GMX operates as a decentralised exchange that facilitates spot and perpetual trading, offering low swap fees and zero price impact trades. The exchange employs a distinctive multi-asset pool that rewards liquidity providers with fees earned from various sources such as market-making, swap fees, leverage trading (including spreads, funding fees, and liquidations), and asset rebalancing. Chainlink Oracles and TWAP pricing from top-volume DEXs ensure dynamic pricing.
The best place to buy GMX is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Bitcoin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.
Yes, Swyftx is a safe and secure platform to buy and sell GMX (GMX). Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security.
Swyftx is a AUSTRAC registered exchange that conducts regular security audits and maintains strict compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing Laws.
You can find more information on our security practices here.
The price of GMX is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bitcoin is determined by the number of buyers and sellers in the market at any given time.
Some significant factors that can influence the demand for Bitcoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.
You can deposit Australian dollars (AUD) into Swyftx via a number of methods including:
Swyftx also allows you to deposit cryptocurrency from another wallet into your account.
Swyftx does not allow you to directly buy GMX with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy GMX instantly.
Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.
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Loving Swyftx. The most impressive thing I love is they answer my questions within an hour. Communication is the key!!!
When I had questions the team was really quick in getting back to me. They walked me through the problem and nothing was a hassle for them.
Safety crypto exchange in Australia
Excellent experience using easy to navigate for beginners no issues at all
Had someone try to access my account from overseas, and the swyftx team were straight onto it. They put a hold on my account and then took me through ...