Is GALA coin worth investing in? How to buy GALA coins?

Speaking of GALA coin, in fact, this GALA is a token based on the Ethereum blockchain, which provides power for the Gala Games ecosystem. This is a program that revolutionizes the blockchain gaming industry by empowering players through tokens. Basically, GALA is used as a monetary intermediary between Gala Games participants. For example, GALA encryption can be used for in-game items purchased by players. Gala Games is a platform that offers various games to make money through games. It supports the development and delivery of blockchain-based games to users. So is this GALA coin worth investing in? Investors want to know how to buy this GALA coin? Let me introduce it to you below.

Is GALA coin worth investing in?

The investment value of GALA coin is not easy to say. It is important to know that the price of GALA token on the cryptocurrency exchange Huobi recently plummeted to almost zero, which was due to a strategy carried out by pNetwork. The strategy locks GALA on the Ethereum blockchain and renames it “pGALA” on Binance Smart Chain.

The incident began on the evening of November 3, when a GALA token worth more than $1 billion was printed in a wallet, causing the value of the asset to fall. 30%. The Gala Games community suffered a panic. pNetwork quickly responded that it provides routing infrastructure services for DeFi and Gaming tokens, including GALA.

All GALA tokens on Ethereum and the underlying bridge collateral are safe. pNetwork tweeted to explain that the problem was caused by some misconfiguration of the pNetwork bridge. The platform’s fixed plan is to launch a new, fixed version of the pGALA token in the near future.

After the incident, Huobi decided to delist the GALA/USD pair and convert GALA to pGALA to protect user assets. The exchange also refers to pGALA as a “meme token,” claiming that it has nothing to do with GALA.

pNetwork has responded to the accusations, saying that all actions were agreed in advance with Gala Games and Huobi was notified at 7:24 pm UTC on Thursday. Huobi allegedly acknowledged the emergency within two minutes but blocked deposits a few hours later. pNetwork claimed that it did not make any profits from the operation and that its goal was to minimize losses resulting from the pGALA contract.

How to buy GALA coins?

1. Registration

Open the official website of OKX Exchange, click the [Register] button on the upper right side of the page to enter the registration page, and enter your email address on the home page. Slide the slider to the right, complete the puzzle for verification, and then enter the verification code received by email. After successful verification, the verification code entered is valid for 10 minutes.

Then enter your mobile phone number, click "Verify Now", enter the six-digit verification code received by your mobile phone, the validity time is also 10 minutes

2. Personal information settings

Before conducting a currency buy/sell transaction, three information settings are required: KYC authentication, binding mobile phone number, and fund password settings.

KYC authentication: After logging in, click the icon in the upper right corner - [Identity Authentication], follow the prompts, and complete [LV.1 Basic Authentication] and [LV.2 Advanced Authentication] in order.

Note:

·The higher the certification level, the easier it is to match better merchants and more favorable prices when buying/selling currency transactions. price.

·The official website cannot perform [3 video authentication]. If necessary, please download the Ouyi APP to complete the authentication.

Bind mobile phone number: Click the icon in the upper right corner—[Security Center]—[Mobile Verification] and follow the prompts to complete binding the mobile number. If you are a user who registered with your mobile phone, you do not need to bind your mobile phone number. You can follow the same steps to bind your email address.

Fund password setting: Click the icon in the upper right corner—[Security Center]—[Fund password] and complete the fund password setting as required.

Note: This page can also be used to modify [Login Password], [Email Verification], [Google Verification], [Anti-Phishing Code] and other settings. The more complete the personal information settings, the more conducive to subsequent transactions and accounts. safety protection.

3. Start trading

Step one: Log in to Ouyi official website and enter the market page being discovered

Step two: Search GALA

Step 3: Click Transaction and enter the purchase page

Step 4: Fill in the purchase quantity, Click to buy. If selling, fill in the selling amount and click to sell.

GALA tokens on Ethereum and GALA-related assets on the GALA Bridge are currently safe, and the team has joined forces with pNetwork to temporarily halt trading activity on the bridge. Brink urges users not to purchase pGALA on PancakeSwap for the time being. Existing PancakeSwap pools are still invalid and the bridge is temporarily suspended. According to the company, after the pool is completely depleted, a new pGALA token will be generated and airdropped to all previous holders. Binance has stopped deposits and withdrawals of BEP-20 GALA tokens.

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