Crypto.com Enlists Binance Launchpad Backed Elrond’s ERD Token, Now Available For Trade

Cryptocurrency trading platform Crypto.com has listed Elrond’s ERD token, which launched via the Binance Launchpad. Users can now buy and sell ERD token at true cost, using bank transfers and credit cards on the platform.

https://t.co/vCNztABJoG Lists Binance Launchpad Token – Elrond’s ERD. Buy and sell Elrond now at true cost with bank transfer and credit card (both are supported!) Full details – https://t.co/hJDzX0tGt5 @ElrondNetwork @binance @cz_binance @Binance_DEX pic.twitter.com/4pHk3HSL7J

— Crypto.com (@cryptocom) August 13, 2019

Crypto.com is one of the best crypto exchanges Canada and most preferred trading platforms across the globe and has gained significant popularity among novice and experienced users alike. The platform is also among the few, which offer trading via credit cards, therefore bringing mainstream users in the world of crypto.

ERD will join the list of top cryptocurrencies and stablecoins, including Bitcoin, Ethereum, Litecoin, Ripple, TrueUSD, PAXOS, MCO, and CRO.

Crypto.com released an official blog for the announcement, in which it stated that Elrond is a highly scalable network, which emphasizes on security, scalability, interoperability, and efficiency. The network was built with “adaptive state sharding”, based on the tried and tested Proof-of-Stake protocol. According to the Crypto.com review and also as the blog further read that users will be able to purchase a newly added token at actual cost, with no additional fees, along with support for bank transfers and credit cards.

Users will also benefit from the MCO Visa Card, which allows convenient conversion of fiat to crypto while making payments to over 40 million merchants worldwide. Commenting on the development, Co-Founder and CEO of Crypto.com said,

We are pleased to make Crypto.com a platform for the Elrond community to purchase ERD at true cost. Given the growing selection of digital assets, fiat onramp and lack of fees, Crypto.com is simply the best place to buy, sell and pay with crypto.

On the other hand, Beniamin Mincu, Founder and CEO of Elrond was built with the most scalable and efficient blockchain architecture ever and has a capacity to push for real-world adoption. He also added that,

They are happy to list Elrond on Crypto.com and bring real utility for the whole Elrond community. Starting today you can shop using ERD directly!