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How to buy Gala with Bank Transfer
Why investors buy Gala with Bank Transfer
SEPA or Single Euro Payments Area is a bank transfer payment system created by the European Union. It is a system that allows cross-border payments in Euros within the Euro-zone. European Union and neighboring country residents frequently use SEPA to send and receive payments using the funds in their bank accounts. A trustworthy framework for quick and affordable money transfers is provided by this network. A business must adhere to stringent guidelines and meet the highest security standards in order to offer SEPA wire transfers. Using SEPA bank transfers, you can buy cryptocurrency at our exchange and deposit and withdraw EUR easily. Offering payment options via bank transfer or SEPA would have the following main benefits:
- Instant payments are one option provided by the SEPA payment system. Weekends and holidays are not excluded from the SEPA Instant transfer schedule.
- High security because every transfer has to be cleared by several banks on its way to the exchange.
- No deposit fees, high buying limits
Is Gala a good investment?
Gala Games is an emerging blockchain-based gaming platform that offers decentralized gaming solutions and monetization. This platform aims to lead the path of the gaming industry in a different direction. The goal of the Gala project is to remove the obstacles that players face in connection with the blockchain gaming platforms. Gala Games is one of the game ecosystems where you can earn money by playing games. Currently, this ecosystem hosts the largest network of gaming nodes in the world. The platform offers a network of player-owned blockchain games with a focus on community participation and decentralization. Gala (GALA) is a native token of the Gala Games platform and a token with the ERC-20 standard. Gala is recognized as the main digital asset and the most secure payment method in the Gala Games ecosystem. This token is used to purchase in-game items and payments, peer-to-peer payments, reward Gala node performers, etc.
Who can buy Gala with Bank Transfer
Citizens living in a Eurozone location are able to open a bank account and use SEPA. If you are based in a non-Eurozone country, you can easily check which banks offer SEPA if you want to make this type of transfer. You can purchase any kind of cryptocurrency directly into your personal wallet without making any initial deposits by using our exchange to perform a straightforward SEPA transfer with your bank account.
What is Gala ?
GALA is the crypto symbol for the utility token used in the Gala Games, a blockchain ecosystem. GALA is recognized as the main digital asset and the most secure payment method in the Gala Games platform. By entering the GALA symbol in any exchange's cryptocurrency search field, you can quickly look up this cryptocurrency.
What is Gala
Gaming for money and games based on blockchain where the assets are owned by the users is not a new topic in the digital currency industry. Gala Games has advantages that help it shine in this space; A space that is getting more crowded day by day. These advantages include: moving to Binance and reducing transaction fees, having a wide range of games in different genres, internal store for buying and selling in-game items and characters, strong connection with the community so that the implementation of nodes and decisions related to the development and selection of games with Community participation is done, large community of millions and having a large number of active users compared to other P2E games.
GALA currency was priced at $0.0009 at launch. After a period of two months when the price of Gala digital currency was almost constant, its growing trend started. So that in April 2021 it reached the price of $0.022. After that, it started a downward trend again and reached about $0.007 in July 2021. Once again, the long-term upward trend of this digital currency experienced a good price growth at the same time as it was listed on famous exchanges such as Binance, reaching a historic high of $0.84 on November 26, 2021. Even though the crypto market is currently experiencing slumps, in terms of price, GALA has an outstanding potential to reach new heights. The crypto market experts predict that GALA might reach the price of about $0.9 in the year 2030. Note that this is not a buying signal. We recommend you to analyze the market closely and consult with professionals before investing in any cryptocurrency including GALA.
How to buy Gala with Bank Transfer instantly?
SEPA is a way to make European cross-border payments simpler, cheaper, and faster. It is one of the most cost-effective and convenient ways to transfer money within the EEA. As the ease of use and clear navigation that come with using SEPA/bank transfer as the initial payment method may appeal to users, buying cryptocurrency with SEPA is likely the best option to purchase crypto assets in Europe instantly.
