How to buy Gram Platinum (GRAMP)

Gram Platinum Price (24H)
$50.16
-0.36%

Buy Gram Platinum (GRAMP) in 3 easy steps

Step 1
Download the LBank App
Please download the LBank App and register to get started
Step 2
Fund your account
Deposit using your preferred payment method.
Step 3
Choose your cryptocurrency
Select the crypto you want to buy from over 3,000,000 cryptocurrencies available on LBank Exchange or Wallet.

How to Buy Gram Platinum (GRAMP) on LBank – Step-by-Step Guide

Before you begin, decide how you’d like to pay:

Pay with fiat

If you're new to crypto, using fiat currency (such as USD, EUR, etc.) is the easiest way to buy Gram Platinum (GRAMP). LBank supports various payment methods, including debit cards, credit cards, bank transfers, and other local payment options where available. You may need to fund your LBank account before making a purchase.

Pay with other cryptocurrencies

If you already hold other cryptocurrencies, you can trade them for Gram Platinum (GRAMP) on LBank. Please make sure that LBank supports the trading pair you need (e.g., Bitcoin (BTC)). LBank offers a wide range of trading pairs, allowing you to conveniently convert your existing crypto into Gram Platinum (GRAMP).

LBank supports multiple payment methods

You can use the following payment methods to purchase Gram Platinum (GRAMP) on LBank:
Debit card
Credit / Debit Card
Paypal
Apple Pay
Google Pay

Mobile app guide

1
Open the LBank mobile app and tap “Buy Crypto”
2
Select “Buy”
3
Choose , enter the fiat currency you want to use, input the amount, then tap “Buy” or “Confirm”

Desktop guide

1
Log in to LBank on your desktop browser and click the “One-Click Buy” option.
2
Under the “One-Click Buy” tab:
(a). Choose the fiat currency you want to use
(b). Select the Gram Platinum (GRAMP) you want to purchase
(c). Enter an amount or use quick-select options (e.g., 100, 200, 500, max)
(d). Choose your payment method
(e). Click “Confirm” or “Buy now”

P2P Trading

Buy Sell
Merchant
Price
Amount | Limit
Payment Method
Action
1.003 USD
14,278.22 USDT
50.000 - 5,000.000USD
Wing Money
True Money (Cambodia)
Bank Transfer (Cambodia)
1.004 USD
40.00 USDT
20.000 - 40.000USD
Bank Transfer
1.010 USD
300.00 USDT
303.000 - 303.000USD
Wise

What is Gram Platinum (GRAMP)?

Launched in November 2022, Gram Platinum Token (GRAMP) is an asset-backed token redeemable 1:1 for 1 gram of platinum. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by platinum on the blockchain at a 1:1 ratio and indexed to the price of platinum. For every GRAMP created, an equivalent amount of physical platinum is held as collateral in the company's reserves. GRAMP provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of geographical boundaries. Unlike platinum transaction limits in the market, there are no minimum transaction limits for GRAMP transactions. GRAMP transactions are executed instantly and any amount of GRAMP tokens can be converted to fiat currencies, ensuring quick and efficient transactions. GRAMP is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process. As the demand for GRAMP tokens increases, the Token Teknoloji Anonim Şirketi will add the equivalent amount of physical grams of platinum to its reserves for each GRAMP token upon the request of institutions wishing to meet their demand. This ensures that the 1:1 ratio between grams of platinum and GRAMP is maintained whilst keeping the market in balance between supply and demand. And a coin burn function is built into the blockchain's smart contract to remove a pre-determined amount of GRAMP tokens from circulation when needed, ensuring a balance between GRAMP and the gram of platinum. Thanks to this mint-and-burn mechanism, the price of GRAMP is always in equilibrium with the price of the physical gram of platinum.

Is Gram Platinum (GRAMP) a good investment?

Whether Gram Platinum (GRAMP) is a good investment depends on your personal financial situation and risk tolerance. Cryptocurrency investments are speculative and can be highly volatile.

Before investing in Gram Platinum (GRAMP) or any cryptocurrency, consider the following:

Your financial goals
Are you seeking short-term gains or long-term growth?
Your risk tolerance
How much potential loss are you comfortable with?
Diversification
Don’t put all your eggs in one basket. Spread your investments across different types of assets.
Your goals and time horizon
Cryptocurrencies are best suited for long-term investors. Disclaimer: This is not financial advice. Please do thorough research before making any investment decisions.

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Buy Gram Platinum (GRAMP)

GRAMP / USDT
$50.16
-0.36%24H
Today's real-time price of Gram Platinum (GRAMP) is $50.16, with a 24-hour trading volume of $2,309.006. We update GRAMP to USD price in real-time. The 24-hour market performance of GRAMP is
-0.36%
Buy now

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Buying Gram Platinum (GRAMP) in other countries?

No matter where you are, as long as you can use LBank, you can easily buy Gram Platinum with the lowest fees and the highest security. Select your country in the search box below to start buying Gram Platinum in your preferred location:
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Dear LBank User

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If you need assistance, please contact us via email and we will reply as soon as possible.

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LBank Customer Support Team