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 if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. 1. Acquire Gamium (GMM) Tokens

   To stake Gamium, you first need to acquire it. To obtain Gamium, you'll need to buy it. You can select from these popular exchanges available in South Africa.

   Platform	Mint	Cost
   CoinEx	Gamium (GMM)	0,00009395
   Gate.io	Gamium (GMM)	0,00009312
   Kucoin	Gamium (GMM)	0,0000491
   MEXC Global	Gamium (GMM)	0,00005848

   View all 8 prices

2. 2. Select a Gamium Wallet

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

   Platform	Mint	Staking rewards in South Africa
   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 quicker to get started. A staking pool is a collective of validators who combine 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'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. You'll be rewarded with GMM for these validations.

What to Keep in Mind

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