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Convert and Swap STEPN GMT to Euro EUR

GMT/EUR: 1 STEPN equals €0.12 EUR

Last update: 1:46 PM, October 15, 2024

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STEPN market latest

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STEPN is climbing this week.

The current price of STEPN is €0.12 per GMT. With a circulating supply of 2,909,451,739.889 GMT, it means that STEPN has a total market cap of €355,672,810.37. The amount of STEPN traded has risen by €1,621,324.77 in the last 24 hours, which is a 7.44% increase. Additionally, in the last day, €21,785,164.51 worth of GMT has been traded.

€355.7M
€21.8M
2.9B GMT

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About STEPN

GMT is a Solana token that governs STEPN, a lifestyle app that encourages users to “move-to-earn.” STEPN users with NFT sneakers can earn GMT by walking or running outdoors. GMT can be used to pay for digital items and upgrades as well as staking and voting on future changes to the platform.

STEPN, also known as GoMining Token (GMT), is a unique cryptocurrency that aims to simplify the process of Bitcoin mining. It allows users to own Bitcoin hashrate digitally as a Non-Fungible Token (NFT) asset on the Ethereum/BNB chains and the Bitcoin blockchain. This eliminates the need for users to own or maintain physical mining infrastructure. The hashrate NFT position continuously generates Bitcoins and can be traded or used as collateral in Decentralized Finance (DeFi) like any other asset. The GoMining protocol developed the Liquid Bitcoin Hashrate (LBH) concept, where the physical mining equipment operates in the data center, and the user owns an NFT that represents the hashrate position.

STEPN works by allowing users to own Bitcoin hashrate digitally as an NFT asset. The LBH tokens generated by the hashrate can be used in DeFi protocols for borrowing/lending purposes. For instance, LBH tokens can be used as collateral for borrowing stablecoins for farming strategies, providing additional income to the LBH token owner. The GoMining token within the GoMining ecosystem serves as a discount token for electricity payments. NFT hashrate owners are required to pay electricity and maintenance costs, which are deducted from BTC mining revenue. By using the GoMining token for power/maintenance payments, users receive a 10% discount and continuously mine more bitcoins.

The potential use cases for STEPN extend beyond just Bitcoin mining. NFT owners can participate in play-to-earn mechanics that enrich the NFT-based mining experience, engage the community, and provide additional income to NFT owners. GoMining actively develops GameFi elements that allow users to generate additional income in NFTs on top of primary BTC mining proceeds. Furthermore, the GoMining token can be used for protocol governance. Users participating in GoMining governance can vote on proposals, influence protocol management, and most importantly, GoMining rewards distribution to the community of NFT owners and GameFi activities.

The history of STEPN is rooted in the development of the GoMining protocol. GoMining is a Liquid Bitcoin Hashrate protocol that was created to simplify Bitcoin mining for millions of users and unlock the huge potential of Bitcoin hashrate to be used as a Real World Asset (RWA) in DeFi. The GoMining protocol developed the Liquid Bitcoin Hashrate (LBH) concept, which allows the physical mining equipment to operate in the data center while the user owns an NFT that represents the hashrate position. The GoMining token was designed to combine a Discount token, a modified version of the burn and mint equilibrium (BME), and a ve Token (voter escrowed) governance model. The GoMining token has since become a known player in the DeFi space.

How STEPN and Euro differ

STEPN, also known as GoMining Token (GMT), and the Euro (EUR) are two distinct forms of currency, each with their unique characteristics. STEPN is a cryptocurrency that aims to simplify Bitcoin mining by allowing users to own Bitcoin hashrate digitally as a Non-Fungible Token (NFT) asset. This approach eliminates the need for users to own or maintain physical mining infrastructure. The hashrate NFT position continuously generates Bitcoins and can be traded or used as collateral in Decentralized Finance (DeFi) like any other asset. On the other hand, the Euro is a traditional fiat currency used by 19 of the 27 member states of the European Union. It is centralized, regulated by the European Central Bank, and used for everyday transactions, unlike STEPN which operates in the digital realm of blockchain technology. Furthermore, the Euro does not have the potential to generate additional income through mechanisms like DeFi or play-to-earn mechanics, which are unique features of STEPN.

Frequently asked questions

How much is 1 STEPN in EUR?

Right now, 1 STEPN is worth about €0.12.

