Gifto (GTO) is a virtual gifting protocol brought to life by the Asian Innovations Group. Inspired by the concept of ‘gift’, this project is based on the Ethereum network and enables people to send virtual gifts in a decentralized manner. Users can send each other GTO tokens, which are ERC-20 based, and these can later be traded on various social media networks.
The idea of content creators sending virtual gifts to each other or fans sending gifts to their idols has come to fruition in the cryptocurrency sector. The project, founded by Andy Tian, has experienced a significant decline recently, but the team behind it is certainly noteworthy. Andy Tian previously sold his startup company to gaming giant Zynga.
What is Gifto (GTO)?
Users must pay with GTO Coin to send gifts to each other. This ensures the continual use of Gifto Coin. As the network is used more and people send each other virtual gifts, it can be said that GTO Coin will face increasing buying pressure.
GTO Coin is ranked 664th and has a unit price of 0.02309 dollars. With a total supply of 1 billion GTO Coins and 770 million in circulation, it has not yet reached its maximum supply. GTO Coin, having reached a trade volume of 14 million dollars in the last 24 hours, is actively used.
Where to Buy GTO Coin?
GTO Coin, launched during the ICO craze in the cryptocurrency market in 2017, still has significant liquidity on Binance. Although there are several GTO trading pairs on Binance, GTO/USDT seems to be the most prominent. Therefore, the GTO/USDT trading pair on Binance can be used to purchase GTO.
Investors can become GTO Coin holders by directly sending USDT to Binance or buying USDT there. Using Binance provides users with both extra liquidity and security, putting them a few steps ahead of other users. Especially for cryptocurrencies with low trade volumes, using a cryptocurrency exchange with maximum liquidity is of vital importance for investors. The GTO/USDT trading pair stands out in this aspect compared to other pairs.