The popularity of the Loot NFT Project has recently increased the demand for Adventure Gold (AGLD). Due to the popularity of Adventure Gold, many users have started asking questions like “how to buy Adventure Gold (ADLG)” and “where to buy AGLD.”
If you want to obtain AGLD for Loot but don’t know where to start, you should read this article from start to finish. We will cover the fundamentals of buying AGLD as well as key topics related to Adventure Gold.
Adventure Gold (AGLD) Buying Guide
Step 1: Find An Exchange That Supports AGLD
To start buying AGLD, you must create an account in a compatible crypto exchange. Finding this exchange is easy because there are numerous active marketplaces that support AGLD.
Cryptocurrency platforms may be similar in purposes but different in operation. Some crypto exchanges have seamless functionality while others have premium security with reasonable transaction fees.
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Registering to a crypto exchange will take only a few minutes. To start, you must enter your basic personal details like full name, email address, and password. The crypto exchange may also require you to add a home address and a phone number for verification.
You probably need to fill up a KYC (Know Your Customer) form before proceeding with any transaction. The KYC process is a security option implemented by heavily regulated exchanges and financial websites.
Step 2: Deposit Funds to Your Exchange Account
Before buying a FRONT token, you must add funds to your new crypto account. Depositing funds is easy because most exchanges allow crypto-to-fiat transactions. Some of the popular examples of fiat currency are USD, CAD, AUD, and EUR. You can fund your account through debit cards, credit cards, bank transfers, and e-wallet transfers.
Crypto exchanges have different payment methods for transactions. These methods probably have higher fees than the ones you’re commonly using. So, before depositing funds to your crypto account, you should do your own research.
Step 3: How to Buy AGLD Officially?
Learning how to buy AGLD is not difficult. First, you must go to a crypto exchange’s search bar. Oftentimes, the search bar is located on top of the website page. Once you’ve located the search bar, start looking for the AGLD ticker. You can also look directly for AGLD trading pairs to save time. Afterwards, just enter the amount of the AGLD tokens that you want to buy.
You must always double-check the transaction details to avoid errors or inconsistencies. Additionally, before the transaction, crypto exchanges might refer you to their exclusive wallet software. This wallet is essential for storing your cryptocurrencies, but it is optional since you can always create an individual software wallet. If you have money to spare, you can even purchase a hardware wallet with competitive security encryption.
Everything You Have to Know About Adventure Gold (AGLD)
Adventure Gold (AGLD), like its namesake, is a currency meant to fund different types of adventures. In technical terms, AGLD is the native ERC-20 token of the Loot NFT Project.
Loot is a large collection project that consists of 8,000 NFTs (loot bags) based on the concept of RPG adventuring. The NFT adventure gear pieces are text-based and have no functionalities or mechanical purposes. Rather, the loot bags are like small pieces of a bigger narrative available for creative interpretation. Each loot bag contains different items like weapons, equipment, accessories, and adventuring supplies.
Adventure Gold (AGLD) is essential for many projects within the Loot NFT community. Governance is the main purpose of AGLD, but this is just the technical aspect. Aside from voting, AGLD holders can use their memberships to determine the flow of the adventure’s story. The experience is like participating on a giant book-reading session in the digital world!
How Does AGLD Work?
AGLD works in a simple manner. It is a type of cryptocurrency used for community governance and Loot Project rewards. By obtaining and using AGLDs, you can vote on Loot’s most interesting projects and activities. More importantly, you can also use AGLDs for services and other privileges within the Loot community.
What Makes Adventure Gold (AGLD) Unique?
Adventure Gold is unique because of its direct link to the Loot Project. Loot, by itself, is unique already due to its text-based adventure storytelling empowered by the act of collecting NFTs. You can consider AGLD as a ‘unit of wealth’ in a world filled with open-ended adventures, stories, and limitless creativity.
Who Are the Founders of Adventure Gold?
The Founder of Adventure Gold is Will Papper. Aside from being the brain behind Adventure Gold, Papper is also the co-founder of the Syndicate DAO. Will Papper has no official development team, but his dedication and skills led to the explosive growth of the Adventure Gold token.
