April 20, 2022

How and Where to Buy GameFi in the UK

What is GameFi?

GameFi is an amalgam of the words Game and Finance. The term refers to the combined use of blockchain-based games and decentralised finance tools in all their manifestations: pharming yields, lending and borrowing, algorithmic stackcoins, and new token issuance tools.
It is possible to play using any device.
As an industry, GameFi originated back in 2013, when developers began to incorporate cryptocurrencies into their games.

GameFi

GameFi owes its popularity to the cumulative impact of two areas - DeFi and gaming. In GameFi, users can earn rewards that can be exchanged for cash. The price of GameFi tokens is now rising due to their NFT component.

How to Buy GameFi (GAFI)

In general, the process of buying a crypto token is simple:

  • Step 1 — Sign up at Gate.io
  • Step 2 — Fund your account
  • Step 3 — Buy cryptocurrency

Exchange Name:

Gate.io

Deposit Methods:

Cryptocurrency

Fiat currencies:

No

Coins Supported:

Bitcoin, Ethereum, Litecoin, USDT, XMR, DAI, BCH, others

Exchange Name:

Kucoin.com

KuCoin Logo

Deposit Methods:

Cryptocurrency

Bank card (Visa/MC

Fiat currencies:

USD, EUR, GBP, HKD, etc.

Coins Supported:

BTC, ETH, LUNA, FTM, KCS, KuCoin Token

GameFi overview

Genesis Date

Market Cap Rank

3984

Market Capitalization

0 GBP

Current Price

0.331588

Available Supply

100,000,000

Circulating Supply

0

Max Coin Supply

0

GameFi Price History

24 Hours Trading volume

814,431 GBP

24 Hours Trading volume change

5%

24 Hours Low

17.79 GBP

24 Hours High

19.33 GBP

24 Hours Price Change

2.8%

7 Days Low

17.2056 GBP

7 Days High

20.5824 GBP

7 Days Price Change

-10.1%

30 Days Low

17.2056 GBP

30 Days High

37.5235 GBP

30 Days Price Change

-49.1%

90 Days Low

17.2056 GBP

90 Days High

123.047 GBP

90 Days Price Change

-84.7%

1 Year Low

0.000000000 GBP

1 Year High

123.047 GBP

1 Year Price Change

0%

Where to Store GameFi

You will need a wallet to store virtual currency and NFT and to make in-game transactions. Which one you need depends on which blockchain the game is built on. For example, MetaMask, an Ethereum-based cryptocurrency wallet service, will work with any GameFi game built on Ethereum.

If you have an interest in buying GameFi (GAFI), then Ledger Nano S and Ledger Nano X hardware wallets can be used. They are the most common hardware wallets and will safely store your GAFI.

The best GameFi storage wallets are Ledger, Trezor, Math Wallet and Trust Wallet.

MetaMask is a decentralized wallet for Ethereum and ERC20 tokens that allows the user to send, receive and exchange cryptocurrency with full control over their keys.

Ledger was founded in 2014 and is a leading manufacturer of secure cryptocurrency storage devices. Two of the company's best-known products are the Ledger Nano S and Ledger Nano X hardware wallets.

Trezor Wallet is considered the first hardware wallet for storing cryptocurrency. It was developed in 2014 by Satoshi Labs.

How to Trade GameFi

You can trade GAFI tokens on special marketplaces. The most popular trading platforms currently are Bitcoin Era, Bitcoin Revolution and Bitcoin Superstar. They offer their users a wide range of services.

BitcoinEra Logo

Min Deposit

$250

Exclusive promotion

Ranking

9.5

Bitcoin Era is an AI-powered trading system that provides automated cryptocurrency investment services for the sake of gaining profit. The platform is backed up by algorithmic analysis that ensures a high level of accuracy. However, you can also apply customized parameters and abandon auto-trading.

Bitcoin Revolution logo

Min Deposit

$250

Exclusive promotion

Ranking

9.0

Bitcoin Revolution is a live trading platform with automated trading functionality. The platform is fairly new - it was launched in 2017. Over the last few years, it has managed to build a good reputation, although some hurdles were faced along the way.

Logo of Bitcoin Superstar

Min Deposit

$250

Exclusive promotion

Ranking

8.5

Bitcoin Superstar is an automated trading technology based on algorithms to determine which options will guarantee positive results in a risk-aversive approach and develop effective strategies.

FAQ

How can beginners buy GameFi in the UK?

The easiest way to buy GAFI tokens for a newcomer is to use a cryptocurrency exchange. For example, Gate.io.

What is the safest way to buy GameFi?

The safest option for purchasing GAFI tokens is to buy them on a regulated cryptocurrency exchange.

What is the minimum amount to invest in GameFi?

Any number of native tokens can be used to participate in IDO on GameFi Launchpad. A minimum of 20 GAFI tokens must be purchased to get at least the first rank.

Is GameFi a good investment in 2022?

Thanks to new technology, the GameFi industry has been given a major boost. The GAFI token could be a lucrative investment option. This cryptocurrency has a high yield and the NFT market is gaining popularity.

How to invest in GameFi?

To invest in a GAFI token thanks to a financial advisor, you will need to decide on an investment amount, choose a cryptocurrency exchange, register with it and purchase tokens.

Where is the best place to buy GameFi?

The GAFI token is traded on many leading cryptocurrency exchanges. The most popular trading pair is GAFI/USDT, but you can also find GAFI/ETH if you wish. In any case, if you are already using a cryptocurrency exchange, are happy with the services provided, and have a GAFI token listed on the exchange, it makes sense to use said exchange.

Disclaimer

Cryptocurrency trading is a high-risk investment that is not appropriate for all investors. Before you decide to trade cryptocurrencies, think about your financial goals, level of knowledge, and risk tolerance. Furthermore, you should not invest money that you cannot afford to lose because there is a chance you will lose some or all of your initial investment.

You should be aware of all the dangers of cryptocurrency trading and get financial counsel from someone who is not affiliated with any cryptocurrency exchange. This website's opinions, news, research, analysis, pricing, and other information are offered solely for educational purposes and do not represent investment advice.

Thank you so much for reading!

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Jack Evans


I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments.
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