Table of Contents
1. Choose a crypto exchange
First things first, you need an exchange that both has Golem, and is trustworthy!
You can find our top 3 exchanges for buying Golem here, alternatively you can also check our comparison of the best crypto exchanges in Australia if you’re generally interested in seeing which exchanges work for Australians.
2. Sign up with the crypto exchange
Once you’ve chosen your crypto exchange, it’s just a matter of signing up and getting your account verified. Most exchanges have streamlined this process very well so it shouldn’t take long.
3. Fund your account
The next step is to transfer AUD or another cryptocurrency into your account. Most top crypto exchanges offer various payment methods. From bank transfer to PayID, POLi pay and credit cards, it’s very straightforward.
4. Buy Golem
And of course, the final step is to find Golem on the exchange and buy it. A lot of exchanges offer different ways of buying cryptocurrencies, like market orders and limit orders.
Where to Buy Golem (GLM)
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How to Sell Golem
- Sign into the exchange
- Find where you stored your Golem, either on a hardware wallet or on the exchange.
- Transfer your Golem to the right place on the exchange, it could just be the same wallet or a dedicated trading account.
- Sell Golem.
Considerations when looking to buy Golem.
The Golem Project, which was led by Golem Factory, was announced on April 28th 2016. On April 10, 2018, the network was launched on mainnet. The Golem network is a distributed computation network that distributes redundant computing power to users who need it. It was launched on mainnet on April 10, 2018. It is a peer to peer network that allows users to trade and buy computation on an equal basis. This helps break down complex tasks into smaller subtasks. Golem has no central authority, and no one is more important than the other.
GNT, or Golem Net Token, is required to pay for computations on our network. It is also the currency that drives our marketplace. You set a bid to receive your task done. You earn GNT as a Provider by performing computing tasks for Requestors. In your settings, you can define your minimum and maximum price thresholds.
These tools are called the Golem Tools:
- Golem SDKs, which include tutorials for Providers and Requestors
- Execution Environments (eg. Execution Environments (eg.
- Awesome Golem is a community-curated collection of resources, links and projects on Golem.
In 2016, Julian Zawistowski and Pitr Janiuk founded Golem Factory in Switzerland.
DevCon 0 was the first time that the idea for Golem Network were presented. It was held in November 2014. This decentralized platform is designed to be the first environment that allows computer-intensive projects worldwide to operate without the need for proxy or censorship. This concept was introduced at DevCon 0. The team then worked tirelessly to develop the Golem Network. A public crowdfunding event was launched on November 11, 2016.
Based on their collective learnings in 2019, the team realized they needed a new architecture to create a better platform for distributed general computing. The team came up with a better architecture and a new approach to building that will allow users to create on top of Golem.
The Golem Network team was tasked with creating a new protocol, architecture, and codebase over the course of 2020.