/biz/ - Business & Finance

>>51540529
how much leverage is allowed?

>>51540557
its 150x for crypto and stocks and up to 1000x for forex
been abusing the fuck out of it kek

>>51540529
or just use Binance like every other normal person instead of using a jeet platform

>>51540589
>jeet platform
gains network paid out luna shorters during the terra collapse.

>>51540589
fucking normal fag
enjoy getting KYCed. they literally have your passport and every single detail about you you dumb faggot
nevermind the fact that a lot of countries can use leverage on Binance
DeFi is unironically the real place to make actual in the market
GOD BLESS DAI

>>51540529
$16 billion from bots

>>51540634
i literally used GNS today and a lot of famous traders use it as well as there isnt any other reliable defi trading platform with this much leverage
bizfags are so pressed whenever they see impressive numbers

>>51540617
based
The absolute state of normalfags in crypto
considering the number of Monero cucks on this board i thought i wouldnt see comments like >>51540589

>>51540529
it slow af and misses stops / tps all the time, even entries suck niggerdick due to it being slow

>>51540705
>he actually thinks the monero threads are genuine and not made by one single person every single day

>>51540529
>why did you still not use Gains Network for derivatives trading anon?
Because it's a predatory platform

>>51540734
i never encounter these
my main issue is that im a dumb fucking nigger that wont make it
anytime i long everything dumps
anytime i short everything pumps
i want to die and end it all

>>51540781
why?

>>51540529
Are there any other leverage platforms like this?

>>51540529
because i understand how past participles work.
shoo, currry peddler

>>51540976
look up the stats
obviously no one cares about your opinion. numbers dont lie

>>51540976
Both MATIC and GNS have been top performers the past months. What are you even talking about?

>>51540966

vela exchange will come out soon

>>51540529
>12m in fees
>6k total traders

This is either bullshit or each trader have paid 2k $ in fees. I suspect the fees generated is horsecrap inflated by fake ponzinomics. SNX is at the very least open about its inflation and will likely explode after expanding with the release of CCIP.

>>51540529
>$16 billion
how do these trading platforms put up these numbers?
this has to be fake

>>51541223
fees are usually higher the more leverage you you put in and Gain Network offers some crazy levels of leverage to play with (this comes at risk of quick liquidation though)
also 6k is pretty impressive but its not mind blowing. its just better than average
>>51541242
again, the number is this high cause of leverage

>>51540529
i boughted

>>51541378
anon dont forget pic related as well

>>51541405
dumb jeet, arbitrum gonna get all the volume

>>51541426
arbitrum is fucking trash
They're slower, more expensive, and have no real ecosystem
its no wonder no one fuck uses it

>>51541524
>its no wonder no one fuck uses it
youre fucking delusional

>>51540936
There're 3 major things that feel scammy with gtrade:

1. There's no gradual mechanism to step into/out of a position. They said they are 'working' on partial TP/adding position for a year already but keep delaying it. Meanwhile other platforms, even with 1/10x of gtrade volume have it since eons ago
No way to manage risk -> this is more of a gambling platform than a trading platform (and before some smartass says something abt 3 positions/pair, no that's not how you manage a trading position lol).
Why do devs keep delaying it?

2. They proudly shows their fee is the lowest of all platform, but it doesn't show how much 'spread fee' you need to pay upfront in USD, just in percentage (at the same time spread fee consist of ~50% of the fee you'll pay).
-> Misleading information

3. When you set an OPEN limit order, the price shown IS NOT the same of the price the bots will execute (the bot will execute at the price shown+spread fees).
When confronted with it, the dev (seb) only said "yeah I can see that it might be confusing, we will make it better". That's 4 months ago.


The kind of people you should be wary of is like this. Present to you a great product and sweet words but conspiring to stab you in the back.

>>51541539
kill yourself nigger
its not even a competition at this point. its just embarrassing

>>51541545
And what's more scammy is, if you post this concern in their tg, someone named brian, venusky, and other names I forgot will suddenly show posting unfunny memes, burying the conversation.

>>51541545
but people are still making a shit ton of money off of it so who the fuck cares?

>>51541545
I agree with points 1 and 3. Still, I like gtrade and the trade pairs that it offers. What would be a better alternative for it that doesn't require KYC?

>>51541771
thats literally what i was just thinking
yeah it might have some flaws but the perks outweigh them
i dont think theres any other non kyc platform that delivers a better service honestly
>>51541557
nice

>>51541733
Read the op again, retard, the question is "why did you still not use Gains Network" not "why havent you invest in this shit". I trade, not invest. I don't care about your metrics of "muh volume"

>>51541771
Actually point 2 is the most scammy of all because the information is there but presented in a confusing way. Hell, you can even hire a 12 yo html code monkey to add that information on the page in one single coding day. Why they haven't is actually the question you should ask yourself.

>What would be a better alternative for it that doesn't require KYC?
Nope I wont tell you because they will then attack me for shilling in their thread.

