Last update: Jun 6, 2022

How to Buy Aavegotchi (GHST)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Aavegotchi. Depending on where you live, you’ll have different crypto trading platforms to choose from.

In this guide, we not only cover the top 3 global cryptocurrency exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Aavegotchi

How to Buy Aavegotchi – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a crypto exchange isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Aavegotchi of course.

2. Sign up with the crypto exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger exchanges.

4. Buy Aavegotchi

Now that you have what you need to buy Aavegotchi, head over to the market or buy section of the cryptocurrency exchange and buy some GHST.

If the crypto exchange doesn’t have any Aavegotchi on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Aavegotchi first), and trade your Ethereum for Aavegotchi.

Where to Buy Aavegotchi (GHST)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Aavegotchi

  1. Sign into the exchange where you bought Aavegotchi.
  2. Move your Aavegotchi to the right place on the cryptocurrency exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell Aavegotchi.

 

Crypto trading

How to Buy Aavegotchi (GHST) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Aavegotchi in Australia, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy Aavegotchi if it’s available. If the exchange doesn’t have Aavegotchi. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Aavegotchi), and trade your ETH for Aavegotchi.

Alternatively, if you want to know more about which exchanges we like, check our list of the best bitcoin brokers in Australia.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy Aavegotchi (GHST) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Aavegotchi in Canada, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy Aavegotchi if it’s available. If the exchange doesn’t have Aavegotchi. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Aavegotchi), and trade your ETH for Aavegotchi.

You can also take a look at our analysis of the most trusted crypto exchanges in Canada if you’re interested in learning more about which ones we prefer.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy Aavegotchi (GHST) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Aavegotchi in the UK, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy Aavegotchi if it’s available. If the exchange doesn’t have Aavegotchi. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Aavegotchi), and trade your ETH for Aavegotchi.

It’s also possible to check out our comparison of the cryptocurrency brokers in the UK if you’re looking to learn more about which exchanges we prefer.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying Aavegotchi? GHST Rundown

Aavegotchi (GHST) are a collection of rare crypto-collectiblesliving Ethereum. Aavegotchis are older than most play to earn games. They were among the first -based NFT game. Innovative concepts like dynamic rarity, rarity agriculture, DeFi mechanics such as staking, DAO governed game mechanics and an open metaverse with interoperable intelligent contracts were introduced by Aavegotchis. Aavegotchis were named after Tamagotchi digital pets. They are, in a tongue to cheek description, "the ghosts liquidated yield farmers determined return and bring honor their familia."

Each Aavegotchi has three attributes that determine their overall value and rarity in the Aavegotchi Universe: spirit force, traits and wearables. As staked collateral on Aavegotchi, the NFT's value rises with increasing spirit force. Aavegotchis can also have a different rarity score. This can vary depending on Aavegotchi level and wearables. A rare Aavegotchi may become less common depending on the distribution of traits and wearables within the Aavegotchi universe. This rarity farming idea was first introduced by Aavegotchi.

Aavegotchi is a DeFi-focused token (NFT), that runs on the Aave protocol . Aavegotchis can be used to earn staking rewards as DeFi collateral.

The tokens, like CryptoKitties have distinguishing qualities such as personality and body color. The tokens can be liquidated by the owner at any time, as they are a staked asset. You will lose your Gotchi if you liquidate the NFTs.

Since they are following Aave (which translates to "ghost") in Finnish, the characters appear as if they have pixelated ghosts. The token ticker cleverly spells "ghost" without the vowel.

Aave made a November 2020 investment in Pixelcraft Studios. This allowed it to offer raffles as part of its protocol. Although the project's mainnet launch was set for January 4, 2021, it was delayed due to high transaction costs on Ethereum Blockchain, where it runs in sidechain.

Aavegotchi introduced rarity farming as a new NFT game. This gameplay design encourages active participation by allowing users to earn GHST tokens for training NFTs to higher rarity levels.

Each NFT has a Base rarity score that is based on the rarity of its traits or equipped wearables. Aavegotchis rank according to an Absolute Score, which is based on the rarity of each trait. The Absolute Rarity Score might decrease if players train their NFTs to get maximum energy. In simple words, the Absolute Rarity score is a percentile function.

The total absolute rarity score for an Aavegotchi equals:

  • Base Rarity Scores of all traits
  • Base rarity scores for all outfitted wearables
  • Absolute rarity score for all traits

Players have an incentive to improve their NFT's rarity scores as the rarest Aavegotchis are eligible for the highest GHST rewards. Players are also faced with strategic decisions regarding training and equipping their NFTs, due to the constant fluctuation in NFT rarity.

Aavegotchi was also one of the first to use a metaverse within its game. Aavegotchis have the opportunity to interact with their peers in the Aavegotchi Realm. This 2D-pixelated metaverse allows them to play mini-games and take part in the governance of the AavegotchiDAO. Holders of GHST tokens can unlock parcel tokens in this metaverse to build their own smart contracts.

The minigames found in the Aavegotchi Metaverse are also a popular feature in NFT games which have followed it. Mini-games can be balanced so that no one Aavegotchi has an advantage over the others. Different rarities are useful in different games.

Aavegotchi was the first game to use a DAO-governed token allocation event, which transferred funds from the token bonding contract to the gaming studio that was working on the game's creation. The AavegotchiDAO has been through two more iterations. It is now at its OASIS stage, where the governing DAO votes for all decisions.

The Aavegotchi game was initially written in Solidity, and then built on Ethereum. However, it is interoperable, which allows layer-2 deployments of its smart contract. As it builds out its metaverse, the project clearly stresses the importance of scaling its DAO.

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author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.