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Egyptian pound (EGP) to STEPN (GMT) Instantly

Purchase STEPN (GMT) with Egyptian pound (EGP) 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 EGP to GMTBSC Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your STEPN Wallet Address

    Provide your GMTBSC wallet address and proceed with the payment.

  3. Step 3 illustration
    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 primary method for buying STEPN (GMT) with Egyptian Pound (EGP)?

    Direct EGP/GMT trading pairs are rare. The most common method is using a peer-to-peer (P2P) marketplace on a major cryptocurrency exchange. Users typically buy a stablecoin like USDT with EGP via local payment methods such as bank transfer or Vodafone Cash, and then trade that USDT for GMT on the exchange's spot market. This two-step process acts as a fiat on-ramp into the STEPN Game-Fi ecosystem.
  • What is the function of GMT as the governance token within the STEPN Move-to-Earn app?

    GMT, or Green Metaverse Token, is the core governance token of the STEPN ecosystem. Its utility extends beyond simple trading. Holders can stake GMT to participate in voting on platform changes. It is also used for high-level in-game activities such as upgrading Sneaker NFTs to new levels, minting rare sneakers, and accessing exclusive features. This dual-token model, with GST for basic rewards and GMT for governance and upgrades, is fundamental to its Game-Fi tokenomics.
  • Which blockchain networks does STEPN's GMT token operate on, and how does this affect EGP transactions?

    GMT is a multi-chain token, primarily operating on the Solana and BNB Chain. When you acquire GMT after your initial EGP-to-crypto conversion, you must send it to a digital wallet that supports the correct network. Using the Solana network often results in lower transaction fees and faster confirmation times compared to many other chains. For an Egyptian user, the choice of network will impact the cost of transferring GMT from the exchange to the STEPN app, so selecting the most efficient chain is a key consideration.
  • What are the common KYC/AML compliance requirements when using EGP for crypto purchases in Egypt?

    When using a P2P platform to buy digital assets with EGP, you must complete the exchange's Know Your Customer (KYC) and Anti-Money Laundering (AML) verification. This typically involves submitting a government-issued ID (like a National ID card or passport) and sometimes a proof of address or a selfie for biometric verification. These measures are mandatory for secure trading and are designed to prevent illicit activities, ensuring compliance with both platform policies and regional financial regulations.
  • Are there specific risks to consider when using P2P platforms in Egypt to acquire assets like GMT?

    Yes, while P2P platforms offer a vital fiat on-ramp, users should be cautious. Always trade with verified merchants who have a high completion rate and positive feedback. Utilize the platform's escrow service, which holds the crypto until the EGP payment is confirmed, protecting both parties. Never release your crypto before verifying that the fiat payment has been received in your bank account or digital wallet like Vodafone Cash. Be wary of any requests to trade outside the platform's official system.
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