Is STEPN (GMT) a Good Investment?

Although it is impossible to make an accurate STEPN (GMT) price prediction over any duration, the fundamentals of the project suggest that it could be a good crypto asset to invest in. As one of the most trending Web 3.0 games on the blockchain, STEPN could see rising adoption by players, which could support the GMT price and market capitalization and take it higher. As more players sign up and start playing the game, the GMT token burn picks up pace, making the token even more valuable and taking the STEPN price and market cap higher. In addition to an uptick in the number of players, increased activity in the NFT marketplace could also power an uptrend in the live price of STEPN. As Web3 applications gain more mainstream traction, GameFi dApps like STEPN could be among the most popular examples of powering the trend. The STEPN price could also increase as the crypto market sentiment turns positive, boosting investor confidence in buying digital assets like GMT.

How to Earn GMT in STEPN Game

STEPN minted six billion GMT tokens at the Token Generation Event (TGE) on 9 March 2022. Here are the multiple ways you can earn tokens: Playing STEPN You can earn GMT tokens by playing the STEPN game and moving up through the levels. At Level 30, you have the option to swap GMT for USDC. Governance Participation STEPN rewards you for participating in the game’s governance by distributing GMT tokens. Earn GMT via Staking or Lending Liquidity In addition to earning GMT within the STEPN ecosystem, you can also obtain GMT crypto by buying them directly on supported exchanges like KuCoin. You can then put your GMT holdings to work via staking or lending liquidity to grow your portfolio and earn more GMT crypto.

Why Does STEPN Burn GMT Tokens?

Several activities contribute to GMT token burning to bring down its total supply within the STEPN game. Let’s take a look at them below: Increase GST Supply STEPN burns GMT to permanently increase the daily earning limit on the game's Green Satoshi Token (GST). Mint NFT Sneakers GMT is burned while minting rare, epic, legendary sneakers with high value and high earning potential for players. Improve NFT Sneaker Quality You can burn GMT in STEPN to improve your chances of getting your hands on a higher-quality sneaker when you open a mystery shoebox. Re-distribute Points The Green Metaverse Token is burned while redistributing attribute points within the STEPN app. Upgrade Gems You must participate in GMT token burning when upgrading Gems on your new sneakers on the level of 5, 10, 20, 29, and 30 in the game. Improve Success Rate of Gem Upgrade GMT token burning improves the success rate of Gem upgrades and sneaker upgrades. This can improve your earning potential from the NFT sneakers you purchase and use while playing the game. Leveling Up As the game progresses, you must burn GMT to cross Levels 5, 10, 20, 29, and 30. Better Shoe Minting Burning GMT can also raise the likelihood of receiving two sneakers when you mint NFTs within the STEPN marketplace.

How to Buy STEPN (GMT)

Price of STEPN (24h)$0.2156769328736578

1.97%

Real-Time GMT Rate Converter

Interested in buying STEPN (GMT) or exploring other cryptocurrencies? This is the right place for you! KuCoin offers safe and easy ways to let you buy STEPN (GMT) instantly wherever you are! Check out all the ways you can buy GMT on KuCoin.

Buy STEPN (GMT) on KuCoin in Four Simple Steps

Create Your Free KuCoin Account

Sign up on KuCoin with your email address/mobile phone number and country of residence, and create a strong password to secure your account.

Secure Your Account

Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.

Verify Your Account

Verify your identity by entering your personal information and uploading a valid Photo ID.

Add a Payment Method

Add a credit/debit card or bank account after verifying your KuCoin account.

Buy STEPN (GMT)

Use a variety of payment options to buy STEPN on KuCoin. We'll show you how.

Choose How You Want to Buy STEPN on KuCoin

Buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying STEPN (GMT).

Buy STEPN (GMT) with crypto on the KuCoin Spot Market

With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy STEPN (GMT). Here's how to buy:

1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.

2. Transfer your crypto to a KuCoin Trading Account. Find your desired STEPN (GMT) trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for STEPN (GMT).

Tip: KuCoin offers a variety of order types to buy STEPN (GMT) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.

3. As soon as your order is successfully executed, you will be able to see your available STEPN (GMT) in your Trading Account.

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How to Store STEPN (GMT)

The best way to store STEPN (GMT) varies based on your needs and preferences. Review the pros and cons to find the best method of storing STEPN (GMT).

Store STEPN in Your KuCoin Account

Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.

