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COINTURK NEWS > Altcoin News > How to Buy Project Galaxy (GAL)?
Altcoin News

How to Buy Project Galaxy (GAL)?

In Brief

  • Project Galaxy is defined as one of the leading Web3 credential data networks.

  • Built on an open and collaborative infrastructure, Project Galaxy helps Web3 developers and projects leverage digital identity data and NFTs to build better products and communities.

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COINTURK NEWS 7 months ago
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Project Galaxy is defined as one of the leading Web3 credential data networks. Built on an open and collaborative infrastructure, Project Galaxy helps Web3 developers and projects leverage digital identity data and NFTs to build better products and communities.

Contents
What is Project Galaxy (GAL)?Where to Buy GAL Coin?

What is Project Galaxy (GAL)?

Project Galaxy provides infrastructure for community members to curate and contribute digital credentials to the Galaxy Credential Data Network. The infrastructure supports credential curation through multiple data sources. Curators can contribute data from seven different chains using subqueries or snapshots for on-chain credentials. Additionally, they can provide data from off-chain sources like Twitter, Discord, Github, or offline sources for off-chain credentials.

Project Galaxy also supports developers in leveraging credentials through Application Modules, the Credential API, and a Credential Oracle Engine. Use cases for Application Modules include Galaxy OATs, NFT loyalty programs, gated communities, and customized governance. Developers can also use the Credential Oracle Engine and Credential API for advanced customized use cases such as credit scoring and Sybil attack prevention algorithms.

GAL is defined as a native utility token used for Governance, Payment for Application Module Fees, Payment for Galaxy Oracle Engine and Galaxy Credential API, and Credential Curation.

In addition, Harry Zhang serves as Co-Founder and Project Leader of Project Galaxy. Before founding Project Galaxy, Harry was Co-Founder and COO of Lino Network and Co-Founder of Dlive.tv.

Where to Buy GAL Coin?

Project Galaxy Coin can be bought and sold securely through Binance, the world’s largest cryptocurrency exchange by trading volume. GAL Coin is traded on the Binance platform with GAL/BTC, GAL/USDT, GAL/BNB, and GAL/BUSD pairs.

To purchase Project Galaxy (GAL), you first need to register on the Binance exchange. Once registration is complete, transfer either cryptocurrency or fiat currency to your Binance account wallet. After completing the transfer, you can purchase GAL Coin from any of the four pairs listed above. To buy from the GAL/USDT trading pair, first navigate to its interface. Enter the desired purchase amount in the limit section of the GAL/USDT interface. After specifying the amount, complete the purchase by placing a Buy GAL order.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 30 October, 2024 - 12:00 pm 30 October, 2024 - 12:00 pm
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