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What is GALA?

Gala Games is a blockchain gaming platform launched in 2019 to enable developers to use the protocol's toolkit to create their own games. Each game needs to be approved by the community, which makes it a decentralized process. Moreover, community members who run nodes also get voting rights for decisions that affect the network's future progress. GALA is the name and ticker of the Gala Games' native ERC-20 token.

The Gala Games ecosystem is decentralized and run by Founder's nodes. Two other nodes, Paid and Free nodes, will be added to the Gala ecosystem when the Gala side chain goes live. Gala Games relies on three consensus mechanisms to power these nodes: Proof of Work (PoW), Proof of Stake (PoS) and Proof of Storage.

GALA is the in-game currency that runs the entire gaming platform. Players can buy and trade NFTs from the Gala store using GALA. Tokens are also used to incentivize node operators and help with network governance.

Gala Games' roadmap features an innovative plan to create a blockchain platform that will eliminate network congestion, gaming bottlenecks, and high transaction fees.

Why buy GALA with OKX?

What can I do after I buy GALA?

OKX is a leading cryptocurrency exchange that allows you to buy GALA tokens seamlessly. Supporting over 30 fiat currencies, OKX is the go-to marketplace for trading and swapping GALA. The following are what you can do with your purchased GALA tokens.

HODL GALA

Buy low and sell high. If you are a long-term investor, buy GALA from OKX and store it safely in your OKX wallet. You can also transfer your GALA holdings to a hardware wallet and keep them in the hopes of profiting from any appreciation of their value over time. Once you achieve your target profit level, sell your GALA tokens and exchange them for fiat currency and other crypto assets.

Exchange your GALA tokens

To limit losses from market fluctuations, especially in a bearish market, you can swap your Gala tokens for a more stable coin, like USDC or USDT. Use our ‘Convert’ feature to select your preferred coin and exchange your Gala for other crypto assets without incurring any fees or spread.

Pay with GALA

In addition to investing in, trading, and holding GALA, a growing number of businesses accept GALA directly as payment. Check if the merchant or seller you are interacting with accepts GALA to send your tokens directly from your OKX wallet to their compatible one.

Stake GALA to earn high-interest yields

Using our "Earn" feature, you can stake your GALA tokens and earn interest on them, much like a savings bank account.

How to buy Cryptocurrency and store it safely?

Guide on how to buy Gala (GALA)

Buy GALA with a credit/debit card

With OKX, you can seamlessly buy crypto directly with your MasterCard or VISA debit and credit cards. The simplest way to purchase GALA tokens with a credit or debit card is to buy USDT and then exchange it for GALA in the spot market.

Buy USDT from our peer-to-peer (P2P) market

Navigate to our escrow-powered peer-to-peer trading window and purchase USDT tokens directly from trusted sellers using 40 payment methods. Then exchange your USDT tokens in the spot market for GALA.

Convert other crypto to GALA

If you hold BTC, SOL, OKB, MATIC, or any of the 100+ supported cryptocurrencies in an external wallet or on another exchange, you can send it to OKX and swap it for GALA at zero fees and no spreads. All you need to do is transfer crypto to your OKX account and visit our OKX Convert page to swap the deposited asset for GALA.

Buy GALA in our spot trading market

Easily buy GALA in our Spot Trading market. OKX has listed the GALA token against USDT and USDC. You can transfer those coins to your OKX account to buy GALA directly if you already own them.

FAQs

Is it easy to open an account to buy GALA tokens on OKX?
Absolutely! OKX allows you to buy GALA tokens using various payment methods without the hassle of filling in lengthy forms. Opening an account only takes a few minutes.
How safe are my GALA tokens on OKX?
Your GALA tokens are entirely safe with OKX. We employ multi-layered security to protect your funds and information from cybercriminals. Our security stack includes semi-offline storage, a multi-signature system, emergency backups, 2FA, anti-phishing codes, withdrawal passwords, and more.
Which digital assets can I use to buy GALA?
You can buy GALA with the GALA/USDT and GALA/USDC trading pairs. This option is available on our trading terminal.
Can I transfer GALA to other Wallets?
Yes. You can transfer your GALA tokens to your multi-chain wallet, either MetaX or MetaMask. For example, swap your GALA tokens for BNB, ETH, and other assets on Binance (BSC) or Ethereum (ETH) networks.
Can I make profits by trading GALA on OKX?
Crypto trading bears some investment risks, as volatility and unpredictable price movements influence the market. These market conditions determine whether you’ll be in profit or loss.
What are the most popular cryptocurrencies to invest in today?
Top crypto, based on market capitalization or total circulation value, include Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and XRP (XRP).
However, like all other crypto, the above are also featured with volatility and risks. You should do your own research (DYOR) and evaluate your risk appetite before investing in any crypto.
What are the top cryptocurrencies I can buy on OKX now?
OKX provides access to hundreds of crypto and trading pairings. Some of the most popular crypto on OKX include BTC, ETH, USDT, DOGE, SOL and OKB. You can visit our brand-new OKX Crypto Calculator. Select a crypto and a fiat currency to check the estimated real-time price.