How to Buy EverGrow Coin?
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For most investors diving into the cryptocurrency world, their portfolio often includes big players like Bitcoin and Ether. Yet, in the pursuit of potential game-changers, many enthusiasts explore emerging projects that could provide substantial rewards. EverGrow is one of such coins.
Despite being a minor in the industry, the cryptocurrency presents several opportunities. This text explores EverGrow Coin, how to buy it, and if it’s worth the investment.
What Is EverGrow Coin?
Launched in September 2021, EverGrow proudly stands as the “world’s leading yield generation token.” It came into the crypto scene with an enticing offer. Users who hold onto their native $EGC tokens in their wallet get passive income. This is in the form of $BUSD, a stablecoin pegged 1:1 with the US dollar, and it rolls in every 60 minutes. Basically, the longer you hold those EverGrow coins, the more passive income and capital growth you can pocket, regardless of the market condition.
EverGrow operates on the Binance Smart Chain (BSC), a blockchain known for lightning-fast block speeds and wallet-friendly gas fees. Plus, it plays by the BEP20 token standard rules, ensuring your privacy and security while seamlessly integrating with other BSC protocols. In a nutshell, EverGrow offers hassle-free, regular earnings in the crypto world, making it an interesting choice for investors.
How Does EverGrow Coin Work?
EverGrow (EGC) is not a run-of-the-mill token but a deflationary option designed to grow scarcer over time, thanks to a consistent burn strategy. When it launched, a staggering 1,000,000,000,000,000 $EGC came into existence. However, 50% of them were promptly dispatched to the EverGrow coin burn address.
Here’s where it gets interesting: A “buy back and burn” mechanism kicks in daily, fueled by a dedicated buyback reserve in BNB within the EverGrow smart contract. The contract swings into action, purchasing EverGrow tokens to increase its volume and dole out rewards. This system triggers some positive price action.
The tokens it acquires then take a one-way trip to the EverGrow coin burn address, effectively exiting circulation and reducing the overall supply of EGC. The result is an uptick in the value of the remaining tokens.
That’s not all; EverGrow is on a mission to keep things fair and square. As such, the team introduced an anti-whale mechanism, capping the maximum sale amount to any single wallet at a modest 0.125% of the circulating supply. This move is to safeguard against those massive sell-offs that can send prices tumbling.
When it comes to the development team, a crew of nine individuals runs the system. Each person has their LinkedIn profile proudly displayed on the website. With this, holders can easily check out the team’s profile and experience to learn if they’re trustworthy.
For those seeking assurance, EverGrow has provided comprehensive documentation. Solidity Finance has rigorously reviewed the project, which underwent two comprehensive assessments. These include the examination of the whitepaper, the smart contract, and an audit report.
Additionally, TechRate conducted an exhaustive evaluation of EverGrow’s smart contracts and noted no concerns. Thus, stakeholders can be confident that EverGrow is navigating its cryptocurrency course with integrity.
Reward System
EverGrow is making waves in the crypto world, having dished out up to $37.5 million in $BUSD to its holders. This feat, touted as the largest in the history of crypto projects, is impressive for a coin that kicked off its journey in September 2021.
Here’s the breakdown of how the reward system works:
- Whenever you buy, sell, or transfer EverGrow coins, there’s a 14% transaction tax. This is to discourage excessive sales of the token.
- 8% of that tax flows straight into $BUSD stablecoin rewards, which are given out to EverGrow token holders.
- 2% of each transaction takes a dive into a liquidity pool, ensuring PancakeSwap keeps things stable with a solid price floor.
- Another 2% goes to a smart contract earmarked for a strategic buyback reserve.
- Last but not least, the remaining 2% is for marketing and development, keeping the EverGrow ecosystem thriving.
This unique model has propelled EverGrow to amass a whopping 139K holders across 150 countries. It also has a social media fan base of over 100K followers and members.
Is EverGrow Coin Worth Investment?
Before wondering “how to buy EverGrow Coin,” you must consider the coin’s worth. Like many cryptocurrencies that emerged, EverGrow seems to have loads of potential. This means that there’s a possibility for growth and holders will make substantial profits in the future.
Regardless, time will tell if it can meet expectations. Investors simply have to keep an eye on whether the developers deliver on their promises and if interest in EverGrow gains momentum. Only then can you make a well-informed call on whether the coin deserves a spot in your investment portfolio.
Looking into 2022, its creators are gearing up for some adjustments that could make waves in the investment landscape. Here’s the rundown:
- Crator Content Subscription Platform
- Staking pools
- NFT Marketplace
- Oracle-based NFT Game
- Exchange
- NFT Lending Platform
- Wallet
Let’s explain a few of these:
Crator Social Media Platform
Another thing on the books is Crator, which facilitates content subscriptions. Through this platform, one can buy content, message creators, drop a tip, and subscribe. You can do this using $EGC, other coins, or fiat money. This caters to a broad range of enthusiasts, ensuring that no one is left out.
