The wide range of cryptocurrencies available on our platform greatly enhances the opportunities for PointPay users. It also allows them to select the most suitable asset for their needs. Each month, we introduce new cryptocurrencies on PointPay, and currently, our platform offers access to 36 diverse assets. This selection includes both well-established, popular coins and various meme currencies.

Today, we are excited to announce the addition of EGLD, a cryptocurrency from the MultiversX project, to PointPay! You can now buy, sell, store, and trade EGLD coins on our platform. EGLD comes on pairs with USDT on our exchange.

MultiversX (EGLD)

MultiversX is a blockchain protocol with a primary focus on achieving unprecedented transaction speed and the ability to handle exceptionally high loads. This is made possible through the implementation of sharding technology, which enables a substantially higher number of transactions with minimal fees.

The overarching goal of the MultiversX project is to create a blockchain tailored for the future of the Internet of Things, the development of decentralized financial applications, and the realm of Fintech. All of this becomes feasible thanks to its exceptional transaction speed.

At present, the Elrond blockchain, a part of the MultiversX project, is capable of processing up to 15,000 transactions per second with a swift 6-second response time and a meager transaction fee of just $0.001. Furthermore, it seamlessly integrates smart contracts, adding another layer of versatility to the blockchain's capabilities.

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