How to Stake Gamium (GMM)

Introduction

Staking Gamium can be an excellent choice for those looking to hold GMM while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire Gamium (GMM) Tokens

   To stake Gamium, you first need to acquire it. To obtain Gamium, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

   Plattform	Kryptowährung	Price
   CoinEx	Gamium (GMM)	0,00003099 APY
   Gate.io	Gamium (GMM)	0,00003048 APY
   Kucoin	Gamium (GMM)	0,0000491 APY
   MEXC Global	Gamium (GMM)	0,00005848 APY

   View all 8 prices

2. 2. Select a Gamium Wallet

   Once you have GMM, you'll need to select a Gamium wallet to securely store your tokens. Here are some solid options to consider.

   Plattform	Kryptowährung	Staking rewards
   MyCointainer	Gamium (GMM)	Up to 27,6 % APY

3. 3. Delegate Your GMM

   We recommend using a staking pool when staking GMM. It's simpler and faster to get started. A staking pool is a collective of validators who pool their GMM, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

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

What to Consider

There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.