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Exchange Glimmer (GLMR)

If you're looking to swap Glimmer, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is Glimmer or some fresh information about GLMR’s price movements. And, of course, we provide you with the multiple Glimmer exchange options so that you can choose the offer with the best rates and lowest Glimmer fees, as well as other parameters that suit you.

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Glimmer Price Stats

To help you make a decision about exchanging your Glimmer, we gathered some cold hard numbers: Glimmer price chart and other stats, such as Glimmer market cap.

24H HIGH

24H HIGH $0.4938

GLMR MARKET CAP

GLMR MARKET CAP $487,799,946.624

CIRCULATING SUPPLY

CIRCULATING SUPPLY 1,054,018,899.36 GLMR

24H LOW

24H LOW $0.45835416

GLMR PRICE

GLMR PRICE $0.4628

24H VOLUME

24H VOLUME $5,792,133.674

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Glimmer Price Chart

Here you can see the current price of Glimmer, as well as Glimmer price history.

What is Glimmer?

Moonbeam network is an Ethereum-compatible smart contract parachain on Polkadot. It makes it easier to use the developer tools for those who want to build and deploy using Solidity language in a Substrate-based environment. The Moonbeam network is open source, which means that anyone can review the code and make suggestions. This openness makes it easier for developers to use the network and make modifications.

There are a number of benefits to using the Moonbeam network, including its ability to provide secure data transmission and storage, its decentralized structure, and its compatibility with a wide range of applications. Moonbeam allows the building of cross-chain-connected applications. 

The project was launched in 2019 by Derek Yoo. He serves as CEO of PureStake - a blockchain platform that provides secure and reliable public blockchain infrastructure for developers and enterprises. Some team members from PureStake also became part of the Moonbeam project team, including Stefan Mehlhorn, Katie Butler, and Nate Hamilton.

The architecture of the Moonbeam network is based on Ethereum's Web3 RPC. It consists of a network of mirrors that distribute transactions and blocks across the network. This allows the network to scale to handle large numbers of transactions. The Moonbeam’s RPC also mirrors accounts, keys, subscriptions, logs, and more, and also extends the set of tools provided by Ethereum, offering on-chain governance, staking, and cross-chain integrations. 

The compatibility between Moonbeam and Ethereum allows developers to use existing Solidity smart contracts right away without the necessity to rewrite or reconfigure them. Moreover, they can connect existing popular toolsets, including Metamask, Hardhat, Waffle, Remix, and Truffle using a set of Web3 RPC endpoints. Users also can interact with Moonbeam with their existing Ethereum H60 accounts. 

​​Moonbeam is designed to be more scalable than Ethereum. It has more than 10 times the capacity of Ethereum, and it can handle more transactions. Moonbeam also has its own token, which can be used to pay for services on the network.

The network is designed to be decentralized and secure. It uses a nominated Proof-of-Work consensus algorithm. Moonbeam also has a unique privacy feature called "Stealth Addresses". Stealth Addresses allow users to remain anonymous while using the Moonbeam network.

As one of the parachains on Polkadot, Moonbeam offers integration and connectivity with Polkadot and other parachains on it. The project also provides bridges to popular networks like Bitcoin and Ethereum. Developers that use Solidity or Vyper-based smart contracts to build applications that can go on multiple chains and go live on the Polkadot chain, benefiting from its growing ecosystem. Developers can also move their existing dApps to Polkadot or easily build a new permissionless decentralized application applying almost the same as Ethereum’s tools. 

Glimmer token (GLMR) is a native token that powers the Moonbeam ecosystem. The coin was issued via a Private Community Event called Take Flight. The total token supply is 1 billion coins. the annual inflation rate is set to 5% as there will be an uncapped token supply. The GLMR token is necessary for network participants allowing them to access vital functions of the platform. The GLMR is also a governance coin, that provides holders with the right to vote for the proposals on the network and elect council members. 

Average Fees on Moonbeam

By using a unique scalability solution, Moonbeam is able to offer lower fees than other networks, making it a valuable option for anyone looking to get involved in the blockchain space. The average transaction fees on the Moonbeam network are between 0.01 and 0.03 GLMR. Currently, the transaction fees are static.

GLMR Token Wallets

After the Moonbeam network went live on Polkadot, many platforms, exchanges, and crypto wallets started to accept the GLMR coin, including Bit2Me, Kucoin, Metamask, Ledger, Trezor, Exodus, imToken, etc. 

A Simple Way To Exchange Glimmer Here At SwapSpace

Step 1
Step 1

Choose a pair

Choose the cryptocurrencies you would like to exchange among more than 2150 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.

Step 2
Step 2

Select the best rate

You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.

Step 3
Step 3

Transfer funds

Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!

Step 4
Step 4

Receive your coins

You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: support@swapspace.co.

Frequently Asked Questions

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