Elrond is a blockchain platform that enables high-throughput processing of transactions and execution of smart contracts. It is designed to be scalable, efficient, and secure.
Elrond uses a new consensus algorithm called Adaptive State Sharding, which allows the network to process transactions in parallel and achieve high throughput. Elrond is developed by a team of experienced blockchain engineers and researchers, and is backed by investors such as Binance Labs, OKEx, and Huobi Global.
To get started with Elrond, you first need to create an account on Binance. Once you have registered and logged in, you will be able to deposit Bitcoin or Ethereum into your account. Once your deposit has been processed, you can then exchange it for Elrond (ERD). To do this, go to the “Exchange” tab on the top menu and select “Basic”.
NOTE: Warning: Do not attempt to get Elrond on Binance. Elrond is not supported on Binance and any attempts to get Elrond on the exchange can result in a loss of funds or other serious consequences. If you wish to buy/sell Elrond, please use an exchange that is specifically designed for this purpose.
Then search for “ERD/BTC” or “ERD/ETH” in the search box. Select the pair that you want to trade and click “Buy ERD”. Enter the amount of ERD that you want to buy and click “Buy ERD Now”. Your transaction will be processed and you will now own Elrond!.
Elrond is a new blockchain platform that promises high-throughput processing of transactions and execution of smart contracts.
If you’re looking to get started with Elrond, then Binance is a great exchange to use. You can easily deposit Bitcoin or Ethereum into your account, and then trade it for Elrond (ERD). The process is quick and easy, and you’ll be able to start using Elrond right away!.
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