How To Buy Gamium (GMM)?
A common question you often see on social media from crypto beginners is “Where can I buy Gamium?” Well, you’ll be happy to hear it is actually quite a simple and straightforward process.
Step 1: Create an account on an exchange that supports Gamium (GMM)
First, you will need to open an account on a cryptocurrency exchange that supports Gamium (GMM).
We recommend the following based on functionality, reputation, security, support and fees:
1
MEXC
Fees (Maker/Taker) 0.2%*-0.2%*
Cryptocurrencies
Available for Trade 1500+
Sign-up bonus
10% reduced trading fees & up to $170 in USDT vouchers*
Available in
North America, South America, Europe, Asia, Oceania, Africa
2
Gate.io
Fees (Maker/Taker) 0.2%*-0.2%*
Cryptocurrencies
Available for Trade 1000+
Sign-up bonus
Up to $100 in USDT vouchers*
Available in
Europe, Asia, Oceania, Africa
In order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.
Note: On specific exchanges, you might need to complete a Know Your Customer (KYC) procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.
Step 2: Deposit funds into your account
Many cryptocurrency exchanges will allow you to purchase Gamium (GMM) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.
Note: Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.
Step 3: Buy Gamium (GMM)
This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for Gamium (GMM) or Gamium (GMM) trading pairs. Look for the section that will allow you to buy Gamium (GMM), and enter the amount of the cryptocurrency that you want to spend for Gamium (GMM) or the amount of fiat currency that you want to spend towards buying Gamium (GMM). The exchange will then calculate the equivalent amount of Gamium (GMM) based on the current market rate.
Note: Make sure to always double-check your transaction details, such as the amount of Gamium (GMM) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or purchase a hardware wallet for the highest level of protection.
How to create a Gate.io account
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Step 1: Go to the Gate.io website.
Step 2: Choose your username, your email address and your password. Then check “I certify that I am 18 years of age or older, and I agree to the Gate.io User Agreement Privacy Policy” and click “NEXT”.
Step 3: Set your fund password and click “Create account”.
Note: Your fund password must contain at least 6 characters and can not be the same as your login password.
Step 4: An activation email will be sent to your email address. Complete the rest of the registration process by following the instructions in the email to activate your account. Once this is done done, click “Email activated, please log in”.
How to complete KYC (ID Verification) on Gate.io
In order to ensure the safety of your assets, and to reduce fraud, money laundering, blackmail, and other illegal activities, Gate.io makes it mandatory that all users obtain KYC ID Verification. Only after your account has obtained KYC ID verification, can you withdraw funds or use credit cards or debit cards to buy cryptocurrencies.
Step 1: Log in to your Gate.io account.
Place your cursor on the top-right profile icon and go to “KYC (ID Verification)”
Step 2: Click “Individual (Verify now)”
Step 3: Select your country, input your full legal name (twice), fill in your ID information, upload photos of both sides of your ID card, and a photo of you holding your ID together with your User ID (UID) for Gate.io. You will see your User ID by placing the cursor on the top-right profile icon on the main page. Make sure everything is filled in correctly and then click on “Confirm and Submit”.
Step 4: After you have submitted all the requested information, you will see the pending approval.
Approval can take anywhere from a few hours to a few days to complete.
Once the KYC is approved, you’re ready to make your first cryptocurrency purchase.
How to buy cryptocurrency on Gate.io
Step 1: Log in to your Gate.io account.
Then in the Menu Bar at the top of the page, click “Buy Crypto” and select “Credit Card”.
Step 2: Enter the amount you wish to spend in the “Buy with Fiat Currency” tab and select the cryptocurrency that you want to buy under the “Currency Purchased” field. Then select one of the “Service Providers” below and click the “Place Order” button to enter the confirmation page.
Note: You might not be able to purchase every cryptocurrency directly using fiat, if you’re looking to purchase something that isn’t offered in the currency list on this page, then you will want to purchase USDT. We will then show you how to exchange that on the spot-market for the cryptocurrency that you want in the next section of this guide.
Step 3: On the confirmation page, select “Buy Crypto” or the “Create Order” button to complete the payment.
Note: To ensure a quick and secure way of receiving the order, users might need to conduct an additional Identity Verification (KYC) with a third-party service provider. Once successfully verified, the service provider will immediately transfer the cryptocurrencies to your Gate.io account.
