How to Buy Evergrow Coin

Cryptocurrencies like Evergrow are commonly referred to as “shitcoins”. They are small, insignificant and have dim prospects. But hey, there are already 136,404 EGC holders, the project demonstrates an incredibly healthy market cap to liquidity ratio, and over the past month the token has managed to grow by 51.85%.

While large and established projects like the first crypto or Ethereum are steadily and confidently traversing the vastness of the cryptographic world, startups like EverGrow offer unexpected and non-standard solutions. Their value sometimes soars sharply and far upward, forcing those who did not recognize the asset’s potential early to kick themselves.

Therefore, in order to invest in EverGrow in time, let’s find out where to buy EverGrow coin, how to do it in the best way and whether a coin located on the outskirts of great crypto empires is even worth the attention of crypto investors. 

The Functionality of EverGrow Coin Explained

Most likely, you came across this article by Googling “where can I buy EverGrow coin?”, and you will get the answer, but a little later. Now, why not find out a little more about the asset you are thinking of investing in? But if you already know everything you need to make a good decision, feel free to skip this part.

The EverGrow Coin (EGC) stands out as a groundbreaking reflection token, launched in September 2021 with a unique deflationary approach. EGC operates on the Binance Smart Chain, offering investors an 8% reward in $BUSD on every transaction, making it a top choice for passive income. The coin’s deflationary design, imposing a 14% transaction tax on buys or sells, ensures a sustainable utility and stabilizes its value.

EGC’s ecosystem extends beyond traditional cryptocurrencies. It introduces innovative platforms like Crator, the world’s first crypto and fiat integrated social media, an NFT Marketplace, a secure crypto wallet, and a Play-to-Earn Game. The groundbreaking Reflection-Backed Liquidity Offerings and partnerships with successful coins like Safemoon further solidify EGC’s position.

As the project evolves, it aims to transform passive income through its suite of utilities, including LunaSky NFT Marketplace, Atlas Wallet, EverGrow Staking, and Lucro Gaming. The net profits from these utilities contribute to the BuyBack & Burn program, reinforcing EGC’s commitment to its investors and creating a unique shared ecosystem. In an industry driven by trust, EverGrow emphasizes transparency, with audits and a nine-person development team, ensuring a secure and promising future for its community.

Where Can You Acquire EverGrow Coin?

Given that EverGrow Coin is a relatively new and smaller token, the options for purchasing or exchanging it are somewhat limited compared to more established cryptocurrencies. However, a reliable and straightforward method is to utilize decentralized exchange (DEX) platforms, with PancakeSwap being a notable choice.

PancakeSwap, a decentralized platform built on the Binance Smart Chain (BSC), provides support for the swapping of BNB (Binance Coin) to EGC. This allows investors to easily acquire EverGrow tokens while taking advantage of the decentralized and trustless nature of DEX platforms.

Navigating the Procedure of Purchasing EverGrow Coin

For those who Googled “how can I buy EverGrow Coin,” here is a step-by-step guide to help you navigate the process.

Getting your hands on EGC tokens is not as easy as buying, for example, Bitcoin or Ethereum. In other words, to purchase EverGrow coins, you’ll have to use BNBs (like with Elongate coin) or BUSDs and swap them for EGCs.

Option 1: Using Trust Wallet and PancakeSwap

• Download and Install Trust Wallet:

Download and install the Trust Wallet on your mobile device. This wallet is compatible with the Binance Smart Chain (BSC).

• Buy BNBs:

Purchase BNBs using your credit or debit card. You can do this on platforms like Binance.

• Convert BNBs to Smart Chain Tokens:

Convert your BNBs to BSC tokens within the Trust Wallet.

• Link Wallet to PancakeSwap:

Open PancakeSwap and tap on “Connect Wallet” in the top right corner. Connect your Trust Wallet. Once connected, find EverGrow coins.

• Add EverGrow’s Address:

Since EverGrow is a custom token, tap on “Select a Currency,” and input EverGrow’s address:

0xC001BBe2B87079294C63EcE98BdD0a88D761434e

• Import and Swap:

Click on “Import” and proceed to swap your BNBs for EGCs.

