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Golem (GLM)

What is Golem (GLM)? 

Golem (GLM) is an Ethereum token that allows users to pay or receive payment for resources via the Golem protocol. The protocol aims to allow participants in the network to loan out their computer’s spare processing power to others. 

Note: Golem has migrated from its former ticker symbol, GNT. If you have GNT funds in your Coinbase account, they will remain accessible and you can cash them out them at any time. If you want to upgrade your GNT to GLM, you can move your funds to a self-custodial wallet (e.g., Coinbase Wallet) and then convert your GNT tokens to GLM (see this tutorial). 

Which products support GLM?

 Send/ReceiveTrading
Coinbase           ✔    ✔
Pro          ✔    ✔
Wallet          ✔    ✖️

What regions support GLM? 

 USNYCANEUUKDESGJP
Coinbase    ✔ ✔  ✔ ✔ ✔ ✔✖️✖️
Pro   ✔ ✔  ✔ ✔ ✔ ✔✖️✖️
Wallet ✔ ✔  ✔ ✔ ✔ ✔ ✔✖️

Crypto to fiat trading pairs

 USUKEU
USD ✔ ✖️ ✖️
GBP ✖️ ✖️ ✖️
EUR ✖️ ✖️ ✖️

Note: Coinbase Wallet does not support direct bank transactions. You’ll need to transfer your crypto to Coinbase.com or send it to an external address in order to cash out.

Crypto to crypto trading pairs 

  USDCBTC
ETHUSDT
GLM   ✖️  ✖️
 ✖️   ✖️

See the full list of countries that Coinbase supports for crypto-to-crypto trading.

Note: Only assets hosted on the Ethereum blockchain can be converted through the Coinbase Wallet mobile app at this time. Learn more about trading on Coinbase Wallet.

How many confirmations are needed for GLM?

GLM requires 14 network confirmation. Learn about transaction confirmations.

Which blockchain network hosts GLM?

GLM is hosted on Ethereum. 

What are the minimum and maximum withdrawal amounts?

Coinbase has implemented safeguards to ensure a healthy and efficient network both on-chain and through our platform.  

These safeguards include both minimum and maximum amounts for each cryptocurrency we allow customers to send through the blockchain.

Minimum: 0.01 GLM

Maximum: 423,000 GLM

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