LunaSky NFT Marketplace
In the future, the team aims to introduce LunarSky as a decentralized NFT marketplace that covers all bases. This means you can mint, buy, sell, lend, or trade tokens on the platform, including those from liquidated collateral on the NFT lending platform. Plus, the marketplace lets you turn images, videos, or any digital content into digital assets effortlessly.
EverGrow Exchange
The team aims to create the EverGrow Exchange as a decentralized haven for crypto activities. Through this medium, you can buy, sell, or trade your favorite cryptocurrencies effortlessly. What’s more, users enjoy rewards in both native and non-native currencies.
EverGrow Crypto Wallet
The introduction of the native wallet will be a game changer, as it will simplify transactions. With the wallet, one can easily buy, sell, and trade these coins. The cherry on top is that wallet owners can earn token rewards and enjoy traditional crypto investing right from their wallets.
This lineup undoubtedly shows impressive future potential. Still, it’s essential to acknowledge that EverGrow still carries risk due to its inherent volatility.
Another thing one should consider when wanting to know how to buy EGC coin is the price. Well, the amount has been a rollercoaster, swinging from an all-time low to an all-time high in a matter of weeks. For instance, in early 2022, EverGrow saw a shift from $0.000002348 to $0.000001033 within a week.
As such, predicting the future of EverGrow’s price is as elusive as the coin itself. Projections range from hitting zero to reaching $0.000000525 by 2023 and $0.000000670 by 2025.
The verdict on whether to buy the EverGrow coin remains hazy. What’s certain, however, is that EverGrow is carving out a unique path for cryptocurrencies, ushering in a new era of passive earning opportunities.
Where to Sell EverGrow Coin?
Before checking out where to sell the cryptocurrency, we will check out where to buy EverGrow coin. Currently, direct fiat purchases using traditional methods like PayPal or bank cards aren’t possible. Instead, you’ll first need to obtain a different cryptocurrency that’s easy to buy with fiat, like USDT, BTC, ETH, or BNB. Once you’ve secured your crypto of choice, you then focus on finding exchanges or wallets that facilitate EverGrow Coin (EGC) trading.
One standout option is Binance, a globally renowned cryptocurrency exchange. It’s a hub for diverse crypto pairs and liquidity, making it a secure space to exchange your fiat-acquired cryptocurrency for EGC. However, if Binance isn’t in your playbook, there’s Gate.io. This American crypto exchange provides an alternative gateway for users looking to delve into the EverGrow ecosystem.
What Are Predictions for EverGrow Coin in 2024?
In 2023, all tokens suffered from the swift price changes in the crypto market. EverGrow wasn’t left out of the equation. However, 2023 seems to be a good year for digital currency. According to Binance, the coin will hit a maximum of $0.000000216, while the average will be $0.000000169. On the flip side, if there’s a bearish trend, the coin could go down to $0.000000138.
For 2024, Binance’s predictions take an even better turn. According to the price forecast, the Evergrow coin is projected to reach an average price of $0.000000368 by 2024. In an optimistic scenario, the year’s culmination might witness a peak price of $0.000000479 during bullish events. Conversely, in a bearish market setting, the Evergrow coin’s price could dip to a minimum level of around $0.000000219.
Other sources have different predictions:
- Based on Ambcrypto’s analysis, EverGrow Coin’s highest anticipated price for 2024 is projected at $0.00. Likewise, it predicts that the average potential price will also hover around $0.00.
- According to Coincodex, EverGrow Coin price is expected to range between $0.000073655 and $0.000079670.
- Cryptopredictions notes that EverGrow Coin will start the year 2024 with an estimated average price of $0.000000068187895.
- Looking at Priceprediction.net’s insights, EverGrow Coin is foreseen to hold an average price of $0.00000024 throughout 2024.
- Digitalcoinprice indicates that in January 2024, EverGrow Coin might see a minimum price of $0.0000000897.
How to Buy the EverGrow Coin?
Now that you’re well-versed in where to buy EverGrow coin in the US, let’s delve into the process of obtaining it. These coins are available for purchase on a few platforms, but for this walkthrough, we’ll focus on how to buy EverGrow coin on Trust Wallet.
Trust Wallet, a familiar name among crypto enthusiasts, stands as a non-custodial crypto wallet program designed to securely hold users’ tokens. Given that ECG operates on the Binance Smart Chain, it deviates from the norm of traditional coins. Consequently, individuals looking to get these coins through Trust Wallet will need to transact using the Binance coin.
Below, we outline the steps of how to buy EverGrow crypto on Trust Wallet.
