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Convert
Nigerian Naira (NGN) to STEPN (GMT) Instantly

NGN NGN
GMTBSC GMTBSC
Buy STEPN (GMT)

Purchase STEPN (GMT) with Nigerian Naira (NGN) 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 NGN 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 NGN/GMT trading pair and what does it represent?

    The NGN/GMT pair allows you to purchase STEPN's governance token (GMT) using the Nigerian Naira (NGN). This serves as a direct fiat on-ramp for users in Nigeria to access the STEPN Move-to-Earn (M2E) ecosystem, which operates on both the Solana and BNB blockchains. Instead of first buying a stablecoin, this pair facilitates a direct exchange from a local currency to a popular GameFi digital asset.

  • What are the common methods for buying GMT with NGN in Nigeria?

    Due to local banking regulations in Nigeria, Peer-to-Peer (P2P) trading on major cryptocurrency exchanges is the most prevalent method. Users can use Nigerian Naira (NGN) bank transfers or local fintech apps to pay another user who then releases the GMT tokens. Some exchanges might offer direct card purchases, but P2P marketplaces generally provide more liquidity and reliable transaction pathways for the NGN to crypto on-ramp.

  • What is the primary utility of the GMT token within the STEPN ecosystem?

    GMT, or Green Metaverse Token, is the governance token of the STEPN Web3 lifestyle app. Its primary utility includes participating in governance votes, leveling up high-tier Sneaker NFTs, and as a required token for certain in-app activities like minting new sneakers. It functions alongside Green Satoshi Token (GST), the in-game utility token, but GMT holds long-term value tied to the platform's growth and decision-making processes.

  • What are the security best practices when trading NGN for GMT?

    Always use a reputable cryptocurrency exchange with a robust P2P system that includes an escrow service. Enable Two-Factor Authentication (2FA) on your account for an extra layer of security. When conducting a P2P trade, never release your funds until you have confirmed receipt of payment. After acquiring your GMT, consider moving it from the exchange to a personal, non-custodial digital wallet where you control the private keys for maximum security of your digital asset.

  • Are there specific blockchain network fees to consider when transacting GMT?

    Yes, GMT exists on multiple blockchains, primarily Solana (as an SPL token) and the BNB Smart Chain (as a BEP-20 token). When you withdraw GMT from an exchange to a personal wallet, you must pay the respective blockchain's network fee. Solana is known for its very low transaction fees, paid in SOL. BNB Smart Chain fees, paid in BNB, are also typically low but can fluctuate. Always ensure you have a small amount of the native coin (SOL or BNB) in your wallet to cover these gas fees for future transactions.
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