Gains Network has begun operations on the Polygon network, focusing on gTrade, a user-centric trading platform designed for efficiency and accessibility. The innovative platform promises reduced transaction costs and offers a range of leverage options, aiming to enhance user trading experiences.
What Is Gains Network (GNS)?
Gains Network allows users to leverage a significant amount in various markets, providing up to 150x in cryptocurrencies and up to 1000x in forex. The platform also supports leverage of 100x for stocks and 35x for indices. These features are backed by four core elements that ensure seamless operation.
How Does GNS Token Function?
The decentralized vault and liquidity pool are pivotal to the system’s success. The native token serves multiple purposes and underpins other operational protocols. Additionally, gTrade integrates NFTs that offer unique incentives for users on the platform.
The GNS token acts as both a native and utility token for Gains Network, financing the gTrade platform. With the anticipated launch of a decentralized governance model, GNS will also serve as a governance token, enabling holders to participate in protocol management.
Key Takeaways:
- Gains Network operates its trading on the Polygon network.
- Users can leverage significantly higher amounts in various markets.
- The GNS token is integral for funding the platform and will provide governance capabilities.
For those looking to purchase GNS Coin, it is available on Binance, the leading cryptocurrency exchange by trading volume. Users must register on the platform, transfer funds, and then can buy GNS Coin using several trading pairs, including GNS/BTC and GNS/USDT.
