How to buy Elongate in Australia
The best and easiest way to buy Elongate in Australia is through the MEXC exchange. MEXC accepts AUD deposits via Bank Transfer, Credit/Debit Card, Moonpay, Banxa, Mercuryo, Google Pay or Apple Pay. Follow the below guide to buy ELONGATE in Australia.
- Open a free account on MEXC and verify your email address and ID.
- Go to the 'Buy Crypto' tab, select 'Quick Buy/Sell' and choose 'AUD' and 'USDT'.
- Input the amount of AUD you want to invest, pick a method and click 'Buy USDT'.
- Open the 'Trade' tab, tap 'Spot', find 'Elongate' then type the amount you want to spend and click 'Buy Elongate'.
What is Elongate Crypto?
ElonGate is one of the newer cryptocurrencies that gained popularity from a meme. It started from a tweet posted by Elon Musk, he told his Twitter followers that if he is ever part of any scandal, it should be called “ElonGate”. After the tweet was posted, a fan immediately started working on the ElonGate website.
The token started trading in April 2021, and was listed at $0.000000084. Only a few weeks after launch, it reached its peak at $0.000001000 per token. This was a return of roughly 1,200% increase from its launch price. Since it peaked, it went back to about $0.00000080, which is still 10x the value of the first trading price.
ElonGate is a BEP-20 cryptocurrency that was built on the Binance Smart Chain network. Their platform charges a 10% transaction fee anytime someone trades the ELONGATE token, which then gets redistributed back to holders. Meaning that by holding the ELONGATE token, you get passive income from people trading the token.
ElonGate Live Price in AUD
ElonGate has no product nor does it provide any unique benefits or services to its users. The projected roadmap for ElonGate admits it doesn’t have any real world use-cases. It is essential to know that currently, meme tokens are some of the most volatile investments and require a lot of research before investing in them. The chart below is a live price of ELONGATE in Australian Dollars (AUD).