If you have any interest to buy Guild of Guardians (GOG), you will be required to have either Bitcoin abbreviated as (BTC) or Ethereum (ETH) for trading purposes. I have reviewed the major cryptocurrency exchange Binance in this post to help you determine the best sites to buy cryptocurrency using a credit card or bank account. Take a read and get tips on the best cryptocurrency trading.
Step 1: How to create a Binance account:
1.1 Visit Binance’s Website (https://www.binance.com/en)
There have been several phishing cases reported over the past years that are imitations to the original site, it is essential to scrutinize the URL to the website keenly. First, be on the lookout for the ‘Secure’ certificate that should pop up in your address bar and that acts as a confirmation of the site’s genuineness. Second, to be extra safe while trading on the platform, ensure to bookmark the authentic site to evade any confusion in future searches.
1.2 Fill in your trading details
You have to fill in your details by going to the ‘’Register” tab found in the right-hand corner of the website’s page and fill in your trading details. For instance, you will need to fill in your mobile number or you choose to use your email address. For the email address, it is necessary to use your main email that you can access easily and the most secure one since you will need it to sign in to your Binance account always.
You also need to choose a strong password for your email; a strong password should comprise a mix of numbers, symbols, upper and lower-case letters. You will receive a 6-digit code via the email you provided as your account’s verification code and for completing the registration process.
1.3 Allow 2FA-Two-factor authentication (Optional)
To make your account more secure you need to allow use of a two-factor authentication after your first log in. Trust me; it is vital to set up the 2FA because it makes your account more secure from any hacking activity!
Every time you log in with the two-factor authentication, you will need to provide a unique code once your type in your email and password. To get your unique code, use the Google authenticator app downloaded into your smartphone.
Step 2: Buying your first Bitcoin (BTC)
To send money to your Crypto wallet account on Binance either directly via your bank account through SWIFT money transfer or you can opt to use your debit/credit card. For this part, I will guide you on how to use your credit card.
Binance previously didn’t allow the use of credit or debit cards on its platform, but the same has been introduced. Binance partnered with Simplex to allow its users to use their credit and debit cards to buy Bitcoin or Ethereum. This has led to faster Crypto transaction speeds, low transaction charges, and more transaction flexibility.
I highly recommend buying Bitcoin first and then trading it for the right amount of Guild of Guardians (GOG).
It is easy to purchase Bitcoins via your credit card but I will elaborate on best ways you can do it step-by-step to make sure you understand all the trading nitty-gritty.
- Move your mouse’s cursor to ‘Buy Crypto’ tab found on the top bar and activate the dropdown menu. Then choose the currency, For instance, US Dollars, and click the ‘Credit/Debit Card’ to lead you to the next step.
- You be led to the next page; in this page you will see options to choose the desired Bitcoin (Select BTC), and the amount you need to spend to buy your choice Bitcoin amount. The total amount you need to spend will be displayed according to the Bitcoin amount you request and the matching market price at that time (inclusive of all fees). However, you can choose to first set the total charge then the system will automatically calculate the order amount for you.
- Fill in your credit card details and personal information too. Once done, you need to click “Pay now” and give it a moment to verify your details.
- You will be required to verify your email and phone number if it happens to be your first simplex payment via a code send through your email or an SMS. Complete the verification process by opening the link in your email and type in the code you receive via SMS. Once you do all the above, you can click “Continue”.
- Verification of identity follows next via the use of an official document. Basically upload your identification document photo accompanied by your personal details and click the “Upload Document” tab.
Lastly, your personal document will be approved once verified by the system and an email send to show the confirmation of order purchase. Subsequently, your Binance account is credited with the purchased BTC or Ethereum.
Step 3: Transferring Your Cryptos to an Altcoin Exchange FTX
Now let us purchase Guild of Guardians (GOG) using your investment from Binance.
But, not every crypto can be traded in Binance we need to transfer our coins to an exchange that Guild of Guardians (GOG) can be traded.
Let me guide you to FTX which is a famous exchange to trade altcoins. We will use the link below to register your new account.
If you have completed similar processes as we’ve done before with Binance we are ready to transfer our Bitcoins.
Step 4: Depositing BTC to Exchange
After you have created your trading account setup at one of the exchanges that trades Guild of Guardians (GOG), you will need to transfer your BTC from Binance to that specific exchange.
You will need to use a wallet system. Deposit BTC to ftx Click “Wallet” from the top left menu. Then, you will see the coin list, find BTC and lick deposit button and copy the given “Deposit Address” This part may be a little bit difficult but don’t worry, it is easier than a bank transfer.
After you have copied your unique BTC wallet address go back to Binance. Move your cursor to “Wallet” on the right hand side of the topbar and once the popup shows up, click on “Fiat and Spot (Deposit & Withdrawal)”.
Look for BTC in the list and click on “Withdraw” on the right hand side. Then, Paste the deposit address you just copied from the other exchange and select BTC as the transfer network.
