Aavegotchis are playable items that also serve as DeFi network collateral. Unlike other NFTs, they offer inherent benefits in the sector that outweigh the potential for gaming.
To connect with a Gotchi, DeFi users must stake a select collection of tokens known as aTokens into a Gotchi, such as LINK (aLINK) and USDC (aUSDC).
What Is Aavegotchi (GHST)?
Aavegotchi (GHST) is a non-fungible token (NFT) based on the Aave protocol that focuses on DeFi. Aavegotchis, to put it simply, are game avatars that can be used as DeFi collateral to gain staking incentives.
The coins, like CryptoKitties, have distinguishing characteristics such as body colour and personality. The tokens can be liquidated at any time because they are a staked asset. Unfortunately, liquidating your NFTs will result in the loss of your Gotchi.
Because they follow Aave, which means “ghost” in Finnish, the characters have a pixelated ghost appearance. The token ticker also spells out “ghost,” minus the vowel, in a novel way.
Aave invested in Pixelcraft Studios in November 2020, adding raffles to its protocol. The project’s mainnet launch was originally set for January 4, 2021, however it was postponed due to high transaction costs on the Ethereum blockchain, where it operates as a side chain.
A Step-by-Step Guide to Purchasing Aavegotchi (GHST) Quickly
Step 1: Create An Account
To buy Aavegotchi coins, you have to choose an exchange that is trustworthy and reliable. Then create an account on that exchange. We would recommend Binance or Coinbase crypto exchange platforms on which you can exchange your favorite cryptocurrencies. On the signup page, fill in all your personal information and secure your account with a password.
Step 2. Deposit Money
After creating an account, you have to fund it. You can choose any payment method such as credit/debit card, Paypal, bank transfer, etc. We would prefer that you start with a little initial investment.
Step 3: Purchase Aavegotchi
When you successfully fund your account with money, you have to buy Bitcoin with fiat money. Then you can convert your BTC to Aavegotchi cryptocurrency. Then, purchase a wallet and store your Aavegotchi coins in your wallet to secure them and trade them whenever you need them.
How To Purchase Aavegotchi (GHST) Using A Variety Of Methods?
Purchasing Aavegotchi is fairly simple these days. You may pay with cash, a credit card, or even PayPal if you choose. However, you must still take a few steps to complete it – which is why we created this simple guide for you! It is divided into sections; simply follow the one that corresponds to your mode of purchasing.
How to Buy Aavegotchi (GHST) Using a Credit Card or Debit Card?
Your initial step will always be to purchase Bitcoins or Ethereum using a credit card. After that, they can be converted to Aavegotchi .
Take the following steps:
- Purchase Bitcoin or Ethereum from a reputable exchange.
- Transfer Bitcoin or Ethereum to a cryptocurrency exchange that accepts Aavegotchi .
- Finally, convert your Bitcoin or Ethereum into Aavegotchi .
How To Buy Aavegotchi (GHST) Using PayPal?
You can also choose the Paypal Method to purchase Aavegotchi coins. Millions of people trade cryptocurrencies and altcoins with Paypal. But, there is no method to buy Aavegotchi directly with fiat money. You have to make a purchase of Bitcoin or Ethereum from any exchange of your choice. Then, you can transfer your BITcoins to Aavegotchi.
How To Buy Aavegotchi (GHST) Using eWallets (Skrill, Neteller)
Just like any other method, you can choose eWallets method (Skrill, Neteller) to acquire altcoin such as Aavegotchi. Skrill is a worldwide payment system that allows users to immediately deposit or transfer payments. Skrill serves over 200 nations around the world and allows users to transfer money in over 40 currencies, making it one of the simplest methods to purchase bitcoin (BTC) globally.
How To Buy Aavegotchi (GHST) Using a Bank Wire
The cheapest way to purchase Aavegotchi is through a bank transfer method. Millions of people feel comfortable buying cryptocurrencies using the bank transfer method. The transaction fee is very low that everyone can afford. However, it might be time-consuming. If we compare the bank transfer method with other methods, then we would come to know that buying with a credit/debit card is the quickest option but it will be an expensive method.
How to Buy Aavegotchi (GHST) Using Payoneer?
On your Payoneer account, select Buy Bitcoin from the drop-down option to purchase Aavegotchi . Choose Payoneer as your payment method, enter the number of bitcoins you want to buy, choose your desired currency, and then click Find offers. Examine the many Bitcoin providers and select the one that offers you the best price. After that, you may exchange your Bitcoins BTC for Aavegotchi.
How many Aavegotchi are there in circulation?
The token, interestingly, does not have a maximum supply. The total supply of GHST tokens is 22,854,372. To accommodate the continuous GHST distribution, the platform employs a bonding curve.
Where Can You Buy Aavegotchi (GHST)?
On major cryptocurrency exchanges, the protocol’s native token is listed. On exchanges including Binance, OKEx, MXC, Bilaxy, and Uniswap, GHST is matched with a variety of coins.