Geco.one exchange use 5% of its profits to repurchase and Burn GEC tokens every quarter, with the goal of maintaining its circulation within 21 million.
Users holding GEC tokens can enjoy benefits such as Elite Membership, and up to 100% referral commissions.
Tokenomics | Etherscan | Latoken | Coingecko | Token burning
Tokenomics
Each quarter, we total and burn the GEC tokens used and bought back, reducing the market supply
View Details5% of the quarterly profits from the Geco.one platform will be used for market buyback and burning of GEC tokens, with the goal of maintaining a circulating supply of 21 million GEC tokens.
By Holding GEC token you are giving yourself an opportunity to profit from recommended users. Every recommended trader pays trading fees and depending on the amount of GEC token you are holding in your wallet, you receive assigned affiliation bonus.
This is the breakdown of GEC holdings to qualify for BONUS:
Remember to contact support@geco.one to active higher tier bonus
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*).
