Trade Gunthy to BTC on Beaxy
You can trade Gunthy (or GNT, for short) on Beaxy Exchange, Register today to create your free account, get verified, and fund your account with crypto, cash, or credit.
Features of Gunthy
What is Gunthy?
However, the way the platform operates is peculiar. On this exchange, you can only trade Bitcoin for Gunthy. In all fairness, it’s not so much an exchange as a conversion platform. It’s one of the few ways to get a hold on these tokens.
As mentioned, the company running this converting operation is trying to make it the most comfortable and the least costly business for trading cryptocurrencies. GunBot enables you to do that. Any user can conduct an exchange on their own, but GunBot is designed to calculate and conduct all operations on your behalf.
In short, you entrust the Bot with some amount of Bitcoin and leave it on the automated trading bot. After a while, you’ll get a number of a chosen currency bought for the best price available. After that, you can use your accumulated wealth on the number of exchanges directly or indirectly on some, like Beaxy.
Gunthy Technology
One of these elements is a Gunthy Wallet – by all means, it is simply a wallet running on GNT Tokens. When you set up your own Wallet, you get a handful of these tokens that you can trade-in for cryptocurrencies and, naturally, other tokens. It is the most crucial element of Gunthy software infrastructure because it forms an outlet of tokens from the system. Without it, you can’t trade in these tokens on other exchanges.
There are other pieces of software that you can explore on Gunthy official website. They are mostly supposed to increase your trading activity, and generate additional value for the GNT token itself.
There is an interesting tool that allows users to fill their Gunthy Wallets. It’s meant to be an essential part of the entire software, a defining feature. It’s called GunBot.
How to mine Gunthy?
GunBot is the software designed to reduce trading of assumptions and emotions and instead focus on logic, calculations, and fast reaction. Not too many human beings have such qualities. That’s where the idea of creating a perfect trader takes root. It’s safe to say that most of the software associated with GunBot has been built around and for it. After all, the Bot has been available since day one.
This Bot is open to configurations. By default the buying will be done automatically and when the price is the most favorable for the user. Mind you, you can’t trade it GNT on GunBot as of yet. But you can purchase Bitcoin and use them to purchase GNT.
There’s another way of ‘mining’ GNT Tokens:
The word is taken into quotation marks because another way of acquiring Gunthy seems a lot more like buying. The licenses each Wallet is bound to can be ‘upgraded’. Each upgrade costs some amount of Bitcoin, and the resulting improvement will give you more opportunities to withdraw Tokens and a designated amount of bonus Tokens. The number of upgrades is, naturally, limited.
There’s really no way to ‘mine’ GNT, but the first method of acquiring them is fairly similar to the mining process. You leave the GunBot for a while, and as result, it may bring you a large amount of Bitcoin at a favorable price. Afterward, you can convert them into GNT. This whole establishment is meant to increase the value of Gunthy.
Risks of Gunthy trading
From what you’ve read, you could’ve already guessed what the chief risk of trading in Gunthy is.
Gunthy is very limited in its speculative possibilities. You can pretty much only use it as an inner currency for Gunthy software. The value of this token is directly bound to the value of the entire infrastructure around GunBot and Gunthy Token itself.
Beaxy is the best trading resource for exchanging GNT tokens. You can certainly use it as such, and outside of Beaxy, there’s a limited amount of platforms that allow you to trade in it. Not to mention that the majority of them only allow selling, and not buying you’ll have to return to the official exchange.
Visit Beaxy.com to create your free account today and trade your GNT tokens on an easy, safe, and complete exchange. For a limited time, Beaxy will double your deposits up to $500 so that you can buy more of your favorite cryptocurrency!
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USDC is a stablecoin and its value is anchored to that of the United States Dollar.
ETH is the native currency of the Ethereum Blockchain, a programmable protocol that supports applications like smart contracts.
BXY is an exchange token that works as loyalty rewards and functional fuel for the Beaxy exchange ecosystem. Greater rewards, discounts, and potential of the platform can be unlocked with BXY.
NEO is an asset run on a distributed smart contract platform. You can exchange NEO and BTC when you place an order on Beaxy.
