What is EGX Coin? Enegra Group's Security Token
EGX Coin (Enegra) is a unique cryptocurrency that represents 100% equity in Enegra Group Ltd. The token is issued on the Polygon blockchain and adheres to the ERC-3643 security token standard. This means that EGX is not just a digital asset, but a tokenized form of company equity.
Enegra Group Ltd is a commodity trading company that aims to help commodity miners in emerging markets enhance their competitiveness in global markets through its professional trading, risk management, logistics, and governance capabilities.
EGX's Security Nature and Holding Mechanism
The core of the EGX token lies in its security attributes. All equity in Enegra Group Ltd is held by a licensed trustee company as the nominee holder for EGX token holders. This means that all equity-related rights and dividends, including voting rights and financial distributions, are directly passed on to the actual holders of EGX tokens.
As EGX is considered a security, investors must follow strict compliance procedures when purchasing or holding EGX in a self-custody wallet. This includes:
- Passing KYC (Know Your Customer) and AML (Anti-Money Laundering) checks.
- Agreeing to the relevant terms and conditions for EGX tokens.
- Whitelisting the wallet address used to receive or store EGX.
Enegra has not published a traditional whitepaper but provides an "EGX Overview Statement" to detail how the token and its underlying assets operate.
EGX Coin Key Data Overview
Below are some key data points for EGX Coin. Please note that some historical data may differ from current market conditions:
- Real-time Price: As of August 23, 2026, the real-time price of EGX is approximately $190.84.
- 24-hour Trading Volume: As of August 23, 2026, the 24-hour trading volume is approximately $79,170.
- All-Time High: The all-time high price was $7,543.31 (occurred on November 5, 2022).
- All-Time Low: The all-time low price was $89.82 (occurred on June 20, 2022).
- Total Supply: Currently, 87 million EGX are issued, representing the common shares of Enegra Group Ltd.
- Circulating Supply: As of September 2, 2023, the self-reported circulating supply was 84.98 million EGX. Please note that this is historical data, and the latest circulating supply may have changed.
- Market Cap: As of September 2, 2023, CoinMarketCap reported a market cap of $16.5 billion. This is historical data, and the latest market cap may have changed.
- Market Cap Rank: As of September 2, 2023, Enegra's market cap rank on CoinMarketCap was 2186. This is historical data, and the latest rank may have changed.
Where to Trade EGX Coin?
EGX tokens are primarily traded on the secondary market of centralized cryptocurrency exchanges (CEXs). Enegra Group no longer sells EGX directly on the primary market.
Main Trading Platforms
As of the time of writing, EGX can be traded on the following centralized exchanges:
- Biconomy.com (EGX/USDT trading pair is active)
- XT.COM
- BigONE
- P2B
The main trading pair is EGX/USDT, which means investors typically need to purchase USDT first and then use USDT to exchange for EGX.
Wallet Support
As an ERC-3643 token based on Polygon, EGX can be stored in Web3 wallets that support the Polygon network and ERC-20 tokens, such as MetaMask. Users can manually add EGX to their MetaMask wallet for management by importing its contract address (0xa8c557c7ac1626eacaa0e80fac7b6997346306e5).
Important Notes
Currently, there are no officially supported decentralized exchange liquidity pools for EGX. Given the security nature of EGX, investors must understand and comply with relevant KYC/AML requirements and whitelisting procedures before participating in trading. Some market opinions suggest that investors should exercise caution with such assets until the legal framework for tokenized shares is more mature.