How to Conduct Spot Trading on Gate.io
Step 1: Log in to your Gate.io account.
Click on “Spot Trading” under “Trade” on the top navigation bar.
You can either choose “standard” or “professional” version. This tutorial uses the standard version.
Step 2: Search and enter the cryptocurrency you want to trade.
Step 3: Set buying/selling prices and buying/selling amount (or exchange total). Then click on “Buy”/”Sell”.
(Note: The percentages under the “Amount” box refer to percentages of the total account balance.)
Step 4: If you don’t want to set a manual price, you can click on the last prices on the order book to set the buying/selling price automatically.
Step 5: Confirm the price and amount. Then click on “Place Order” to place the order, followed by “Confirm Order” to confirm it.
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Alternative ways to buy Gamium (GMM)
Because the project is very new, it is only offered directly on a select number of exchanges. If you’re not comfortable connecting your bank account to any of these smaller exchanges, or if you cannot connect your bank account to them for geographical reasons. Then you can instead create an account on any of the major exchanges and simply transfer the funds from there.
Out of the major exchanges we recommend the following based on functionality, reputation, security, support and fees:
1
Binance
Fees (Maker/Taker) 0.075%*-0.1%*
Cryptocurrencies
Available for Trade 500+
Sign-up bonus
10% reduced trading fees*
Available in
Europe, Asia, Oceania, Africa
2
Bybit
Fees (Maker/Taker) 0.1%*-0.1%*
Cryptocurrencies
Available for Trade 400+
Sign-up bonus
$30,000 sign-up bonus*
Available in
Europe, Asia, Oceania, Africa
3
MEXC
Fees (Maker/Taker) 0.2%*-0.2%*
Cryptocurrencies
Available for Trade 1500+
Sign-up bonus
10% reduced trading fees & up to $170 in USDT vouchers*
Available in
North America, South America, Europe, Asia, Oceania, Africa
How to create a Binance account
Show Detailed Instructions
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Step 1: Go to the Binance website.
Step 2: On the registration page, enter your email address, and create a password for your account.
Then, read and agree to the Terms of Service and click “Create Account”.
Note: Your password must be a combination of numbers and letters.
It should contain at least 8 characters, one UPPER CASE letter, and one number.
Step 3: Complete the Security Verification.
Step 4: The system will send a verification code to your email. The verification code is valid for 30 minutes. If you can’t find the email in your inbox, check your other mail folders as well, or click “Resend Email” to resend.
How to complete KYC (ID Verification) on Binance
Step 1: Log in to your Binance account and click “User Center” and then “Identification”.
Step 2: click “Start Now” to verify your account.
Step 3: Select your country of residence.
Ensure that your country of residence is consistent with your ID documents.
Step 5: Enter your personal information and click “Continue.”
You won’t be able to change it once confirmed.
Refer to the respective options offered for your country.
Step 7: Follow the instructions to upload photos of your document. Your photos should clearly show the full ID document.
Do not wear hats, glasses, or use filters, and make sure that the lighting is sufficient.
Once your application has been verified, you will receive an email notification.
How to buy cryptocurrency on Binance
Step 1: Log in to your Binance account and click “Buy Crypto” and then “Credit/Debit Card”.
Step 2: Here you can choose to buy crypto with different fiat currencies. Enter the fiat amount you want to spend and the system will automatically display the amount of crypto you can get. When you have selected the amount you wish to spend then press “Continue”.
Note: You might not be able to purchase every cryptocurrency directly using fiat, if you’re looking to purchase something that isn’t offered in the currency list on this page, then you will want to purchase USDT. We will then show you how to exchange that on the spot-market for the cryptocurrency that you want in the next section of this guide.
Step 3: Click “Add New Card”. Then enter your credit card details and your billing address.
Step 4: Check the payment details and confirm your order within 1 minute. After 1 minute, the price and the amount of crypto you will get will be recalculated. You can click “Refresh” to see the latest market price. You will then be redirected to your bank’s OTP Transaction Page. Follow the on-screen instructions to verify the payment.
How to Conduct Spot Trading on Binance
Step 1: Log in to your Binance account.
Click on “Classic” under “Trade” on the top navigation bar.
Step 2: Search and enter the cryptocurrency you want to trade.
Step 3: Set buying/selling prices and buying/selling amount (or exchange total). Then click on “Buy”/”Sell”.
