Evergrow Coin: A Guide To Investing In The Crypto

EverGrow Coin (EGC) is a reflection token that launched in 2021 with the goal of creating an ecosystem in which investors could profit by holding the token, rather than using it as a medium of exchange. EGC holders are entitled to an 8% reward on each purchase, transfer or sale, paid in BUSD. The token is designed to become more scarce over time, increasing its value. As of September 2024, the live EverGrow price is $6.10e-8 USD with a 24-hour trading volume of $161,656 USD. The process of buying EverGrow Coin involves downloading a wallet, such as Trust Wallet, and connecting it to PancakeSwap to swap BNBs or BUSDs for EGCs.

How to buy EverGrow Coin

EverGrow (EGC) is a yield-generating crypto token designed to be deflationary. It is built on the Binance Smart Chain (BSC), and holders of EGC earn a proportional share of 8% of every EGC transaction, paid in BUSD.

As EverGrow is not currently supported across the Coinbase ecosystem, you will need to use a decentralised exchange (DEX) to buy it.

Step 1: Open an online account

EverGrow is only available on PancakeSwap and BitMart. As BitMart does not offer its services to U.S. citizens, you will need to use PancakeSwap. As PancakeSwap is a DEX, you don't need to open an account, but you will need a compatible wallet to connect to the exchange.

Step 2: Buy a wallet (optional)

The wallet you connect to PancakeSwap is considered a "hot" storage wallet and is always connected to the internet, so it may be vulnerable to online attacks. If you want to store your crypto in the most secure way possible, use a "cold" storage wallet, which is only connected to the internet when transferring crypto in or out. The Ledger hardware wallet is recommended for storing EGC, with the Nano S and Nano X models available.

Step 3: Buy BNB

You will need crypto in your wallet to make the purchase. You can buy coins like BNB or a stablecoin like BUSD on Binance.US or FTX and transfer them to your wallet.

Step 4: Swap BNB to BNB Smart Chain Tokens

Go back to your wallet home screen and select "Swap". Select your BNB tokens and convert them to BNB Smart Chain tokens, as PancakeSwap runs on the Binance Smart Chain.

Step 5: Access PancakeSwap

After swapping your BNB, go to PancakeSwap. If you have an Android device, tap "DApps" on your wallet menu. iPhone users will need to manually enable the DApp browser.

Step 6: Connect your wallet

Once you are on the PancakeSwap exchange, tap "Connect Wallet" in the top right corner of the screen. This will connect your wallet to the decentralised exchange.

Step 7: Swap Binance Smart Chain BNB for EverGrow Token

After your wallet is connected, you will need to swap BNB for EverGrow. However, the EverGrow coin won't appear on PancakeSwap's list, so you will need to tap "Select a Currency" and paste the EverGrow token contract address: 0xC001BBe2B87079294C63EcE98BdD0a88D761434e. Select "Import" and accept the changes. You can now swap BNB for EverGrow. Confirm the operation, check the fees, and the transaction should be complete.

Step 8: Store Tokens

After buying EverGrow, the tokens will be stored on your wallet address. Now you can earn rewards and use EverGrow as you wish.

EverGrow Coin's price and market cap

EverGrow Coin (EGC) is a reflection token that launched in 2021. It is a deflationary token designed to become more scarce over time through regular burning. The token has a maximum total supply of 1,000,000,000,000,000 EGC. After the initial release, 50% of the tokens were burnt, and more coins are burnt daily via the repurchase and burn feature.

As of September 4, 2024, the live price of EverGrow is $6.10e-8 USD, with a 24-hour trading volume of $161,656 USD. The current CoinMarketCap ranking is #3367, with a live market cap of not available. The circulating supply is not available, but the max supply is 1,000,000,000,000,000 EGC coins.

The price of EverGrow Coin has fluctuated since its launch. For example, it reached an all-time low of $0.00000005841, only to reach an all-time high of $0.000003379 in less than a month. As of August 28, 2022, the price stood at $0.000000147.

The price of EverGrow Coin is calculated in real-time by aggregating the latest data across 1 exchange and 1 market, using a global volume-weighted average formula. The price of EverGrow Coin is down 12.75% in the last 24 hours.

EverGrow Coin's unique features

EverGrow Coin (EGC) is a reflection token launched in 2021. It is a deflationary token, meaning it is designed to become more scarce over time through regular burning. This makes it the first cryptocurrency to "self-produce" its profits for investors. The token's value increases as it becomes scarcer.

EverGrow's primary goal is not to be a medium of exchange but rather an ecosystem in which EGC investors can profit by holding the token. EGC holders are rewarded for each transaction made on the platform with the token. The decentralized platform is intended to create a beginner-friendly ecosystem that allows users to transition from traditional currencies to cryptocurrency seamlessly.

