What is Green Metaverse Token (GMT)?
Green Metaverse Token (GMT) is the governance token from the STEPN “move-to-earn” NFT experience. It has a limited supply of 6 billion tokens. STEPN was created by Find Satoshi Labs, an Australian-based FinTech lab and studio. In 2021, the team won the Solana Ignition Hackathon Gaming track. STEPN is a unique concept because it inspires users to exercise to earn crypto. To get started, users first need to buy their NFT-sneakers. After that, they simply go outside and walk or jog to start generating crypto which can be used to buy more NFTs or swap with other cryptocurrencies.
What are the benefits of Green Metaverse Token (GMT)?
The benefit of Green Metaverse Token for investors is the chance to participate in STEPN governance. This means you are an active member of the community and can help decide future changes to the platform. GMT holders can vote on community proposals. Perhaps there will be more benefits to come as well. Also, GMT holders can benefit from the rise in value over the years. Are you thinking of buying GMT? Before you do, read the next paragraph.
Should I buy Green Metaverse Token (GMT)?
Surprisingly, analysts state the risk rating for GMT is currently low. While highly profitable investments are typically associated with highly risky investments, buying GMT could be a good addition to a balanced portfolio. After all, having a high-risk portfolio without any low-risk investments to balance out the volatility is not a popular strategy- and for a good reason. Also, keep in mind that all altcoins tend to follow Bitcoin or whatever cryptocurrency is in the lead position on CoinMarketCap. So if Bitcoin swings up or down, altcoins like GMT typically follow in a more volatile fashion. If you understand the risks and believe in the future of STEPN, then, by all means, consider buying GMT on YouHodler today.
How to get an instant GMT loan
Don’t sell your GMT. Use it as collateral for an instant crypto loan and get up to 90% of your collateral’s value in a variety of currencies. We have GMT to USD loans, GMT to EUR loans, GMT to GBP loans, GMT to CHF loans, and stablecoin loans as well. Simply deposit GMT today, choose a loan plan – or create a custom one yourself – and you’ll receive up to 30,000 in a currency of your choice in seconds.
How to borrow Green Metaverse Token – How does it work?
With our Crypto-Backed Loan service, you can borrow BTC, USDT, USD, EUR, GBP, or CHF only. That means if you want to borrow GMT you first must convert one of the above to fiat and convert it to GMT using our exchange service.
Green Metaverse Token loan calculator
You can use our GMT loan calculator with different loan plans to find the best option for you. You can see all parameters on the form such as loan duration, price down limit, and loan repayment. If you want to loan Green Metaverse Token, please check the calculator first to see which plan works best for you.
Green Metaverse Token lending process
Green Metaverse Token lending is easy with YouHodler. Just open and verify your account, deposit your crypto to the wallet and use it as collateral for your future GMT loans.