What does deflationary tokenomics mean?

GEC token has deflationary tokenomics (token economy) designed to stimulate the growth of the GEC token’s value over time.

Each quarter, we add up all the GEC tokens used on the platform and the tokens bought from external exchanges (where GEC token is listed) by Geco.one, and permanently burn them. This reduces the number of available GEC tokens on the market.

The total amount of tokens created is 173 105 106 GEC. The first burning took place on December 28, 2021. we add up all the GEC tokens used on the platform and the tokens bought from external exchanges (where GEC token is listed) by Geco.one. For GEC, the goal of coin-burning events is to gradually reduce its total supply until it’s under 21 million GEC ( around 12.12% of the total initial supply of 173105106 GEC).

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Frequently asked questions

What is Geco.one?

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.

Which Markets are available?

Trade most popular cryptocurrency/USD pairs. You can find a detailed list of all available instruments and trading pairs here.

How to start trading?

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*).

Investing is risky, do so at your own risk, and we advise people never to invest more money than they can afford to lose. Before trading with derivatives, you should carefully consider the terms and conditions of this website, to the extent necessary, consult an appropriate lawyer, accountant, or tax professional. If any of the following terms are unacceptable to you, you should not use the website. To the extent permitted by law, you agree not to hold any of the company, and its respective past, present and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected, to the bitcoin trading with derivatives, including losses associated with the bitcoin trading with derivatives.

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Please note that the company is in the constant process of undertaking a legal and regulatory analysis of bitcoin trading with derivatives. Following the conclusion of this analysis, the company may decide to amend the intended functionality to ensure compliance with any legal or regulatory requirements to which the company is subject. We shall publish a notice on our website of any changes that we decide to make modifications to the functionality. It is your responsibility to regularly check our website for any such notices. At the conclusion of this analysis, we will decide whether or not to change the website's functionality.

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Geco.one is a trading exchange for crypto - products. Geco.one is operated by Analemma Technologies, s.r.o., registered in Slovakia, holds license number 55 666 876 to provide cryptocurrency wallet services and virtual currency (cryptocurrency) exchange.