Buy Project Galaxy (GAL)
The best place to buy Project Galaxy is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Bitcoin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia’s highest-rated crypto exchange as per our Trust Pilot Reviews.
Is Swyftx Safe to buy Project Galaxy?
Yes, Swyftx is a safe and secure platform to buy and sell Project Galaxy (GAL). Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security.
Swyftx is a AUSTRAC registered exchange that conducts regular security audits and maintains strict compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing Laws.
You can find more information on our security practices here.
How is the price of GAL determined?
The price of GAL is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bitcoin is determined by the number of buyers and sellers in the market at any given time.
Some significant factors that can influence the demand for Bitcoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.
What deposit methods does Swyftx support?
You can deposit Australian dollars (AUD) into Swyftx via a number of methods including:
- Bank transfer
- OSKO
- PayID
- POli
- Credit or debit card
Swyftx also allows you to deposit cryptocurrency from another wallet into your account.
Can I buy Project Galaxy with credit card?
Swyftx does not allow you to directly buy Project Galaxy with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy GAL instantly.
What are Swyftx’s trading fees?
Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.
Ready to buy GAL?
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Dislcaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.
Swyftx acknowledges the Traditional Owners of the land on which our company is located, the Turrbal and Jagera peoples. We pay our respects to their Elders past, present, and emerging, and we recognise their continued custodianship and connection to the land, waters and community.
How To Buy Project Galaxy (GAL) On Uniswap
Project Galaxy (GAL) is now listed on Kucoin. Purchasing via Kucoin allows you to directly deposit funds and make transactions quickly.
Step 1 —
Create A Metamask to Buy GAL on Uniswap
In order to buy Project Galaxy (GAL), you’ll first need to Create a Metamask wallet. Metamask is browser tool that allows you to interact with various decentralized applications such as Uniswap, without the need to login to third-party services to perform simple actions. Project Galaxy GAL is available on Uniswap, an exchange that is gaining popularity as interest in DeFi (decentralized finance) rockets higher and higher. Uniswap is decentralized and therefore allows users to interact with it directly from their wallet. Metamask is simply the tool that allows you to gain access to Uniswap in order to buy Project Galaxy (GAL).
The buttons below will take you to learn more about either Metamask and Uniswap.
Step 2 —
Connect To Uniswap To Buy Project Galaxy (GAL)
With a Metamask Wallet setup, you can now buy GAL tokens after you’ve deposited your desired amount of Ethereum (ETH) or any other token you’d like to “swap” for Project Galaxy GAL tokens into your Metamask address. Ethereum is the most popular currency on Uniswap, so we’ll use that. Head over to the Uniswap App when you’re ready to get started. Project Galaxy (GAL) tokens can be found by clicking the “Select a token” button highlighted in the screenshot provided. You can either locate Project Galaxy (GAL) via the dropdown box or enter the contract address directly.
If the token you’re looking to purchase isn’t located in the dropdown box, entering the contract address for that token is the only alternate way of purchasing. The contract address for Project Galaxy (GAL) is 0x5fAa989Af96Af85384b8a938c2EdE4A7378D9875. It’s important to verify the contract address with the team directly if you’re able to get in touch with them, as entering the wrong address could result in the loss of funds. We’ve taken the available steps to verify the contract address in this example.
Once you’ve chosen Project Galaxy (GAL) from the dropdown or via input of the contract address, you’ll now be able to initiate a swap.
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About Galxe
What Is Galxe (GAL)?
Galxe is the world's leading Web3 credential data network and was launched on April 28, 2022, on Binance Launchpool.
Galxe is built on open and collaborative infrastructure that allows Web3 developers and projects to profit from credential data by building better products and communities.
Data curators are rewarded when users employ their credentials in Project Galaxy's Application Modules, Credential Oracle Engine and Credential API at the same time.
Who Are the Founders of Project Galaxy?
Harry Zhang is the co-founder and project lead at Project Galaxy. Zhang was the COO and co-founder of Lino Network, as well as the co-founder of DLive.tv. At Lino and DLive, Harry oversaw the team and created the product that served more than 10 million monthly active users.
Prior to that, Harry was head of data product at Club Factory, where he designed a data-centric supply chain and recommendation system from the ground up. Zhang holds a bachelor's degree from UC Berkeley in computer science with a minor in statistics. From 2016 to 2017, he was the President of the Associate of Chinese Entrepreneurs (ACE) at UC Berkeley.
Charles Wayn is the co-founder and strategy lead of Project Galaxy. Before co-founding Project Galaxy, Charles was the co-founder and CEO of DLive.tv. After DLive merged with BitTorrent in 2019, Charles became the VP of Interactive Entertainment at BitTorrent, heading up several streaming business units including DLive.tv, DLive Protocol and the Two App. From 2017 to 2018, he served as President of the Association for Chinese Entrepreneurs (ACE) at UC Berkeley.
What Makes Galxe Unique?
To meet the demands of data security, organizations are increasingly turning to centralized credential management solutions. Today, credentials are stored in closed databases controlled and permissioned by applications, governments, and financial and credit institutions. As a result, there is a fractured landscape that is not open to those who truly own the data or the applications that require it.
The aim of Galxe is to address this problem by providing a public and collaborative credential data network that will enable Web3 developers to use credential data to create better products and more engaging communities.
The goal of Project Galaxy is to establish a public, collaborative data network that is available to all Web3 developers. The infrastructure for community members to create and contribute digital credentials to our data network is provided by the project. Curation of credentials may be accomplished using several sources through Project Galaxy's infrastructure.
On-chain credentials can be requested by curators using subgraph queries or static snapshots. Galxe has connected with data sources such as Twitter and Github for off-chain credentials.
Curation may be rewarded when credentials are utilized in Galaxy's Application Modules, Credential Oracle Engine, and Credential API by contributing to the Galaxy's Credential Data Network. Because the data network is being used by individuals, this encourages even more people to join the curation for our network.
Galxe provides Applications Modules, Credential Oracle Engine, and Credential API for developers to leverage credential data to build better products and communities.
Use cases of our Application Modules include: Galxe OATs (On-chain Achievement Tokens); NFT Loyalty Programs; Growth Hacking Campaigns; Gated Community; Customized Governance and more.
Developers can also utilize the Credential Oracle Engine and Credential API for more customized use cases such as credit scoring and sybil attack prevention algorithms.
Buy Project Galaxy (GAL)
Project Galaxy (GAL) is a Decentralised Autonomous Organisation (DAO) that aims to provide an open and collaborative credential data network. GAL is the governance token for the Project Galaxy ecosystem.
- Credential data is essentially your behavioural data, what you do on the internet and how you interact. Today your credential data is scattered across the various social media and web browsing applications you use. Project Galaxy aims to solve this problem using an open and collaborative credential data network.
- Project Galaxy aims to provide the infrastructure for users to both curate and contribute digital credentials to their open network, with GAL being rewarded to those who do.
- GAL is responsible for voting & governance in Project Galaxy DAO. Developers who wish to utilise the data network for web3 applications will also need to pay a GAL fee.
How do I buy Project Galaxy?
Learn more about Project Galaxy
Why Should I Trade GAL with CoinSpot?
CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Project Galaxy no matter what your trading experience is. Unlike other international and Australian Project Galaxy exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.
CoinSpot provides layered security and advanced support systems so you can buy Project Galaxy with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Project Galaxy how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.
How do you store your Project Galaxy?
Storing on CoinSpot
Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Project Galaxy for free.
If you are holding Project Galaxy as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.