Best Exchanges to buy Golem 2022 Pros and Cons

Where to buy Golem

Below are the popular crypto exchanges based on user experience,security,fee structure and supported coin, that you can use to purchase Golem (GLM) in 2022.

Before moving forward i want to make it clear that the ranking of these exchanges are in no particular order. With that in mind - Let’s explore these crypto platforms one by one so that you can select the best cryptocurrency exchange to buying your Golem.

1. Binance

Binance is well-known for its cryptocurrency-to-cryptocurrency trading services. Binance came onto the scene during the 2017 crypto craze and has since risen to become the world's leading cryptocurrency exchange. 

By trading volume, Binance is the world's largest online cryptocurrency exchange. The exchange is also one of the most rapidly growing venues in the cryptocurrency market today. You can easily buy and sell Golem (GLM) using our step by step guide.

The exchange offers investors one of the most diverse selections of cryptos accessible on the market today. The currencies and tokens on sale range from the markets largest by market cap to some smaller and less well-known coins and tokens.

Getting Started with Binance

Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward, and you do not need to verify your account for level 1, which has a daily withdrawal limit of 2BTC.

For level 2, which enables up to 100BTC every day, you must upload a picture ID and wait for approval. There are still greater restrictions, but you must contact them personally to arrange for them.

Follow the steps below to open a Binance account:

Step 1: Visit the Binance Website

Step 2: Click on the “Register” option in the upper right-hand corner and complete the relevant information. Binance will validate your account details throughout the registration process, which may take a few minutes.

Step 3: Enable 2-Factor Authentication.

Step 4: Select and Link you payment Methods.

Step 5: Deposit and Start trading.

Binance Pros

• Over 365 coins are available for trading on a global scale.
• A diverse range of trading options and order types are available.
• Low transaction costs.
• Payment options are supported in a variety of ways.

Binance Cons

• The platform is complicated and may be confusing for some people.
• U.S exchange is more limited than others.
• Binance has ran into regulatory issues in a number of nations.

How to buy Golem on Binance

Binance has a rich collection of tools and dashboards that might be overwhelming. Its Buy Crypto page makes it easy to cut through the confusion and conduct straightforward transactions. It has a simple interface where you can buy, sell, or convert cryptocurrency.

1. Login to your Binance account and on the homepage click on the “Buy Crypto “Button.

2. You can purchase Golem (GLM) using a variety of fiat currencies. Enter the amount of fiat money you wish to spend, and the system will calculate the amount of Golem you can acquire.

3. Select the payment method and fill the required information than Continue.

4. Please double-check the payment information and costs, and complete your purchase within 1 minute, otherwise the amount of Golem you may get will be adjusted depending on the current market price. 

5. You'll be taken to your bank's OTP Transaction Page. To validate the payment, follow the on-screen instructions. Following that, you will be able to see the acquired GLM in your Binance Spot Wallet immediately.

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2. OKX

OKX crypto exchange, founded in 2017 and headquartered in the Seychelles, is a prominent cryptocurrency exchange that uses blockchain technology to provide clients with a diverse range of trading goods. Hundreds of tokens are available to clients in over 200 countries and you can easily purchase Golem (GLM) using our step by step.

It allow users to purchase, sell, and swap multiple supported assets. It also allows you to lend and borrow specific coins, as well as join proof-of-work mining pools and earn crypto as a miner. OKX presently offers over 100 cryptocurrencies, as well as over 400 crypto trading pairings.

According to CoinMarketCap, OKX is now one of the top 20 cryptocurrency exchanges in the world by trading volume, and it has a global presence.

OKX Features

OKX cryptocurrency exchange is one of the most popular and functional tools for full-fledged work with digital assets today. The platform provides a remarkable collection of currencies, intriguing alternatives, speedy withdrawals, and a high level of system security.

1. OKX is a major cryptocurrency trading platform with a one-stop shop.
2. It is user-friendly and offers an easy-to-use interface.
3. This platform is suitable for both novice and experienced traders.
4. OKEx accepts 30 fiat currencies, including the US dollar, the Chinese Yuan, the euro, and others.
5. It accepts 17 payment methods, including VISA, MasterCard, and others, for acquiring cryptocurrency.
6. OKX's fiat gateway allows customers to purchase crypto for as little as 0% in transaction fees.
7. The spot trading function offers an order book with great liquidity and low spreads.
8. On the perpetual swap and future markets, users may trade cryptocurrency with up to 100x leverage.
9. It prioritizes security and employs offline cold storage methods.
10. The OKX app is also available for phones running Android and iOS.
11. Other apps, such as referral and affiliate, reward users for referring new members to this site.
12. The support system is extremely efficient and can be accessed in a variety of languages.

How to buy Golem on OKX

Follow our step by step guide below to start buying Golem (GLM) on OkX Exchange:

1. Log in to your OKX Account.

2. Under the "Buy" tab, choose the fiat currency you wish to use and Golem from the dropdown menu. Then, enter the amount of fiat cash you wish to spend or Golem (GLM) you want to purchase.

