STEPN is a “move to earn” Web 3 application that lets you monetise your daily exercise routine. Users can earn crypto by simply buying NFT sneakers and heading out for a walk, jog, or run.
This page tells you how STEPN is one of the first innovations to bring fitness and blockchain together, and where and how to buy GMT, its native token.
To buy STEPN, you’ll have to access a decentralised exchange (DEX) like PancakeSwap. This process won’t take you more than a few minutes.
You’ll need some form of photo ID to set up an account with a reliable and cost-friendly central crypto exchange. We have selected the top platforms for you on account of this below.
To buy STEPN, you first have to purchase BNB on PancakeSwap. You can do this by depositing money to your exchange account using payment facilitators like Visa, Skrill, and PayPal.
You’ll now need to create a Web 3.0 wallet like MetaMask or Trust Wallet to transfer your BNB to. You can send over your BNB tokens by pasting the address of your web wallet in the “Withdrawals” section of the exchange you are using.
You can connect your web wallet to PancakeSwap instantly and for free. All you have to do is click the “Connect Wallet” button on the top right side of the PancakeSwap website or mobile app.
Once you’ve done this, you’ll be able to swap your BNB for STEPN by selecting the BNB/GMT trading pair on PancakeSwap by following this link.
Keep in mind that you’ll need to have some BNB on hand to buy STEPN. You can buy BNB on a number of exchanges. We’ve pinpointed some of the best crypto platforms for you with regard to their ease of use, privacy features, and inexpensive transaction fees.
We encourage you to do your own research on the fundamentals and roadmap of STEPN before going forward with a decision to buy the coin. With this in mind, here are some elements you may also wish to weigh up.
Monetising Fitness. STEPN is one of the first innovations in the blockchain space to reward users for maintaining a healthier lifestyle. To get started, all you have to do is purchase an NFT sneaker from its marketplace and switch your GPS on, so the dapp can track the distance you have covered.
Available on App Stores. Unlike a number of other decentralised applications on the Solana blockchain, you can download STEPN on your smartphone directly from the Apple App Store or Google Play for Android users.
Strong Funding. STEPN is backed by some of the biggest VCs in crypto like Sequoia Capital, Folius Ventures, and Solana Ventures. Further investment from these groups could cause the value of its native GMT tokens to appreciate.