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What Is GamerCoin and How to Trade GHX?

2024-07-04 01:42:11
GamerCoin by GamerHash

To maintain our commitment to growing our gifts, we're delighted to introduce an extra venture with our new project edition of GamerHash (GHX). Imagine a stage that incorporates gaming, blockchain innovation, and digital currency mining, permitting players to bring in cash through their figuring assets.

This article offers a careful assessment and a comprehensive overview of the project, its native token, tokenomics, functionalities, and its potential impact on the crypto ecosystem. Consequently, we will also have a step-by-step guide on how to purchase and trade GHX.

What is GamerHash?

As the digital sector advances and develops rapidly, the combination of blockchain innovation and metaverse gaming remains at the forefront of this change. GamerHash arises as a vital player in this imaginative wave, representing something beyond an undertaking—it's a trying investigation into the contemporary computerized way of life. With so much said, the interesting question is: What really is GamerHash?

GamerHash is a completely practical stage, launched in November 2017, with over 430.000 enlisted clients around the world. There are three essential parts to the GamerHash environment: the application, the web stage, and the mobile application. The fundamental reason for the stage is to compensate clients for sharing an overabundance of figuring power. 

Only when desktops or PCs are used for playing graphically demanding games (for example, Control or Call of Duty Modern Warfare) or computation-intensive applications, do they use nearly 100% of their potential. Yet it is important to realize that a typical user uses 15% of their available computing power.

GamerHash has been a forerunner in disseminated computing in terms of gaming laptops, with over 430.000 clients globally. The times are changing, yet one thing stays constant: the requirement for calculating power. It used to be highly beneficial to share your PC processing power in crypto proof-of-work blockchains, yet there is another industry that has computing needs greater than ever before.

Why GamerHash was Created?

In the midst of the Bitcoin blast and the NFT craze, main proponents Radek Rosiak and Patryk Drive transformed their blockchain interests into the real world. They saw that gamers' computers frequently sat inactive with undiscovered processing power. This perception ignited the thought behind GamerHash.

What is GamerCoin (GHX) Token?

GamerCoin (GHX) is an ERC-20 token on Ethereum and a BEP-20 token on the BNB smart chain. ERC-20 is a symbolic standard most new tokens observe while distributing on the Ethereum blockchain.  

The GHX token is given and kept up within the ERC-20 standards. Ethereum blockchain is more appropriate for micropayments than some other famous blockchains. Likewise, it offers shrewd agreement execution, to the extent of its further stage of advancement. The Ethereum brilliant agreements are straightforward, though exchanges are economical and quick, with affirmation in 15 seconds or less. The token constructs an instrument for the whole environment as an upper hand over others.

GHX Token Allocation

What is GHX used for?

The GHX token is part of the GamerHash platform, which is designed to integrate the worlds of gaming and cryptocurrency. The token serves several key purposes within and outside the GamerHash ecosystem:

  1. Rewards and Incentives: GHX is used as a form of reward for contributing computing power to the GamerHash platform. Users can utilize their PCs when idle to mine cryptocurrencies, and they receive GHX tokens as part of their reward payout.
  2. Staking: Users can stake their GHX tokens on the platform to earn additional tokens as rewards. This process encourages long-term holding and participation within the ecosystem.
  3. Payment and Transactions: GHX can be used as a form of payment within the GamerHash ecosystem for purchasing games, in-game items, and other entertainment products. It acts as a utility token to facilitate transactions and reduce dependency on traditional payment methods.
  4. Access to Exclusive Offers: Holding GHX tokens can grant users access to special offers, discounts, and premium content within the GamerHash marketplace

How to Buy and Trade GHX?

CoinEx, a worldwide digital currency trade, offers more than 1,400 exchange matches and 1000 tokens, making it open for clients of shifting mastery levels to explore the crypto market effortlessly. 

GHX on CoinEx

To buy GHX on CoinEx, follow these steps:

  1. Create an account: Start by signing up for a CoinEx account.
  2. Deposit Funds: After logging in, deposit funds into your CoinEx account using any supported cryptocurrencies or deposit methods available on the exchange. Having funds in your account enables you to execute trades seamlessly.
  3. Navigate to GHX Trading Page: Once your account is funded, go to the GHX token trading page on CoinEx. There, you can find a search box, and enter the term GHX to locate the trading pair associated with GHX tokens swiftly.
  4. Choose a Trading Pair: Select the trading pair GHX/USDT if you want to trade GHX against USDT (Tether).
  5. Specify the Purchase Amount: Determine the quantity of GHX token tokens you want to purchase. Input the amount into the trading interface, which will calculate the corresponding cost based on the current market price.
  6. Execute the Trade: With the specified amount, proceed to execute the trade. Confirm the details, and if you are satisfied, submit the order. 

By following these comprehensive steps, you can easily trade GHX on CoinEx, taking advantage of the available trading pairs.

Frequently Asked Questions

1. How much is a GHX coin worth?

The live price of GamerCoin(GHX) is $ 0.080742 per (GHX / USD) with a current market cap of $ 52.40M USD according to CoinEx.

2. How to get GHX?

  • Mining through GamerHash: Use your computer's idle processing power to mine cryptocurrencies via the GamerHash platform. As a reward, you will receive GHX tokens.
  • Purchasing on Cryptocurrency Exchanges: GHX tokens are traded on various cryptocurrency exchanges. You can buy GHX tokens using other cryptocurrencies like Bitcoin or Ethereum.
  • Participating in Platform Activities and Rewards: GamerHash often hosts events where you can earn GHX tokens by completing specific tasks or participating in certain activities.
  • Staking Rewards: If you already have GHX tokens, you can stake them on the GamerHash platform. In return, you will earn additional GHX tokens as rewards.
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