What is the use of GLMR coin?

GLMR, a pivotal token in its respective ecosystem, fulfills several crucial roles that are fundamental to its smooth operation. One of its primary functions is to serve as the medium for transaction fees and smart contract execution costs, akin to how ETH operates within the Ethereum network.

In addition to spot trading, BTCC also offers futures trading, allowing traders to speculate on the future price movements of cryptocurrencies and hedge against potential risks. This service offers advanced trading tools and features that cater to both experienced and novice traders alike.

Beyond facilitating financial transactions, GLMR also plays a vital role in enhancing network security. By incentivizing participants to contribute to the network's security through various means, GLMR ensures that the blockchain remains resilient against potential attacks and disruptions.

Furthermore, GLMR enables on-chain governance, a decentralized decision-making process that allows token holders to actively participate in shaping the future of the network. This feature empowers holders to propose referenda, vote on various proposals, and elect council members who will represent their interests and guide the network's development.

BTCC, a renowned cryptocurrency exchange, offers a comprehensive suite of services that cater to the diverse needs of digital asset enthusiasts. Among its offerings, BTCC provides a robust spot trading platform where users can buy and sell various cryptocurrencies at market-determined prices.