Buy GMX (GMX)

Easily and securely buy GMX with the best crypto platform in Europe.

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Buy GMX with the best crypto exchange

  • Easy and smart

    We make investing in GMX easier, safer and faster than ever before. With the lowest trading fees and full transparency.

  • Lowest trading fees

    On average 83%* lower fees than other crypto exchanges, with the best possible execution price for your GMX. No hidden fees.

  • Trusted platform

    Registered with De Nederlandsche Bank (DNB) with leading security and compliance standards.

  • Premium support

    Always there when you need us. Our crypto experts are ready to help you via chat, e-mail or telephone in Dutch and English.

  • Follow the steps below to easily and securely buy GMX.
    1. Sign up

      Create an account with a reputable crypto platform like Finst.

    2. Deposit EUR

      Deposit Euros using payment methods like iDEAL, Bancontact, or SEPA.

    3. Start investing

      Buy GMX and securely store it on our platform.

  • You can securely store your GMX in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

    We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your GMX. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

    Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.
  • Yes, at Finst, you can easily buy GMX with iDEAL. We also support popular payment methods like SEPA and Bancontact.
  • At Finst, you can start investing in GMX with as little as €1. For many coins, it is not necessary to buy a whole coin.
  • Yes, it is safe to buy GMX through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.
  • Yes, buying GMX is legal in Europe. However, we advise you to do your own research before making a purchase.
  • Investing in cryptocurrencies like GMX involves risks of losses. You can lose (part of) your deposit. Before you decide to buy GMX, it is important to understand the risks.

    Volatility: The price of GMX can fluctuate significantly. This means that its value can rise and fall quickly.

    No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

    External factors: The price of GMX is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.
  • When you buy GMX through Finst, you benefit from the most competitive trading fees of 0,15% per transaction.

    Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

    It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

    This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.
  • No, due to laws and regulations, it is not possible to buy GMX or other cryptocurrencies anonymously on a regulated crypto platform in Europe.
  • At Finst, we support several order types to buy GMX: Market Order, Limit Order, and Auto Invest (DCA).

    - With a Market Order, you buy GMX instantly at the best available market price.

    - Do you want to buy GMX at a lower price? With a Limit Order, you set the maximum price you're willing to pay for GMX. Your order will be executed once your limit price is reached on the market.

    - Do you want to invest in GMX without constantly checking the market? With Auto Invest, you can schedule automatic and recurring purchases. Whether you want to buy daily, weekly, bi-weekly, or monthly - you choose the frequency.
  • Yes, on our platform, you can easily buy GMX with a Limit Order. This allows you to set the maximum price you're willing to pay. Your order will be executed once the price of GMX reaches your limit price or lower.

    A Limit Order is ideal if you want to wait for a better price without constantly monitoring the market.
  • Yes, with Auto Invest, you can set up daily, weekly, bi-weekly, or monthly purchases of your favorite crypto using the Dollar Cost Averaging (DCA) strategy. Create your own investment plan and DCA GMX without any action required or additional fees.

    Do you prefer to store your crypto on your external wallet? At Finst, we have various cryptocurrencies enabled for automatic withdrawals, which are sent straight to your wallet after each recurring purchase.
  • GMX is a decentralized trading platform for perpetual contracts, where users can trade with leverage without the need for a third-party intermediary. The platform is built on both Arbitrum and Avalanche, allowing users to utilize GMX on either of the two networks. Since both networks are fast and cost-efficient, users can enter contracts at low costs and high speeds.

    Additionally, the platform offers low swap fees (exchanging one token for another cryptocurrency) and zero-price impact trading, enabling users to conduct efficient and cost-effective transactions.

    Zero-price impact trading means that transactions are executed without the price of an asset being directly affected by the order size. GMX uses price oracles to ensure that market orders do not cause price impact, unlike traditional order-book based exchanges. This prevents adverse price changes when large transactions occur.
  • GMX uses a multi-asset liquidity pool (GLP). Thanks to these liquidity pools, users can trade without a traditional order book-based counterparty; instead, the GLP pool acts as the counterparty. In practice, liquidity providers supply tokens to a GLP pool for trading pairs like GMX/AVAX, enabling trades without a third party. In return, liquidity providers receive rewards from trading fees, liquidation costs, and leverage trading.

    Thanks to the leverage model, users can trade with up to 50x leverage. This means you can open a much larger position with a relatively small amount of capital.

    Example: Suppose you have 100 GMX as collateral and use 50x leverage. This means you open a position worth 5,000 GMX. If the price increases by 1%, the value of your position will increase by 1% of 5,000 GMX = 50 GMX profit. This is 50% of your original investment (100 GMX). If the price drops by 1%, the value of your position decreases by 1% of 5,000 GMX = 50 GMX loss.

    Since you had 100 GMX as collateral, a 2% drop would mean your entire investment is lost, and your position will be liquidated.

    When you open a position with leverage, you borrow tokens from the GLP pool, for which you pay interest. This interest is distributed among the liquidity providers in the pool. These are perpetual contracts, a form of derivatives trading where positions can remain open without a fixed expiration date.

    Other features of the network include the ability to set stop-loss and take-profit orders on the GMX platform, allowing users to automatically close open positions when certain conditions are met.
  • GMX was launched in 2021 by an anonymous developer. The platform emerged from the earlier project Gambit, which focused on decentralized trading. After DeFi experienced strong growth, there was increased demand for more efficient derivatives trading. The anonymous developer thus designed GMX to offer a scalable and cost-efficient derivatives trading platform.
  • The GMX ecosystem consists of several components that work together to enable the platform to function:

    • GMX-token (GMX): The GMX-token is the native token of the platform and serves both a utility and governance function. Holders can support the platform by staking their tokens or providing them to liquidity pools, thus gaining voting rights on future updates.
    • GLP-token (GLP): The GLP-token enables multi-asset liquidity pools and is used as a liquidity provider. Liquidity providers can earn trading fees by locking GLP tokens in GLP pools.
    • Arbitrum & Avalanche Integration: GMX operates on these two networks, allowing users to trade with low fees and fast transactions.
  • We don't hide our fees.

    Buy GMX with a trading fee of 0,15% per transaction and no added spead. That's it. Crystal clear.

    Compare fees
  • Invest in smart Bundles of the top cryptos.

    You can buy GMX with our smart crypto Bundles and diversify your investments in one click.

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  • Maximum security. Maximum trust.

    Protecting you and your GMX is our top priority. Your assets are segregated from ours.

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Who is Finst?

Finst is an Amsterdam-based cryptocurrency exchange led by a team of investment professionals who have previously helped build one of the largest retail investment platforms in Europe. Finst offers the lowest transaction fees in Europe for a wide range of cryptocurrencies through a unique and highly secure platform.

Leveraging decades of combined trading, security and engineering experience, Finst aims to create a level playing field for all crypto investors and remove the high entry barriers associated with investing in cryptocurrency.

Learn more

Buy GMX today

Invest with confidence, just like thousands of others who buy GMX with Finst.