• NFT Marketplace: Users can trade, buy, and sell all types of NFTs on the site. The marketplace also has a minting tool that allows users to create their own NFTs using images, videos, and other data.
• DApp and Swap Exchange: EverGrow Coin provides a dashboard for decentralized applications (DApps) with a user-friendly swap exchange. Users can watch their earned rewards in real time.
• Staking Pools: EverGrow Coin uses a unique set of smart contracts for staking pools, shifting some of its liquidity to partner tokens, thus increasing their value. Participants receive tokens in exchange for their contributions to the pool.
• Play-to-Earn Game: An NFT game where users enter a BSC-based fantasy universe and earn daily login prizes, NFTs, and crypto while battling other players, fulfilling tasks, and defeating foes.
• Wallet: The Atlas Wallet is a multi-chain crypto wallet that allows users to trade and swap cryptocurrencies. It can hold up to 50 wallets, including watch-only, and offers FIAT on/off-ramp and cross-chain swaps.
• EverGrow Exchange: A decentralized exchange built to support the new generation of cryptocurrencies and seamless tokenomics integration. It allows holders to get rewards in both native and non-native digital currencies and trade and swap traditional cryptocurrencies.

EverGrow Coin staking

Staking is a process where you hold tokens and earn rewards. EverGrow Coin (EGC) is a reflection token that runs on the Binance Smart Chain. It is a decentralised platform that aims to create a beginner-friendly ecosystem, allowing users to transition from traditional currencies to cryptocurrency.

EGC holders can earn passive income by holding the token rather than liquidating it. The more coins held, the more profit is made, depending on the trading volume, utilities, and future of the token. This is because EGC is a hyper-deflationary token, meaning its supply decreases over time, creating scarcity and increasing its value.

How to Stake EverGrow Coin

To stake EverGrow Coin, you need to hold EGC in a suitable wallet. The wallet can then be connected to PancakeSwap, a decentralised exchange, where you can swap BNBs or BUSDs for EGCs.

• Download and install a wallet on your mobile device, such as Trust Wallet.
• Buy BNBs using your credit or debit card.
• Convert your BNBs to Smart Chain tokens.
• Link your wallet to PancakeSwap by tapping "Connect Wallet" in the right corner of the screen.
• Find EverGrow coins by tapping "Select a Currency" and inputting EverGrow's address: 0xC001BBe2B87079294C63EcE98BdD0a88D761434e.
• Click on the "Import" icon and swap your BNBs or BUSDs for EGCs.

As a reflection token, EGC holders are rewarded by levying transaction costs and then transferring a percentage of those fees to other holders. Each time you buy, sell or transfer EGC, you pay a 14% transaction tax. This is split as follows:

• 8% distributed as BUSD rewards to holders.
• 2% goes to liquidity on PancakeSwap.
• 2% goes to the BuyBack and Burn program.
• 2% is used for marketing.

BUSD rewards are dependent on daily trading volume. During a bear market, the daily volume might be lower, meaning less BUSD is entering investors' wallets. However, during bull markets, the volume can increase significantly, resulting in higher BUSD rewards.

EverGrow Coin's wallet options

EverGrow Coin Wallet Options

EverGrow Coin (EGC) is a reflection token that launched in 2021. It is a hyper-deflationary token, meaning its supply decreases over time, creating scarcity and increasing its value. EGC holders are rewarded for transactions made on the platform with the token. There are several wallet options for storing EverGrow Coin:

• Trust Wallet: This is a popular and widely-used crypto wallet that can be downloaded as a mobile app or a Chrome extension. It is available on Google Play and the iOS App Store, as well as on the Trust Wallet website for the Chrome extension. Trust Wallet is integrated with the BNB Chain network and can be easily linked to PancakeSwap, which is one of the exchange markets where EverGrow Coin is traded.
• Atlas Wallet: This is EverGrow's native wallet, which is a multi-chain crypto wallet with advanced features. It allows users to create up to 50 wallets for security and convenience. It also has an integrated swap feature, enabling users to trade and invest in various cryptocurrencies without leaving the app. Atlas Wallet supports over 4000 tokens on the Binance and Ethereum chains and offers instant access to over 300 cryptocurrencies across multiple blockchains. It also allows users to purchase cryptocurrencies with a debit or credit card and supports various FIAT currencies, including GBP, EURO, and USD.
• Coinbase Wallet: EverGrow Coin is available on the Coinbase wallet as of August 2024. Coinbase provides a helpful guide on where and how to buy EverGrow Coin.

It is important to note that when using a wallet like Trust Wallet or Atlas Wallet, you will need to connect it to a decentralised exchange (DEX) like PancakeSwap to trade your BNB or BUSD for EGC. Ensure that you follow the proper security measures and only download wallet applications from official sources to protect your funds.

Frequently asked questions