Type down the amount that you want to withdraw (you may click the Max button if you want to withdraw all). Then, Click on the Submit button to begin with the withdrawal process.
For you to continue with the withdrawal, Binance may ask you for your 2FA code and also you will have to confirm the withdrawal with an e-mail.
That is all you need to do, now you should wait shortly so that the blockchain to confirm your transaction.
Step 5: Trade Guild of Guardians (GOG)
Now you need to go back to Bitmax to buy Guild of Guardians (GOG) with the Bitcoins you sent.
You will have to move your mouse over to trading and then click standard under cash trading.Then, in the left column make sure to select “BTC” pair and in the search bar type in “GOG”.
After you havemoved your coin click on it and now you will see a price table of GOG/BTC in the middle of the page. Select, the “Market” tab as that is the most straight-forward type of buying orders.
The, you have to type in your amount or choose what portion of your BTC deposit you would like to spend on buying, by clicking on the percentage buttons.
Once you have confirmed everything, click “Buy GOG”. Now you own your GOG!
Other Exchanges to Buy Cryptos
The following are other sites you can buy from these exchanges:
HotBit (Which permits US investors)
MXC (This exchange allows US investors)
On top of the above-listed exchanges, there are some more common crypto exchanges where daily trading volumes and a huge user base is available. This helps to ensure that you can sell your coins any time you want and the charges for the trading are not high. It is recommended that you should also register on these exchanges because whenever Guild of Guardians gets listed there it give the traders who have already registered a large amount of trading volumes, that means you will be provided with some great trading opportunities!
Final Step: How to Store Guild of Guardians securely in hardware wallets
1. Ledger Nano S
- Easy to set up and has a friendly trading interface.
- Allows use on desktops and laptops
- Lightweight and Portable too
- Has been designed to Support most blockchains and a wide range of (ERC-20) tokens
- Has many trading languages.
- Designed by a well-established company found in 2014 with great chip security
- It is not expensive but can be acquired at affordable price
2. Ledger Nano X
- It made with a more advanced and secure element chip (ST33) than Ledger Nano S
- Has an easy design that allows the use on desktop or laptop, or even smartphone and tablet through Bluetooth connection.
- Also Lightweight and Portable and has a built-in rechargeable battery
- Has a Larger screen
- Comes with more storage space compared toLedger Nano S
- It supports most blockchains and wide range of (ERC-20) tokens
- Provides several languages for every customer
- It was designed by a famous company found in 2014 with great chip security
- Can be obtained at an affordable price
If you still have plans to stay at hodl” as some people call it, basically misspelt “hold” (which become famous as time passes) your Guild of Guardians for some long time, you need to find ways to ensure it stays safe safe,
However Binance is the most safe cryptocurrency exchange, in the past few years there have been hacking incidents and funds were lost. Because of the design of the wallets in exchanges, they will be accessible always via the internet (“Hot Wallets” as they are called), therefore exposing certain aspects of weaknesses.
Thus safeguard your cryptos by putting them in “Cold Wallets”, where the wallet will only have access to the blockchain(or simply “go online”) when you send out funds,. This reduces the chances of being hacked. For example, use a paper wallet which is a type of free cold wallet. It can also be defined as an offline-produced pair of public and private address and that you write on a paper for keeping safely with you. But, it is not permanent and may be faced by certain risk.
Thus, Hardware wallet is therefore the best compared to cold wallets. Since they are usually USB-enabled devices that can hold the key information of your wallet in the safest manner. Also they are designed using military-level security and their firmware’s are continuously upgraded by their manufacturers and this makes them extra safe to use. For example, Ledger Nano S and Ledger Nano X and are most common hardware wallets, you can buy one at $50 to $100 depending on the specifications they have. I highly recommend these for holding your assets because these wallets are a worthy every penny according to my experience and opinion.
Frequently Asked Questions
Is it possible to buy Guild of Guardians with cash?
The answer is No. Because there is no way you can directly buy Guild of Guardians with cash. But, using marketplaces such as LocalBitcoins to first buy Bitcoin, and completethe rest of the steps by transferring your bitcoin to respective AltCoin exchanges.
How do I Buy Bitcoin from local sellers?
You can go to LocalBitcoins that is a peer-to-peer Bitcoin exchange. It is more of a marketplace where users can buy and sell Bitcoins to and from each other. Users, known as traders, make advertisements to show their price and the payment method they want used. Then buyers buy from the traders to buy from sellers in a particular nearby region on the platform. LocalBitcoins is after all a good place to go to buy Bitcoins when it is impossible for you to find your favorite payment methods somewhere else. The site’s prices are high and you have you have to be extra careful to avoid conmen.
What are the quickest ways I can buy Guild of Guardians while living in Europe?
While in Europe you have the advantage of buying cryptos in an easy and quick way. Because Europe has even online banks which help buyers to simply open an account and transfer money to exchanges such as Coinbase and Coinmama. Such banks which are common as online banks in Europe are Bunq, N26 and Revolut.