3. Select your desired mode of payment (Credit Card, Bank Transfer or Crypto).

4. Your bought Golem will be instantly deposited to your OKX account after payment is completed.

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3. Gate.io

Gate.io is a Cryptocurrency exchanges platform that allows you to trade Bitcoin, Litecoin, Eth, and other blockchain assets. Within a few years, the exchange acquired global traction and is today available in virtually every country on the planet. However, the platform is presently not active in China, and its registered office has been relocated to Virginia, USA.

This trading platform not only supports over 800 main cryptocurrencies with over 1,000 trading pairings, but it also offers spot trade and margin trade. It has also expanded its offerings to include ETFs, options, futures, and derivatives for investors. It is primarily a platform for professional traders. Beginners with minimal expertise, on the other hand, will benefit from this platform as well.

Getting Started with Gate.io

Creating an account on Gate.io is pretty simple and straightforward, just follow these simple steps below.

Step 1: Go to the official Gate.io website and click Sign Up.

Step 2: On the next screen, enter your email address, and create a password.

Step 3: Next: You must generate a fund password (This password adds an extra layer to your security as without this key no one can withdraw funds from your account).

Step 4: You will be prompted to confirm your email address.

Step 5: Once you've verified your email, you can simply Login to the site and begin trading!

Note: Due to changing regulations, You might need to go through a KYC process to verify your identity.

How to buy Golem on Gate.io

Follow our step by step guide to buy Golem (GLM) on gate.io:

1. Log in to your Account on Gate.io.

2. Click Buy Crypto fro main menu located at top bar. Here you will find three ways to buy GLM coin (Credit card, Bank Transfer, P2P Trade).

3. Enter the purchase amount in USD. Now select/search Golem from dropdown menu.

4. Incase of Credit card, gate.io offer multiple processing partners, select the one that offer services in your country.

5. Accept the terms and conditions and click Purchase.

Now you are Proud investor in Golem (GLM).

If you want to buy Golem with another cryptocurrency. First, Transfer that currency into the Gate.io exchange using Deposit method after that go to the market page, search for GLM and buy it using your deposit cryptocurrency.

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4. Huobi Global

Huobi is one of the world's major cryptocurrency trading platforms, originally located in Beijing but now headquartered in Singapore. The exchange accepts both ICO tokens, cryptocurrencies and highlights the Blockchain economy's future development.

This Exchange has incredible features that appeal to global investors, such as derivative trading. It is a Huobi Global feature that allows you to trade in both futures and swap markets. This function truly assists exchange users in maximizing their earning potential.

Huobi Global is regarded as a secure and trustworthy platform for purchasing, trading, storing, earning, and selling 348 digital currencies. Tens of millions of consumers in more than 195 countries utilize the exchange, which accepts over 60 payment options for converting cash to cryptocurrency.

Getting Started with Huobi Global

To create an account on Huobi Global Exchange follow these steps:

Step 1: Go to the official website and On the top right of the page, click "Sign up."

Step 2: Choose "Country," enter your mobile phone number in the "Phone" field, create a password, and then click "register."

Step 3: To complete registration, enter the verification code.

Step 4: To finish the KYC verification procedure and unlock larger withdrawal limits.

How to buy Golem on Huobi Global

Follow the steps below to buy Golem (GLM) on Huobi Global: First and foremost, please ensure that you have sufficient USDT assets in your balance.

1. Visit Huobi global website. On the home page, select Golem, and then on the next page, click "Buy Crypto"

2. Within 45 seconds, enter the entire amount of money you want to spend or the total number of GLM you wish to acquire. Then, choose "Order." Next, select a payment option and transfer funds straight to the seller using the information given.

3. Then, using the payment option you selected, transmit the complete amount of money within the time period specified. Following payment completion, please click "Paid".

4. If all of the information is accurate, "Confirm" to confirm that you have finished the payment.

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5. KuCoin

KuCoin is a cryptocurrency exchange based in the Seychelles. The service provided by KuCoin cryptocurrency exchange is not limited to buying and selling crypto tokens or exchanging crypto tokens for Altcoins or fiat currencies. Furthermore, KuCoin's cryptocurrency loan service at unique interest rates varies from the rest of the world's crypto exchanges.

The platform is straightforward and simple to use. It is organized into stages for simple registration, following which one may begin trading. The number of cryptocurrencies and fiat currencies supported is extremely astounding. Furthermore, KuCoin provides 10x leverage for margin transactions, making it a popular exchange for passive profits.

KuCoin, being a crypto exchange with a global reach, is a practical choice that is accessible from most countries. Nonetheless, because KuCoin is a non-US-based exchange, US persons over the FBAR threshold must disclose it in FBAR filings.

