GMX (GMX) traded 1% lower against the US dollar during the 24 hour period ending at 16:00 PM E.T. on August 29th. GMX has a market capitalization of $248.94 million and $19.29 million worth of GMX was traded on exchanges in the last day. In the last week, GMX has traded 1.8% higher against the US dollar. One GMX token can currently be purchased for $25.77 or 0.00043347 BTC on major cryptocurrency exchanges.
Here’s how other cryptocurrencies have performed in the last day:
- Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
- Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
- CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
- Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
- Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
- Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
- AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
- MVP Coin (MVP) traded 3.1% lower against the dollar and now trades at $0.0514 or 0.00000086 BTC.
- 2G Carbon Coin (2GCC) traded 0.4% lower against the dollar and now trades at $0.0480 or 0.00000183 BTC.
GMX Token Profile
GMX’s genesis date was September 1st, 2021. GMX’s total supply is 9,658,292 tokens. The official message board for GMX is gmxio.substack.com. GMX’s official Twitter account is @gmx_io and its Facebook page is accessible here. The official website for GMX is gmx.io.
While GMX hasn’t provided clear information about its founders, the platform utilizes the GMX token within its ecosystem. The GMX token offers various functionalities, including rewards, staking, vesting, and multiplier points. Users can earn rewards, stake tokens for benefits, convert Escrowed GMX to GMX through vesting, and use Multiplier Points to enhance ETH/AVAX APRs. The token plays a vital role in facilitating activities and providing incentives within the GMX ecosystem.”
Buying and Selling GMX
It is usually not currently possible to buy alternative cryptocurrencies such as GMX directly using U.S. dollars. Investors seeking to trade GMX should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy GMX using one of the aforementioned exchanges.
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