Where can I buy Gala online with a Bank Transfer?
If you prefer simple and secure crypto trading, SEPA/bank transfer would be your ideal method. Our exchange offers SEPA/bank transfer as a payment solution to give its users more options to buy cryptocurrencies easily. You must first log into your account on Blocktrade.com in order to use SEPA/bank transfer payment on our exchange. Then, after entering the number of cryptocurrencies you need to buy and choosing to charge up your account balance using SEPA/bank transfer, finish your cryptocurrency purchase.
Is Gala Reliable?
The Gala Games platform was first created on the Ethereum network, and sometime later it was transferred to Binance Smart Chain. To maintain blockchain security and achieve network consensus, Binance Smart Chain combines delegated PoS (Proof-of-Stake) and PoA (Proof-of-Authority), the best way to secure the platform. The network of Gala nodes is based on the triple consensus mechanism, which includes Proof of Work, Proof of Stake, and Proof of Storage algorithms. It should be mentioned that the computing power of the system and its security are provided by these algorithms.
In addition, the Gala network gets its security from the founder's set of nodes. Gala Games nodes secure the network, verify transactions and multiply Gala assets. The node infrastructure in this network does not work based on the traditional model of digital currency mining; Rather, it rewards performers based on a sort of scoring system. One of the main components of Gala's strategy is to build a customized and exclusive blockchain called Gala Chain. This proprietary blockchain is in the later stages of development and will be the fourth generation of blockchains. The purpose of this network is to get rid of the congestion experienced in the Ethereum network. According to the creators, this custom blockchain will be ready for use soon and can add even more security to their games and users' funds.
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Frequently asked questions
The Gala Games network is designed to support the newest and most comprehensive Metaverse environments. It seeks to provide more fun games with blockchain technology. This means that you can play games to earn money. Allowing users to convert and trade their digital assets in and out of the gaming ecosystem is also another valuable feature of the platform. The major advantage of Gala is that it can incorporate a real economy into its games and developers can create items with real money value in multiple games using this technology. Nowadays platforms such as Gala have some big money-making games. In addition, Gala currencies can be sold on the open market.
Some of the greatest advantages of this payment method include: Simplified payments handling, Reduced processing costs, Reduced bank charges, Quick payments, and Easier cross-border transfers.
Eric Schiermeyer founded Gala Games. In addition, he is the co-founder of the popular mobile game company Zynga. Under Schiermeyer’s management, Zynga launched popular games such as Poker, Mafia Wars, and Farmville. With a reputation in the gaming industry, Schiermeyer launched Gala Games in July 2019 to create a blockchain-based gaming network and give players more ownership over their games. It should be mentioned that Gala Games consists of a team of around 60 people.
There are no fees associated with this method initially. But note that SEPA trades crypto by Euro fiat currency, so if you insist on trading with other currencies using this method might require extra fees. Also, there are zero exchange fees for your crypto-trading through our exchange.
With the help of a GALA wallet. The wallet lets you see your balance, initiate transactions, and connect to other applications. The wallet is just a tool to manage all the various aspects of your account. To access your GALA wallet, you will need to know the private key that you get when you set up the wallet. If you are using a third-party wallet provider, then they manage the private key for you and provide security measures to keep those funds safe. Some of the safety features of your GALA wallet include: Two-factor authentication (2FA), The ability to lock and unlock withdrawals at will, multi-chain support and Customer support. You can also keep your GALA in your wallet on our exchange service. This can make trading simpler if you're making short-term investments. Even though this wallet allows you to store your cryptocurrency, it is best to avoid using either the exchange wallet or the GALA wallet if you intend to hold GALA for a long time. A hardware wallet is the option that is the safest.
SEPA compatible areas consist of EEA (European Economic Area) countries, the United Kingdom, Switzerland, Andorra, Gibraltar, San Marino, and Vatican City.