How to Buy Golem (GNT) | Step-By-Step Tutorial
This step by step guide shows how to buy Golem (GNT).
If you're looking to invest in this cryptocurrency, this tutorial is all you need to follow.
With that said, let's begin.
What Is Golem (GNT)
Golem Network Tokens or GNT is a popular cryptocurrency that you can invest in.
It's a peer-to-peer marketplace for computing power. GNT connects computers in a peer to peer network and enables both the users and machine owners to rent resources of others' machines.
Golem was launched before 4 years and continues to be a popular cryptocurrency investment.
Also Read: How to buy Bitcoin
Also Read: How to buy Ethereum
How to Buy GNT
There are many ways on how to buy Golem.
One of the most popular and secure sources to buy GNT is a cryptocurrency exchange called Binance.
Binance has been one of the top exchanges for nearly 3 years, and is one of the largest by volume. Not only does it support a range of altcoins/alternative coins, it's also one of the most secure platform.
Step 1 - Creating a Binance Account:
Once you've entered the details, it will prompt you to verify your email address.
Log into your email account, and find the verification code and get your account verified.
Step 2 - Setting It Up
Once you've completed the first step, you'll be greeted by a familiar dashboard.
Before you go ahead and make a purchase, it's always a good idea to get your identity verified. This will also secure your account and prevent unauthorized access in the future.
Just follow the on-screen instructions and your account should be ready in no time.
Step 3 - Exchanging Bitcoin for Golem
If you already own some Bitcoin, deposit some in your Binance's wallet so you can trade it for GNT later.
If not, you can make a purchase directly on Binance and buy Bitcoin directly credit/debit cards. The payment options may be slightly different depending on your country, but the process is pretty much the same.
Once you've purchased some Bitcoins or have transferred some you already own to Binance, it's time to exchange BTC for GNT. If you don't have BTC but have other altcoins like Ethereum, it can also be used to buy Golem.
Step 4 - How To Buy Golem
This is the final step. If you've reached this step, you already have bitcoin/ethereum ready in your account. If not, make sure to complete the first three steps before you begin this one.
Go to GNT/BTC (the Bitcoin pair) or GNT/ETH (the Ethereum pair) depending on what coin you already possess.
Depending on how much Golem (GNT) you may want to buy, select your options.
If you want to trade all your Bitcoin for Golem, select 100% in the Buy options and click buy. Market option is to buy the coin/token at the current price, and the limit option is for traders who are looking to buy at a certain price.
Unless you're a trader, you don't need to consider the Limit Buy option. Just select the percentage of your Bitcoins that you want to allocate to Golem and your GNT will be ready in your account.
Final Words & Conclusion
That brings us to the conclusion of this 'how to buy Golem (GNT)' guide. We hope this helped you make a purchase. If not, did you get stuck on any step? Or did we miss anything in this step by step tutorial?
Either way, let us know by leaving a quick comment down below.
Once you've purchased Golem (GNT) or any other cryptocurrency of your choice, be sure to strengthen the security of your Binance account so it's never compromised.
A two-step authentication app like Google Authenticator should greatly help secure your account if you don't have an existing authentication app. You can also withdraw your tokens to a compatible wallet if you don't want to leave it on the exchange.