Introduction

Staking GMT can be a great option for those who want to hold GMT 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 GMT (GMT) Tokens

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

   Platform	Coin	Cost
   Nexo	GMT (GMT)	0.02
   PrimeXBT	GMT (GMT)	0.02
   YouHodler	GMT (GMT)	0.02
   Binance	GMT (GMT)	0.02
   BTSE	GMT (GMT)	0.02
   Coinbase	GMT (GMT)	0.03

   See all 49 prices

2. 2. Choose a GMT Wallet

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

3. 3. Delegate Your GMT

   We recommend using a staking pool when staking GMT. It's simpler and quicker to get started. A staking pool is a group of validators who combine their GMT, 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 GMT network. You'll be rewarded with GMT 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.