How to Buy Elongate in 5 easy steps.
Elongate, now EG Token (EG), is a blockchain tech startup launched in March 2021 with a mission to fuel social impact movements through innovative incentives and products. It is ideal for investors seeking to impact society positively and prioritize ESG concerns. The EG cryptocurrency token is built on the Binance Smart Chain (BSC).
Elongate is based on four principles: community, charity, clarity, and long-term viability. Leveraging blockchain and DeFi empowers social enterprises and NPOs by providing access to capital, financial services, and a strong community.
Thinking of how to buy Elongate? Read this guide today and get all your queries resolved about buying Elongate.
Step 1: Choose a crypto exchange platform and register on the platform.
EG Token is not listed for direct purchase with fiat on significant cryptocurrencies. You can buy the Elongate token as a trading pair with Tether (USDT) on MEXC Global, a CEX platform, or swap it with a Wrapped BNB token (WBNB) on Pancakeswap, a DEX platform. Please note that Elongate also has its own EG Trade trading exchange, which PancakeSwap powers.
If you opt for MEXC Global, you must make an account on the website to carry out the trade. Or else, you can buy WBNB from any significant crypto exchange, such as Binance, Coinbase, or Bittrex. You need to register on any of the given CEXs to buy WBNB.
Step 2: Purchase the crypto tokens.
Once your account is verified, add a payment method that suits your budget and preferences, such as a credit/debit card or bank transfer, and continue purchasing the USDT or WBNB tokens.
If your selected exchange is MEXC Global, you can now search for the USDT/EG pair and enter the desired number of EG Tokens you want. Once satisfied, you can move on with the trade to buy Elongate.
If you have opted for the swapping method, you must store your WBNB token in a wallet. Then swap it on PancakeSwap.
Step 3: Transfer the token to a supported wallet.
If you already own the EG Token on MEXC Global, you can transfer it to a trusted wallet to keep it safe. Some of the famous wallets are:
- MetaMask
- Assure Wallet
- Binance Wallet
If you own a WBNB, transfer your crypto tokens from the exchange platform to a supported wallet that accepts the WBNB token. To move the funds securely, install a wallet on your device, such as MetaMask or Binance Wallet. Create an account, copy your wallet address, select the network, and transfer the tokens securely to the wallet. Double-check before initiating the transfer to prevent any loss of funds.
Step 4: Connect Wallet to the DeX Exchange
Connect the wallet to a Dex exchange that supports EG Token, such as PancakeSwap. Access the exchange’s website/app, click the ‘connect’ button, and select your wallet option. Approve the connection request on your wallet app to enable access to your balance and transactions.
Step 5: Swap the crypto with the Elongate.
Choose WBNB as the payment currency to exchange your cryptocurrency with an EG Token. Enter the desired amount and review the exchange rate and network fee. After confirming, wait for processing and check your wallet for the Elongate balance.
Also read: How to buy Ethereum
Popular Video Guides on Buying Elongate (EG)
Also read: Elongate Prices Live
Where to buy Elongate (EG)
Pancake Swap, launched in 2020, is a renowned DEX operating on the Binance Smart Chain. It features yield farming, AMM trading, perpetual future trading, and staking. PancakeSwap enables users to earn passive income, participate in NFT trading, and leverage futures trading. The native token of the platform is CAKE, serving various purposes like governance, providing liquidity, and staking.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2020 |
| Deposit Methods | Crypto wallets |
| Deposit Fees | Gas fees or transaction fees (Depending upon the exchanges) |
| Cryptos Listed | All BEP-20 tokens |
| Trading Fees | 0.25% on each transaction |
| Fiat Currencies Supported | None (Crypto-to-crypto swapping) |
| Trustworthiness | Safe |
MEXC Global, founded in 2018 by Ryder Junji, is a major cryptocurrency exchange with a high-performance trading engine. Its mega transaction matching technology allows for unprecedented efficiency, processing up to 1.4 million transactions per second. The exchange provides localized language assistance and prioritizes user security, with a team of financial and blockchain technology professionals on board.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2018 |
| Deposit Methods | Bank Transfer, Credit Card, P2P |
| Deposit Fees | None |
| Cryptos Listed | 1600+ cryptocurrencies listed |
| Trading Fees | 0% maker fee and 0.020% taker fee |
| Fiat Currencies Supported | USD, EUR |
| Trustworthiness | Safe |
Already Holding Elongate
Frequently Asked Questions
Where can you buy Elongate with a credit or debit card?
Unfortunately, you cannot buy Elongate with any fiat currency. Hence, it cannot be bought using a debit or credit card. It can only be purchased as a USDT and EG trading pair on MEXC Global. Alternatively, you can buy it indirectly on Pancakeswap with any WBNB cryptocurrency.
What will you need to buy Elongate?
To buy Elongate token through swapping, you must possess a primary crypto in your wallet and use a Dex exchange platform such as Pancake Swap to exchange it for an Elongate. Additionally, you must have a photo ID, proof of address, a debit or credit card, a verified crypto exchange account, and a crypto wallet for the entire process.
What is the easiest way to buy Elongate?
The easiest way to buy Elongate is with a trading pair of USDT/EG on MEXC Global. You can buy the USDT token on the MEXC exchange and trade it with the EG Token. If you already own USDT coins, you can connect the wallet in which they are stored to the MEXC Global account and trade it with EG Token.
Best wallets to store your Elongate?
Crypto wallets provide different features, including web, mobile, and hardware options, DApp accessibility, support for multiple blockchains, and low-fee swaps. Some of the famous wallets to store your EG Token are:
- MetaMask
- Assure Wallet
- Binance Wallet
