Gitcoin Coin contributes to the governance of the Gitcoin ecosystem and is the native cryptocurrency of the platform.
What is Gitcoin (GTC)?
Gitcoin (GTC) is a community of developers, creators, and protocols coming together to advance the future of the open internet. Gitcoin builds a community that supports the infrastructure for Web 3.0, including tools, technologies, and networks to promote development in the open-source space.
GTC is Gitcoin’s governance token, launched in May 2021. GTC is crucial for the creation and financing of the DAO that will govern Gitcoin.
Gitcoin is unique in that it supports community building, especially for open-source projects. As of June 2021, over $20 million has been funded for open-source projects through Gitcoin, with more than 1,600 projects created and over 160,000 active developers monthly.
Gitcoin aims to create a future vision called “Quadratic Lands,” an ecosystem targeting digital democracy and community building. Gitcoin offers people unique options for shaping their future and the development of the open internet. Gitcoin developers are committed to creating an internet that is open-source, collaborative, and economically robust. Gitcoin was founded by Kevin Owocki and Scott Moore.
Where to Buy GTC Coin?
GTC Coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. Gitcoin is traded on the Binance platform in the GTC/BTC, GTC/BNB, GTC/BUSD, and GTC/USDT pairs.
To buy GTC Coin, first, you need to register on the Binance exchange. Once the membership is complete, you need to transfer cryptocurrency or fiat currency to your Binance account wallet. After the transfer is complete, you can purchase GTC Coin from any of the four pairs mentioned above. For buying from the GTC/USDT trading pair, you first need to go to the interface of this pair. In the limit tab of the GTC/USDT interface, enter the amount you want to buy. After specifying the amount, the purchase is made with the Buy GTC order.