How much GMT could I buy for 1 EUR?

Based on the current rate, you could get 8.13 GMT for 1 EUR.

How much has the price of STEPN changed?

STEPN price has been on the rise. Since yesterday, the exchange rate of STEPN has increased. Since last month, the exchange rate of STEPN has decreased. Since this time last year, the price of STEPN has decreased.

How do I calculate or convert GMT to EUR?

You can use our GMT to EUR calculator at the top of this page to convert any amount of GMT to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 40.66 GMT. Inversely, 5 GMT will cost about €0.61

How can I buy 1 STEPN on Coinbase?

STEPN is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy STEPN.

What are assets similar to STEPN that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to STEPN, including Trust Wallet Token, Kujira, and Pepe. For a more robust list of assets to explore, jump to the asset page dedicated to STEPN.

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Buy STEPN with Coinbase Wallet

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GMT to Euro conversion tables

The exchange rate of STEPN is decreasing.

The current value of 1 GMT is €0.12 EUR. In other words, to buy 5 STEPN, it would cost you €0.61 EUR. Inversely, €1.00 EUR would allow you to trade for 8.13 GMT while €50.00 EUR would convert to 406.63 GMT, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 1.69%. Meanwhile, in the last 24 hours, the rate has changed by 0.22%, which means that the the highest exchange rate of 1 GMT to Euro was €0.12 EUR and the lowest 24 hour value was 1 GMT for €0.12 EUR. This time last month, the value of 1 GMT was €0.12 EUR, which is a 5.23% increase from where it is now. Looking back a year, STEPN has changed by €0.14 EUR. That means that in a single year, the value of STEPN has shrank by 7.64%.

GMT to EUR performance history

Price 24H ago
Change 24H
Price 1W ago
Change 1W
Price 1M ago
Change 1M
Price 1Y ago
Change 1Y
€0.12 EUR
-0.22%
€0.12 EUR
1.69%
€0.12 EUR
-5.23%
€0.14 EUR
-7.64%

GMT to EUR

Amount
Today at 1:46 pm
0.5 GMT
€0.06
1 GMT
€0.12
5 GMT
€0.61
10 GMT
€1.23
50 GMT
€6.15
100 GMT
€12.30
500 GMT
€61.48
1,000 GMT
€122.96

EUR to GMT

Amount
Today at 1:46 pm
0.5 EUR
4.07 GMT
1 EUR
8.13 GMT
5 EUR
40.66 GMT
10 EUR
81.33 GMT
50 EUR
406.63 GMT
100 EUR
813.26 GMT
500 EUR
4,066.29 GMT
1,000 EUR
8,132.58 GMT

Today vs. 24 hours ago

Amount
Today at 1:46 pm
24 hours ago
24H Change
0.5 GMT
€0.0615
€0.0613
+0.34%
1 GMT
€0.12
€0.12
+0.34%
5 GMT
€0.61
€0.61
+0.34%
10 GMT
€1.23
€1.23
+0.34%
50 GMT
€6.15
€6.13
+0.34%
100 GMT
€12.30
€12.25
+0.34%
500 GMT
€61.48
€61.27
+0.34%
1,000 GMT
€122.96
€122.55
+0.34%

Today vs. 1 month ago

Amount
Today at 1:46 pm
1 months ago
1M Change
0.5 GMT
€0.0615
€0.0631
-2.62%
1 GMT
€0.12
€0.13
-2.62%
5 GMT
€0.61
€0.63
-2.62%
10 GMT
€1.23
€1.26
-2.62%
50 GMT
€6.15
€6.31
-2.62%
100 GMT
€12.30
€12.63
-2.62%
500 GMT
€61.48
€63.13
-2.62%
1,000 GMT
€122.96
€126.26
-2.62%

Today vs. 1 year ago

Amount
Today at 1:46 pm
1 year ago
1Y Change
0.5 GMT
€0.0615
€0.0669
-8.12%
1 GMT
€0.12
€0.13
-8.12%
5 GMT
€0.61
€0.67
-8.12%
10 GMT
€1.23
€1.34
-8.12%
50 GMT
€6.15
€6.69
-8.12%
100 GMT
€12.30
€13.38
-8.12%
500 GMT
€61.48
€66.92
-8.12%
1,000 GMT
€122.96
€133.83
-8.12%

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