GateChainToken

What is GT and how Does It Work?

GateChain is a public blockchain platform that emphasizes onchain asset handling and supports decentralized interaction. It is engineered to facilitate token transfers while prioritizing security measures. Meanwhile, its GT token, or native token, plays a significant role in transaction charges and staking. An important feature of GateChain's structure is its chain wallet, which allows users to manage their tokens directly on the network. GateChain operates with a prompt block time of four seconds and boasts a transaction throughput with high volume capacity. This throughput allows developers to construct and implement smart contracts on its network. Furthermore, GateChain incorporates the Ethereum Virtual Machine (EVM) and introduced an "EVM account" type. This enhances their account system and also provides support for Ethereum 0x addresses. Users stake GT tokens through a proof-of-stake algorithm for transaction validation, which complements the security measures GateChain has in place and offers user-defined time-delay recovery settings. Beyond these, GateChain aligns with HipoDeFi, a platform that provides real-time DeFi project data and analysis. It forms part of the Ethereum Ecosystem and Centralized Exchange (CEX) labels, with a keen focus on achieving a significant position in the sphere of DeFi.

The Vision and Mission Behind GT

The GT token, commonly referred to as Gatechain Token, plays a role in the operations of the Gatechain exchange. It serves as the native transactional token of the platform, facilitating transfers and payments within the system. Moreover, GT serves as a bridge to the Gatechain's initial exchange offering (IEO) platform, known as Startup. Users of the platform are able to employ GT in order to offset trading fees. Another aspect of GT's function is its role within the Gatechain ecosystem's staking arrangement. Upon acquiring GT tokens, holders can engage in voting for proposed modifications and enhancements on the platform, thereby influencing its future direction. This staking process also plays a part in maintaining the network's decentralized structure as part of the PoS validation procedures.

How to Buy and Store GT?

To purchase GT, Flooz.xyz offers a one-stop solution to buy this token, using a smooth checkout, without the need to own a wallet. Tap tap go! All payment methods are supported. Using the Flooz self-custodial web wallet, you ensure seamless GT transactions, including storing, sending, and receiving tokens. You can create a self-custodial wallet directly on Flooz using your email, Google, and Apple ID in a matter of seconds. This also ensures that you have access over your funds at all times, thanks to the power of cryptography. Flooz.xyz aggregates more than 50+ providers to ensure you with the fastest and cheapest payment routes for your trades. This seamless and optimized trading experience has captivated over 85,000 active traders on Flooz.xyz.

GT Metrics:

• Current price: $13.4066

• Market cap: $1.69 B

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $21