The Gala coin is one of the few coins that have weathered the current storm within the crypto market. Gala coin has moved up by double-digits as the majority of the cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH) nosedived towards of last week after the recent COVID-19 variant discovery on black Friday.
To help crypto investors eyeing to invest in the GALA coin, Invezz has produced the following brief article to help explain what GALA coin is and also assist them with the best places to buy it.
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To find out more about this coin, continue reading.
Where to buy GALA coin
As GALA is such a new asset, it’s yet to be listed on major exchanges. You can still purchase GALA using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy GALA 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 GALA
Now that you’re connected, you’ll be able to swap for 100s of coins including GALA.
What is Gala coin?
The GALA coin is the native token of the Gala Games blockchain network.
If you have not heard of Gala Games, it is a platform where gamers can play blockchain games and buy or sell in-game NFT assets. Gamers also influence which game should be developed or should get funding by voting.
The GALA token is used as a utility token within the network to buy NFTs and facilitate transactions.
Should I buy GALA coin today?
If you a looking to invest in a resilient cryptocurrency, then GALA is a great choice. It has maintained its bullish trend even as the general crypto market bleeds.
It is however important to note that investing in cryptocurrencies is extremely risky because of their price volatility.
GALA price prediction
Though it is difficult to provide a decisive price prediction of the GALA coin, its price is expected to go above $1 by the end of the year.
Gala (GALA) is expected to maintain its bullish trend for at least the remainder of 2021.
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