What is meant by slippage?

When a market order is placed, slippage is the difference between the expected price and the actual price the order was executed at. Slippage most commonly occurs when markets experience high volatility or when liquidity in order books is too thin to execute trades at the trigger price (Bid/Ask), thus creating a gap in the requested and executed price.

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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*).