Purchase GMX in a few taps. Buy with a credit, debit card or bank transfer.
GMX is a decentralized trading platform that enables users to trade spot and perpetual crypto assets directly from their wallets, with no intermediaries and up to 50x leverage. Built on Arbitrum and Avalanche, GMX combines a user-friendly interface with the efficiency of on-chain execution, providing an alternative to centralized exchanges that prioritizes transparency, control, and capital efficiency.
At the heart of the GMX ecosystem is the GLP liquidity pool, which acts as the counterparty to traders. Liquidity providers earn fees from swaps, leverage trading, and liquidations. This model allows for deep liquidity and lower slippage, even during volatile market conditions. GMX’s price feeds are powered by Chainlink oracles and other aggregated sources to minimize manipulation and ensure accurate pricing.
The GMX token serves both governance and value accrual functions. Token holders can vote on protocol upgrades and earn a share of the platform’s revenue, distributed in ETH (on Arbitrum) or AVAX (on Avalanche). This dual reward mechanism has helped GMX become one of the most capital-efficient DeFi platforms by return on liquidity.
GMX is priced at $13.89, with a market capitalization of $141,689,867.00. The token reached an all-time high of $91.07 on April 18, 2023. There are 10,199,617.95 GMX tokens in circulation, from a total supply of 10,199,617.95, with a maximum supply of 13,250,000.
You can buy GMX with a credit as well as debit card, or explore other available payment methods on Nexo. Proceed to the Nexo Exchange to buy GMX.
Swap assets for GMX with fixed price execution on Nexo’s crypto exchange.
Borrow funds from 2.9% interest without selling any of your GMX.
Spend your funds on Credit and Debit Mode from a single card and earn interest on your spendable balance.
Make free GMX transfers to your family or friends as long as they have a Nexo account.
You can buy GMX directly with a credit or debit card, as well as cards connected to your Apple Pay or Google Pay.
To learn more about how to buy GMX via card, visit our dedicated Help Center article.
You can top up funds from your local bank via a bank transfer. EUR and GBP transfers arrive quickly, while USD wires generally take up to 2 business days to be reflected in your account.
Once your funds arrive, simply go to the Exchange tab inside the Nexo app and swap them for the amount of GMX you want.
To start receiving crypto cashback on GMX purchases, your account balance needs to be above $5,000 worth of digital assets. The specific amount you receive depends on your Loyalty Tier.
To get the maximum crypto cashback amount, maintain an account balance above $5,000 worth of digital assets and join the Platinum Loyalty Tier by holding at least 10% of NEXO Tokens against the rest of your portfolio.
To find out the exact reward rates for each tier, visit our Help Center.
We use multiple custodians including Ledger Vault, Fireblocks, and others, to diversify our custodial infrastructure. Along with that we offer:
You can learn more about our fundamentals here.