How to Stake Gamium (GMM) in Australia

Introduction

Staking Gamium can be a great option for those who want to hold GMM while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.

Step-by-Step Guide

1. 1. Obtain Gamium (GMM) Tokens

   To stake Gamium, you need to own it. To obtain Gamium, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Cost
   CoinEx	Gamium (GMM)	0.00003099
   Gate.io	Gamium (GMM)	0.00003479
   Kucoin	Gamium (GMM)	0.0000491
   MEXC Global	Gamium (GMM)	0.00005848

   See all 8 prices

2. 2. Choose a Gamium Wallet

   Once you have GMM, you'll need to choose a Gamium wallet to store your tokens. Here are some great options.

   Platform	Coin	Staking returns
   MyCointainer	Gamium (GMM)	Up to 27.6% p.a.

3. 3. Delegate Your GMM

   We recommend using a staking pool when staking GMM. It's simpler and quicker to get started. A staking pool is a group of validators who combine their GMM, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Begin Validation

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Gamium network. You'll be rewarded with GMM for these validations.

What to Be Aware Of

There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.