GLMGolem price AUD (GLM)

Golem price chart

The below Golem price chart tracks the price of Golem against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.

Market cap

$420.3M

Volume 24hr

$2.9M

Supply

1.0B GLM

Max supply

1.0B GLM

What is Golem Network Token?

✓Ability to share computing power ✓Collaboration ✓Cloud provision

Golem is a global, open sourced decentralised supercomputer that anyone can access.

It combines the computing power of every computer on its network, allowing users to perform power-heavy tasks such as CGI rendering, machine learning and scientific computing.

In the Golem ecosystem, one can loan out their computer’s spare resources to others who need the additional power to perform these complex computations and tasks.

Users who lend computing power are rewarded in the GLM digital currency.

How do I buy Golem Network Token?

  1. Deposit funds into your Cointree account using our fast and convenient options.
  2. Enter the amount of Golem Network Token that you would like to buy.
  3. Confirm your purchase and Golem Network Token will be instantly delivered to your Cointree account.

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Common Golem questions

We answer the most commonly asked questions about buying, selling and trading Golem on cryptocurrency exchanges in Australia.

What is the Golem token?

Golem (GLM) is an Ethereum token allowing users to pay or receive payment for resources via the Golem protocol. The protocol allows participants in the network to loan out their computer's spare processing power to others for those in need of more power for larger tasks. Golem has migrated from its former ticker symbol, GNT.

What is Golem token used for?

Golem (GNT) is an ERC20 crypto token that allows its users to rent computing power at scale in order to accomplish power-hungry programs for larger tasks.

Why is Golem necessary?

As bigger, more complex technologies come about, we are going to need stronger computer power to create these programs and devices across a global market. The computers and laptops of today are not going to cut it for things like rendering CGI and the use of Artificial Intelligence. These tasks require a massive amount of computing power that most people do not have. Golem gives individuals the ability to rent more processing power, or sell their computing power to individuals who need more, effectively giving individuals the ability to use a super-computer by leveraging the Golem Network.

Where can I store my Golem?

You can safely store your Golem tokens in a free [Cointree wallet](https://www.cointree.com/learn/cryptocurrency-wallets/) when you set up your account and buy Golem on our exchange. You may also store your Golem (GLM) in a hardware wallet such as Ledger to be used as a cold Golem wallet.

Why is Cointree the best place to buy Golem Network Token in Australia?

Easy and convenient

Easily deposit Australian dollars using a convenient method such as PayId/OSKO and then simply follow our step-by-step instructions to make your first purchase of Golem Network Token.

Fast and transparent

Buy Golem Network Token in Australia within minutes. Our low fees are backed up with transparent quotes, so you can buy more Golem Network Token with every dollar invested.

Safe and secure

Buy Golem Network Token with confidence knowing that you're using an AUSTRAC regulated Australian exchange that's been operating since 2013 and is protected with bank-level encryption.

Made for you

An intuitive platform built for our members, featuring 100’s of coins and thousands of trading pairs. Plus, tracking of your portfolio performance can be done with ease.

What can you do with your Golem Network Token?

Deposit Golem Network Token

Want to grow your Golem Network Token portfolio? Be in control and transfer Golem Network Token into your Cointree account instantly.

Hold Golem Network Token

Many members buy and hold their Golem Network Token as a long-term investment. You can hold your Golem Network Token in your free multicoin wallet on Cointree or transfer it to a private wallet.

Trade Golem Network Token

You can instantly trade any portion of your Golem Network Token for any other digital currency within just a few clicks, and at the lowest rates in Australia.

Send Golem Network Token

When you buy Golem Network Token in Australia with Cointree, you can quickly and easily send your Golem Network Token to any other Golem Network Token wallet.

Spend Golem Network Token

You can spend Golem Network Token purchased in Australia when you’re online shopping or in physical stores. More and more Australian businesses are accepting Golem Network Token every day.

Learn About Golem Network Token

Cointree provides a comprehensive [learning hub](/learn/) to turn you from a beginner buying their first Golem Network Token, to an expert holding a diversified portfolio of cryptocurrencies.

Buy in just a few minutes

Start with as little as AUD $25 and deposit instantly with your bank account.