How to stake GateToken | KoinX

how to stake gatetoken guide
A step-by-step guide to stake GateToken

GateToken Staking Overview

GT is the native token of the Gatechain mainnet. GT has been developing together with Gate.io since March 2020. The GT token enables Gate.io crypto exchange customers to earn discounts on token purchases and earn other privileges.

How to Stake GateToken (GT)?

Gate.io is a well-known website where you can stake the GateToken and experiment with staking.

Step 1: Go to gate.io and create an account

Visit the official website and register an account with a valid email address. Once your account has been authorized, complete your KYC Verification according to the steps. If you already have an account on any exchange, all you have to do is log in. On the other hand, all you need to do is log in if you already have an account.

Step 2: Go to Finance and select HODL and EARN 

You can find numerous staking alternatives in the Finance section of Gate.io. There, you choose ODL and EARN options where you can effortlessly stake GT coins. 

Step 3: Start staking.

Once you enter there, you can see the entire list of cryptos on the platform. From here, find the GateToken coins, and click on the S logo. The next step is to enter the quantity of GT coins you want to stake and click on the Subscribe button. With this, you are all set on your staking journey!

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Also: Do you know that if you are already holding GateToken or any other cryptocurrency you are liable to pay taxes under Income from Other Sources in India?

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Best Places to Stake GateToken (GT)

1. Gate.io
gate.io crypto exchange

With over 10 million registered users, Gate.io is one of the most secure and renowned trading platforms for staking GateToken (GT), With a wide range of digital assets, currently Gate .io is currently the only trustworthy exchange for trading GateToken.

Pros
  • Gate.io has a good rewards program which makes staking GateToken relatively fun.
  • 24-hour client service
  • Providing a mobile app that is almost identical to the website. As a result, you can stake GateToken from anywhere.
Cons
  • Gate.io has high deposit fees for staking GateToken. 

Benefits of Staking GateToken (GT)

  • Staking in GateToken is extremely convenient because of its lightning-fast processing speed in gate.io.
  • Staking GateTokens is less expensive compared to other cryptocurrencies.

More Cryptos similar to GateToken

Most frequently asked questions on GateToken Staking

How Can I Sell My GateToken?

You may easily sell your GT on the same platform where you bought them. To do so:

  • Log in to the exchange account where you saved your GT.
  • Decide how much GT you want to sell and place a sell order.
  • Finish your transaction
What kind of infrastructure does Gate.io offer?

Gate.io is a reputable Proof-of-Stake infrastructure provider and validator for Tezos, Tron, Cosmos Hub, and Eos.

How many GateToken coins exist?

There are about 78,287,872 GT in circulation out of the initial 100 million tokens which existed.

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