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MultiversX is an integrated blockchain network designed to ensure high scalability, transparency, fast and secure transactions, improve user experience, optimize costs, and create new business models on the platform. MultiversX promises to build a new digital economy and wants to grow the MultiversX community by leaps and bounds. The MultiversX community is supported by a highly qualified team of engineers, developers, investors and auditors. Moreover, MultiversX has partnered with some of the leading names in the blockchain community like DSLA Protocol, Terra Virtua, TypingDNA, Neurolabs, Binance, Nash, OIN, BitMax, WazirX, etc.
Features:
- SPoS (Secure Proof of Stake) consensus mechanism ensures more security and scalability on the platform. EGLD stakeholders can share MultiversX coins and earn rewards by authorizing and verifying nodes
- State hash to initiate non-conflicting transactions
- WASM virtual machine for testing and processing different smart contract languages
Best MultiversX (eGLD) Wallets
MultiversX eGold or EGLD is the platform token. However, to store EGLD, users need a wallet that supports eGold coins. Below is a list of five different safe wallets for storing EGLD tokens.
XPortal Wallet
XPortal It is an official eGold digital wallet powered by the MultiversX blockchain network. Creating this portfolio is very easy. You don’t need any password, private keys or passphrases for recovery. You just need to register in the wallet with your phone number. However, you can use the recovery passphrase in case the wallet is lost. The digital wallet will access your phone’s address book and allow you to send codes to your friends and family members from anywhere in the world. Transaction fees are as low as $0.001. There are no hidden fees. For those who do not want to share their phone numbers with strangers, Maiar.com has a solution for them as well. Introducing ‘herotags’, a special feature that uses only a username and a DNS service that runs across the MultiversX blockchain network. The wallet is end-to-end encrypted, supports eGold, MultiversX tokens, Ethereum (ETH), Binance (BNB), ERD ERC20, ERD BEP2, and plans to support BTC in the future.
Earn $10 on your first eGold (EGLD) purchase of $200: Use (referral code: “7gf9keyg1b”) after downloading the application.
Ledger Nano S/X
MultiversX has happily announced that it has integrated the Ledger Nano S wallet, one of the most reliable hardware wallets in use to date. Users simply have to install the MultiversX eGold app in their Ledger Nano S or Ledger Nano X wallet and start storing eGold tokens. To get started, users have to set up their Ledger Nano S wallet and remember to upgrade it with the latest firmware. To install the MultiversX app, they have to unlock the Ledger device and search for the MultiversX app by opening the Ledger Live app. The installation is easy. To send and receive codes, you must give the correct addresses. You can also earn rewards by authorizing through staking. You can check the transaction history and funds balance at any time in the ledger wallet. Buy the Ledger Nano S/X now!!!
MultiversX web wallet
MultiversX web wallet It is the official wallet of the MultiversX blockchain community. It is simple, secure and easy to generate, send, receive and transact with their EGLD Tokens. To create this wallet, you have to create a secure password and keep all passphrases and private keys protected for future use. Get notified instantly when a transaction is completed successfully and view transaction history and details at any time on the wallet.
Trust Wallet
Trust Wallet is the official wallet of the Binance network and apart from being the most popular wallet in the network, it is trusted by more than 5 million users worldwide. The mobile wallet has now extended its support for eGold tokens and all existing and new users of the Trust Wallet can hold MultiversX tokens in their wallet. So, wallet users can safely download the wallet in their Android and iOS phones and start storing and transacting cryptocurrencies as well as navigate through the many dApps available in the wallet.
Frontier Mobile Wallet
Frontier mobile wallet recently announced support for eGLD tokens on the MultiversX network. To get started, download Frontier Mobile Wallet to your Android phone from the Play Store. Now, just install the MultiversX app and run the process. Next, you need to create a secure PIN to access your wallet and a basic 12-word code for recovery purposes. Now to access the MultiversX wallet, you need to go to the “Menu” section and change to the MultiversX wallet. Now for those who already have a MultiversX wallet, you need to click on the “Import Wallet” icon and choose the MultiversX wallet and generate a PIN. Now your wallet is ready to store your MultiversX tokens. To receive eGLD tokens, simply copy the QR code or address and start receiving tokens.
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