Buying and Selling
You can buy tokens in two ways:
- On the exchanges where the token is presented. You can find a list of exchanges on our website or in our Telegram group.
The purchase of a token is carried out according to the crypto2crypto scheme and by card on the website in the personal account or on one of the exchanges listed on the gmt.io website in the "Buy GMT" section.
The cost of a token is determined by exchange quotes. The average market value and trading volume of the token is displayed on CoinMarketCap and CoinGecko. Exchange quotes depend on the demand for the token, which is formed from the following factors: - Bitcoin cost - the complexity of the Bitcoin network - market value of computing power
GoMining token can be bought via the "crypto to crypto" scheme.
The currency you can buy GoMining token for depends on the exchange you choose. Up-to-date information on the currencies can be found on the official websites of the exchanges, where GoMining token is presented. A full list of exchanges can be found on the GoMining website under the "Buy GMT" section.
- 1.Go to the wallet settings and enter "GoMining Token" in the search bar
- 3.If the search does not give any results, add the token manually using the following smart contract address: 0x7Ddc52c4De30e94Be3A6A0A2b259b2850f421989
By purchasing GMT, holders get to use part of the ever-growing computing power of the device fleet, which is involved in Bitcoin mining. From the next day, they start receiving rewards in BTC to their bitcoin wallet. To start getting rewards, a holder needs to add a BTC address in his personal account.
The reward is charged once a day, starting the next day after purchase and verification.
In order to exchange GMT from one standard to another, you need to go to your personal account and go to the "Bridge" tab.
Enter the address of the wallet in one of the standards (ERC-20 or BEP-20) from which you plan to withdraw GoMining tokens. After that, enter the address of the network to which you wish to transfer tokens. Then specify the amount of GoMining tokens you want to exchange and click "Transfer".
ERC-20 and BER-20 are standards for different blockchain networks. ERC-20 is the Ethereum-based technical standard for tokens. BEP-20 is the Binance smart chain token standard. ERC-20 and BEP-20 differ in transaction cost and transaction speed. The GoMining token has been issued on both the ERC-20 and BEP-20 standards.
Verification is needed to confirm that you are the owner of the crypto wallet and can determine the BTC address to which the mining reward will be distributed.
There are three ways to verify a wallet:
1. Link a wallet via Wallet Connect (verification will happen automatically) 2. Link the wallet via MetaMask (verification will happen automatically) 3. Enter the GMT-wallet address (on ERC-20 or BEP-20) and the BTC address manually, then make a transaction for a small amount according to the instructions in your personal account. The transaction amount is unique and is proof of wallet ownership.
You can sell the token on centralized or decentralized exchanges. A complete list of exchanges is available on our website in the "Buy GMT" section.