Gambit is focused on the trading community and is designed to be used as a utility token. Since its introduction as a proof-of-concept, GAM has matured to be one of the most highly respected communities in the ecosystem of trading. Gambit aims to simplify trading with introduction of classrooms, bots, buy/sell signals, and other services. Access to these services and other Gambit products is allowed by using GAM tokens. Gambit cryptocurrency is developed for combining hedging, trading, and asset acquisitions as an experimental token for trading.
Gambit was launched with an aim to help investors and traders perform a large array of activities such as asset buying, trading, and hedging. Its launch date is May 6 2015 and the long-term objective is to develop as a distinct trading token backed by ever-diminishing and deflationary supply. GAM was crowd-funded and operated as proof of work prior to shifting to proof of stake. DBA GamBitCrypto, a Seychelles Corporations is the owner of the entire range of Gambit’s products, intellectual property, and services. The private trading group that supports Gambit consists of a round the clock chat-room, trading bots, technical charting and analysis, and specially designed trading signals. The private trading group also provides Trading view indicators and features remarkable transparency.
Gambit community decided to enable users to get access to its variety of services and products by using some kind of token. This prompted the development of Gambit token. In the past, Gambit community has completed acquisition of number of assets. There is a mechanism to remove coins that are produced from streams that generate revenues. Such coins are sent to a black hole address to prevent access by any individual and are thus destroyed after verification. Users who sign up with Gambit are allowed discounts as well as a small commission on their trading fees. Developers are paid by lending liquidity through commissions for building new instruments for trading. There are many charterers, developers, traders, and miners involved in the Gambit Private Crypto Trading Group that engages in routine discussions on decisions to buy signals, ideas, charts, price fluctuations, and upcoming Cryptos. In order to gain an edge over competition, the group also focuses on development of indicators and custom bots. GAM proposes to exit its own blockchain to become an ERC Token associated with Ethereum Classic.
Currently Gambit coins can be traded on Bittrex exchange.
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