Can I use alternative platforms to purchase Guild of Guardians or Bitcoin with credit cards?
Yes you can, you just need to visit Changelly which an easy to trade in site especially when it comes to buying Bitcoin with credit cards. It provides an automatic cryptocurrency exchange that gives a buyer the opportunity to exchange crypto fast and buy them using credit card. It has been designed to allow users to have easy crypto buying since it has a simple user interface and provides instructions that are easy to follow too.
To learn more about this project, check out our deep dive of Guild of Guardians.
What Is Guild of Guardians (GOG)?
Guild of Guardians is a multiplayer fantasy action RPG on Immutable X. The game’s vision is to become the world’s most popular RPG, where players can assemble a set of Guardians and earn rewards in the process. By combining fun gameplay that will be played on mobile with play-to-earn mechanics, Guild of Guardians aims to build an in-game economy that will be compelling for players to participate in.
The game will initially be accessible on iOS and Android and will be available in 2022. The gameplay revolves around training a team of heroes to collect resources and engage in challenges. The collected resources will be issued and distributed in Gems, the game’s in-game currency that can be redeemed for real money, spent on minting new assets or secondary purchases, and used to vote on game decisions. 20% of all primary and secondary trading fees must be paid for in Gems.
Since mid-2020, Guild of Guardians has racked up over 220,000 followers across different social media channels in its short time of existence. It also sold out its first NFT Founder sale, netting over $4.6 million that will be used for game development.
Who Are the Founders of Guild of Guardians?
Stepico Games, a Ukrainian game development studio, is the team developing Guild of Guardians. In total, over 20 people with experience in start-up founding and mobile game development are working full-time on the game. Stepico Games has developed several strategy and RPG games, accumulating over five million downloads in the process.
What Makes Guild of Guardians Unique?
Guild of Guardians combines a familiar style in gameplay design with new elements from GameFi to create a wholesome experience for players. The game’s gameplay and artwork is inspired by the fantasy game classics Diablo and Dungeons and Dragons. Players can select several familiar races like orcs, elves, humans and others as part of their team. This team is then sent into dungeons to fight in classic turn-based RPG fashion style. By venturing into different dungeons and completing challenges, players can amass resources, currency, and equipment to recruit and upgrade their heroes and enter progressively harder dungeons.
All heroes have a unique set of properties influencing their strengths and weaknesses. For instance, heroes can belong to three different factions, which influences monsters’ weaknesses and strengths when fighting them. The different classes a hero can belong to determine which equipment they can use. Elements and rarities are additional factors influencing the relative power level of heroes, with abilities and ascension levels impacting a hero’s development and synergy with the team. In addition, players can level up their guild of heroes with pets and equipment.
Players can earn rewards by crafting materials to create NFT items. They can earn materials by completing dungeons, although certain materials are unique as drops to heroes. Players can also create new heroes by merging multiple old ones into a new and rarer one, thereby playing their way up to the rarest levels. Moreover, the game distributes rewards on a daily basis to active players that complete quests and other game activities.
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How Many Guild of Guardians (GOG) Coins Are There in Circulation?
GOG, the in-game currency of Guild of Guardians, is called Gems. GOG is used for three purposes:
- To align the incentives of players, developers, and content creators.
- To pay for in-game purchases and rewards. 20% of the cost of any NFT asset players buy from the game and 20% of all trading fees from the secondary market have to be paid for in gems.
- Players can earn gems from staking and use them to participate in governance and voting.
The total supply of GOG is one billion, according to the following token distribution:
- 35% – player rewards: released on a daily basis over 48 months according to play time, character progression, completion of daily quests.
- 28% – community rewards: available immediately for liquidity mining, referrals, community participation and content creation, third party development, partners and advisors.
- 20% – developers: unlocked over 48 months, 12-months cliff.
- 6% – Guardian Guild Limited: 50% in treasury, available immediately, 50% unlocked over 48 months, 12-months cliff.
- 6% – public sale.
- 5% – private sale: unlocked over 30 months, 12-months cliff.
How Is the Guild of Guardians Network Secured?
Guild of Guardians is built on Immutable X, a layer-two scaling solution for NFTs on Ethereum. Immutable X uses zk-rollups to achieve a much higher transaction speed than Ethereum (9,000 tps) at zero gas fees while not compromising security. In doing so, it aims to become the go-to blockchain for NFT-based games.
Ethereum is one of the most popular blockchains and the go-to solution for many decentralized applications. Its proof-of-work consensus mechanism requires miners to mine new Ether and ensures that Ethereum is one of the safest blockchains in the crypto industry. A set of decentralized nodes validates transactions and secures the Ethereum blockchain.
When Will Guild of Guardians (GOG) Trading Begin?
The Guild of Guardians ICO on Coinlist ended on Nov. 11,2021. 40 million GOG was sold at a price of $0.1.