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Gnosis Coin (GNO) is a utility cryptocurrency that ensures the reliability and decentralization of transactions on the platform. GNO contributes to the ecosystem with two distinct use cases.
What is Gnosis (GNO)?
Gnosis (GNO) aims to provide open-source infrastructure for prediction markets operated on the Ethereum network. Gnosis’ mission is to create a platform for decentralized applications by establishing standards for prediction tools, information sources, and predictive assets that can be traded.
Gnosis allows access to all parties and gathers public opinion in an uncensored resource. It plans to create a reliable prediction tool for decision-makers in various sectors, including finance, government, and insurance. Gnosis software utilizes two cryptocurrencies, GNO and OWL, to help ensure the reliability and decentralization of transactions.
Gnosis Coin (GNO) is an Ethereum-based cryptocurrency. The primary use case of GNO is to generate OWL tokens through staking. Users can lock GNO for up to one year to earn rewards. The amount of OWL received is calculated based on the length of the staking period. The total supply of GNO is fixed at 10 million tokens.
Where to Buy GNO Coin?
GNO Coin can be securely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. Gnosis Coin is traded on Binance with the pairs GNO/BTC, GNO/BNB, GNO/USDT, and GNO/BUSD.
To purchase GNO Coin, you must first sign up for the Binance exchange. Once the membership is completed, you need to transfer cryptocurrency or fiat currency to the Binance account wallet. After completing the transfer, you can buy GNO Coin from any of the four pairs mentioned above. For purchasing from the GNO/USDT pair, first, navigate to this pair’s interface. In the GNO/USDT interface, enter the desired amount in the field specified in the limit tab. After specifying the amount, complete the purchase by placing a Buy GNO order.
