Gnosis (GNO) Coin is now available on INDODAX
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Gnosis (GNO) Coin is Now Available on Indodax

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Gnosis (GNO) Coin is Now Available on Indodax

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This week is the first week in October 2023 where there is interesting news for loyal Indodax traders because the newest crypto asset will soon be available, namely the

You need to know that the Gnosis Network (GNO) is a DeFi infrastructure center that is building a new market mechanism for decentralized finance.
Interested in finding out more? Check out all the interesting information about the latest crypto assets below!

Gnosis (GNO) Coin

Data and Information

Gnosis is a DeFi infrastructure hub building new market mechanisms for decentralized finance. Gnosis builds interoperable products to facilitate trading, creation, and storage of digital assets on Ethereum. The three main products are:

  • Gnosis Conditional Token Framework: a prediction market based on conditional tokens that enables deeper combinatorial, i.e., complex markets.
  • Gnosis Protocol: a completely permissionless DEX that allows ‘ring’ trading to maximize liquidity. A ‘ring’ trade is a trade that shares liquidity across all orders. In simple terms, ‘ring’ trading is the equivalent of three-way trading in professional sports.
  • Gnosis Safe: smart contracts for managing digital assets on Ethereum

Gnosis was initially developed simply to be a prediction market, but the team soon realized they had to build the necessary infrastructure to get started. From that encouragement, the Gnosis Protocol and Gnosis Safe evolved. Another Gnosis product is Gnosis Chain, previously known as xDai Chain. This blockchain is a layer-two solution for Ethereum that is used as the execution layer for various protocols, such as the Perpetual Protocol. Gnosis Chain has no gas fees, which makes it an attractive solution for high-frequency order protocols such as futures exchanges. Another product launched alongside Gnosis is a DEX aggregator known as Cowswap.

Founder of Gnosis (GNO)

Gnosis was launched in 2015 by Martin Köppelmann, a German systems engineer, in collaboration with CTO Stefan George. The “official” company, Gnosis Limited, was finally founded in 2017. After becoming interested in the crypto asset world with the launch of Bitcoin, Köppelmann had a vision to build a prediction market on Ethereum. The company has grown to 35 employees and is developing several Ethereum-based products.

Gnosis (GNO) Coin Crypto Asset Rating

The Gnosis coin crypto asset ranking according to the CoinMarketCap website is currently #425 with a market cap of IDR 4,011,264,388,173. There is a circulating supply of 2,589,588 GNO coins and a maximum supply of 3,000,000 GNO coins.
How to Buy Gnosis (GNO) Coin Crypto Assets on INDODAX

For those of you who want to buy the Gnosis (GNO) crypto asset, you can buy it on INDODAX starting October 5, 2023, at 14:00 WIB. Here’s how to buy it:

  • For those of you who are not yet members, you can register directly at INDODAX.
  • After successfully registering, you can log in to your Indodax account, and if you are confused, you can read how to make a deposit here.
  • After your deposit and balance are entered, you can return to the INDODAX crypto market page.
  • Search for Gnosis (GNO to IDR) on the IDR market, then click it.
  • After entering, all you have to do is buy by filling in the balance and the price at which you want to buy Gnosis. You can also buy it instantly or directly at the current price.
  • After that, you need to wait for the price to increase for some time.
    After the price increases, you can sell at a higher price with the instant method.
  • If you sell with the limit method, you can place an order after buying. Make sure you enter a higher number when selling.

That’s important information regarding the Gnosis coin crypto asset, which is present at INDODAX.

Apart from that, you need to know that INDODAX also offers the latest features, such as INDODAX Earn, which allows you to lock crypto assets and get rewards in the form of interest. Come on, invest now.

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