What is GALA?
Gala games is a play-to-earn gaming platform based on blockchain. It integrates NFTs (Non-fungible tokens) into its blockchain ecosystem. The platform has over 1.3 million active users and hosts ten games, with a lot more in development. Gala’s goal is to “create blockchain games you’ll actually want to play.” The platform allows its users to earn GALA tokens for achieving their in-game milestones and provides them true ownership of whatever they earn in the game.
All items and inherited status serve as verifiable assets on the blockchain. These items and assets earned and bought in-game are NFTs that can be sold, traded, or given away to any user at a given time without the need for a central platform. Since its inception in 2019, more than 26,000 NFTs have been sold, the most expensive NFT valued at $3 million. Gala Games, thus, offers an entirely new gaming experience and a whole new stream of income to the developers.
GALA is an Ethereum and Binance Smart Chain-based native cryptocurrency of Gala Games. GALA coins are used as a medium of exchange amongst the platform’s users. These help control the network and are used as incentives for node operators. These coins also serve as prizes for players who participate in the games hosted by the platform. Players can use the GALA tokens to purchase uniquely assignable products on their marketplace, and they can use these products to improve their in-game performance. The total supply of GALA coins is 35 billion tokens, and there are 7 billion GALA in circulation as of now.
Why buy GALA?
The metaverse will form a major part of the web experience of everyone all over the world. Gala stands out amongst the various available crypto projects as it offers its users an entry into NFTs and a play-to-earn metaverse gaming experience. The price of Gala hiked more than 10,000% and has provided a potential entry point for the proven multipurpose project.
On the Gala platform, gamers can not only own NFTs and valuable tokens but also have the freedom to voice their opinions on what kind of games they would like to see on the Gala platform in the future. This crowd-focused game construction and the added perk of earning digital assets gives the platform’s playing ecosphere high user retention.
How to Buy GALA Coins in India?
If you are wondering how to buy GALA coin in India, then WazirX can be your best choice. You can buy GALA coin in India via WazirX, India’s most trusted cryptocurrency exchange, by following the few simple steps listed below:
#1 Sign Up on WazirX
To begin with, create an account on WazirX by clicking here.
#2 Fill in the Required Details
Put in your email address and choose a secure password.
#3 Email Verification and Account Security Setup
Next, verify the email address by clicking on the verification link you received in your inbox. Following that, you have two options to ensure the security of your account – the authenticator app and mobile SMS.
Remember that the authenticator app is more secure than mobile SMS because there is a risk of delayed reception or SIM card hacking.
#4 Choose Your Country and Complete KYC
After selecting your country, complete the KYC process. Without completing your KYC verification, you can not trade peer-to-peer or withdraw funds on the WazirX app.
To complete your KYC, you need to submit the following details:
- Your full name as it appears on your Aadhaar or any other ID proof
- Your birth date as stated on your Aadhaar or any other ID proof
- Your address as it appears on your Aadhaar or any other ID proof
- A scanned copy of the documents
- A selfie of yours to finish the procedure
And you are done creating your account! Within 24 to 48 hours, the account is usually validated.
Buy GALA on WazirX via P2P
To buy USDT, you can use the WazirX P2P route. This is fast, secure, and free. Follow these simple steps to buy USDT and then your GALA crypto:
- Log in to your WazirX account on the web/mobile app and select “P2P” from the “exchange” option.
- Next, click on the ‘Convert INR into USDT’ option.
- Add the INR price at which you want to purchase USDT. Next, add the number of USDT tokens you want to purchase and click on “BUY”. Here, the minimum purchase should be 14.5 USDT.
Once you click on the buy button, WazirX will match you with sellers. However, if you wish to purchase the USDT from a specific seller, you can add the XID of that person and complete the transaction.
- You need to select a preferred mode of payment next. UPI and IMPS modes are the two options available. Please note that IMPS linking is mandatory on the WazirX platform; however, UPI linking is optional.
- Once you confirm and click on the message “YES, I WILL PAY’, you will get 60 additional minutes to complete your payment. In case of non-payment, once confirmed, a minimum penalty of 10 USDT or 1.2% of trade will be levied. False confirmations can also cause your account to get locked.
- Complete the payment as per the payment details on the screen (seller’s bank/UPI details). Once the payment is complete, upload the payment proof and click on the checkbox “I HAVE PAID”.
Once the seller confirms the receipt of payment, your order will be marked complete, and the USDT purchased will be reflected in your “funds”.
- Now you can use this newly acquired USDT balance to purchase GALA crypto on WazirX. Go to the “exchange” option on the web/mobile app and select GALA crypto from the list of the tokens available in the USDT market. All price charts, order book data, and an order input form are visible on the right side of the screen.
Fill out the buy order form and click on buy GALA. Wait for some time. It will only be a short while before your order is executed. Once it’s done, you will receive the GALA coins you purchased in your WazirX wallet.
Learn how to buy crypto safely and securely via WazirX P2P:
What is the future of GALA?
The Gala coin price prediction indicates that its market environment has been in a bullish cycle for the past 12 months. Gala coin price prediction indicates a positive trend. The steadily increasing trend predicts the price of GALA to reach as high as $0.372 by the end of 2022, which means the gala crypto price in India will be around 29 INR. The market growth rate is expected to rise as high as 200% by mid-2023.
The currency is expected to soar to a dollar’s worth by the end of the year 2025. The trend shows a steady increase, making it an excellent investment option.
If you want to compare other cryptocurrencies’ trends and make an informed decision, head over to India’s premier crypto trading platform, WazirX.Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.