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  3. Colombian peso (COP) to STEPN (GMT)

Convert
Colombian peso (COP) to STEPN (GMT) Instantly

COP COP
GMTBSC GMTBSC
Buy STEPN (GMT)

Purchase STEPN (GMT) with Colombian peso (COP) easily at Switchere and benefit from fast, secure transactions.

About
STEPN (GMT)

STEPN is a pioneering Web3 lifestyle application built on blockchain technology that introduced the Move-to-Earn (M2E) concept to a global audience. By integrating GameFi and SocialFi elements, STEPN incentivizes users to engage in physical activities like walking, jogging, or running. To participate, users acquire NFT Sneakers from its in-app marketplace. This innovative model bridges the gap between real-world fitness and the digital asset economy, rewarding on-chain user activity with tangible value. The project operates on a decentralized network, originally launched on the high-throughput Solana blockchain and later expanding its multi-chain presence to include the BNB Chain, enhancing its accessibility.

The project's sustainability is underpinned by a sophisticated dual-token model. The primary utility token, Green Satoshi Token (GST), is earned by users during their physical activities and is used for basic repairs and upgrades. The second digital asset is the Green Metaverse Token (GMT), which serves as the core governance token of the ecosystem. This intricate tokenomics structure, complete with token burning mechanisms, is designed to create a balanced and self-sustaining economy. The interaction between these two tokens is crucial for navigating the app's features, from minting new NFT Sneakers to participating in special events, all managed through smart contracts.

The GMT token holds significant utility beyond simple rewards. As a governance token, GMT holders can participate in voting on key project development decisions, influencing the platform's future. Furthermore, GMT is required for high-level in-game progression, including upgrading NFT Sneakers to their maximum levels and minting rare or legendary sneakers. Staking GMT can also provide additional benefits. This positions GMT not just as a reward but as a foundational component for deep engagement within the STEPN ecosystem, making it a key player in the evolving Web3 infrastructure that merges health, finance, and community interaction.

STEPN (GMT)

How to Buy STEPN (GMT)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose COP to GMTBSC Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your STEPN Wallet Address

    Provide your GMTBSC wallet address and proceed with the payment.

  3. 03

    Receive Your STEPN

    Complete the payment, and your GMTBSC will be sent to your wallet.

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Frequently asked questions

  • What is the COP/GMT trading pair and what does it represent?

    The COP/GMT pair allows you to directly purchase STEPN's Green Metaverse Token (GMT) using the Colombian Peso (COP). It represents a fiat on-ramp for users in Colombia to enter the STEPN Move-to-Earn (M2E) ecosystem, enabling them to acquire the governance token needed for high-level activities within the Web3 lifestyle app without first converting to USD or another cryptocurrency.

  • What are the common payment methods in Colombia for acquiring GMT tokens?

    To buy GMT with COP, users often utilize Peer-to-Peer (P2P) platforms on major cryptocurrency exchanges. Common local payment methods supported include PSE (Pagos Seguros en Línea), bank transfers via Bancolombia, and mobile payment services like Nequi or Daviplata. These options provide a direct link from your Colombian bank account to your digital asset purchase.

  • What is GMT's specific token utility in the STEPN Game-Fi ecosystem?

    GMT, or Green Metaverse Token, is the primary governance token for the STEPN project. Its token utility includes participating in governance votes, leveling up and minting new Sneaker NFTs at higher levels, and accessing premium in-app features. It operates on both the Solana blockchain and BNB Chain, giving it broad accessibility within the Game-Fi space.

  • Is KYC/AML compliance required to buy GMT with Colombian Pesos?

    Yes, virtually all reputable cryptocurrency exchanges that offer a fiat on-ramp for COP require users to complete Know Your Customer (KYC) and Anti-Money Laundering (AML) verification. This is a standard security procedure to ensure secure trading, comply with regulations, and protect users from fraudulent activities when converting fiat currency into a digital asset like GMT.

  • What types of fees should I expect when trading COP for GMT?

    When converting COP to GMT, you may encounter several fees. These can include a deposit fee for your COP transaction (e.g., from a PSE payment), a trading fee on the cryptocurrency exchange's order book (often a percentage of the trade value), and finally, a blockchain transaction fee (network gas) if you decide to withdraw your GMT tokens from the exchange to a personal digital wallet on the Solana or BNB Chain.
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