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Gnosis (GNO) is a cryptocurrency that is built on an Ethereum platform. Simply put, Gnosis is another blockchain that allows users to buy and sell coins or tokens. Gnosis has a lot of potential uses including predicting future markets and Bitcoin Sports Betting. Gnosis lets users buy shares in an outcome of an event. The shares are purchased in form of tokens.
The Gnosis cryptocurrency was built on an Ethereum platform so that means you have to first buy Ether and then exchange it for Gnosis. Keep in mind that with a blockchain all of the transactions are anonymous, the entire system is decentralized, and everything is transparent.
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Gnosis has many uses but the two that have the most interest are the prediction aspect and the cryptocurrency trading. The forecasting platform is intriguing, as you can bet on the outcome of an event through Gnosis and if you are right you receive more Gnosis tokens but if you are wrong you lose those tokens. The bets are made with WIZ tokens and traded for Gnosis tokens. Gnosis can also be used for investing and trading. Because Gnosis is not a huge cryptocurrency like Bitcoin, you first have to buy Ether and then exchange it for Gnosis.
How do I buy Gnosis?
You can buy Gnosis by using one of the currency exchanges such as Kraken. These exchanges allow you to use a credit or debit card or bank transfer to buy Ether and then you can exchange it for Gnosis. You can then send Gnosis to your sportsbook account and you can withdraw Gnosis from your sportsbook account to your digital wallet.
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Along with Bitcoin, the cryptocurrency list that BookMaker.eu now accepts includes Bitcoin Cash, Ether, Litecoin, Monero, Dash, FirstBlood, Aragon, Basic Attention Token, Bancor, Blackcoin, Bitchares, Civic, Clams, Decred, Digibyte, Dogecoin, Edgeless, EOS, Ether Classic, Factoids, FunFair, GameCredits, Gnosis, Golem, Matchpool, Komodo, LBRY Credits, Namecoin, NEM, Numeraire, Nxt, OmiseGo, Potcoin, Augur, Reddcoin, IExec, Salt, Saicoin, Status, Startcoin, SingularDTV, Swarm City, WeTrust, Vericoin, Vertcoin, Waves, Wings, Ripple, Zcash, 0x, Bitcoin Dark, DigixDao, district0x, Emercoin, Iconomi, lisk, Maidsafe, Omni, Nubits, Novacoin, Tenx, Peercoin, Qtum, StorjX, Steem, TokenCard, Tether, Voxels and Counter Party.
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