Buying guideUpdated on How to Buy GHO (GHO): Step-by-Step Guide
To buy GHO on Picnic, you create an account, add funds with Pix and convert your balance into GHO in the app. The quote and the fees are shown on screen before you confirm, and the asset stays in a wallet you control.
- Fund with Pix
- Self-custody with a passkey
- Fees shown before you confirm
How much GHO can you buy?
You don't have to buy a whole unit. Here is what each amount is worth at today's reference price, before fees.
- With $1010.018GHO
- With $5050.091GHO
- With $100100.18GHO
- With $500500.91GHO
How to buy GHO on Picnic, step by step
Four steps, from signing up to GHO in your wallet.
Create your account
Download the app or open it in your browser. Your wallet is created at sign-up and protected by your device's biometrics (a passkey), with no seed phrase to write down.
Add funds with Pix
Top up in Brazilian reais with Pix, straight from the app. The balance shows up in a few minutes.
Search for GHO
In the investments tab, look for GHO or GHO and enter how much you want to buy.
Review and confirm
Check the quote and the fees shown on screen, then confirm. Your GHO balance appears in your wallet, under your control.
What is GHO?
GHO is a stablecoin designed to maintain a value close to the U.S. Dollar. It's part of the Aave Protocol and uses overcollateralization to help maintain its stability. Users can mint GHO by supplying collateral assets in the Aave V3 Ethereum market. The Aave DAO, a community-driven organization, governs key aspects of GHO, including interest rates and collateral requirements. While GHO aims for stability, it has faced challenges in maintaining its target value. You can buy GHO and other cryptocurrencies on the Picnic platform.
GHO is a stablecoin designed to maintain a value pegged to the U.S. Dollar. It operates within the Aave Protocol, utilizing an overcollateralized system to provide stability. This means that the collateral supplied is greater than the value of the GHO tokens issued, creating a buffer to help maintain the peg if collateral values fluctuate. Users can mint GHO by supplying collateral assets available in the Aave V3 Ethereum market. The process involves supplying collateral, borrowing GHO, and then repaying the GHO debt, which automatically burns the tokens. The Aave DAO, a decentralized autonomous organization, governs key aspects of GHO, including interest rates and collateral requirements. GHO introduces Facilitators, which are entities approved by the Aave DAO to mint and burn GHO tokens within specified limits. Interest paid by GHO minters goes directly to the Aave DAO treasury. While GHO aims for stability through market mechanisms, it currently faces challenges in maintaining its peg. You can buy GHO and other cryptocurrencies on the Picnic platform.
Why buy GHO on Picnic?
You stay in control
The wallet is yours, in self-custody, created at sign-up and protected by a passkey. Picnic is not an exchange: your assets stay under your control.
Fund with Pix
Add Brazilian reais and buy GHO in minutes, with no international wire.
Fees on screen
The quote and the fees are shown before you confirm the purchase, with no surprises.
Buy it, then spend it
The same account comes with an international Visa card, accepted in 180+ countries, with no annual fee and no IOF.
Frequently asked questions
Does Picnic charge fees to buy GHO?
Fees depend on the network used to buy GHO. On some networks the transaction is free, and on the others the fee is always shown on screen before you confirm. No hidden costs: what you see is what you pay.
Is it safe to buy GHO on Picnic?
On Picnic your wallet is in self-custody: you keep control of your assets without relying on an intermediary exchange. Picnic has operated globally since 2021, and the infrastructure behind the product was recognized with a grant from the Ethereum Foundation. As with any digital asset, the price of GHO can move, so invest thoughtfully.
Can I buy just a fraction of GHO?
Yes. You choose the amount to spend and receive the matching quantity of GHO, even if it is a fraction of one unit.
Do I need to understand crypto to buy GHO?
No. Picnic is built to be simple even for beginners: fund with Pix, search for GHO and confirm in a few taps. Your wallet is created automatically and the technical side stays behind the scenes.
How long until GHO reaches my wallet?
After you add funds with Pix and confirm the purchase, your GHO balance usually shows up in your wallet within a few minutes. Exact timing can vary by network.
Can I spend my balance after buying?
Yes. The same account that holds your assets comes with an international Visa card, accepted in 180+ countries, with no annual fee and no IOF. So you can spend your balance day to day, at home or abroad.
Can I buy other assets besides GHO?
Yes. Picnic lists more than 3,000 digital assets. Just search for the one you want and follow the same steps, all in one account.
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This content is for information only and is not investment advice. Digital assets are volatile and you may lose part of the amount invested.