The GMD token is the governance token for the GMD Protocol, which enhances the GMX platform with advanced yield strategies and smart vault options. It enables token holders to vote on critical decisions affecting protocol operations and developments, while also allowing them to participate in economic activities such as staking. These functionalities not only provide a return on investment through sophisticated trading strategies but also ensure that token holders have a stake in the protocol’s success and governance.
How to buy GMD Token on Monitok?
Seamless steps to get started on GMD token trading
Download & install the Monitok App
Navigate to your device's app store and download the Monitok app. Follow instructions for a quick & easy setup.
Create an Account
Open the Monitok app, follow the prompts to create an account and wallet. Secure it by saving the wallet's seed phrase and using a strong password.
Buy GMD
Get GMD on Arbitrum via deposit from another wallet OR using your credit card. Once your account is set up, you can obtain or deposit GMD to start trading efficiently.
How to buy GMD Token on Monitok?
Trade across multiple DEXes with a seamless mobile experience on multi-chain.
Hold your assets with confidence using our self-custodial wallet, with built-in account abstraction.
Seamless on/off-ramp transactions with unmatched customer support
Enhance your portfolio's versatility: buy, send, earn & learn.
You can buy GMD directly on the Monitok app with a credit card. Here’s how:
1. Create an account on the app
2. Go to your wallet
3. Click the “Buy” button
4. Follow the steps & input your credit card information
Voila! You just bought GMD with a credit card.
For bank transfers, you can use several on-ramp providers integrated on Monitok. The flow looks more or less similar:
1. Go to your wallet
2. Press the “Buy” button
3. Select the amount you would like to buy
4. Select the “Manual Bank Transfer” payment method
5. Go to your bank account
6. Send money to displayed IBAN with displayed reference code from your bank account
P.S.: It takes up to two days for your assets to be attributed to your account.
Monitok is a self-custodial exchange with price aggregation from 100+ DEXs to bring the best price for your trading. Also, with self-custody, only you have access to your assets, along with you can track all your portfolio from the Monitok mobile app. In addition to that, with our fiat on/off-ramp feature, you don’t need several applications, you can buy/sell all your crypto and fiat on the app.
GMD Protocol is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain.
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