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How & Where to Buy Golem A Step-by-Step Guide to Buying GNT

  1. Sign up at CoinSwitch, the #1 rated GNT exchange.
  2. Fund your account with cash or crypto.
  3. Buy GolemGNT
  1. STEP 1Find the Best GNT Exchange
    • coinswitch reviews
      Ease of use
      Time to 1st Buy
      24h Volume

      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.

    • Crypto Exchange
      Ease of use
      Very Easy
      Time to 1st Buy
      24h Volume

      British cryptocurrency exchange CEX.IO proves that good things come in small packages, with the lowest credit and debit card fees, and one of the best off-ramp processes in the industry. Deposit fees in GBP are given a 50% discount, making them ultra-appealing to UK traders. Founded in 2013, with over 4m registered accounts. Recently branched out to the US.

    • 102
      Ease of use
      Time to 1st Buy
      2 hrs
      24h Volume

      China’s biggest cryptocurrency exchange and the second-biggest exchange in the world. Huobi is highly respected and well designed, with a stunning trading platform, more than 50 fiat currencies accepted, and fair trading fees. Now based in Seychelles and listed in Hong Kong, it serves a primarily Asian customer base.

    • bithumb exchange
      Ease of use
      Time to 1st Buy
      3 hrs
      24h Volume

      South Korea’s number one crypto exchange, which offers both a Korea-only and a global platform. On the native platform, fees are based on an interesting ticket system, whereas Bithumb Global trading fees are fixed. Plenty of coins to choose from, as well as an education platform that can reward learners for their participation.

    Go to CoinSwitch and 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 Golem GolemGNT quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy GNT 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 GNT.

Frequently Asked Questions About Buying & Selling Golem (GNT)

How do I Buy GNT with Crypto?

If you want to buy GNT 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 Golem (GNT)?

To sell GNT, simply reverse the buying process described above. You will likely need to trade your GolemGNT 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.

Golem Research Center

Golem Technical Details & Statistics

  • Market Rank124
  • Market Cap515,874,032
  • Circulating Supply1,000,000,000
  • Total Supply1,000,000,000 GNT
Yesterday's Trading
  • 24 HR Volume12,990,836 USD
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What is Golem?

Golem is the world’s first blockchain-based, decentralized and open source supercomputing network, where one user can rent the computational power of other users and pay via the native currency of the system, Golem (GNT). The Golem project can be very useful for industries where heavy computational power is needed, with 3D image processing being a prime example.

History of Golem

The Alpha version of Golem was released in August 2016. The main names behind Golem are Julian Zawistowski, Piotr Janiuk, Andrzej Regulski and Wendell Davis. Golem’s ICO was launched to collect 820,000 Ethers (~9 million USD) and the target was met within 30 minutes, making it a hugely successful ICO. The Golem token began trading in November 2016 and surpassed a market capitalization of $100 million for the first time less than 6 months later.

How Golem Works

Golem wants to build a decentralized supercomputer by tapping into the computational powers of their users. When a user wants to hire the computational power (the ‘supercomputer’), they need to pay for the power they is borrowing from the network. On the other hand, the users who are lending this power to the first user will be compensated, according to their contributions. All these transactions will be automated and use Golem (GNT) as the currency.

Golem runs on Ethereum network and thus, it makes good use of EVM and Smart Contracts of the Ethereum network to make the transactions within the network. There are several modes of hiring the computing power including per node, per hour etc.

Why Golem?

Golem brings forward an interesting idea and it has several advantages over most other cryptocurrencies in that its goals are unique and not shared by many others.

  • Endless Opportunity: With Amazon AWS (or other cloud computing networks) turning into a trillion dollar industry, Golem network can possibly grow very fast into a billion dollar industry.
  • Full Featured Cryptocurrency: Golem (GNT) is a fully featured cryptocurrency which can be utilized like Bitcoin. Golems can be traded at many leading exchanges and it can be used to pay for services and products. It can also be converted into other cryptocurrencies.
  • Smart Contracts: Golem utilizes Smart Contracts to rent and hire computing power. Thus, the lenders and borrowers don’t need to worry about paying or receiving funds. Everything will be done automatically and safely.
  • Stability of Ethereum: Golem runs on the tried and tested Ethereum network which adds stability, safety and security to the project. It also ensures that Golem natively inherit all the advanced features of Ethereum, including Smart Contracts and EVM.
  • Fully Decentralized: With the decentralization being the next big thing, Golem is on the right rack of providing high computational powers at low cost from a peer based system. The system is expected to gather high interests from the organisations and power users.