The GALA gaming token has seen an 86% increase and is trading at $0.039 at the time of writing.
The GALA token, which powers the gaming ecosystem of the same name, has seen an 86% increase in one day. The token is currently trading in a narrow range between the $0.02 and $0.03 levels. However, based on the increased volumes, a sharp rise in GALA cannot be ruled out. The $0.03 level is a strong resistance zone and the token needs to break through this level to reach higher highs.
How and where to buy Gala in France and elsewhere?
Buying crypto-currencies is no longer a difficult task. There are indeed many brokerage or exchange platforms via which you can buy tokens easily and safely. However, make sure you do a lot of due diligence before selecting a particular site. Decentralized exchange platforms should be avoided as they are not regulated.
Registering on a platform is easy. All you need to do is provide a username, password and contact information. There is an additional procedure known as Know Your Customer (KYC) which requires you to provide documents proving your identity and address. A passport and a utility bill are accepted as proof of identity and address respectively. To help you out, we have selected two of the best platforms where you can trade with ease.
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What is Gala and why has it undergone such an increase?
The Gala token is the native token of a gaming ecosystem. Unlike other blockchain games that are centralized, Gala is a fully decentralized network that allows users to act as nodes.
Users holding Gala tokens are also allowed to vote if they want to play.The community can decide on governance issues and can also decide on new games to be registered on the network. All important decisions are decentralized and decided by the community. Users can also earn in-game commodities and NFTs which they can then trade for profit.
GALA is listed on Binance today and this may be the reason why the token is experiencing a sharp rise in price.
Should I buy GALA today?
GALA is a direct competitor to other popular games such as Meme Lordz, Axie Infinity and Binamon. All of these tokens have done well even before a large-scale launch, but the gaming industry is huge and GALA could attract many new users. GALA’s decision to provide full decentralization is unprecedented in the gaming industry.
The price of the token is still low and early holders could see attractive returns in the future.
This article is for informational purposes only – nothing in it should be construed as financial or investment advice.