MyEtherWallet is a web service that offers the ability to create an Ethereum wallet (Ethereum is the blockchain that Golem exists on). Token holders pay people who are renting their computing power for their services, which can be used for stuff such as CGI rendering, machine learning and scientific computing. Transactions between participants are safe because computations take place in sandbox environments that are sequestered from hosts’ systems.

Argent mitigates this risk with its social recovery feature. This feature allows you to assign friends to approve access to your wallet in case you lose your private keys. Golem Token (GNT) sold for a price of 1 cent in its initial coin offering. During the 2017 bull market Golem’s price rose dramatically, reaching just over a dollar.

Which are the most popular Golem pairs?

The Golem’s platform cryptocurrency is the Golem Network Token. However, not long ago, the project made a migration to ERC-20 token and now Golem crypto has ticker GLM. Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market. To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it’s a good idea to have those ready.

If you want to give someone GNT coins, you need to tap the GNT asset on the home screen and swipe left. Enter their wallet address, the amount to send, and hit Send. Keep an eye on your crypto portfolio in the ZenGo app directly from your mobile device. You can trade or buy GNT at any time, taking advantage of changes in the marketplace the minute they occur. A great thing is that your card can be issued not only in US Dollars, Euro, British Pounds Sterling and Ruble. You can use any payment card in any local currency to deposit funds at CEX.IO.

Learn how to buy Golem (GLM) in our step-by-step guide.

ZenGo is all about simple, safe, smart transacting on the go. Hold, send, receive or trade GNT and other tokens whenever you want, with a few taps on your mobile phone. Your ZenGo wallet will open up the world of crypto investing like never before.

If you already own GLM and hold it in a Kriptomat exchange wallet, you can easily sell it by navigating the interface and choosing your desired payment option. Golem network uses a reputation system to keep the network safe from malicious participants. When a task request is completed, the Golem system rates users, which forms the reputations of Providers and Requestors.

What are the best ways to buy Golem?

After the cryptocurrency craze cooled off, Golem reached a low of 2.5 cents before appreciating to over 30 cents after its announcement to migrate GNT tokens to GLM ERC-20 tokens. GNT or Golem Network Token is needed to pay for computations on the network and is the currency that drives our marketplace. As a Requestor, you set a bid for an amount of GNT you are willing to pay to have your task completed. As a Provider, you earn GNT by computing tasks for Requestors.

These allow you to buy coins with euros, pounds, dollars, etc. You can buy Golem via Credit/Debit card or Bank Transfer directly on the exchange. To buy Golem on exchanges, you’ll first need to create and validate your account by giving some personal information data.

Create. Compute. Earn.

Renters pay for these services and resources through Golem’s native crypto coin, GNT. Because Golem users need GNT to make and receive payment, the coin has grown in popularity. The Golem token (GLM) is the native coin of the network, and users need to pay computation fees when using it.

ZenGo uses a combination of threshold key signatures (TSS), 3-factor authentication, and facial recognition to keep your investments safe and secure. Golem has a popular blog with a chat function where the network can liaise and discuss their investments and projects. On top of that, like with every other crypto, How to buy golem tokens GNT also has an active, albeit small, community on Reddit. So, if you’re interested in learning more about it, consider subscribing. When it was first launched, it wasn’t clear whether the ERC-20 standard was ready for adoption, which is why Golem decided to create and audit their own token on Ethereum, GNT.

Buy Golem through exchange services

Alternatively, you can use your bank account to make deposits or VISA & MasterCard. Daniel is a big proponent of how blockchain will eventually disrupt big finance. In the box marked ‘your amount’ enter either the amount of your money you want to spend or the amount of GNT you want to buy. There is also the option to ‘buy with all my available balance’.