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Convert
Singapore Dollar (SGD) to STEPN (GMT) Instantly

SGD SGD
GMTBSC GMTBSC
Buy STEPN (GMT)

Purchase STEPN (GMT) with Singapore Dollar (SGD) 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 SGD 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 are the common methods to buy STEPN (GMT) with Singapore Dollar (SGD)?

    To buy the Green Metaverse Token (GMT) with SGD, you typically use a cryptocurrency exchange that serves as a fiat on-ramp for Singaporean users. The process involves registering on a platform that supports SGD deposits, completing the required KYC/AML compliance checks, and then funding your account via local payment methods like a FAST transfer or PayNow. Once your account is funded, you can execute a trade on the GMT/SGD order book to purchase the digital asset.

  • What is the function of GMT as STEPN's governance token within its move-to-earn model?

    GMT, or Green Metaverse Token, is the core governance token for the STEPN Web3 lifestyle app. Its primary utility is to allow holders to participate in the project's governance by voting on proposals. Additionally, GMT is used for high-level in-game activities within the move-to-earn ecosystem, such as upgrading high-level Sneaker NFTs and minting rare sneakers. Earning GMT requires users to reach advanced levels in the game, making it a key component of the platform's long-term tokenomics.

  • Which blockchains support the STEPN (GMT) token, and how does this affect transactions?

    The STEPN (GMT) token is primarily built on the Solana blockchain but also has a version on the BNB Chain. When conducting a blockchain transaction with GMT, it is crucial to select the correct network on both the sending and receiving digital wallets. Using the Solana network typically results in very fast transaction speeds and low fees. The BNB Chain version offers an alternative with its own distinct fee structure and transaction finality times, providing flexibility for users within the broader Web3 ecosystem.

  • What are the key security steps after acquiring GMT with SGD?

    After a secure trade from SGD to GMT on an exchange, the primary security best practice is to transfer your digital assets to a self-custody digital wallet. Leaving tokens on an exchange exposes you to platform-specific risks. For long-term holding, a hardware wallet is the most secure option. For active use within the STEPN health and fitness app, transfer GMT to the app's integrated wallet. Always enable two-factor authentication (2FA) on your exchange account and double-check wallet addresses before confirming any blockchain transaction.

  • How is the Green Satoshi Token (GST) different from GMT in the STEPN app?

    STEPN features a dual-token economy. Green Satoshi Token (GST) is the primary in-game utility and rewards token with an uncapped supply. Users earn GST by walking, jogging, or running with their Sneaker NFTs. It is used for frequent in-game actions like repairs and basic upgrades. In contrast, Green Metaverse Token (GMT) is the governance token with a fixed supply. It is used for more significant actions like high-level upgrades and is earned only by users who have reached the highest levels in the game, representing a higher tier of investment and participation in the ecosystem.
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