News

MultiversX and SafePal Team Up: Secure EGLD Trading Made Easy

  • MultiversX integrates EGLD with SafePal, enhancing accessibility and security for 13+ million users globally.
  • SafePal users can now seamlessly manage and trade EGLD directly through their preferred browsers.

MultiversX has announced that its native token, EGLD, has been integrated into SafePal. For over 13 million users, this connection provides security and improved accessibility so they may buy and trade EGLD across more than 200 countries. This is a significant turning point in the growth of the MultiversX ecology.

#MultiversX 🤝 @iSafePal

Giving 13+ million users direct access to purchase and swap for $EGLD in over 200 regions.

Through a great combination of usability, accessibility and security. pic.twitter.com/Puy5BCj7Ma

— MultiversX | Sovereign Chains (@MultiversX) July 5, 2024

Using EGLD, this new step by MultiversX and SafePal provides three layers of trading value. One of the main highlights is SafePal’s cold storage service, which presently locks over $20 billion worth of cryptocurrencies. This guarantees that users may trade EGLD under great security.

Furthermore, the SafePal mobile app offers consumers an on-the-go interface, which simplifies interaction with the MultiversX network. This mix of security, accessibility, and usability is supposed to draw a lot of fresh users to the platform.

Benefits for SafePal Users

SafePal users can now most effectively access the native token of MultiversX straight through their chosen browsers. This flawless connection ensures that customers maintain their EGLD tokens without switching between several platforms, therefore improving the user experience.

Meanwhile, EGLD’s price at the time of writing is traded at $33.77, a reflection of a 19.75% rise over the last 24 hours.

Along with a bullish trend over the preceding seven days with an overall rise of 14.83%, this price surge also points to As SafePal becomes more widely available, the integration with it is probably going to improve EGLD’s market performance even more.

Previously, CNF highlighted MultiversX’s strategic development and creative initiatives in the DePin market, therefore highlighting its leadership. Another piece of evidence of MultiversX’s dedication to providing its customers with innovative ideas and increasing its market share is this most recent integration with SafePal.

SOURCE

Leave a Comment