Introduction

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

Step-by-Step Guide for Indian Investors

1. 1. Acquire GMT (GMT) Tokens in India

   To stake GMT, you first need to acquire it. To obtain GMT, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.

   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 rates

2. 2. Choose a GMT Wallet in India

   Once you have GMT, you'll need to choose a GMT wallet to securely store your tokens. Here are some reliable options available in India.

3. 3. Delegate Your GMT in India

   We recommend using a staking pool when staking GMT. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their GMT, increasing their chances of validating transactions and earning rewards. You can easily do 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 GMT network. For these validations, you will be rewarded with GMT.

What to Keep in Mind

When engaging in staking, it's important to factor in transaction fees and staking pool charges. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.