Introduction

Staking GMT is an excellent choice for those looking to hold GMT while earning yield securely and supporting the network. The process may seem overwhelming, especially for first-timers. That's why we've created this guide to help you through it.

Comprehensive Guide

1. 1. Acquire GMT (GMT) Tokens

   To stake GMT, you first need to acquire it. You can purchase GMT from various 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

   View all 49 prices

2. 2. Select a GMT Wallet

   Once you have GMT, you'll need to select a GMT wallet to keep your tokens safe. Here are some great options.

3. 3. Delegate Your GMT

   We suggest using a staking pool for staking GMT. It's easier and quicker to start. A staking pool consists of validators who pool their GMT, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.

4. 4. Begin Validation

   You will need to wait for your deposit to be confirmed by your wallet. Once confirmed, you will automatically validate transactions on the GMT network. You will be rewarded with GMT for these validations.

Key Considerations

Consider the transaction and staking pool fees. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, which can take some time.