The first and primary use of the GEC token is, of course, active trading, just like with any other available cryptocurrency on our platform. Through active participation, you can increase the value of your wallet.
The second option for using GEC is to obtain an elite membership. This gives you access to staking BTC, ETH, GEC, and USDT. By acting passively, you can earn up to 8% over a 360-day period. The second added value is a 20% reduction in transaction fees. You can find here more information regarding staking and elite membership.
Launched in August 2020, Geco.one is a Crypto Margin Exchange that offers access to the top Cryptocurrency pairs. You can create a limitless number of trading accounts from one Geco.one main account.
Trade most popular cryptocurrency/USD pairs. You can find a detailed list of all available instruments and trading pairs here.
To start trading, first, you need to fund your account. There are two ways to fund your account:
1. You can directly send BTC, ETH, XRP, USDT, USDC and GEC from your personal wallet to your Geco.one wallet secured by BitGo.
2. Alternatively, you can deposit funds (BTC) through a 3rd party service available in the dashboard - Coinify, which allows you to purchase BTC, ETH, USDC, USDT and sell BTC using a credit or debit card (KYC verification required*).