XRP is a cryptocurrency known for speed and use in global banking. If you’re interested in XRP you can navigate to the coin page to learn more, or the trading page directly to trade.
Litecoin and Bitcoin can be directly swapped for each other on Beaxy. Using the LTC/BTC trading pair allows you to move directly between two of the earliest cryptocurrencies.
Ethereum Classic is a decentralized network that is tailored to application development. If you’d like to trade ETC for BTC, you can do so directly on the exchange page.
Monero was built for anonymity and is the most popular privacy-focused cryptocurrency. You can move in and out of BTC when you place an order with XMR on Beaxy.
EOS is the base asset of EOS.io, a smart contract platform that is governed by 21 block producers. Swap your EOS and BTC with ease on Beaxy.
You can easily move in and out of Bitcoin Cash on Beaxy. Swap Bitcoin Cash for Bitcoin directly by placing an order on the exchange.
BEAM is a privacy-focused cryptocurrency that protects your identity. You can conveniently swap Beam and Bitcoin on Beaxy.
DASH is a decentralized payment solution that features instantly settled payments. You can trade DASH and BTC directly on Beaxy.
Basic Attention Token is the native asset of the Brave browser. You can earn BAT by consuming content on the Brave browser. Exchange BAT and BTC efficiently on Beaxy.
AION is a native asset that performs critical functions for The Open Application Network. You can swap AION and BTC directly on Beaxy.
MTL is the base asset for the Metal Pay ecosystem. MTL is used for quick and easy peer-to-peer transactions. Trade for MTL and BTC directly on the Beaxy Exchange platform.
ICX is the native asset of ICON, a decentralized blockchain network that focuses on interoperability. Seamlessly trade ICX and BTC on Beaxy.
VideoCoin (VID) is a cryptocurrency that runs on the Ethereum blockchain. The asset is rewarded to producers and consumers of web-based video content. You can swap VID and BTC directly on Beaxy.
WAVES is a cryptocurrency that is designed to cater to developers. You can conveniently trade WAVES and BTC on Beaxy.
ZRX is the native asset for 0x, an open-source smart contract development platform. ZRX holders can use the token to vote on updates to the network. Seamlessly swap ZRX and BTC on Beaxy.
TOMO is the base asset for the TomoChain platform which uses Proof of Stake Voting to reach consensus. Easily trade TOMO for BTC by placing an order on Beaxy.
GO is the native asset on the GoChain network. GoChain uses Proof of Reputation as a consensus mechanism. You can easily swap GO for BTC on Beaxy.
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Dragonchain is a commercial-grade hybrid blockchain that enables developers to rapidly build private blockchains and decentralized blockchain applications.
NRG is a proof of stake platform that is enables the development and management of smart contracts. Exchange NRG with BTC on Beaxy.
POLY is the native asset of Polymath, a security token genreation and management plafotm that allows enterprises to seamlessly create legal and complaiant security tokens. You can trade POLY with BTC on Beaxy.
FTM is a smart contract platform that is modeled after Directed Acyclic Graph (DAG). Exchange FTM tokens for BTC on Beaxy.
ZEC is a privacy focused digital asset that giver users the ability to choose between sending public or private transactions. Trade ZEC with BTC on Beaxy.
Stakenet is an open-source platform that is Lightning Network-readywith its native cryptocurrency – XSN. You can trade XSN and BTC on Beaxy.
USDT is a stablecoin that is pegged to the value of the United States Dollar. You can trade USDT and other stablecoins on Beaxy.
Aleph.im decentralizes the infrastructure required to scale dapps which still rely on some centralized components. Buy, sell, or trade ALEPH on Beaxy today.
Hive is a social blockchain based on Graphene that laucnhed in March 2020. You can trade HIVE and BTC on Beaxy.
Gunthy is the token issued by Gunthy LTD, which is to be used for the licensing of existing and future Gunthy LTD products. You can trade GUNTHY for BTC on Beaxy.
Bitcoin SV aims to deliver stability and achieve scalability, something that the original BTC blockchain has struggled to achieve. Buy, sell, or trade BSV on Beaxy Exchange.