KuCoin Features

KuCoin has grown to become one of the world's largest cryptocurrency exchanges, thanks in large part to the variety of products and services it provides. KuCoin offers a number of benefits that distinguish it from other exchanges; let's have a look at some of the top features below:

1. Trade costs are extremely minimal at 0.1 percent, with reductions if you pay with KCS.
2. There are about 370 distinct cryptocurrencies available.
3. Apps for iOS and Android are available.
4. Buy cryptocurrency using fiat money.
5. Only a portion of KYC verification is necessary.
6. Buy and trade cryptocurrency with ZERO costs on a peer-to-peer marketplace.
7. Trading in futures and margin.
8. Earn KCS coins on a daily basis with the KuCoin bonus.
9. Lending and borrowing in cryptocurrency.
10. Trading bot for KuCoin.
11. Bank-level asset protection.

How to buy Golem on KuCoin

Do you want to know how to buy crypto on KuCoin? This is also really simple. Follow the steps below to buy Golem (GLM) on Kucoin:

1.  Login to your newly created Kucoin Account, go to the Buy Crypto tab from the main menu.

2. After that, you must look for Golem to purchase. To do so, type (GLM) or (Golem) into the search box on the right side of the page.

3. KuCoin will then provide all of the possible trading pairs for the Golem.

4. Enter the amount  of GLM you want to buy in crypto or your local money.

5. Choose a payment method (Credit Card ).

6. To confirm your purchase, click Preview Buy

7. If all of the information is accurate, click Buy to complete your transaction.

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Other Exchanges to buy Golem

Aside from using above popular platforms, there are variety of smaller cryptocurrency exchanges where you can buy GLM.

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Buy Golem on Decentralized Exchanges.

Below, you will find comprehensive and detailed review about top rated decentralized exchanges using which you can buy Golem (GLM) easily.

1. Uniswap (v3)

Uniswap is a decentralised exchange (DEX) that allows users to finance liquidity pools and benefit from them.

The platform's user-friendly online interface allows users to exchange Ethereum-powered ERC-20 tokens. Previously, decentralised exchanges had small order books and poor UXs, leaving a huge opportunity for successful decentralised exchange.

Users no longer have to accept defects because they can easily exchange Ethereum-based protocols using a web 3.0 wallet thanks to Uniswap. You can do so without having to deposit or withdraw funds from a centrally controlled order book. Uniswap allows users to trade without the intervention of a third party.

Uniswap (v3) Features

1. Privacy rights: You do not need to undergo KYC to utilize Uniswap. Instead, trade is done straight from your wallet, thus your public wallet address is the only identity required.
2. Security: Because Uniswap is non-custodial, it is as secure as the Ethereum blockchain itself, as the protocol does not transport money. Uniswap's smart contracts have been examined by several teams, including those that checked the Maker DAO contracts.
3. New Tokens: Anyone may develop an ERC20 token and couple it with ETH to provide liquidity for the new pool. This means that Uniswap provides faster trading access to fresh tokens than anywhere else.
4. Low fees: Uniswap charges only a small 0.3 percent fee every exchange. Centralised exchanges, on the other hand, typically charge 0.5 percent or more every deal.
5. Trustless: Unlike centralised exchanges, you maintain your private keys when you trade with Uniswap. You are the custodian of your tokens and swap them directly with the liquidity pools.

How to buy Golem on Uniswap (v3)

In this section, we'll go through below steps on how to make your first Golem purchase on Uniswap.

Uniswap allows you to buy Golem (GLM) and any of the thousands of ERC20 tokens offered by the Ethereum network. To do so, you'll need sufficient ETH on hand to cover any transaction costs, as well as anything to exchange for the ERC20 token you desire mostly Ethereum or USDT (ERC-20).

 

Step 1: Navigate to the Uniswap exchange platform. Click the 'Connect to a wallet' option in the upper right corner and log in with the Metamask or Trust wallet.

Step 2: After logging in, the trading dashboard will be shown. Select the token you want to trade for, and the token you want in the top section (in our case Golem), You can also search Golem (GLM) in Coinmarketcap and copy/paste the GLM contract in uniswap.

Step 3: You are now ready to place your order. You can put a number in the top area to specify how much you want to spend, or a number in the bottom field to specify how much you want to purchase.

Step 4: At the bottom of the order menu, you'll see how much you'll be charged. If you're satisfied with these numbers, click the 'Swap' option. When you're finished, confirm the transaction, and it'll be processed. Once completed, your tokens will be available in your ERC20 wallet.

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2. Sushiswap

SushiSwap is an exchange that is moving in line with the larger uniswap ecosystem. It uses a system called an automated market maker to settle orders just like uniswap or pancakeswap.

While traditional exchanges have order books with buyers and sellers, SushiSwap uses an algorithm to create a "liquidity pool" of tokens. This way, users are able to trade in a range of prices. Tokens are listed in the "liquidity pool" based on price history.

There are a number of people behind the project, including 0xMaki, who is an anonymous core contributor, and Joseph Delong, the Chief Technology Officer. These members will also remain anonymous, as it is the policy of the company not to disclose who they are or their positions with the project. Although SushiSwap has no current investors, there are discussions about acquiring funds in the future.

The first step is to connect your wallet to the SushiSwap pool. This is very easy, as the platform supports MetaMask and WalletConnect. Once connected, you'll need to select a token and swap it with desired token.

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Conclusion

Choosing the best cryptocurrency platform for Golem (GLM) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.

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