How to Buy GateToken (GT)
Beginner’s Guide
What Is GateToken (GT) ?
GateToken (GT) is the native token of the Gate.io exchange, which is one of the leading cryptocurrency exchanges in the world. It is an ERC-20 token that was launched in 2018, and it is used to pay for trading fees on the Gate.io platform. In addition, GateToken can also be used to participate in token sales and earn rewards on the GateChain network. The total supply of GateToken is limited to 300 million, with around 172 million currently in circulation.
How to Buy THORChain Summary
- Get a GateToken wallet (e.g. Ledger, Trezor ,Guardia, Exodus , AtomicWallet)
- Find an exchange that sells GateToken (e.g. Bitfinex , GATE , Huobi , Uniswap , HitBTC)
- Deposit money and make the trade
- Withdraw the GateToken to your wallet
Buying GateToken in 3 Simple Steps
Step 1 – Get a GateToken wallet
Exodus
Software Wallet
supported :
Desctop & Mobile
GateToken Hardware Wallets
The best option for storing any cryptocurrency would be to use a hardware wallet. These are pieces of hardware that store the private key to your coins offline.
Today, there are two leading hardware manufacturers to choose from – Ledger and TREZOR. Both companies have different models of hardware wallets that will get the job done.
If you want deeper insights on specific models, you can read my Ledger Nano X review or my TREZOR Model T review.
GateToken Software Wallets
Hardware wallets cost money, so if you’re not sure how serious you are about cryptocurrencies and just want to get a taste of what they feel like, perhaps you would be better off starting with a software wallet.
A software wallet is a free program that lets you store your coins on your computer or mobile phone.
The easiest GateToken software wallets to get started with are undoubtedly Exodus, AtomicWallet and Guarda . All wallets are very intuitive. Exodus, Atomic Wallet and Guarda is available on desktop for Windows, Mac and Linux, as well as on mobile for both iOS and Android. If you want more information you can read my Exodus, AtomicWallet and Guarda review.
Step 2 – Find an GateToken Exchange
Buy GateToken (GT) through Bitfinex
- Bitfinex is a cryptocurrency exchange owned and operated by iFinex Inc registered in the British Virgin Islands.Their customers’ money has been stolen or lost in several incidents, and they have been unable to secure normal banking relationships.Bitfinex was founded in December 2012 as a peer-to-peer Bitcoin exchange, offering digital asset trading services to users around the world. Bitfinex initially started as a P2P margin lending platform for Bitcoin and later added support for more cryptocurrencies.
Buy GateToken (GT) through Gate.io
- Gate.io is a crypto exchange founded in the fall of 2017. The platform is a part of Gate Technology Inc corporation, and has a registration address in Virginia, USA. The platform does not have an official license. Its interface is available for working in three versions: English, Chinese and Japanese.
Buy GateToken (GT) through Huobi
- Huobi is a Seychelles-based cryptocurrency exchange. Founded in China, the company now has offices in Hong Kong, South Korea, Japan and the United States. In August 2018 it became a publicly listed Hong Kong company. Following a 2017 ban on Bitcoin exchanges by the Chinese government, Huobi stopped Bitcoin withdrawals.
Buy GateToken (GT) through MEXC
- Founded in 2018, MEXC Global is known as the exchange of high performance and mega transaction matching technology. The team at MEXC Global are some of the first movers and pioneers of financial and blockchain technology. Currently, MEXC Global caters to 10 M+ users in more than 170 countries around the world and we have just started.
Buy GateToken (GT) Uniswap
- Uniswap is a cryptocurrency exchange which uses a decentralized network protocol. Uniswap is also the name of the company that initially built the Uniswap protocol. The protocol facilitates automated transactions between cryptocurrency tokens on the Ethereum blockchain through the use of smart contracts.
Buy GateToken (GT) HitBTC
- HitBTC is a cryptocurrency exchange from an unknown location that launched in 2014. It is operated by Hit Techs Limited.
Step 3 – Withdraw Your GateToken (GT)
Once you decide on an exchange, open an account and buy your GateToken. Make sure to withdraw the GateToken from the exchange to your personal wallet.
Never leave coins on an exchange, as you risk losing them all if that exchange gets hacked or shuts down (which has happened in the past).