Option 2: Using Binance Wallet and PancakeSwap

• Open an Online Account:

Create an account on PancakeSwap or BitMart. For this example, we’ll use PancakeSwap.

Source: PancakeSwap

• Buy BNBs:

Acquire BNBs through platforms like Binance.

• Choose a Wallet:

Decide on a wallet. Binance Wallet is recommended for this process.

• Connect Wallet to PancakeSwap:

Access PancakeSwap, connect your Binance wallet, and hover over “Trade,” then click “Exchange.”

• Add EGC to Wallet:

If EGC doesn’t appear, visit CoinMarketCap’s EverGrow page, copy the contract address, and paste it in PancakeSwap. Import and proceed.

• Set Slippage Tolerance:

Adjust slippage tolerance to 17%. Click “Swap” and confirm the transaction.

• Store EGC Securely:

Consider transferring EGC to a hardware wallet for enhanced security.

Remember, before proceeding, conduct thorough research and exercise caution. Crypto investments involve risks, and it’s crucial to ensure the security of your transactions and assets.

Assessing EverGrow Coin as an Investment Opportunity

Deciding whether EverGrow Coin is worth buying involves considering various factors. It includes its price history, potential for growth, and associated risks. EverGrow operates on a hyper deflationary model, where the total supply decreases over time, theoretically leading to a steady increase in value. However, like any investment, there are inherent risks that potential investors should be aware of.

One crucial factor to evaluate is the historical price performance of EGC coin. The initial release of the token saw a remarkable surge of 3,792% after burning half of its total supply. However, it subsequently experienced a significant drop of over 90% since November 2021. Despite this, the token has shown a 51.85% growth in the past month.

A notable drawback is the limited availability of EverGrow on major exchanges. As of the last check, it is not listed on the top 20 exchanges based on trading volume. The token is available on platforms such as LBank, BitMart, Coinsbit, and Bitrue, but one of them is inaccessible to U.S. residents. The lack of exposure on major exchanges may hinder its accessibility and adoption.

Additionally, EverGrow Coin’s value is tied to its scarcity, but its potential for upward movement may be affected by the waning interest in the overall crypto market. The scarcity of a token becomes valuable when there is significant interest or accessibility.

As for price predictions, projections suggest a potential increase in value, with estimates reaching $0.0000001074 by the end of 2024, $0.0000001058 by the end of 2025, and $0.0000001448 by the end of 2026. However, it’s crucial to note that crypto price predictions are speculative and subject to various factors.

Conclusion

EverGrow Coin, a unique deflationary crypto, offers potential for growth but comes with risks. With a fluctuating price history and limited exchange availability, investors should carefully assess its viability. EverGrow’s ecosystem expansion, including Crator and NFT platforms, shows promise, but its current status as a micro-cap token poses challenges. To acquire EverGrow Coin, utilizing decentralized exchanges like PancakeSwap is recommended. However, potential investors must conduct thorough research, considering the token’s volatility and evolving market dynamics. Deciding on the EverGrow Coin buying requires a balanced evaluation of its features, risks, and the broader crypto landscape.

FAQ

What payment methods can I use to purchase Evergrow Coin?

To buy EverGrow Coin, you can use payment methods like credit or debit cards to acquire BNB, and then swap BNB for EGC on platforms like PancakeSwap. Always prioritize secure transactions and thorough research.

Are there any fees associated with buying Evergrow Coin on an exchange?

Yes, when buying EverGrow Coin on an exchange, you may encounter transaction fees. These fees can vary depending on the platform you use and the type of transaction. Always check and be aware of the fees before making any purchases.

How do I secure my Evergrow Coin after purchase?

Safeguard your EverGrow Coin by transferring it to a secure hardware wallet for enhanced protection. Keep your private keys confidential and enable two-factor authentication on relevant platforms for added security.

Disclaimer: Please keep in mind that the content of this article is not financial or investing advice. The information provided is the author’s opinion only and should not be considered as direct recommendations for trading or investment. Any article reader or website visitor should consider multiple viewpoints and become familiar with all local regulations before cryptocurrency investment. We do not make any warranties about reliability and accuracy of this information.