What is MultiversX (EGLD)
Important: As per this announcement, EGLD was delisted from Bitfinex, ceasing trading on March 4, 2026, at 11:00 AM UTC. Withdrawals were closed on May 4, 2026, at 11:00 AM UTC.
MultiversX (EGLD) is the native utility token used for the Elrond blockchain platform for distributed apps, enterprise use cases and the new internet economy.
EGLD tokens are used on the Elrond Network to pay costs for processing transactions, running smart contracts, and rewards for various contributions.
Notes:
- MultiversX was previously known as Elrond.
- As of October 7, 2020 depositing EGLD does not require a memo. Hence, users were advised to generate new addresses.