(Note: The percentages under the “Amount” box refer to percentages of the total account balance.)
Step 4: If you don’t want to set a manual price, you can place a “Market Order” to set the buying/selling price automatically.
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For more in-depth instructions, our ‘Absolute Beginner’s Guide To Cryptocurrency Investing‘ will take you through the process step-by step. In addition to providing instructions for sending and receiving your cryptocurrency.
And if you’re completely new to crypto our beginner, intermediate and advanced level articles will get you up to speed with everything you need to know about the cryptocurrency space starting out.
Simplecryptoguide.com
What Is Gamium (GMM)?
Gamium’s mission is to innovate how humans interact in the digital space by building the truly Decentralized Social Metaverse. Gamium envisions a future of interoperability where all the pieces of the digital space are together and custom economic and governance systems are created where humans are at the center.
With the mission to create the Decentralized Social Metaverse and the vision of interoperability, Gamium is developing two products:
- Gamium World: An endless virtual world that allows Avatars to create and enjoy unique immersive experiences.
- Gamium App: An all-in-one app that allows users to build and develop their Digital Identity and use it across Web3 and Metaverse applications thanks to its technology.
What is the Decentralized Social Metaverse?
The Decentralized Social Metaverse is a framework designed by Gamium to achieve its mission of innovating how humans interact in the digital space. The following layers form it:
- The Avatar (Digital Identity)
- Decentralization
- Economy
- Governance
- Social
- dApps/Apps
The Gamium App and Gamium World products are the gateways to the Decentralized Social Metaverse of Gamium.
How does Gamium (GMM) work?
The journey in Gamium starts with the user signing up to the Gamium App with a Web3 authentication login or email.
This user can then:
- Complete his Avatar Profile from 0 to 100% with his on-chain and off-chain data.
- Access different apps or services through Gamium App’s features, such as communicating with other Avatars.
The more features and data your Avatar profile contains, the more complete your Digital Identity will be. Consequently, the more valuable it will be within the Gamium ecosystem and outside of it.
The Avatar is a unique Digital Identity that brings all the digital fingerprints of a user into a unified entity. Apart from the on-chain and off-chain data, an Avatar also has an Anatomy, which is a 3D representation of the Avatar in the Gamium World.
Each Avatar has a Trust Score, going from 0 to 100, based on its on-chain and off-chain data.
The user must allow Gamium to access some of the Avatar’s data to calculate this Trust Score based on an open and public algorithm. The algorithm can be customized depending on the application or platform that requests it. However, Gamium does not store any data related to an avatar.
The user stores all the avatar’s data in Gamium’s app wallet, which they control and stores on their own devices.
The user can choose to display some of their avatar’s data publicly for other avatars or organizations. Also, the user can share some of their private data with other organizations if they want through the Avatar SDK. It’s always up to them.
What is the Gamium World?
The Decentralized Social Metaverse can be accessed through a 3D fully immersive environment known as Gamium World. Avatars are the creators of the Gamium World; they can build any experience through the Gamium SDK.
Genesis City is the center of the Gamium World, where you can find the Gamium’s emblematic buildings.
Gamium’s Emblematic Buildings contain unique dApps like DeFi Applications, Marketplaces, Education, and Jobs portals. In Genesis, you will also find immersive experiences and exclusive events.
Outside of Genesis, there are 10 neighborhoods with islands and districts for avatars to live in and build anything they like.
What can I do in the Gamium World?
In Gamium World, you can:
- Create a community with its own governance and economics
- Have immersive communication with other Avatars
- Interact with any existing app/dApps
- Access exclusive events
- Build 3D assets
- Go shopping
- Earn money
And much, much more!
What is the GMM Token?
Gamium’s economy is powered by two tokens:
- $GMM: Governance and exchange token
- $MST: Utility and reward token
Depending on the $GMM stake, users can access a wide range of extra functionality inside the Gamium ecosystem, such as:
- Avatar governance
- Metaverse governance (Gamium DAO)
- Launching and managing community-owned cities
- Applying for specific Metaverse jobs
- Receiving exclusive NFTs, or token airdrops
- Access exclusive events
The smart contracts related to the $GMM token are deployed on the Binance Smart Chain and are audited by Certik.
