Introduction
When buying GMX, there are a few things to think about, like picking an exchange to buy it from and the method of transaction. Luckily, we’ve put together a list of trustworthy exchanges to assist you with the process.
Step-by-step guide
1. Choose an Exchange
Research and select a cryptocurrency exchange that operates in your country and supports GMX trading. Consider factors such as fees, security, and user reviews.
2. Create an Account
Register on the exchange's website or mobile app, providing personal information and identity verification documents.
3. Fund Your Account
Move funds to your exchange account using supported payment methods such as EFT, credit card, or debit card.
4. Navigate to the GMX Market
Once your account is funded, search for "GMX" (GMX) in the exchange’s marketplace.
5. Select a Transaction Amount
Type in the amount of GMX you want to buy.
6. Confirm Purchase
Preview the Transaction Details and Confirm Your Purchase by clicking the "Buy GMX" or equivalent button.
7. Complete Transaction
Your GMX purchase will be processed and deposited into your exchange wallet in just a few minutes.
8. Transfer to a Hardware Wallet
It’s always best to keep your crypto in a hardware wallet for security reasons. We always recommend Wirex or Trezor.
What to be Aware of
When buying GMX, it’s important to choose a reputable exchange that is easy to use and has reasonable fees. Once you’ve done this, always transfer your crypto to a hardware wallet. That way, no matter what happens to that exchange, your crypto is safe.
Latest Movements
GMX (GMX) is presently priced at US$29.17 with a 24-hour trading volume of US$18.51M. In the past 24 hours, GMX has experienced a decrease of -2.92%. The market cap of GMX stands at US$236.11M, with 9.92M GMX in circulation. For those interested in buying or trading GMX, Nexo offers ways to do so safely and efficiently
- Market cap
- US$236.11M
- 24h trading volume
- US$18.51M
- Circulating supply
- 9.92M GMX