2021-6-11 13:57 |
One of this week’s hottest cryptocurrencies is Gitcoin (GTC), briefly shooting up in value to over $18. As a reslt investors across the crypo community have been trying to find out how to buy Gitcoin online. Handily, we can help.
This article explains where to buy Gitcoin, and it also delves into the origins of the project, its investment prospects and a price prediction. So, if you are ready to find out about the best places to buy GTC crypto, scroll down and get started.
How & where to buy Gitcoin todayThe best place to buy Gitcoin, or any other cryptocurrency for that matter, is a an online crypto broker or trading platform. These are regulated services that allow retail investors to build a comprehensive crpyotcourrency investment porfolio.
Out team of analysts have settled on the two platforms below as their top picks thanks to their favourable fee structures and strong user interfaces.
1.) eToroAs one of the world’s most popular online brokerages, it is little surprise that more and more crypto investors are signing up to eToro.
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2.) CapitalWith powerful charts and a clean, easy-to-use interface, Capital.com is a rapidly-growing trading platform that offers good spreads, no hidden fees and 0% commission.
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For more options, check out our comparison of the best crypto brokers and trading platforms.
What is Gitcoin?Founded by Keving Owocki and Scott Moore, it is a platform focussed on building a community for open-source projects. This community consists of protocols, creators and builders that have come together to develop of future of the open internet.
The entire set-up supports new infrastructure for Web3 – which include networks, technologies and tools – with the long-term being to initiate and accelerate development in the open-source sector.
GTC is the governance token of Gitcoin, and it is needed for both the funding and creation of the Gitcoin DAO that will govern the platform.
Should I buy GTC crypto?If you are looking for a project with enormous potential that is reshaping the future of digital public goods, GTC could be the coin for you. Just make sure you recognise that early-stage altcoins always carry an increased risk due to the inherent technological complication and widely volatile crypto market.
The coin has recently been added to Binance and Coinbase Pro, and it is also partnering with some major cryptocurrency projects, so its segue towards the mainstream is becoming clearer, and further price accretion could be on the horizon.
Will GTC make me rich?It is always unlikely for any single investment to make someone rich, though this has happened in the past, especially in the cryptocurrency community. With GTC hovering around the $15 mark, you will not be able to acquire as many coins as you would for a smaller, more obscure altcoin project, but the ceiling still appears to be high.
Never go into an investment expecting to become rich because this can lead to rash, impulsive decisions that loses you money. Patience and pragmatism is key to the decision-making process.
GTC price predictionWe could try to calculate the fundamental value of the project to establish a Gitcoin price prediction, though with altcoins, it is incredibly difficult to do so. Moreover, these figures are usually unreliable.
The cryptocurrency market is a dynamic, volatile and unpredictable realm with a technical focus that is more about the bigger picture than short-term profitability. So, with that in mind, conceptually, Gitcoin is mightily impressive. Now, let’s see if it can deliver.
Social media reacts to GTC coinGitcoin (GTC) now on Binance and Coinbase Pro! pic.twitter.com/ltzif60OSp
— 333 Crypto (@333Crypto) June 10, 2021Launch launch launch! $gtc #gitcoin 🚀 pic.twitter.com/I0PbRJrTr7
— Bella Ciao👺™️ (@dragonCT88) June 11, 2021The Graph Foundation has donated $25K to @coincenter for ongoing efforts to educate policy makers about public blockchains 🤓🌐🪙
Join us in supporting Coincenter with @gitcoin grants: https://t.co/m6u9nWpVoO
It's the final countdown – we're less than 48 hours away from the submission deadline for our NFT hackathon! If you haven't done so, make sure you submit your projects on @gitcoin by June 11th at 12:00 pm UTC.
Submit now: https://t.co/zaStGjJzSN 🔨 #ZILHive #hackathon pic.twitter.com/m1Z9UPMfKp
For all the latest on altcoins like Gitcoin and major cryptocurrency projects, read our crypto news.
The post Where to buy Gitcoin: GTC is the hottest crypto of the week appeared first on Invezz.
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