Buy Verified Genesis.Market Account
Buy verified Genesis.Market account from us and get started.
About
Genesis Markets is a crypto broker that offers altcoin trading on the most popular trading terminal in the world — MetaTrader. It also lets you access multiple crypto exchanges within a single Genesis Markets account (as opposed to 15 logins for the varying different exchanges needed).
Genenis Market is a new wallet less market with strict anti scam measures. Uses traditional escrow system. With the availability of all the essential features like pgp 2fa, encrypted messaging and pin authentication for withdrawals gives it a solid position among the competitors.
Genesis Markets caters to crypto and blockchain enthusiasts. It offers competitive order placements that will only execute at your desired price level. In addition, this broker’s GVT wallet utilizes state-of-the-art blockchain software and allows users to enjoy lucrative commission discounts. As is the case with many other brokerage firms, Genesis Markets has its own pros and cons. However, if you are a crypto trader who values innovative technology and advanced order execution tools, this broker is worth considering. To find out more about them, read this article and learn all that you need to know in order to evaluate Genesis Markets yourself.
Account Types
You can open either an individual account or a corporate one through Genesis Markets. Individual accounts are for retail traders who want to invest their own funds. Meanwhile, the corporate account is for companies that want to grow their firm’s capital through trading in the financial markets. Generally speaking, commissions and other trading conditions are the same for both the individual and corporate accounts.
Deposits
In order to make a deposit, you must fund your account via Bitcoin, Etherium, or GVT (Genesis Version). The latter is a blockchain platform that allows you to manage money and trusts. Unfortunately, traders can’t make deposits in fiat currencies, which is far from ideal from those who prefer to hold their funds in cash (such as the USD, GBP, or Euro).
Apart from individual and corporate, Genesis Markets offers 3 account types: Base, No Limit, and Hedge. All of them have the same commissions, access to financial instruments, and trading platforms. The only difference between them is that No Limit and Hedge offer more advanced order execution processes than the Base account does.
Deposit requests are made online through your trading account’s menu. The amount it takes for transactions to process will largely depend on how busy the network is. When there are fewer deposit requests, transfers go through quickly. Genesis Markets doesn’t specify its deposit fees on the website.
Withdrawal Methods
Both deposits and withdrawals must be made via Bitcoin, Ethereum, or GVT. Genesis Markets doesn’t accept transfers in fiat/paper money (such as USD, EUR, and GBP). The minimum withdrawal amount per transaction is 0.44 GVT, 0.002 BTC, or 0.02 Ethereum. Fees are determined by the blockchain system and the most updated transfer costs are available on Genesis Markets’s website. They are 0.22 GVT, 0.0005 BTC, and 0.01 ETH per withdrawal.
You can also transfer money between your different Genesis Markets or GVT wallets. Doing so comes with a 1% charge per transaction, alongside any losses caused by the fluctuations in the exchange rate (as determined by Crypto Compare).
Trading Costs
Because this broker prioritizes executing orders at the desirable level, the costs associated with wide spreads are contained. However, you still have to pay commissions on each trade. If you open a BTC or ETH position, the commission rate is 0.15% the volume. For example, if you invest $10,000 in BTC.USDT, Genesis Markets will charge you $15 (0.15% of $10,000) for that trade. The fee only applies to one side of the trade and you will have to pay another $15 commission when you close the position. The total for each fully completed, round-trip trade is 0.3% of the transaction’s volume.
Visit BuyTechSolution.com To Buy any kinds of Accounts
