The Aavegotchi Protocol just became more accessible than ever before! Binance, the world’s largest crypto exchange, has enabled GHST deposits and withdrawals directly on Polygon Mainnet. Millions of Binance users are now just a few clicks away from participating in the Aavegotchi ecosystem!
Although Binance users were already able to acquire GHST via ETH mainnet, players had to use a bridge to send their tokens to Polygon and interact with the blooming Aavegotchi ecosystem. A process that new users often find confusing, time consuming, and, more often than not, quite expensive.
What This Means for Aavegotchi
This quality-of-life upgrade from Binance will allow users to skip the aforementioned bridging process and simply withdraw their GHST purchased on Binance directly to their MetaMask (or other web3 wallet) on Polygon Mainnet. It saves users two very important things: time and money.
Rather than spending extra funds to bridge GHST from Ethereum over to Polygon Mainnet, players can quickly and easily withdraw their GHST from Binance to their wallet, connect their wallet to Polygon, and immediately begin using it to buy items in the Aavegotchi Baazaar, stake it to earn yield, or cover up front fees to hop into the Gotchiverse with a borrowed Aavegotchi.
GHST joins an exclusive group of tokens, including MATIC, USDC, USDT, and SAND, that have been granted this ability by Binance.
No Swapping Needed
Some of you may be thinking, “what’s the big deal, all I had to do before was withdraw my MATIC from Binance on Polygon and then swap it for GHST.” You would be right, but you have to consider what this means for user experience and accessibility. In order to reach as many new users, Aavegotchi, and NFT Gaming as an industry, needs to ensure that the onboarding process is as simple as possible.
As it currently stands, even some who would describe themselves as crypto native have difficulties with things like cross-chain bridging and asset swapping. With that being the case, how can we expect to attract new players, particularly those with limited experiences using crypto, without making the process as easy and user frenly as possible? This upgrade from Binance is a gigantic step towards growing the Aavegotchi Protocol as well asthe Gotchiverse!
How to Buy GHST on Binance
Buying GHST on Binance is a very simple process. You simply need to create/register an account for free, complete Binance’s KYC process, choose how you want to purchase GHST from one of several options, complete your purchase, and choose how you wish to hold your GHST.
GHST can be purchased on Binance using a credit/debit card, bank deposit, P2P trading, or one of Binance’s third-party payment options. For more information you can see the step-by-step process here.
Withdrawing Your GHST
To withdraw your GHST on Polygon, you simply input your address, select the Polygon option, and confirm the transaction. Wait a couple of minutes and your GHST will be available in your web3 wallet on the Polygon network, no bridging needed!
Now all you’ve got to do is head to aavegotchi.com and you can immediately begin interacting with the dApp! We’ll see you in the Gotchiverse, fren!
Binance is the world’s largest cryptocurrency exchange by total volume. Founded in 2017, Binance offers the ability to buy, sell, and hold more than 600 cryptocurrencies. Currently there are more than 90 million registered users on the exchange.
Aavegotchi is an open-source, community owned NFT gaming protocol, enabling true asset ownership for gamers. Aavegotchi NFTs are on-chain collectible ghosts staked with Aave’s interest-generating aTokens.
Compete for player rewards by earning XP, leveling up, and increasing the rarity of your Aavegotchi fren. Aavegotchi is governed by the AavegotchiDAO and the native eco-governance token GHST. Visit Aavegotchi.com today and join the future of DeFi-staked NFT avatars!
Official Website: https://aavegotchi.com/
Gotchiverse Website: https://verse.aavegotchi.com/
Official Wiki: https://wiki.aavegotchi.com