GMT Token is up 13% a day after partnering with Advcash: here’s where to buy the coin

After taking a dip since mid-October 2021, the GMT Token has started rising and it has gained over 37% since March 5, 2022.

It is gaining popularity among Bitcoin miners precisely because of its rewarding mechanism to the Bitcoin miners.

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To help investors and traders want to invest in the GMT Token, Invezz has created a brief article to help explain what it is and where to buy it from.

To find out more, please continue reading.

Best places to buy the GMT Token from

As GMT is such a new asset, it’s yet to be listed on major exchanges. You can still purchase GMT using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy GMT 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 MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‘connect’ your wallet to it.

4. You can now swap your ETH for GMT

Now that you’re connected, you’ll be able to swap for 100s of coins including GMT.

What is GMT Token?

GMT Token is the native cryptocurrency OF GMT, which is an infrastructure project for BTC mining. It is different from the GMT coin which is the native token of the Gambit protocol.

The main objective of the GMT project is to provide simple comprehensible access to Bitcoin mining for those wishing to participate regardless of whether they are newbies or professionals. The project’s basis is its propriety data centers and constantly restocked fleet of computing devices specifically for mining.

The GMT Token plays a critical role in connecting GMT’s equipment to the end-users. Each GMT Token is backed by a portion of the computing power of the GMT computing device fleet and provides its holder with access to mining.

The GMT tokens are issued via a smart contract of the Ethereum (ETH) and Binance Smart Chain (BSC) blockchain platforms.

Should I buy the GMT token coin today?

If you are looking to invest in a cryptocurrency that has recently started rising, the GMT Token could be a good choice.

Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.

GMT token price prediction

Analysts are optimistic that the GMT Token (GMT) shall get back to where it was in mid-October 2021 probably by the end of March.