Game Coin combines the sports industry, charity, talent recruitment, and social media into a single user-friendly platform. It is worth mentioning that the global sports market is placed at over $1.1 trillion.
It is anticipated that participation among fans will reach about 3.5 billion people before the end of 2025. The Game Coin is the first sports crypto with a purpose. It is designed to enable athletes in the world the opportunity to create sports tokens.
These athletes will have a new social media platform where token holders can hypothesize on these athletes via tokenization. Tokenization refers to a process of converting asset value into digital tokens, which are then shared and recorded through blockchain.
The Game Coin platform will be developed on blockchain to enable organizations and individuals to participate and contribute in the decentralized marketplace while improving the value of the token holders.
How Do you Invest in a Gaming Coin?
The first thing to establish is that some cryptocurrencies are more difficult to obtain. The game coin is one of such. You cannot find it in a Coinbase Wallet or Coinbase app. However, you do not have to worry. In this part, we will look at the steps you can take to buy Gaming Coins that fits into your investment portfolio.
Visit CoinMarketCap to Find Where to Buy Game Coin
CoinMarketCap provides an extensive list of market pairs, known as purchasing options, for each crypto. So, visit CoinMarketCap to search for one. To check, click on the “Market” button close to the price chart to view the list of markets where you can buy Game Coin.
From here, you will also see the specific currencies that you can use to purchase it. Next, click the “Pairs” menu where you will see the symbol for Game Coin, GMEX, and a secondary currency. Note that the second currency is the eligible currency for buying Game Coin. To buy Game Coin with the Dollar, select GMEX/USD.
Select the Platform to Make the Purchase
There are different platforms that you can use for your transaction. It is recommended that you do your research before choosing a platform. Platforms have different levels of liquidity, reliability, and security. We recommend that you research the different options of platforms available before you register an account and perform a transaction on the site.
Buy the Game Coin
When you have decided on the platform to make your purchase, the next step is to go ahead and buy it. Each platform has its specific procedures for buying and selling. Some trading platforms are easy to use while others require a bit of technicality.
Generally, it is easier to buy a cryptocurrency with fiat currency, such as the US Dollar, than buying with another cryptocurrency. To buy the Gaming Coins with another crypto, you first have to create a Game Coin-supported crypto wallet. Next, buy the first cryptocurrency and then use it to purchase the Game Coin on your preferred platform.
The good news is that you can find guides on most trading platforms. Therefore, if you get stuck along the way, you can refer to the guide on the platform. Additionally, you can check out any communities of crypto fans on Twitter, YouTube, or other social platforms. You are sure to find resources to help you get a hang of how to resolve any issue you may have about buying on a particular platform.
What other Gaming Coins can you Invest in?
Apart from the Game Coin, there are other gaming coins in the market that you can invest in. There are specific gaming coins that you can watch out for when planning to invest in crypto. They include the following:
- Axie Infinity (AXS)
- The Sandbox (SAND)
- Decentraland (MANA)
- My Neighbor Alice (ALICE)
- Illuvium (ILV)
- Enjin Coin (ENJ)
Investing in crypto has become a popular investment choice among investors. With numerous options of cryptos in the market, the choice is limitless. This post looks at how to buy the Game Coin for investment purposes and also briefly on other types of gaming coins to invest in.