eGold Now Available on SimpleSwap.io - Exchange 300+ Cryptocurrencies Into EGLD!
We’re excited to announce that SimpleSwap.io users can now swap any of the 300+ listed cryptocurrencies into eGold! The process is simple, fast and requires little to no paperwork, thanks to platform intelligence that only requires KYC for high-risk users.
SimpleSwap has been created in 2018 and offers a direct avenue for exchanging tokens on pairs not normally available on any exchange. They can simplify swapping from ETH to EGLD, for example, to a one-step process, even if no ETH/EGLD pair exists.
The listing is important for Elrond because it enables a simple method to onboard the Elrond ecosystem from any other area of the crypto space.
About Elrond
Elrond is a new blockchain architecture, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
About SimpleSwap
SimpleSwap makes the cryptocurrency exchange process easy, safe and comfortable for everyone and supports a limitless exchange of 300+ coins without sign-up.
Beniamin Mincu, the co-founder & CEO of MultiversX, is a distinguished tech visionary and one of Europe's early blockchain pioneers. With a notable background as Product & Business at Nem Core in 2014, he subsequently founded and led MetaChain Capital as its CEO. Beniamin continues to shape the future of technology and blockchain with his unwavering vision and leadership.
