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How & Where to Buy Gnosis A Step-by-Step Guide to Buying GNO

Congratulations! You can buy Gnosis directly with cash at CoinSwitch.

  1. Sign up at our one of our top-ranked Gnosis exchanges.
  2. Fund your new account with cash or crypto.
  3. Buy GnosisGNO

Read on for detailed instructions below on where and how to buy Gnosis and you will be a GnosisGNO owner in no time at all.

  1. STEP 1Register at a GNO Exchange

    Best Gnosis (GNO) Exchanges

    • coinswitch reviews
      Ease of use
      Time to 1st Buy
      24h Volume
      $
      Coins
      361

      This mobile aggregator platform collects data from all major exchanges, making it possible to swap a large number of cryptocurrencies at highly competitive rates. Mobile app-only CoinSwitch Kuber is the most popular cryptocurrency exchange service in India, with over 4 million users. Hassle-free arbitrage and trading process.

    After choosing one of the exchanges listed above, you will need to create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Gnosis GnosisGNO quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy GNO with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for GNO.

Frequently Asked Questions About Buying & Selling Gnosis (GNO)

How do I Buy GNO with Crypto?

If you want to buy GNO with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for CoinSwitch and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to CoinSwitch.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Gnosis (GNO)?

To sell GNO, simply reverse the buying process described above. You will likely need to trade your GnosisGNO into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Gnosis Research Center

Gnosis Technical Details & Statistics

Tokenomics
  • Market Rank140
  • Market Cap285,611,448
  • Circulating Supply1,504,587
  • Total Supply10,000,000 GNO
  • Max Supply10,000,000
Yesterday's Trading
  • 24 HR Volume5,906,540 USD
  • Yesterday's High / Low---
  • Yesterday's Open / Close---
  • Yesterday's Change---
All Time Performance
  • All Time High---
  • All Time Low---

What is Gnosis

Gnosis is a decentralised, peer to peer, open source, global prediction market which also has a native currency called Gnosis Token (sym. GNO) or simply Gnosis.
Users of Gnosis are free to create their own prediction charts and others are free to take part in it.

History of Gnosis

In 2013, Martin Köppelmann and Stefan George launched a Bitcoin-based prediction market. In January 2015, they launched Gnosis project and the Alpha version was released in August. In November 2015, the project went live. In March 2017 Gnosis Ltd was formed. In April 2017, Initial Token Auction was launched and completed successfully.

How Gnosis Works

The users can create a prediction or take part in an existing one. The prediction probability of each outcome changes dynamically via a smart contract. If a higher number of users predict one outcome over the other, that outcome has a lower payout as that is more likely to happen. The original concept of the prediction game is just like the real world. However, there is no central authority (betting house, casino or any organisation) controlling the offers. The users can easily come up with their own ideas and other users can freely participate in that.
The GNO tokens can be used to create WIZ tokens, something which is used to pay for the service fees of the network. After encashing Gnosis tokens for Wiz, if the Wiz tokens are not consumed by the user, they are converted back to Gnosis tokens and credited to the user.

Why Gnosis

Gnosis offers betting and prediction market on the decentralised network, based on Smart Contracts. It comes with several advantages.

  • Prediction market: The global prediction market is in trillions of dollars. Even if the network attracts a fraction, it will be a multi-billion dollar network.
  • Versatility: Gnosis network can be used for financial prediction market, sports betting and even to create a celebrity gossip betting. Gnosis also offers on-the-spot user-defined insurance feasible.
  • User Freedom: Users can create their own events and others can participate in it instantly. This gives the users freedom to predict on anything and everything.
  • No Central authority: The probability of the outcome of an event is dynamically decided by Smart Contract. This means the users don’t have to accept the rates fixed by a third party such a vetting syndicate or a casino.
  • Native Currency: Gnosis has two tokens, GNO and WIZ. GNO is a full-fledged cryptocurrency which can be traded for profit at different exchanges or can even be used to pay for products and services online.
  • User-friendly: Gnosis is not overtly technical which is an encouraging feature for the non-technical users who are hesitant to try out newer tech like blockchain and DApps.