Gecoin (GEC) - a utility token built using the Ethereum ERC-20 protocol - is a vital part of the Geco.one ecosystem. As well as granting users access to a range of features and services on the platform, GEC has a deflationary mechanism built into its core tokenomics to maximise value for holders.
Every time a GEC is used to pay for internal services on the Geco.one platform is burned, permanently reducing the supply.
Geco.one has adopted the ERC-20 protocol standards in the Ethereum Blockchain system for building a utility token called Gecoin (GEC). Its primary purpose is to use the internal ecosystem on the platform and speculation.
Any amount of GEC token used to pay for internal services on Geco.one platform gets burned permanently, lowering the total amount of Gecoins available on the market daily. Thanks to its deflationary tokenomics model, we will observe a rapid rise in the value of the Gecoin over time.
By using the GEC token on the platform, users will pay 20% lower trading fees.
Gecoin's deflationary mechanism means each GEC is burned once it has been used on the platform.
Create a passive income and earn up to 8% by staking four different cryptocurrencies: BTC, ETH, USDT & GEC
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Create a passive income and earn up to 8% by staking four different cryptocurrencies: BTC, ETH, USDT & GEC
Geco.one already offers competitive trading fees, but GEC holders can lower their fees to just 0.032% on all Crypto instruments (a 20% reduction!) simply by using GEC
Every quarter we will total up the number of GEC tokens used on the platform over the preceding three months and burn them. The first GEC token burning event will take place on 12.2021
Enter the tournament and win 1000 GEC tokens or get 50 GEC just for participation
RISK WARNING
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 MARGIN 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 IT'S 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 MARGIN, INCLUDING LOSSES ASSOCIATED WITH THE BITCOIN TRADING WITH MARGIN.
PLEASE NOTE THAT COMPANY IS IN THE PROCESS OF UNDERTAKING A LEGAL AND REGULATORY ANALYSIS OF BITCOIN TRADING WITH MARGIN. FOLLOWING THE CONCLUSION OF THIS ANALYSIS, COMPANY MAY DECIDE TO AMEND THE INTENDED FUNCTIONALITY TO ENSURE COMPLIANCE WITH ANY LEGAL OR REGULATORY REQUIREMENTS TO WHICH COMPANY IS SUBJECT. WE SHALL PUBLISH A NOTICE ON OUR WEBSITE OF ANY CHANGES THAT WE DECIDE TO MAKE MODIFICATIONS TO THE FUNCTIONALITY, AND IT IS YOUR RESPONSIBILITY TO REGULARLY CHECK OUR WEBSITE FOR ANY SUCH NOTICES. ON THE CONCLUSION OF THIS ANALYSIS, WE WILL DECIDE WHETHER OR NOT TO CHANGE THE FUNCTIONALITY OF THE WEB-SITE.PLEASE NOTE THAT COMPANY IS IN THE PROCESS OF UNDERTAKING A LEGAL AND REGULATORY ANALYSIS OF BITCOIN TRADING WITH MARGIN. FOLLOWING THE CONCLUSION OF THIS ANALYSIS, COMPANY MAY DECIDE TO AMEND THE INTENDED FUNCTIONALITY TO ENSURE COMPLIANCE WITH ANY LEGAL OR REGULATORY REQUIREMENTS TO WHICH COMPANY IS SUBJECT. WE SHALL PUBLISH A NOTICE ON OUR WEBSITE OF ANY CHANGES THAT WE DECIDE TO MAKE MODIFICATIONS TO THE FUNCTIONALITY, AND IT IS YOUR RESPONSIBILITY TO REGULARLY CHECK OUR WEBSITE FOR ANY SUCH NOTICES. ON THE CONCLUSION OF THIS ANALYSIS, WE WILL DECIDE WHETHER OR NOT TO CHANGE THE FUNCTIONALITY OF THE WEB-SITE.
