Internet-scale blockchain company Elrond announced today that its native token will be available through the eToroX crypto exchange. You can use Elrond’s eGold token to support the network and earn rewards.
The eToroX listing occurs when the trading platform expands its cryptocurrency platform after a 12-month break. eToro provides management services for over 15 million users who can trade stocks, crypto and commodities. eToroX is the crypto exchange for professionals.
Beniamin Mincu, CEO and Founder of Elrond Network, said: “In its 10 years, Bitcoin has proven that cryptocurrencies are safe and can serve an important purpose in the internet economy.”
“Elrond is opening a new frontier in internet-scale blockchain performance and an intuitive application called Maiar that we aim to use to bring the next billion people into the blockchain space.”
Elrond is an internet-scale blockchain designed to improve efficiency through a 1000x cumulative improvement in throughput and execution speed.
It can handle up to 15,000 transactions per second with 6 seconds of latency and minimal cost, and claims to be what broadband internet was in the early days of slow internet connections.
The company recently announced a digital wallet and global payments app called Maiar, which will be released next year. With Maiar, Elrond is aiming for a global crypto introduction and will have functions similar to PayPal, Venmo and Google Play – but no personal information will be collected from its users.
Elrond’s eGold cryptocurrency will be available on the eToroX exchange on December 23rd.