Last update: Jun 6, 2022

How to Buy Golem (GLM)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Golem. Depending on where you live, you’ll have various exchanges to choose from.

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

Let’s get started!

Golem

How to Buy Golem – 4 Easy Steps

1. Choose a crypto exchange

Finding a cryptocurrency 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 Golem of course.

2. Sign up with the cryptocurrency 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 cryptocurrency exchanges.

4. Buy Golem

Now that you have what you need to buy Golem, head over to the market or buy section of the cryptocurrency trading platform and buy some GLM.

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

Where to Buy Golem (GLM)

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 Golem

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

 

Crypto trading

How to Buy Golem (GLM) 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 Golem in Australia, the process remains the same:

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

Also, take a look at our analysis of the cheapest crypto exchanges in Australia If you’re curious to know more about which ones we like.

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 Golem (GLM) 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 Golem in Canada, the process remains the same:

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

Or, if you’d like to know more about which exchanges we recommend, look at our list of the best places to buy bitcoin in Canada.

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 Golem (GLM) 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 Golem in the UK, the process remains the same:

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

It’s also possible to take a look at our analysis of the best bitcoin trading platforms in the UK if you’re interested in learning more about which ones 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 Golem? GLM Rundown

The Golem Project, which was led by Golem Factory, was announced on April 28th 2016. On April 10, 2018, the network was launched on mainnet. The Golem network is a distributed computation network that distributes redundant computing power to users who need it. It was launched on mainnet on April 10, 2018. It is a peer to peer network that allows users to trade and buy computation on an equal basis. This helps break down complex tasks into smaller tasks. Golem has no central authority, and no one is more important than the other.

GNT, or Golem Net Token, is required to pay for computations on our network. It is also the currency that drives our marketplace. You set a bid to receive your task done. You earn GNT as a Provider by performing computing tasks for Requestors. In your settings, you can define your minimum and maximum price thresholds.

These tools are called the Golem Tools.

  • Golem SDKs, which include tutorials for Providers and Requestors
  • Execution Environments (eg. Execution Environments (eg.
  • Rust API, JavaScript, and Python
  • Awesome Golem is a community-curated collection of resources, links and projects on Golem.

In 2016, Julian Zawistowski and Pitr Janiuk founded Golem Factory in Switzerland.

DevCon 0 was the first time that the idea for Golem Network were presented. It was held in November 2014. This decentralized platform is designed to be the first environment that allows computer-intensive projects worldwide to operate without the need for proxy or censorship. This concept was introduced at DevCon 0. The team then worked tirelessly to develop the Golem Network. A public crowdfunding event was launched on November 11, 2016.

Based on their collective learnings in 2019, the team realized they needed a new architecture to create a better platform for distributed generalized computing. The team came up with a better architecture and a new approach to building that will allow users to create on top of Golem.

The Golem Network team was tasked with creating a new protocol, architecture, and codebase over the course of 2020.

Related:

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.