What Are the Use Cases of Adventure Gold?
Adventure Gold (AGLD) has few use cases right now, but it is quickly growing due to the Loot community’s exciting and creative projects.
Here are the use cases of Adventure Gold:
- Community governance
- Rewards and NFT purchases
- Smart contract usage within Loot
Who Builds on Adventure Gold (AGLD)?
Even though Adventure Gold (AGLD) seems like a niche token, it can be an asset for a crypto trader who wants to grow his portfolio over time. Project builders in the RPG sector can also use AGLD to branch out to the Loot Project.
Official website: https://www.lootproject.com/
Essential Points of the Adventure Gold (AGLD) Whitepaper
Currently, Adventure Gold (AGLD) doesn’t have an official Whitepaper. However, the token still has numerous strong points that need to be examined by any crypto user or investor.
Here are the strong points of Adventure Gold:
- Decentralized rewarding system within Loot Project
- Trading mechanism
- Community governance
The Best Cryptocurrency Wallet for AGLD
After knowing how to buy AGLD, you should think about the security of your cryptos next. Fortunately, you can always choose from dozens of available crypto wallets. You should pick a crypto wallet based on your trading habits and security preferences.
You will likely begin your crypto journey with hot storage wallets. These digital wallets are connected online, allowing easy access whenever you want. Hot storage wallets are also cheaper than cold storage wallets. However, one downside of a hot wallet is its vulnerability to online theft. You may need to use additional security measures to keep your hot storage wallet safe.
On the other hand, cold storage wallets are physical hardware wallets. Since cold wallets are tangible, their security level is better than digital wallets. You can put a physical storage wallet in a separate deposit box for premium protection.
What Factors Affect My Choice of Crypto Wallet for AGLD?
At first, you might get confused with the diverse choices of crypto wallets in the market today. Knowing the common buying factors for crypto wallets will help you make the right decision.
Check out the important factors affecting your choice of AGLD wallet:
- Are you a regular trader? If so, then a hot storage wallet is the best choice for you. A hot wallet allows a quick and easy log-in method to your chosen platform. In less than a minute, the integrated hot wallet will let you trade AGLD right away.
- Not all wallets support a wide range of cryptocurrencies. The best crypto wallets are those that will let you trade hundreds of cryptocurrencies without limitations.
- When it comes to security, a physical cold storage wallet is better than a hot wallet. You can simply store your cold wallet in a private safe deposit at home or the bank. Just make sure that your private seed phrase is safe and secured.
- Setting up a digital wallet is free. On the other hand, getting a cold storage wallet requires money because you need to buy the physical hardware.
- Do you want to see detailed technical analytics? In that case, you can never go wrong with hot wallets. In most cases, hot wallets generate technical analytics and semi-accurate market insights to help you make a trading decision. Cold wallets also have analytics capabilities that you can tweak freely.
Ledger vs. Trezor – The Best Crypto Wallet for Traders and Investors
Now that you already know how to buy AGLD, you must protect your investment by choosing a cold storage wallet. As mentioned above, cold wallets offer better security levels than hot wallets.
When it comes to cold storage wallets, it’s best to start with Ledger or Trezor products.
Ledger is a popular cold wallet brand because of its reliable security features. The Ledger interface, for example, will only let you send cryptos if you’re connected to a personal computer or device.
If Ledger excels in security functions, Trezor wins in terms of intuitiveness and compatibility. Trezor’s interface is beginner-friendly, allowing fast and efficient trades once the device is ready. Trezor products are also compact and appealing to the eyes.
General Market Overview for Adventure Gold (AGLD)
Do you want to learn more about Adventure Gold (AGLD) and other crypto coins? Check out our crypto blog and expand your knowledge about cryptocurrencies!
Additionally, here are some important topics in our blog:
- Trading speculation about Adventure Gold (AGLD)
- The current market prices of cryptos
- Detailed price charts with comprehensive histories
- Whitepaper summaries of cryptos
- Founder profiles and their related works
- Up-to-date cryptocurrency news and developments