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- Geco.one actually going to provide options for 48 different markets, including Forex, indices, and commodities.
- Gecoin is another aspect of Geco.one. It’s a utility coin that uses Ethereum ERC-20 to provide additional features to those who use the system.
- The social trading process known as PAMM is also an option when it comes to Geco.one.
When it comes to trading platforms for cryptocurrency there are a number of different factors to consider. You need to know about the ease of trading, the methods of trading, and of course the different options that are available on the platform. Some are better than others or offer additional options that you won’t find with some of the others. However, if you’re still researching different platforms and you’re not quite sure what to choose, you may want to take a look at Geco.one.
What is Geco.one?
Geco.one is a brand new platform that’s designed to change the trading system for cryptocurrency. It’s actually about more than just Bitcoin and other cryptocurrencies. It’s actually going to provide options for 48 different markets, including Forex, indices, and commodities. And you’ll be able to trade within each of those different markets by using your current Bitcoin. That’s where you’re going to get a whole lot of new options and you’re going to see that this platform is something entirely different that you’ve never seen before.
Versatility — Of course, that versatility is going to be one of the biggest features that you’re going to have. You’ll be able to trade in a range of different platforms and several different ways and you’ll be able to try out new options. If you’re really looking to invest this versatility is going to make it easier to do so and the fact that you can buy, sell and trade within any of these markets using bitcoin that you already have is going to make it even easier for you to get started. All you have to do is decide which areas you want to trade-in.
Customizable — One of the biggest benefits that you’re going to find here, besides the versatility, is the customization. The interface itself is actually customizable to use several different screens in your browser. And you don’t need to download any special applications in order to do it. If you’re a bigtime trader you’re definitely going to love this feature, as well as the algorithmic ordering and the professional charting. Not to mention you’ll have one-click trading and you’ll have an offers market, stop and limit ordering, fast transactions, and one-cancels-the-other orders as well. All of these features make it easy for you to trade the way you want.
Security — The high levels of security that you get with this system are extraordinary and they’re definitely going to help you achieve the results that you’re looking for. You want high-level security because you want your bitcoin to be protected as well as your personal information. With Geco.one 98% of your coins are going to be stored in cold storage. That means they’re fully offline and they’re not available to anyone. There’s also SSL encryption and all sensitive information is stored offline and divided using AES-256. There’s even multi-signature for wallets and you’ll have secure log-in with 2FA.
Ease of Use — When it comes to getting started you can jump right in no time. Setting up an account is easy and even if you’ve never used a trading platform like this before or any trading platform you’ll be able to do so easily. The system is entirely free and there’s no application necessary. Instantly you’ll be able to start trading with all of the different markets that are available through the platform. Not only that but you’re going to have the protections that you would get as a more advanced user as well.
Leverage — Leveraging is simple with Geco.one. You’ll actually have the opportunity for 100x leverage on all of the different assets that are being traded. That makes it easier for you to invest even more and increase the potential for returns that you’re going to get back. Even if you’re just getting started this is going to make it much easier for you to start working in investing and you’ll start seeing why cryptocurrency and trading through these types of platforms is becoming so popular. It’s going to make the whole process easier and more productive for you at the same time.
Negative Balance Protection — You don’t want to lose all of your money and end up owing money in the process. So, Geco.one provides negative balance protection. Every single user gets this, no matter how much you choose to invest or not invest or how active you are on the platform. This will help you avoid owing any money and will make sure that you continue to enjoy using the platform instead. All you have to do is make your investments and sit back to see what happens or you can start to buy, sell and trade your investments around however you like without worrying about losing more than the investment.
Understanding Gecoin
Gecoin is another aspect of Geco.one. It’s a utility coin that uses Ethereum ERC-20 to provide additional features to those who use the system. Not only that but it includes a deflationary mechanism that helps to increase the amount of value that the holders will get. When you use GEC for internal services it’s actually destroyed, which means that the supply continues to shrink. The people who have these coins are able to lower their fees in a number of different ways, including a 0.032% decrease on crypto and a 0.016% on everything else.
Using PAMM
The social trading process known as PAMM is also an option when it comes to Geco.one. You’ll be able to share in profits with other traders without actually having to go through the trading process for yourself. That makes it even easier for you to make money and reap the benefits of different investments without having to take on quite so much of the risk or without having to worry about which decisions and trades you want to make. You can jump in with more experienced traders.
How this works is that you will invest in someone else, who is a more experienced trader than you. When they do well, you’ll get a share of the profits that they’ve earned. This allows you to try out new things and to get a better idea of the system and the way that it works before you’re ready to invest on your own. You’ll also have an option for a portfolio of PAMM accounts that will let you choose the type of risk profile that you want to invest in. You’ll be able to choose a trader who takes a big risk with the potential of a higher reward or one that makes small risks with the potential for smaller reward.
You also don’t have to worry about investing in the wrong people because each of these types of accounts is checked out and monitored to make sure that you are getting an experienced trader to work with. Also, you can see the results of the audits that are performed so you can make sure you’re making a sound investment. While this process isn’t quite ready yet, it’s something that’s planned to take effect early next year, which means it’s something to start saving up toward.
What to Trade
You can trade in just about any type of market that you want with Geco.one. You’ll be able to trade some of the most popular cryptocurrencies, Forex, indices and commodities, which means you’re going to have absolutely no problem getting the kind of returns and opportunities that you’re looking for. You just have to take the time to see where you really want to invest and where you think you can make the best return on those investments. So, you’ll want to do your own research along the way.
Cryptocurrency — You can trade currencies that include Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and XRP. Each of these can be traded 24/7 and will give you the option to leverage up to 100x. That means you’ll have plenty of opportunity to build up your investment and make even more money back without having to invest all of your money at the same time. Which, by the way, you’ll be investing through bitcoin.
Indices — These are available Monday through Friday and only from 22:00 to 21:00 UTC time. That means you need to pay attention to the time when you’re ready to invest. But you’ll have options for the largest stock markets around including the Dow Jones, Euro 50, NASDAQ, S&P 500, DAX HK-HIS, NIKKEI 1000 and FTSE 100. All of these are also available up to 100x leverage.
Commodities — These are available the same hours as indices, Monday through Friday from 22:00 to 21:00 UT. You’ll also have all of the best options available here including XAG, XAU, BRENT, and XRP. All of these also come with the same 100x leverage option.
Forex — With Forex you’re going to have a whole lot of options because there are multiple markets to look at, including the EURO market and the US market. They’re available Monday through Friday from 21:05 to 21:00 UTC. And between these two markets, Australia, New Zealand, and Great Britain you’re going to have a whole lot of features and options to choose from. They’re also available at 100x leverage.
With any of these investment options you’re going to have the ability to get started quickly and you can feel confident that you’re investing in a way that’s going to help you get a bigger return on your investment in the process. All you have to do is figure out where you want to invest first and what kind of leverage you’re willing to take.
Overall Verdict
You can do a lot with this system and you’re definitely going to have a trading platform that is available for you whenever you need it. All you have to do is decide which areas you want to invest in because you’ll have far more options than you’ll get with most types of platforms and definitely with most cryptocurrency-based platforms. Geco.one is going to change the way that people invest and especially people who are looking to start making even more money in the cryptocurrency market.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
