Moonbeam (GLMR) Price
GLMR
Please note: like most trading venues, we display the current mid-market rates in our price charts. When you trade, you get the current bid or ask price depending on whether you are buying or selling. There is always a slight difference between the mid-market and the current bid or ask prices. This is a natural result of how Exchange order books work.
Digital currencies are very high risk. Do not invest money you can’t afford to lose. Please consider the suitability of crypto for your individual position before trading.
What is Moonbeam (GLMR) and how does it work?
Moonbeam is a Polkadot-based smart contract platform. GLMR (the Glimmer token) is its native currency. The protocol provides an Ethereum-compatible environment for building decentralized applications (dApps).
With interoperability in mind, the protocol is designed to serve assets and users operating within cross-chain ecosystems. It’s a utility token used as payment for transactions executed on the network, according to CoinGecko. GLMR is also responsible in facilitating on-chain governance, CoinGecko said.
Moonbeam operates as a parachain within the broader Polkadot (DOT) ecosystem. According to the project, this technical framework is said to provide Moonbeam with connectivity to additional DOT parachains as well as stand-alone protocols like Bitcoin and Ethereum.
The protocol’s Ethereum Virtual Machine (EVM) compatibility feature enables programmers to easily redeploy Ethereum-based smart contracts on Moonbeam. Such functionality may be appealing to application developers dissuaded by ETH’s minimal scale and current fee structure, Messari said.
"Moonbeam combines the best of both worlds," CoinGecko said of the fusion between the familiar, relatively-easy-to-use world of Ethereum and the scalable, interoperable architecture of Polkadot.
How to buy Moonbeam (GLMR)
With Uphold, you can buy digital currencies in just 11 clicks - even if you don’t have an account yet.
Nothing could be easier.
Here’s how fast it is to get started:
1. Go to Uphold.com and click sign up.
2. Enter your email address and personal details.
3. Click the link we send you and create a password
… and you’re off to the races!
Just start trading.
Get more coin for your coin
0% withdrawal fees
Low spreads
