

  • Is KYC/AML compliance necessary when purchasing EGLD with TND?

    Yes, any reputable P2P platform or cryptocurrency exchange service that facilitates fiat-to-crypto transactions will require KYC/AML (Know Your Customer/Anti-Money Laundering) checks. This involves verifying your identity with official documents. It is a standard security procedure to prevent fraud and comply with global financial regulations, ensuring a secure trading environment.

  • How can I buy EGLD with Tunisian Dinar, considering local regulations?

    Direct fiat on-ramps for TND on major cryptocurrency exchanges are rare due to Tunisia's financial regulations. The most common method is through peer-to-peer (P2P) platforms where you can find a seller willing to accept TND via local bank transfer. Always use a P2P service with a secure escrow system to protect both parties during the digital asset purchase.

  • What kind of fees are involved in a TND to EGLD transaction?

    A TND to EGLD transaction typically involves several potential fees: a platform fee from the P2P exchange, a potential fee from your bank for the TND transfer, and the MultiversX network transaction fee. The MultiversX blockchain fee is notably low, often a fraction of a cent, making it economical to move your EGLD to a secure digital wallet like the xPortal app after purchase.

  • How can I securely store my EGLD after purchasing it?

    For optimal security, you should move your EGLD from the exchange to a personal digital wallet where you control the private keys. The official MultiversX wallet is the xPortal app, which offers a user-friendly interface. For long-term storage or larger amounts, consider a hardware wallet (like Ledger) compatible with the MultiversX network. Always back up your secret recovery phrase and store it offline in a secure location.

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