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Convert
Japanese yen (JPY) to STEPN (GMT) Instantly

JPY JPY
GMTBSC GMTBSC
Buy STEPN (GMT)

Purchase STEPN (GMT) with Japanese yen (JPY) 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 JPY 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 JPY/GMT trading pair and why is it important for users in Japan?

    The JPY/GMT trading pair represents the direct exchange rate between the Japanese Yen and STEPN's governance token, GMT. It's a crucial fiat on-ramp for users in Japan looking to enter the Move-to-Earn (M2E) space. This pair allows them to easily acquire this digital asset to participate in the STEPN ecosystem, influence governance decisions, and access premium features within the Web3 lifestyle app.

  • How can I buy GMT tokens using Japanese Yen (JPY)?

    To buy GMT with JPY, you typically need to use a regulated Japanese cryptocurrency exchange that lists the GMT token. The process involves creating an account, completing KYC/AML verification, depositing Japanese Yen via methods like a domestic bank transfer (ginkō furikomi), and then placing a buy order on the JPY/GMT market.

  • What is the difference between GMT and GST in the STEPN GameFi application?

    In the STEPN GameFi application, GMT (Green Metaverse Token) is the primary governance token, which also has utility for high-level upgrades and sneaker minting. In contrast, GST (Green Satoshi Token) is the main utility token earned through the Move-to-Earn activity of walking, jogging, or running with Sneaker NFTs. GMT has a fixed supply, underpinning the project's tokenomics, while GST has an uncapped supply.

  • What kind of digital wallet do I need to store GMT after purchasing it with JPY?

    After buying GMT on an exchange with JPY, you should transfer it to a compatible digital wallet for use in the STEPN app. Since GMT exists on both the Solana blockchain and BNB Chain, you need a wallet that supports either network, such as Phantom or Solflare for Solana. Storing your GMT in a personal, non-custodial wallet gives you full control over your digital asset.

  • What should I consider regarding fees and regulations when trading JPY for GMT?

    When trading JPY for GMT, be aware of the fee structure on your chosen Japanese cryptocurrency exchange, which can include trading fees, deposit fees for Yen, and withdrawal fees for GMT. All licensed exchanges in Japan operate under strict FSA (Financial Services Agency) regulations, ensuring robust KYC/AML compliance and a secure trading environment, which is a key benefit for users.
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