Gamium development updates in 2023
Gamium, a pioneering project in the metaverse and digital identity sector, has seen substantial advancements in 2023. This year, the focus has been on expanding its ecosystem and technological capabilities, aiming to enhance user experiences in the digital world. Here’s an overview of the most significant developments for Gamium in 2023:
-
Meta and Telefonica Partnership: One of the key highlights for Gamium in 2023 has been its collaboration with Meta Platforms and Telefonica. This partnership significantly bolstered the value and visibility of Gamium’s native token, GMM, leading to a notable surge in its market performance.
-
Launch of the Didit Protocol: Scheduled for May 23, 2023, the launch of the Didit Protocol is a major step for Gamium. This protocol is expected to introduce advanced digital identity solutions, enhancing security, privacy, and convenience for users on the internet.
-
Didit Personal and Business Solutions: Gamium has developed cutting-edge solutions for both individual users and businesses. Didit Personal offers a free-to-use Digital Identity App, allowing users to manage their decentralized identity with enhanced security and privacy. Didit Business, on the other hand, provides companies with sophisticated ID tools for user onboarding, identity verification, data authentication, and modern payment solutions.
-
Genesis Social Platform: Another significant development is the Genesis platform, a social space where users can create and experience immersive virtual worlds. Genesis features a vibrant environment with various neighborhoods and lands, offering limitless possibilities for virtual interaction and creativity.
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Deflationary Token Mechanics: The GMM token, operating on both the Binance Smart Chain (BSC) and Ethereum, is designed as a deflationary token. This means it employs buyback and burn mechanics, progressively reducing its circulating supply, which could impact its value and scarcity over time.
These developments reflect Gamium’s commitment to revolutionizing digital identity and metaverse experiences, indicating a promising trajectory for the platform in the rapidly evolving world of blockchain and digital assets.
Official website: https://gamium.world/
Best cryptocurrency wallet for Gamium (GMM)
There are plenty of different crypto wallets available. The best one for you depends on your general trading habits and which provides the most security in your situation. There are two main types of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical). Both have their pros and cons, and there is not necessarily a right or wrong answer when it comes to figuring out which crypto wallet is best for you.
HOW DO I DECIDE WHICH cryptocurrency WALLET TO USE for Gamium (GMM)?
Deciding which type of wallet to use depends on a variety of factors, including:
- How often you trade. In general, hot wallets are better for more active cryptocurrency traders. Quick login ability means you are only a few clicks and taps away from buying and selling crypto. Cold wallets are better suited for those looking to make less frequent trades.
- What you want to trade. As mentioned earlier, not all wallets support all types of cryptocurrencies. However, some of the best crypto wallets have the power to trade hundreds of different currencies, providing more of a one-size-fits-all experience.
- Your peace of mind. For those worried about hacking, having a physical cold wallet stored in a safe deposit box at the bank or somewhere at home, provides the safest, most secure option. Others might be confident in their ability to keep their hot wallets secure.
- How much it costs. It is important to investigate the costs associated with each wallet. Many hot wallets will be free to set up. Meanwhile, cold wallets, like any piece of hardware, will cost money to purchase.
- What it can do. While the basics of each cryptocurrency wallet are the same, additional features can help set them apart. This is especially true of hot wallets, many of which come with advanced reporting features, insights into the crypto market, the ability to convert cryptocurrencies and more. Security features can also be a good differentiator.
For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.
If you’re going to be dealing in larger volumes of crypto, investing in cold storage might prove advantageous.
Most widespead examples of this being the Ledger Nano and the Trezor.
Ledger manufactures cold storage wallets designed for users who want increased security. Their wallets are a physical device that connects to your computer. Only when the device is connected can you send your cryptocurrency from it. Ledger offers a variety of products, such as the Ledger Nano S and the Ledger Nano X (a bluetooth connected hardware wallet).
Trezor is a pioneering hardware wallet company. The combination of world-class security with an intuitive interface and compatibility with other desktop wallets, makes it ideal for beginners and experts alike. The company has gained a lot of the Bitcoin community’s respect over the years. Trezor offers two main models – The Trezor One and Trezor Model T (which has a built in touch screen).
Market Overview
Coinmarketcap.com
Coinmarketcap will be your cryptocurrency go-to for just about everything. Here you can see the following:
Market Capitalization And Daily Trading Volume
Current Market Price Of Every Cryptocurrency Relative To USD (And Some Local Currencies)
Circulating And Total Supply
Historical Charts With Prices Relative To USD, Bitcoin (BTC), And Ethereum (ETH).
