Last update: Jun 6, 2022

How to Buy Project Galaxy (GAL)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Project Galaxy. Depending on where you’re located, you’ll have various crypto exchanges 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!

Project galaxy

How to Buy Project Galaxy – 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 Project Galaxy 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 trading platforms.

4. Buy Project Galaxy

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

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

Where to Buy Project Galaxy (GAL)

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 Project Galaxy

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

 

Crypto trading

How to Buy Project Galaxy (GAL) 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 Project Galaxy 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 Project Galaxy if it’s available. If the exchange doesn’t have Project Galaxy. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Project Galaxy), and trade your ETH for Project Galaxy.

Or, if you’d like to know more about which exchanges we recommend, look at our list of the crypto exchanges 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 Project Galaxy (GAL) 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 Project Galaxy 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 Project Galaxy if it’s available. If the exchange doesn’t have Project Galaxy. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Project Galaxy), and trade your ETH for Project Galaxy.

You can also take a look at our analysis of the bitcoin trading platforms in Canada if you’re looking to learn more about which ones we would recommend.

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 Project Galaxy (GAL) 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 Project Galaxy in the UK, the process remains the same:

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

Or, if you’d like to know more about which exchanges we prefer, read our list of the best bitcoin brokers in the UK.

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 Project Galaxy? GAL Rundown

Project Galaxy is a leading Web3 credential data network. Project Galaxy is a collaborative open-source infrastructure that helps Web3 developers and projects to use digital credential data, NFTs and other tools to create better products and communities.

What is a digital credential Credentials are essential for our daily lives. On-chain credentials could be, for example, the record that you have borrowed money from DeFi lending platforms but were not liquidated. Credentials include your contribution to the protocol's liquidity pool at its first launch, and your on-chain voting history. Your Web2 behavioral data counts towards your credentials. Companies like Google and Facebook use algorithms to determine your credentials in order to send you targeted ads. Credentials are essential due to their high use cases. Your credentials can be used by application developers to calculate credit scores and find target audiences. They can also be used to reward community contributors. Web3 and DAOs will lead to an explosion in behavioral data generated from waves of new users. Project Galaxy will provide the infrastructure necessary to assist these users in establishing digital credentials. This will be of vital importance.

Issues with the current credential program Today's credential data is segregated between closed databases that are owned by financial and credit institutions, applications, and government agencies. This has created a fragmented ecosystem that is not accessible to those who need it or to the people who should have it. Project Galaxy is an open, collaborative credential network that will allow Web3 developers to leverage credential data as well as NFTs to create better products and engage communities.

Project Galaxy Solution Project Galaxy allows community members to create and submit digital credentials to the Galaxy Credential Data Network. This infrastructure allows for curating credentials from multiple data sources. For on-chain credentials, curators can submit data from seven different chains using subgraph queries and snapshots. For off-chain credentials, they can also submit data from Twitter and Discord, Github or offline events.

Project Galaxy also offers Credential API and Application Modules. This allows developers to leverage credential data. The Application Modules can be used for Galaxy OATs (Onchain Achievement Tokens), NFT loyalty programmes, growth hacking campaigns and gated community. Developers have the option to use the Credential API and Credential Oracle Engine for more customized use cases, such as credit scoring or Sybil attack prevention algorithms.

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.