If there is one name in trading bots that has been crushing it ever since its inception – that would be Gunbot for sure.
Gunbot is one of the most trusted trading bots in the crypto space and has been enabling quick and seamless trading since 2016. Apart from its awesome trading program, Gunbot features an interactive dashboard and its own token – GUNTHY.
On the dashboard, users can centrally monitor trades that are being automated across numerous exchanges and trading pairs.
Gunbot’s Token – GUNTHY
The GUNTHY token serves as a decentralized software licensing function: users of Gunbot must have the proper number of GUNTHY tokens maintained in their wallet to utilize Gunbot at the level they have purchased.
The token transforms the licensing mechanism for the bot into a tradable commodity. The decentralization of the licensing process has plenty of runway for take-off starting with the tribal Gunbot community.
The company’s products are refined by a beta testing group 300 strong and an active user-feedback community of more than 6,000 members — both of which ensure an impeccably smooth trading experience.
GUNTHY is designed to monetize users’ Gunbot licenses. After a user purchases a license from an authorized Gunbot reseller and performs a one-time API key activation, they are sent a certain number of Gunthy tokens corresponding to their license tier.
The user must maintain the correct amount of GUNTHY tokens in their metamask wallet in order to use Gunbot for trading.
That said, a user is free to sell their GUNTHY if they wish to discontinue trading with Gunbot or purchase more GUNTHY on Beaxy in order to utilize the functionality of upgraded license tiers.
Buying Gunthy on Beaxy Exchange
Acquiring GUNTHY tokens has never been easier. Buy, sell, or trade GUNTHY when you create a free account on Beaxy Exchange.
Sign up today to access the GUNTHY-BTC trading pair on a secure, compliant exchange. On average, Beaxy Exchange registrants pass KYC in five minutes or less. Even better, your crypto assets are secured by Curv custody, and your USD holdings are backed by FDIC insurance up to $250,000.
Once you create a Beaxy account, you also gain access to the following features:
- Access revolutionary trading tools like Trender and Signals
- Buy, sell, or trade dozens of popular cryptocurrencies
- Be an algorithmic trader with Hummingbot, Autonio, HolderLab, and more.
- Move funds in and out of six national currencies (USD, EUR, GBP, JPY, CAD, AUD)
- Double your stack when you opt-in to the Deposit Bonus program
Buying Gunthy at Coinbase
In order to buy GUNTHY on cryptocurrency exchanges like Coinbase, you would need either or both BTC and ETH to start trading. The good news is that it’s very easy to buy cryptocurrency at Coinbase just by using your bank account or credit card.
I’ve narrowed down the steps to the following:
Set Up Your Coinbase Account
Although Coinbase has both iOS (iPhone) and Android apps, I have found the easiest way to setup your exchange account with them is to use their website so let’s go there!
Go to the Get Started box and Enter Your Email Addresses
Use an active and secure email for this process. Coinbase will let you choose between INDIVIDUAL or BUSINESS. When you choose INDIVIDUAL, just put your real name because Coinbase requires account verification.
Verify Your Email Address
Wait for an email from Coinbase to verify your email address. Once you get the email, open and then click on the link. While this may be a bit of a hassle at first, this will actually help you with keeping your funds secure.
Sign In to Your Coinbase Account
Once you are signed in to your Coinbase account, you still have to complete the verification process which includes verifying your mobile number.
Coinbase also use your mobile number to keep your account secure by allowing you to set up a 2FA right on your account. Coinbase will send you a text message every time there is a major transaction or changes made in your account. Don’t worry because Coinbase aren’t fond of spamming their subscribers.
Set Up Your Funding Source
So, how do you plan to purchase your ETH or BTC? Options would include using a credit card or bank account. But, if you will be using either ETH or BTC to buy GUNTHY then your best bet would using your credit card for the purchase.
When you buy with the credit card option, you will be able to buy right away and can start trading too! The only downside with using the credit card on this is that there is a limitation or a weekly purchase limit or around $750 especially for those with new accounts.
On the other hand, if you want to fund your account with your bank account then you may use that option. However, the only downside to this is that the cryptocurrency you bought wouldn’t be available to trade for at least 4 to 5 business days. So, even if you have locked in your purchase price at that time, you cannot use that to buy Gunthy right away.
Buy Your First BTC or ETH at Coinbase
Now, it’s time to purchase your first ETH and BTC at Coinbase which you will use to purchase GUNTHY. It’s really very quick and convenient to start your investments with cryptocurrency using Coinbase. All you have to do is to go to your BUYS page and then choose the currency that you want to purchase. Yes, that easy!
Look at how much you really want to invest in dollar. It’s not really the full coin but just a portion it. This will help you especially when dealing with future investments. Choose your funding source and then click BUY.
Buy GUNTHY Using BTC and ETH
Transfer your ETH or BTC investment to other cryptocurrency exchanges because Coinbase does not have GUNTHY available to purchase. The transfer is done via a wallet system. Look at the Market and Limit price then go for the BUY button.
That’s it! You’re now an investor of GUNTHY!