In this guide you’ll get information about where to buy Gourmet Galaxy, if you are planning to buy GUM token – You’re in the right place!
A yield farming mania has been existed in the blockchain industry since the mid of 2020. The industry came into play so naturally. It has brought significant profits with DeFi booming, for both project owners and farmers. However, there are some issues faced namely: unfriendly UX, low value for incentive tokens, and extremely high inflation. Gourmet Galaxy is here to solve those aforementioned issues.
Gourmet Galaxy creates a Blockchain-based game with interesting and addictive gameplay that is super easy to play. With that, they try to encourage gamers to play while earning profit along the way. In addition, they give their token (GUM) an intrinsic value through creating a mix between NFTs and yield farming incentive tokens, which leads to relatively stable value during bad market condition. In other words, they aim to stop the hyperinflation of incentive tokens by carefully managing tokenomics plan.
- Official website: https://gourmetgalaxy.io/
- Reddit: https://www.reddit.com/r/GourmetGalaxy/
- Twitter: https://twitter.com/gourmetprojects
- Telegram: https://t.me/gourmetgalaxy_chat
- Whitepaper: https://gourmetgalaxy.gitbook.io/gourmet-galaxy
Gourmet Galaxy (GUM) Features
- GUM Farm. It is the liquidity staking/yield farming platform of Gourmet Galaxy. Through this platform, users are able to exchange liquidity for GUM. It is the only place where users can earn GUM, so in the future they can take part in NFT Universe. Besides, GUM Farm has unique pools to assist users earn GUM in the future, as well as other tokens.
- GUM Swap. This decentralized exchange aims to help DEX traders gamify and streamline their trading experience. Users will experience the most efficient and simple trading experienced as GUM Swap optimizes slippage of trading pairs, gas fees, and speed. This decentralized exchange is currently running on Ethereum and it will be powered by Polkadot soon.
- GUM Pad. This feature enables decentralized cryptocurrency projects to set up a swap pool so that they can raise funds. GUM Pad allows the project to raise and exchange capital quickly and cheaply. To cut transaction costs, open up new networks among other Blockchain projects, and speed up settlements, it will be run on Matic network.
- Gourmet Universe. It is the core of the game, where players can play, enjoy, and share their gaming experiences.
- Galaxy Market. This is the open marketplace where users can freely trade their tokens.
Where to Buy, Sell and Trade Gourmet Galaxy aka GUM
You can basically use debit card, credit card, or even PayPal to buy the Gourmet Galaxy (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the Gourmet Galaxy as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy Tether first. After you get the ETH or BTC or USDT, you can convert it to Gourmet Galaxy. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum (ETH), Bitcoin (BTC), or Tether (USDT)
- Find a crypto exchange that supports Gourmet Galaxy currency and exchange your Ethereum / Bitcoin / Tether with the Gourmet Galaxy
- Store your Gourmet Galaxy to a secured wallet
Step 1: Buy Bitcoin (BTC) or Ethereum (ETH) or Tether (USDT)
There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options.
Get $10 Bonus when you sign up for Coinbase!
Click here to register (opens in new tab)
- You will be asked to through the process of confirming your e-mail address as well as verifying your identity. It would be best if you went through that procedure at once to avoid any issues before putting money on the platform. Coinbase will ask for personal information such as your home phone number, your address, and proof of your identity using an official document such as a passport or a driver’s license.
- Keep in mind that Coinbase takes some time to verify your ID, but once your account is verified, things can move forward on your end. By confirming your identity, you will have better security on your account, and the people working at Coinbase will be able to help you with easy on any issue you face. You will also be able to trade larger numbers of money on your transactions as well as other perks related to the trading information the goes inside the platform.
- You can also manage your payment options. As we mentioned previously, the sites make it very easy to handle FIAT money to pay for the altcoins you want to have in your portfolio. You can check in your bank account to make direct deposits or withdrawals. While this method is excellent, it takes at least two days to verify it on Coinbase’s end. You can also register your credit cards, debit cards, and even your PayPal account in the buy/sell link located on the top menu.
That’s the first step in buying Gourmet Galaxy, once you get your Bitcoin or Ethereum or Tether, you can continue to the next step.
Step 2: Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH or USDT from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH or USDT with Gourmet Galaxy:
- Deposit Methods: Cryptocurrency Only
- Fiat Currencies: N/A
- Supported Cryptocurrencies: BCH, EOS, TRX, ONT, ETH, BTC, BTM, AE, OCN, ADA, IHT, XRP, ETC, NAS, LTC, & over 1040+ more
- Trading Pairs: 1801+
IMPORTANT! Once you are registered to the crypto exchange above, Go back to COINBASE and send your Bitcoin/Ethereum/Tether to your new exchange. Find the GUM/BTC or GUM/ETH or GUM/USDT trading pair and then place the order to buy those pairing cryptocurrencies.
Most likely you’ll find this pair available to you GUM/USDT – so you need to convert your BTC or ETH to USDT first in order to buy Gourmet Galaxy (GUM)
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your Gourmet Galaxy (GUM) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy Gourmet Galaxy (GUM) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the Gourmet Galaxy. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy Gourmet Galaxy (GUM) with Cash?
You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.
Can I Buy Gourmet Galaxy (GUM) with Skrill?
You can’t buy GUM directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to Gourmet Galaxy. You can buy BTC/ETH with skrill by using these exchanges::
Can I Buy Gourmet Galaxy (GUM) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair GUM/BTC and begin the transactions.
Can I Buy Gourmet Galaxy (GUM) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support GUM/ETH trading pair.
What Is the Best Payment Method to Buy Gourmet Galaxy (GUM)?
The cheapest way is to use bank account to buy Bitcoin or Ethereum or Tether first or to buy the Gourmet Galaxy right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect Gourmet Galaxy (GUM)?
Once you have purchased the Gourmet Galaxy, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell Gourmet Galaxy (GUM)?
Find a crypto exchange which allow pairing GUM with BTC or ETH or USDT – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine Gourmet Galaxy (GUM) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a Gourmet Galaxy is to buy it from a reliable exchange.
It’s clear that Gourmet Galaxy can give a new life to the industry of yield farming due to the clever idea of blending three hyped aspects namely gamification, NFTs, and yield farming itself. Investing on Gourmet Galaxy (GUM) will create opportunity for users not only to speculate on the GUM price but also to trade NFT in Galaxy Market and farm in GUM Farm to earn more GUM or ETH.