Stride is a multichain liquid staking zone (appchain) in the Cosmos Ecosystem. Stride allows users to stake any IBC-compatible tokens, and receive stTokens in return, which are redeemable for the original token at a 1:1 ratio. By staking their tokens using Stride, users will be able to earn staking rewards, while also retaining liquidity in the form of stTokens, which will allow them to take advantage of Cosmos DeFi and pursue more yields there.
How to Buy stSOMM on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing stSOMM. Some reputable platforms include HTX、Bybit、Bitget, and others.
Step 2: Register an Account
Here, we'll register an account on the Bybit(registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing stSOMM.
Step 5: Purchase stSOMM
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of stSOMM you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy stSOMM.
Step 6: Store Your stSOMM
After purchasing, you can choose to store your stSOMM in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and stSOMM assets, be sure to use a strong password and enable two-factor authentication.
stSOMM Price:Stride is a blockchain platform that provides liquidity for staked tokens ("zones"). You can use Stride to stake your tokens from any Cosmos chain. With Stride, you can earn staking and DeFi rewards within the Cosmos IBC ecosystem.The price fluctuates daily, you can go to the exchange: Bybitto check the price.
Recommended Similar Coins: WASTR、JNB