How to Buy
5 steps to buy on BYDFi
Open BYDFi account for free
Sign up for BYDFi with your email/mobile number and create a strong password to protect your account
Keep your account safe
Enable Google Authentication (2FA), set anti-phishing code, and trading password to add an extra layer of protection to your account.
Verify account
Enter your personal information and upload a photo of your valid ID cardVerify your personal identity
Add payment method
Once your BYDFi account is verified, add credit/debit card or bank account
Buy
There are various payment methods available to purchase GDAO on BYDFi. We'll guide you through it
Choose how to purchase GDAO on BYDFi
Buying coins on BYDFi is easy and convenient. Explore different ways to buy
- 1
Buy with credit/debit card
This is the easiest way for new users to buy (GDAO). Connect your credit/debit card to your account, enter the amount, and wait for the transaction to complete
- 2
Buy through third-party channels
BYDFi supports a variety of leading third-party payment services. Visit ourThird-party payment pageCheck out the payment methods available in your area
- 3
Buy on BYDFi's Spot market
BYDFi's Spot market offers 700+ Coin pairs, making it the most popular buying platform. Buying methods are as follows:1. Buy stablecoins through BYDFi, third-party Coin buying channels. Additionally, you can transfer crypto assets from other wallets or exchanges to the BYDFi platform. Please make sure to choose the correct blockchain network, once you deposit your funds to the wrong address it cannot be reversed.2. Transfer your crypto to BYDFi account. Find the trading pair you want to trade on BYDFi's spot market. Place an order to exchange your currency to
Note: BYDFi offers a variety of order types to buy in the spot market, such as market orders to buy immediately and limit orders to buy at a specific price. For more information about BYDFi order types, click here3. After a successful trade, you can view the available in your account
How to store ?
The best way to store will vary depending on your needs and preferences. Check out the pros and cons to find the best way to store
Store GDAO in your BYDFi account
Storing assets on BYDFi will give you quick access to trading products such as spot and contract trading, savings, lending, and more. BYDFi acts as the custodian of your crypto assets, saving you the hassle of keeping your private keys. Make sure to set strong passwords and upgrade your security settings to prevent malicious actions from accessing your assets
Deposit your GDAO to the wallet
「No key, can't withdraw」If security is your biggest concern, you can withdraw to a decentralized wallet, so you can easily manage your key. You can use any type of wallet, including smart wallets, Web3 wallets or paper wallets. Note that this option may not be convenient if you want to frequently trade or use your assets. Be sure to store your private key in a secure location as loss of the key could result in the permanent loss of .
How you can use with BYDFi
Hold
Store in your BYDFi account.
Trade
Trade in spot and futures markets.
Why is BYDFi the best platform to buy ?
Safe and reliable
Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and insurance fund protect your account.
High liquidity
BYDFi has highly liquid buy and sell orders for all listed cryptocurrencies, providing a liquid trading experience with tight spreads
Gem cryptocurrency platform
Supporting over 500 cryptocurrencies, BYDFi is the best platform to find your next Gem. You can buy GDAO on BYDFi and use it to exchange other crypto assets.
Friendly interface
Thanks to its simple interface and superior technology, buying on BYDFi is quick and convenient. Buy Coin on BYDFi to receive GDAO
Trade
Answers
What Is Governor DAO (GDAO)?
Governor DAO (GDAO) is a decentralized autonomous organization that enables other projects and networks to adopt decentralized governance principles in their own token models and communities.
In essence, this DAO of DAOs service encompasses several unique components that are accessible to both new and established projects alike.
These services include:* Proof-of-Existence Whitelist: A tokenized registry of provably unique Ethereum wallets any project can reference for sybil-resistant contracts. This can be used for voting, airdrops, token sales, and much more.* Metavoting: Clients allocate or lease project tokens to Governor DAO treasury so Governor community members collectively vote on their protocol with GDAO.* Contracts/Consultations: Projects leverage Governor DAO best practices, proprietary smart contracts, and mature voting community to help ensure their own ability to launch a working DAO, effective governance, fair token launch, etc.
Governor DAO is a true DAO. Token holders retain full ownership of the projects treasury reserves and revenue. Ultimately, further direction and build outs are determined by the token holders themselves.
How Many GDAO Tokens Are There in Circulation?
The total supply of GDAO is 2,921,625 (initially 3,000,000 with some amount of token burn). Of the total supply, 2,172,362 GDAO is in circulation (as of May 20, 2021).
GDAO was a fair launch token. A significant portion of the supply was airdropped to token holders at the time of the CBDAO exit scam in October 2020. The rest were allocated between liquidity programs, yield farming, and treasury reserves. No tokens were allocated for the team or for token sale.
Who Are the Founders of Governor DAO?
Governor DAO was created as a true, community initiative among token holders who were rugpulled by CoinBreeder DAO. The founders were token holders who believed strongly in the initial vision of the project (DAO of DAOs) and remained determined to build it out themselves.
You can see some core members of the Governor DAO team here.
Because Governor DAO operates as a decentralized autonomous organization, there are over a dozen community members that play elevated team roles beyond the individuals listed on the website.
Where Can I Buy Governor DAO (GDAO)?
GDAO is primarily traded on Uniswap v2.
It is additionally traded on Gate.io and Bilaxy.
New to cryptocurrency? Read BYDFis easy guide to buying Bitcoin or any other token.