Choose an Exchange and Create an Account
Currently, PancakeSwap and BitMart are the only platforms where you can purchase these assets. For the illustration, our guide will focus on PancakeSwap. The beauty of PancakeSwap lies in its decentralized nature; hence, no account setup is required. All you need is a compatible wallet that seamlessly connects with the exchange.
Before making the purchase, ensure that your wallet has enough cryptocurrencies. You can opt for well-known popular choices like BNB or the stablecoin BUSD, and platforms like Binance serve as reliable sources for obtaining them.
Pick a Wallet (Optional but Recommended)
PancakeSwap operates with a “hot” storage wallet, which is connected to the internet. Still, we recommend opting for a “cold” storage wallet to add an extra layer of security. A cold storage wallet, only linked to the internet during transfers, minimizes vulnerability to cyber threats. Consider this optional step to fortify the safety of your cryptocurrency holdings.
Make the Purchase
Now that you’ve picked an exchange and a wallet, you’re ready to make your EverGrow purchase. Here’s how to go about it:
- Link your Binance wallet to PancakeSwap and hover over “Trade.”
- Select “Exchange” from the dropdown menu.
- In the upper coin selection field, pick BNB as your preferred coin. If BNB isn’t your currency of choice, convert it to your preferred coin for the trade.
Finding EGC might not be straightforward, especially if you’re a first-timer. So to do this, follow these steps:
- Head to the EverGrow website and copy the contract IP for EGC.
- Paste it into the “Select a Token” search field in the PancakeSwap pop-up window.
- Click “Import,” acknowledge the warning, and confirm the import.
- Now, EGC should be visible in the lower coin choices.
- Specify the amount of your chosen coin to exchange for EGC, adjusting the slippage tolerance to 17.7%.
- Locate the gear icon at the top of the swap box and enter 17 in the right-hand pane under slippage tolerance.
- Close the settings window and proceed to complete the transaction.
- Click “Swap,” followed by “Confirm Swap,” and finally, confirm through your wallet when prompted.
- EverGrow Coin (EGC) should appear in your wallet.
How to Sell EverGrow on Trust Wallet
Selling these tokens on Trust Wallet is as easy as buying them. Here are the steps to follow:
Log Into Your Trust Wallet Account
Begin by logging into your Trust Wallet account using the mobile app. Ensure you have an adequate amount of EverGrow Coins available for the swap.
Navigate to DApps Option
Head to the DApps section, which is located at the bottom right corner of your mobile screen within the app.
Locate PancakeSwap in DApps
Search for PancakeSwap within the DApps list and select it to initiate the EverGrow Coin exchange process. If the webpage is not on the smart chain, ensure to select it from the list.
Select BNB for Swapping
Upon entering PancakeSwap, BNB is the default option for swapping. If another cryptocurrency is what you get, select it, and a list will appear. Opt for BNB from the list.
Enter EverGrow Coin Contract Address
Before proceeding, click the downward arrow to swap the positions of Cake and BNB. Choose the Cake option and enter the EverGrow Coin contract address:
Specify the Amount and Verify the Exchange Rate
Enter the quantity of EverGrow Coin you wish to exchange. Verify the exchange rate displayed for BNB. The value of BNB will be shown under the BNB option.
Complete the Swapping Process
Hit the Swap button and confirm the transaction by clicking Confirm Swap. Wait for a few minutes to ensure the credited amount reflects the exchanged EverGrow Coin.
Convert BNB to Stable Coin (BUSD)
Navigate to the Dex option in Trust Wallet to convert BNB to BUSD, a stablecoin. Enter the desired quantity and click on Swap.
Input the Amount and Withdraw
After entering the amount, select BUSD and click Send to Withdraw. Enter the recipient’s address or scan the QR code displayed.
Deposit BUSD to Binance Account
Visit your Binance account, click on the deposit option, select BUSD, and copy the Binance receive/deposit address. Ensure you’re on the correct network.
Complete the Swap
Return to Trust Wallet, paste the copied address in the “Recipient’s address” field, and confirm. Your BUSD value is now transferred to the Binance centralized exchange wallet.
Withdraw BUSD from Binance
In your Binance account, click “Withdraw Fiat,” choose the currency, enter the BUSD quantity, and provide your bank information. Add a new card if necessary and wait for the process to complete.
Conclusion
We’ve covered everything about “EverGrow Coin How to Buy.” Our detailed guide also provided a step-by-step process on how to sell these coins. We noted the worth of the cryptocurrency and its predictions for the coming year, which will help you decide if it’s a worthwhile investment.
FAQs about Evergrow coin
Where Can I Buy Evergrow Coin?
For EverGrow crypto where to buy, you can use Binance or Gate.io.
Are There Any Downsides To Buying Evergrow Coin?
All cryptocurrencies are volatile, so the price could change at any time.