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 intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. 1. Acquire Gamium (GMM) Tokens

   To stake Gamium, you must first acquire it. To obtain Gamium, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   CoinEx	Gamium (GMM)	0,00003099 APY
   Gate.io	Gamium (GMM)	0,00002942 APY
   Kucoin	Gamium (GMM)	0,0000491 APY
   MEXC Global	Gamium (GMM)	0,00005848 APY

   Check out 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 excellent options tailored for the Italian market.

   Piattaforma	Criptovaluta	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 more straightforward and quicker to get started. A staking pool is a collective of validators who pool their GMM, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin the Validation Process

   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. For these validations, you'll receive rewards in GMM.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.