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Gains Network has initiated operations on the Polygon network, focusing on the development of gTrade, a fluid, potent, and user-friendly trading platform. The unique synthetic architecture aspires to render gTrade more capital-efficient than existing alternatives, offering an extensive array of leverages and reduced transaction fees.
What is Gains Network (GNS)?
Gains Network allows users to leverage up to 150x in cryptocurrency and 1000x in foreign exchange markets. Additionally, users can leverage stocks at 100x and indices at 35x. Four principal components synergistically enable seamless operation.
These elements include a decentralized vault and liquidity pool, a multifunctional native token, a protocol that unifies and governs other facilities, and NFTs that endow holders with particular benefits and incentives on the platform.
According to statements, the GNS token serves as Gains Network’s native and utility token, financing the gTrade platform. Upon the official launch of Gains Network’s decentralized governance, the GNS token will assume the role of a utility token, functioning as a store of value for the ecosystem. Presently, it operates as a liquidity efficiency mechanism, striving to optimize resources for the Gains Network and provide the finest trading experience.
Furthermore, Gains Network is reportedly developing its own DAO. Upon the DAO’s activation, GNS will also serve as a governance token, empowering token holders to make decisions and manage the protocol.
Where to Buy GNS Coin?
GNS Tokens can be securely traded on Binance, the world’s preeminent cryptocurrency exchange by trading volume. The GNS/BTC and GNS/USDT pairs feature GNS Tokens on the Binance platform. At the time of writing, GNS Tokens are trading at $10.
To purchase GNS Tokens, one must first register with Binance. Following membership confirmation, cryptocurrency or fiat currency must be transferred to the Binance account wallet. Once the transfer is complete, GNS Tokens can be acquired in both aforementioned currency pairs. To buy from the GNS/USDT trading pair, navigate to the corresponding interface, input the desired purchase amount in the designated field within the limit tab, and execute the GNS Buy order.