Just a hint. The question you should ask is this: "what other dex platform besides gtrade that doesn't implement partial TP"? Surprisingly none.
That's why I said gtrade is predatory.
There's no point trading in "this awesome trading platform with 'no scamwicks' or 'lowest fee' or 'biggest pairs offered'" if you are not allowed to manage your trading risk in the first place.

>>51540674
>as there isnt any other reliable defi trading platform with this much leverage

Kek, use Tigris.trade faggot

>>51540734
Tigris.trade never miss a sl/tp because of its architecture, read docs.tigris.trade

>>51541949
literally no one knows or wants to know about this shit
opinion not needed

>>51541964
devs need to get rid of this nigger

>>51541943
They're already attacking you in this thread. I don't understand being secretive about alternatives. I don't even have a stake in the GNS token anymore because I dumped all of them after their front end was offline for half a day.

>>51540966
Tigris.trade
>>51541545
Tigris has partial position closing, add to position is coming so soon (already implemented in contracts)
No spread, no price impact, limit/sl/tp are guaranteed
Also your position is minted as nft that can be used on other platforms like to be used as collateral, Tigris is superior.
Just check docs.tigris.trade

Tigris is still in the early stage, give it a few months.

>>51541971
stfu midgy

>>51541988
well fuck it then.
For better or worse, DYDX is still the best for non-kyc trading.
Mango is good and fast because it's on Solana. But then, "it's Solana"
GMX is good if you can stomach Arbi
If you're stuck on Polygon but like GMX, MadMex is an alternative, but their liquidity just got drained recently.

>>51542029
>Tigris has partial position closing, add to position is coming so soon (already implemented in contracts)
Heard of tigris on gns tg, never tried it, but if this true then it's fucking hilarious. Because I remember seb said that Tigris is copying GNS code and basically is a GNS clone.

Now, the supposedly clone has implemented partial closing but somehow Gtrade doesn't? If it's true then gtade doesn't implement partial tp because it's a hard thing to do, but because they just don't want to.
Fucking predatory platform gtrade is. Might try tigris just to spit on gtards holder lmao

>>51541943
>>51541949
>>51541964
>>51542029
>>51542043
>>51542297
i love how low effort this is
at least try harder to disguise the fact that all of these replies are the same person

>>51541988
See, this is why I hate talking about other projects.

>>51542334
Then disprove my points >>51541545 instead of strawmanning.
The bottom line: gtrade is predatory. simple as

>>51542371
bottom line is, gtrade is the technically the best out there and the numbers prove it faggot
how many rupees per hour are you getting paid to shill these shit platforms that literally no one has ever heard of?

>>51540529
Ok I'll bite.
>is it kyc
>can burgers use it with vpn
>where is the team from
>how do their price oracles work. Do they get scam wicks often? How about on low liquidity pairs?
>how bad are their fees
>do they have advanced orders
>why should I use this instead of dydx

>>51542297
I'm familiar with DYDX but I stay away from it because it restricts trading in some countries. Likewise I stay away from Solana or anything that SBF has his grubby jew hands on.
I'll check out GMX, and MadMex. I appreciate the suggestions, mate. Better explanation than that other guy who keeps spamming his dex that only has 5 trading pairs and one of them is LINK lmao

>>51542438
DYDX niggers shilling in a GNS thread cause they're banned from creating threads from their shithole countries they live in
top kek mwah

>>51542449
If trading pairs offered is your focus then I can suggest to you pancakeswap futures. The UI is much like Binance and has TONS of trading pairs, even bigger than gtrade for crypto.
Also up to 200x leverage on BTCUSDT.

And BSC is much better performancewise than Polygon.

>>51542548
I'm not specifically after lots of trading pairs but rather different markets. My type of trading just works better with stocks than it does with altcoins. There have also been promises of commodities trading pairs on GNS, though it's obvious a lot of updates or improvements are promised but haven't been realized (yet). Good thing the decentralized derivates market is growing so even if GNS doesn't improve from here it'll get usurped and surpassed eventually.

>>51541524
wait, than polygon? lmao! transactions are WAY faster. polygon is fucking shit. and fees are down to 4-5 cents now.

>>51542297
kek I remember when Seb was talking about Tigris and said it's a fork just because the founders are gns OGs
Tigris has much better architecture that is totally different from gtrade's, gns pays price oracles about $10k per day kek, oracles in Tigris don't even pay for gas as they just sign the prices
Positions on Tigris don't wait for callback transaction from oracles which makes it much faster and never missing a trigger

>>51542416
>thinking gtrade is the best just because it has more volume

Keeeek

>>51541557
Funny that ORE is not even on the despite the fact that it's got over 200k registered users on its ID management protocol.

>>51541378
You did well

>>51541936
Well, have you checked decentralized identities and the protocols with a focus on it

>>51542548
you’ve got to be fucking kidding me…
BSC is a shitchain that’s a literally copy of what Ethereum is.
no wonder only shitcoins build on it
Polygon has an actual meaningful and thriving ecosystem with partnerships with some of the major names and brands in the world. Its fastest, cheaper and EVM compatible