Gilgeous (GLG) is a community-centred decentralized cryptocurrency operating within the Ethereum network as an ERC-20 token.
Let’s first look at the history of the cryptocurrency mentioned above.
What is Gilgeous (GLG)?
Gilgeous emerged from the passionate community of enthusiasts dedicated to meme dog cryptocurrencies. By fostering love, care, and commitment, GLG supporters aim to nurture a thriving community while advocating for animal adoption. Beyond its role as a digital asset, Gilgeous catalyzes fostering a lighthearted and engaging atmosphere for investors.
The GLG community is driven by a vision to harness the potential of blockchain technology, paving the way for a decentralized ecosystem that benefits all participants. More than just a cryptocurrency, GLG represents a movement committed to improving the lives of animals and their human counterparts, one transaction at a time!
How to Buy GLG? (Step-by-Step Guide)
Binance constantly evaluates and integrates new crypto assets onto its platform. However, if you’re interested in purchasing Gilgeous, which is currently not available on Binance, here’s a step-by-step guide to help you acquire it:
1. Find a Centralized Exchange
Find a reputable centralized exchange that offers GLG. You can consult Coinmarketcap.com’s Markets section to identify the exchanges where the coin is available.
2. Consider Decentralized Exchanges (DEX)
Another option is to utilize a decentralized exchange (DEX) that supports the blockchain hosting Gilgeous. This method involves connecting your crypto wallet to a DEX and using your Binance account to purchase the base currency required.
3. Download Trust Wallet
Select trust wallet, a well-integrated crypto wallet within the Ethereum network. You can download the Google Chrome extension if you’re on a desktop.
Alternatively, the Trust Wallet app is available on Google Play or the iOS App Store (if supported) for mobile users. However, ensure you download the official app from Trust Wallet’s website.
4. Set Up Your Trust Wallet
Register and configure your wallet through the Chrome extension or the mobile app. Refer to the wallet’s support resources for assistance. Safeguard your seed phrase and note your wallet address for future steps.
5. Acquire ETH
Log in to your Binance account and navigate to the Binance Crypto page to purchase Ethereum (ETH) as your base currency. However, if you’re new to Binance, refer to their guide on registering and buying your first crypto asset.
6. Transfer ETH to Your Wallet
Once you’ve obtained ETH, access your Binance wallet section, locate the ETH you purchased, and initiate a withdrawal. Fill in the necessary details, ensuring you set the network to Ethereum, specify your wallet address, and enter the desired transfer amount. Confirm the withdrawal and wait for the ETH to reflect in your Trust Wallet.
Selecting a Decentralized Exchange (DEX):
There are numerous DEXs, so ensure that the wallet you select in step 2 is compatible with the exchange you’re considering. For example, if you’re using Trust Wallet, you can use 1 inch to conduct your transaction.
- Connecting Your Wallet: Establish a connection between your Trust Wallet and the chosen DEX by utilizing the wallet address obtained in Step 2.
- Trading ETH for Gilgeous: Designate your ETH as the payment asset and specify GLG as the desired coin for acquisition.
- If Gilgeous isn’t Listed, If you can’t find GLG on the selected DEX, you can visit https://etherscan.io/ to find its smart contract address. Copy and paste this address into 1inch. Moreover, ensure to exercise caution against potential scams and verify the authenticity of the contract address.
- Executing the Swap: Once you’ve completed the preceding steps, proceed to click on the Swap button. With this, your crypto transaction journey, from determining where to purchase GLG to executing the trade, draws to a close!
