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Gains Network has started operating on the Polygon network. They are currently working on gTrade. It is described as a liquid, robust, and user-friendly trading platform. Additionally, their synthetic architecture aims to make gTrade more capital efficient than all other platforms. They aim to offer lower transaction fees along with a wide range of leverage options.
What Is Gains Network (GNS)?
With Gains, users can leverage up to 150x in crypto and up to 1000x in forex. Users can also benefit from stocks at 100x and indices at 35x leverage. According to the statements, there are four main factors that ensure the smooth operation of the entire system.
Firstly, they have a decentralized vault and liquidity pool. Additionally, they possess a native token with multiple functions and a protocol that aggregates and manages the operation of other facilities. gTrade also includes NFTs that provide specific benefits and incentives to its owners on the platform.
On the other hand, according to the statements, the GNS token is defined as the native and utility token of Gains Network. It also funds the gTrade platform. Once the decentralized governance of Gains Network is officially launched, the GNS token will become a utility token. It will simultaneously act as a store of value for the ecosystem. Currently, it serves as a liquidity efficiency mechanism, allowing Gains Network to maximize its resources and deliver the best possible trading experience.
Moreover, the statements reveal that Gains Network is working on its own DAO. Once the DAO is live, GNS will also function as a governance token. Token holders will be able to make decisions and manage the protocol.
Where to Buy GNS Coin?
GNS Coin can be securely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. On the Binance platform, GNS Coin is traded in the GNS/BTC and GNS/USDT pairs.
To purchase GNS, you first need to register on the Binance exchange. Once the registration is complete, you need to transfer cryptocurrency or fiat currency to your Binance account wallet. After the transfer is completed, you can purchase GNS Coin in any of the three pairs mentioned above. To buy using the GNS/USDT trading pair, you must first navigate to the interface of this pair. In the limit tab of the GNS/USDT interface, enter the desired purchase amount in the specified field. After entering the amount, execute the purchase by placing a Buy GNS order.
