What Is STEPN (GMT)? Definition, Function and How it Works – Bittime

In this article we are going to learn about STEPN (GMT), learn the explain and how it works.

Understanding STEPN (GMT)

STEPN (GMT) is a cryptocurrency that offers incentives to individuals to participate in physical activity, specifically walking. By using blockchain technology, STEPN rewards users who exercise regularly. This cryptocurrency operates on the Solana blockchain and is supported by an innovative web3.0 application.

STEPN (GMT) Function

The main function of STEPN (GMT) is to motivate users to live healthily by rewarding physical activity, especially walking. Using token systems such as GMT and GST, STEPN enables users to earn rewards and be involved in ecosystem decisions through token governance.

STEPN (GMT) Story

STEPM (GMT) began rolling out in 2021 with the aim of overhauling the health and fitness sector. Developed by two entrepreneurs, Yawn Rong and Jerry Huang, this cryptocurrency managed to quickly attract attention and received significant seed funding from big names in the cryptocurrency industry.

Why STEPN (GMT) Was Created

The STEPN (GMT) cryptocurrency was created with the aim of encouraging an active lifestyle and participating in physical activities. The founders of STEPN are committed to contributing to public health and emphasize the importance of reducing CO2 emissions by encouraging walking mobility.

How STEPN (GMT) Works

STEPN (GMT) operations involve a mobile application that records the user's physical activity, especially the steps taken. Users are rewarded in the form of GMT tokens, with NFT shoes as the main driver. The GST token is also present as a utility for various activities within the STEPN ecosystem.

STEPN (GMT) Conclusion

In conclusion, STEPN (GMT) is an innovative cryptocurrency that combines blockchain technology with the promotion of a healthy lifestyle. By offering token-based incentives for physical activity, STEPN creates an ecosystem that motivates users to be more active. The project's initial success shows its potential as an innovative model in combining cryptocurrency and public health.

With its "move-to-earn" concept, STEPN is a unique example of how cryptocurrency can have a positive impact on the lifestyle of its users. Creating a balance between blockchain technology and healthcare, STEPN (GMT) continues to be a concern in the cryptocurrency world.

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How to Buy Crypto STEPN (GMT) on Bittime

You can buy and sell GMT tokens in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappbeti. GMT is available on Bittime with STEPN (GMT) IDR pairing .

To be able to buy GMT/IDR tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of Bittime assets is IDR 10,000. After that, you can make GMT purchases in the application. More Complete Guide How to Buy STEPN (GMT) on Bittime

Monitor price chart movements of STEPN (GMT), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER: This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.

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