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How to buy Golden Ratio Token (GRT) in South Africa
Learn how to buy Golden Ratio Token (GRT) easily by following a step-by-step guide and compare 10+ crypto exchanges.
How to buy Golden Ratio Token
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Golden Ratio Token.
- Open an account on an exchange that supports GRT.
Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
- Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Golden Ratio Token.
- Buy Golden Ratio Token.
Complete your Golden Ratio Token purchase and then find the best wallet to store GRT.
What is Golden Ratio Token?
Golden Ratio Token (GRT) is a unique, obscure project in the crypto world that aims to ‘demonstrate the importance of a quality community’ in all crypto-based work. According to the Golden Ratio Token whitepaper, the project endeavours to provide value to other crypto communities and networks by encouraging cooperation and supporting liquidity. Launched in 2020, the GRT team wanted to reward those that contribute to the cryptocurrency community. The project is entirely fund-less with all development backed voluntarily and exclusively by the community. A key factor in the success of the GRT experiment was casting a wide net to form partnerships and support other crypto platforms. In doing so, the project hoped to build a massive community of like-minded individuals. GRT is the primary token used in the project and is not available for direct purchase. In order to incentivise participation in the cryptocurrency landscape, GRT tokens were distributed voluntarily by the development team to anyone actively promoting or developing another crypto-project. This removed the requirement for an initial coin offering (ICO). The tokens can currently be used on a selection of integrated platforms or sold/swapped for other cryptocurrencies. The team is continually working to create more avenues for use.
Golden Ratio Token (GRT) is the 3141st largest cryptocurrency in the world by market cap, valued at $53,698. The current price of Golden Ratio Token is $3.47, which is -3.520% lower than yesterday. Prices have ranged between $3.61 and $3.46 over the past 24 hours. All prices are listed in US dollars and accurate as of December 01, 2021 04:12 UTC.
Where to buy Golden Ratio Token
Find an exchange to buy, sell and trade GRT by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Is it a good time to buy Golden Ratio Token?
The technical analysis gauge for Golden Ratio Token displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Golden Ratio Token based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Golden Ratio Token: moving averages, oscillators and pivots. Finder is not responsible for how GRT performs.
Golden Ratio Token at a glance
|Total GRT supply||16,180|
|All time high||US$46.26|
Golden Ratio Token price performance over time
How to sell Golden Ratio Token
You can cash out your GRT with the same exchange you bought it through:
- Sign in to the exchange you have GRT on.
If you store your Golden Ratio Token in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of GRT you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Golden Ratio Token.
What to consider when buying Golden Ratio TokenBefore rushing out to invest in Golden Ratio Token (GRT), it is worth evaluating both the platform and purpose of the coin.
- Available information. Outside of the Golden Ratio Token whitepaper, it’s quite difficult to find impartial information on the token, its use-cases, and the company’s development beyond the experiment. It may be worth waiting until the project is better established with several third party reviews completed.
- Project development. Considering Golden Ratio Token was a short-term project that has now been completed, the price of GRT will be heavily dependant on whether the developers continue to advance the token’s use case. In the whitepaper, developers pledge to ‘continue and improve’ the project. How well this is accomplished should be followed via the project’s social media channels (Discord, Telegram).
- Availability. As the token was never intended to be sold directly, acquiring a substantial amount of GRT is a tricky feat. Any coins available on exchanges aren’t actually from the project developers and were on-sold by users. Generally, the only platforms a user can purchase GRT from are exchanges where someone has provided liquidity. These currently include SatoExchange or Resfinex.
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Disclaimer: Cryptocurrencies, including Golden Ratio Token, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of GRT is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Golden Ratio Token or any other cryptocurrency discussed.
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