Cryptocurrency Q&A
What is egld used for?
What is egld used for?
CryptoGladiator
Sat Oct 26 2024
|
8 answers
1695
I've been hearing about EGLD and I'm curious to know what it's actually used for. Can someone explain the practical applications and benefits of using EGLD?
8 answers
Daniela
Mon Oct 28 2024
It is utilized for staking, which is a process of locking coins to support the network.
Was this helpful?
259
55
Tommaso
Mon Oct 28 2024
EGLD is also used for voting, enabling holders to participate in governance decisions.
Was this helpful?
122
32
mia_rose_lawyer
Mon Oct 28 2024
The native cryptocurrency is referred to as eGold.
Was this helpful?
266
20
BonsaiLife
Mon Oct 28 2024
Its ticker symbol is EGLD.
Was this helpful?
169
80
CryptoGladiatorGuard
Mon Oct 28 2024
Transactions on the network are facilitated using EGLD.
Was this helpful?
317
64
Load 5 more related questions
