Moonbeam is a blockchain that functions as a Polkadot parachain, offering EVM compatibility and being substrate-based. Glimmer (GLMR) serves as the network’s governance and service token, allowing users to engage in governance, pay transaction fees, earn rewards through liquidity provision, and stake.
What is Glimmer (GLMR)?
GLMR Coin Overview
How to Purchase Glimmer Coin?
What is Glimmer (GLMR)?
In order to grasp the essence of the Glimmer (GLMR) token, it is beneficial to delve into the world of Moonbeam first. Access NEWSLINKER for the latest tech updates.
Moonbeam stands as an Ethereum-compatible smart contract parachain within the Polkadot ecosystem. It simplifies the utilization of popular Ethereum developer tools to build or redeploy Solidity projects in a Substrate-based environment.
Moonbeam goes beyond being a mere EVM implementation, offering a specialized parachain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more. The platform enhances the Ethereum feature set with on-chain governance, staking capabilities, and cross-chain integrations.
Key highlights of Moonbeam’s Ethereum compatibility include:
– Minimal Changes: Seamless usage of existing Solidity smart contracts without the need for rewriting or reconfiguring.
– Utilization of Existing Developer Tools: Integration with popular tools like MetaMask, Hardhat, Waffle, Remix, and Truffle via a comprehensive Web3 RPC set. Additionally, renowned JavaScript libraries such as Web3.Js or Ethers.Js can be employed.
– Unified Accounts, Addresses, and Signatures: Interaction with Moonbeam using existing Ethereum H160 accounts and ECDSA signatures.
– Access to Most Integrations on Polkadot: Leveraging existing oracles, bridges, wallets, and other tools already present on Moonbeam.
The brainchild behind the Moonbeam Network is Derek Yoo, CEO of PureStake, a platform delivering secure and reliable public blockchain infrastructure for blockchain application developers, projects, and businesses. Stefan Mehlhorn, a seasoned expert in early-stage company management and operations, assumes the role of Chief Operating Officer for both Moonbeam and PureStake.
Glimmer coin emerges as the governance token within the Moonbeam ecosystem, granting users a voice in various project decisions through the GLMR token.
GLMR Coin Overview
Following its listing on Binance, GLMR coin attracted considerable interest as a governance token backed by a robust project. Insights into GLMR coin can be gleaned by examining current pricing trends.
How to Purchase Glimmer Coin?
GLMR Coin can be swiftly and securely acquired through Binance, the world’s leading cryptocurrency trading platform by trading volume.
To purchase GLMR Coin, prospective buyers must first register with Binance and deposit fiat currency. Once fiat currency like US Dollars is deposited, GLMR can be purchased by acquiring BUSD, Bitcoin (BTC), Binance Coin (BNB), or Tether (USDT), against which GLMR is traded.
Furthermore, users can place buy orders below the market value on Binance and finalize their purchases at their preferred price. This can be accomplished by using the Limit tab, specifying the desired amount to purchase and the price willing to be paid.
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Disclaimer:
The information presented in this article does not constitute investment advice. Investors should acknowledge the high volatility and associated risks of cryptocurrencies, conducting thorough research before making investment decisions.