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GameCredits (GAME) is a digital currency designed to facilitate in-game payments. Based on blockchain technology, GameCredits aims to allow gamers and developers to buy and sell games and in-game items quickly, securely and privately.
If you want to buy and sell GAME as a cryptocurrency, read on to find out how.
GameCredits is available on several popular cryptocurrency exchanges, such as:
Here’s a step-by-step explanation of one way you can buy GAME in Australia:
Local cryptocurrency exchange CoinSpot allows you to buy GAME with Australian dollars (AUD). You can sign up for an account by entering your email address and creating a password, but you’ll also need to provide your full name, contact information and proof of ID before you can deposit Australian dollars.
Don’t forget to also set up two-factor authentication to provide an extra level of security for your trading funds.
From the CoinSpot account dashboard, click the “Deposit AUD” link. You can then enter the amount of AUD you want to deposit and confirm the transaction, or you can deposit cash at a newsagency via Blueshyft.
At this stage of the process, it’s important to point out that many cryptocurrency exchanges don’t facilitate the exchange of fiat currency (such as your AUD) for cryptocurrency. If that’s the case on your chosen exchange, you’ll first need to acquire a cryptocurrency that’s available in a pairing with GAME, such as Ethereum (ETH) or bitcoin (BTC), and then exchange it for GameCredits.
Click on the “Buy/Sell” link at the top of the CoinSpot dashboard screen and search for “GAME”. Click on “Buy GAME” and then type in either the amount of AUD you want to spend or the amount of GAME you want to buy. You can then review the details and total cost of your transaction and, if everything is okay, click through to confirm the purchase.
The process for selling GAME is more or less the same as the buying process detailed in Step 3 above. Of course, you’ll obviously need to follow the prompts to “Sell GAME” rather than buy, while it’s also important to remember that it may not be possible to directly exchange your GAME for the currency you want.
If you’re looking for a safe place to store your GameCredits, the official web wallet is available on the GameCredits site. You can also download a wallet for Windows, Mac and Linux operating systems.
The digital video games industry attracts more than US$100 billion in revenue each year and is predicted to earn US$132 billion in total annual revenues by 2021.
GameCredits is a universal in-game token developed using blockchain technology. Established in 2016, it provides developers with a free, plug and play in-game monetisation platform.
Why would someone use GameCredits to make in-game purchases? The company claims it offers the following benefits:
GameCredits also offers a number of other products and platforms, including:
If you’re thinking of buying GAME or any other cryptocurrency, it’s essential that you’re fully aware of all the risks involved. Holding cryptocurrency is complicated and speculative, so make sure you consider the following factors before deciding whether or not to buy GAME:
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