Hold Your STEPN in Non-Custodial Wallets

"Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your STEPN (GMT) to a non-custodial wallet. Storing STEPN (GMT) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your STEPN (GMT) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your STEPN (GMT).

What Can You Do with STEPN (GMT) on KuCoin?

Hold

Store your STEPN (GMT) in your KuCoin account.

Trade

Trade STEPN (GMT) in the spot and futures markets.

Earn

Earn passive income by staking or lending STEPN (GMT).

Why Is KuCoin the Best Platform to Buy STEPN (GMT)?

Safe and Trusted

Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed by 1:1 real assets. KuCoin was named one of the Best Crypto Exchanges by Forbes in 2021 and selected by Ascent as the Best Crypto App in 2022.

High Liquidity

Boasting a high liquidity order book for all listed cryptocurrencies, KuCoin delivers a liquid trading experience with tight spreads.

Home of Crypto Gems

KuCoin supports more than 700 cryptocurrencies and is the best place to find the next crypto gem. Buy STEPN and trade it against various digital assets on KuCoin.

Intuitive Interface

Buying STEPN (GMT) on KuCoin is quick and easy, thanks to our intuitive interface and powerful technology. Obtain GMT in an instant when you buy on KuCoin.

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FAQ

How Much is Klaytn (KLAY) Worth?

You can find the current price of Klaytn in the KLAY price statistics section at the top of this page. As of August 2022, KLAY price is trading well below its all-time high of above $4.

While it is impossible to offer an accurate Klaytn price prediction over any duration, supporting fundamentals and sentiment could take the price of Klaytn back to the ATH and possibly above it. A risk-on sentiment in global financial markets could increase investor confidence in cryptocurrencies and take KLAY higher. In contrast, negative sentiment could have the opposite effect on the value of Klaytn crypto.

Is Klaytn (KLAY) a Good Investment?

Klaytn could be a good crypto asset to invest in as solid fundamentals back it. It is one of three blockchain networks that have partnered with the leading NFT marketplace OpenSea, establishing its prominence in the NFT space.

The Klaytn price could experience an uptrend as activity in OpenSea ticks higher in the future. In addition, KLAY price statistics could also enjoy support from the rising adoption of the Klaytn ecosystem by more dApps in DeFi, metaverse, NFT, and other sectors.

The Klaytn project is backed by profitable brands that have partnered with the blockchain to foster innovation in its ecosystem. An increase in more partnerships with named brands could also power the Klaytn price in the future and set it up for a rally.

Bullish sentiment among crypto investors could further support the Klaytn price in the future. A positive mood in the market encourages buying activity in KLAY and other crypto assets, offering more support for the KLAY price.

How to Stake Klaytn Token

You can stake KLAY token on several exchanges and DeFi platforms that offer this service. Here, we take a look at staking KLAY on Klaystation, the official staking tool based on the Klaytn blockchain:

1. Create an account on Kaikas - the official wallet of Klaytn developed by GroundX.

2. Add KLAY tokens to your wallet by buying KLAY on KuCoin or other supported platforms. Withdraw the tokens from your exchange to your Kaikas wallet by entering your wallet address.

3. Create an account on Klaystation and link your Kaikas wallet to the DeFi platform. You can do this via the Dashboard button in your Klaystation interface.

4. Look for the Stake Now button in the Dashboard and click on it to open a pop-up window.

STEPN (GMT) Price Analysis

Live Price

The live price of GMT is 0.2213 USD, representing an increase of 1.32% in the past 7 days and 1.97% increase in the past 24 hours.

Historical Trends

The all-time high of GMT was 4.11 USD on 04-27, 2022, from which the coin is now down -94.62%.
The all-time low of GMT was 0.1003 USD, from which the coin is now up 54.68%.

ATL$ 0.1003

ATH$ 4.11

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Disclaimer

Given the nature of the crypto market, the price of STEPN (GMT) is subject to high market risk and price volatility. We recommend you invest in digital assets only after you understand how they work and their associated risks. Other factors to consider when devising your crypto investment strategy include your experience level, financial situation, investment objectives, and risk tolerance. You could also consult an independent financial advisor before buying cryptocurrencies. The above information is not financial advice, and past performance is not a reliable indicator of how the market will fare in the future. The value of your investments and assets may rise or fall based on market conditions, and there is no guarantee that you will get back the amount you invest or profit from your investments. Your investment decisions are your sole responsibility, and KuCoin is not responsible for any losses you may incur when you buy crypto on its platform. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information is provided to you solely for informational purposes and is not warranted by KuCoin.