Golem Coin (GNT)

How to buy Golem (GNT) in the UK

Current Price: £0.09   24hr: -5.75%

There are two main options for buying Golem (GNT) in the UK. The first is the most simple: buying Golem with Hertfordshire-based BC Bitcoin. The second option involves trading Bitcoin (BTC) for GNT on an exchange.


Recommended: Buy Golem with BC Bitcoin

This is a great option for anyone looking to buy Golem (GNT) with British Pounds or Euros in a simple and safe way.

BC Bitcoin accept debit and credit cards, as well as bank transfers including UK Faster Payments and SEPA transfers.

Here’s how to buy Golem with BC Bitcoin:

  1. Sign up for an account here
  2. Head to the Buy Coins page and complete the form
  3. You will receive GNT to your wallet once the order is complete

How to buy Golem GNT in the UK

About BC Bitcoin

BC Bitcoin are a Hertfordshire based Cryptocurrency Brokerage that allows you to Buy, Sell and Exchange a wide variety of Cryptocurrencies including Golem (GNT).

They have achieved a 5-star Trustpilot rating, most probably due to their excellent customer service and simple buying process.

Their team can be easily contacted via phone, online chat or email which makes for a great customer experience. You can use their Contact Us page if you have any questions.


Option 1: BTC -> GNT on an Exchange

You can achieve the most competitive rates by trading Bitcoin for Golem on an exchange. This is also a great option if you’re looking to buy other cryptocurrencies, as having Bitcoin makes trading on exchanges easy. In this guide, we will use Binance exchange…

This guide assumes you already have Bitcoin. If you don’t, you can buy Bitcoin at any of the following options:

  • BC Bitcoin (recommended; buy with £GBP or €EUR)
  • CEX.io (recommended; buy with £GBP)
    • July 2019 UPDATE: CEX.io now accepts Faster Payments, i.e. free and instant GBP deposits (up to £250k).
    • Buy BTC straight away with your debit or credit card, or bank transfer.
  • Local Bitcoins (buy with £GBP)
    • Buy BTC from other Brits using bank transfer.
  • Coinbase (buy with EUR)

or, click here for a detailed guide on buying BTC in the UK

Waiting for a bank transfer or verification? Get a head-start by signing up for your Binance account while you wait…

Bitcoin (BTC) -> Golem (GNT)

Now, we will use Binance (the most popular crypto exchange) to buy Golem with Bitcoin…

  1. Register for a Binance account here
  2. Deposit Bitcoin to your account (your Binance Bitcoin wallet) by heading to Funds -> Deposits in the top menu
    1. Select BTC from the drop-down menu, and copy your BTC Deposit Address
      BTC deposit address Binance-min
    2. Send your Bitcoin to this address.
      i.e. if you purchased BTC from CEX.IO, use their ‘withdraw’ page to send BTC to your Binance BTC wallet.
  3. Once Bitcoin has reached your Binance wallet, head to Exchange -> Basic via the top navigation bar.
  4. Use the panel to the right side of the screen (which shows many currency pairs alphabetically, starting AMB/BTC, ARK/BTC, etc.)
    1. Type GNT in the search bar
    2. Click the GNT/BTC link to reach the market page
  5. Using the Buy GNT panel, set your Buy parameters, and click the green buy GNT button
    Confused by different order types?
    Limit
    : allows you to specify the price at which the order will ‘fill’. If the price is rising, the order may not get filled, but if it does get filled it will always be at the price specified (or, sometimes a better price).
    Market: buy or sell at the current price. Market orders always get filled, but in a volatile market are often risky as you won’t know the exact buy/sell price until after the order has filled.
    Stop-Limit: we recommend you read Binance’s article about this type of order.

    1. This places an order, which can be monitored via the Orders tab in the top navigation bar, or directly below the Buy box in the Open Orders pane
    2. When your order is filled, the exchange is complete, and your Golem will appear in your GNT wallet under the Funds -> Balances page

Congratulations, you purchased Golem!