2021-12-26 15:59 |
Gala coin started the month of December on a pullback but it has now started moving up and analysts believe that if it breaks out above the current price triangle it could go for $1.
To help crypto investors eyeing to invest in the GALA coin, Invezz has produced the following brief article to help explain what GALA coin is and also assist them with the best places to buy it.
To find out more about this coin, continue reading.
Best places to buy GALA coinAs GALA is such a new asset, it's yet to be listed on major exchanges. You can still purchase GALA using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy GALA right now, follow these steps:
1. Buy ETH on a regulated exchange or broker, like eToro ›We suggest eToro because it's one of the world's leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It's also beginner-friendly, and has more payment methods available to users than any other available service.
2. Send your ETH to a compatible wallet like Trust Wallet or MetaMaskYou'll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the Uniswap DEXHead to Uniswap, and 'connect' your wallet to it.
4. You can now swap your ETH for GALANow that you're connected, you'll be able to swap for 100s of coins including GALA.
What is Gala coin?The GALA coin is the native token of the Gala Games blockchain network.
If you have not heard of Gala Games, it is a platform where gamers can play blockchain games and buy or sell in-game NFT assets. Gamers also influence which game should be developed or should get funding by voting.
The GALA token is used as a utility token within the network to buy NFTs and facilitate transactions.
Should I buy GALA coin today?If you a looking to invest in a resilient cryptocurrency, then GALA is a great choice. It has maintained its bullish trend even as the general crypto market bleeds.
It is however important to note that investing in cryptocurrencies is extremely risky because of their price volatility.
GALA price predictionThough it is difficult to provide a decisive price prediction of the GALA coin, its price is expected to maintain its bullish trend for at least the remainder of 2021 and possibly trade above $1 by the end of the year.
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$GALA social media reactionsThe best performing game tokens in 2021:$GALA$AXS$SAND
This & more in our Annual Industry Report: https://t.co/ytwSOwoYyk pic.twitter.com/sVlA6nknac
#Gala flag and pole, if break upside then it will reach $1.$Gala #GALAcoin #Galaverse pic.twitter.com/MEwVtgcsCX
— Karthik (@bkarthik90) December 16, 2021The post Where to buy Gala coin as it roars back after the pullback appeared first on Invezz.
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