Cryptocurrency exchange | |
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Official website | |
Social network | |
Date of foundation | 2017 |
Head Office | Office 29, Clifton House, Fitzwilliam street lower, Dublin 2, Ireland |
Types of support | |
Languages | English |
Founder | Dmitry Nazarov |
Company owner | Genesis Vision LP |
Manager | Dmitry Nazarov |
Minimum deposit amount | Verified Cryptocurrency No limits Fiat Currency
Unverified Cryptocurrency No limits Fiat Currency
|
Maximum input amount | Verified No limits Unverified No limits |
Minimum withdrawal amount | Verified Cryptocurrency No limits Fiat Currency Unavailable Unverified Cryptocurrency No limits Fiat Currency Unavailable |
Maximum withdrawal amount | Verified Cryptocurrency No limits Fiat Currency Unavailable Unverified Cryptocurrency No limits Fiat Currency Unavailable |
Exchange Commission | Trade Commission: 15 % for maker / 15 % for taker Trading volume: Until 30 % for maker / Until 30 % for taker Exchange performance fee: Until 50 % for maker / From profits / Until 50 % for taker / From profits Withdrawal fee: 0.0005 BTC / 0.0005 BNB / 0.00625 ETH |
Terminals | Author's platform, MetaTrader 4, Binance platform |
Age restrictions | From 18 years |
Number of cryptocurrencies | 7+ |
Number of trading instruments | 20+Signals, graphical tools, copying trades, etc. |
Margin trading | Margin trading is available on partner platforms |
Leverage | Until 1:100 |
Tokenized assets | GVT - internal platform token |
Free demo account | No |
Types of accounts | Standart |
Order execution | Market order, Limit Order, Stop Limit Order |
Methods of replenishment | Bank card (Visa/MC), Cryptocurrencies |
Withdrawal methods | Cryptocurrencies |
Account Currencies | Cryptocurrencies |
Types of cryptocurrencies | BTC, ETH, USDT, USDC, et al. |
Mobile apps | There are mobile apps (iOS) |
Trader training | Guides, glossary, blog, knowledge base, instructions |
A way to store cryptocurrencies | Cold: no Hot: no |
Fiat accounts | No |
Scalping | No |
Stop loss and take profit function | Yes |
Possibility to exchange for fiat currencies | No |
Genesis Vision Follow | Copying transactions by subscription |
Investment Programs | Programs similar to PAMM accounts |
Investment funds | Portfolios of assets assembled by traders |
Available assets | Cryptocurrencies, metals, indices, futures, commodities, stocks |
Basic verification | Confirming an email address |
Advanced AML verification | KYC (optional). Identification document required |
Laws regulating activities | |
API | No |
Bonuses | Until 25 % Discount on trade commissions |
Affiliate Program | RegistrationUp to 15% of commissions paid by referrals |
Advantages | Spot and futures trading Private trust management programs Wide range of instruments and asset classes Access to analysis and risk management tools Ability to trade, invest and manage Ability to copy trades Support for popular cryptocurrencies Discounts on trade commissions |
Disadvantages | No online reviews |
Company requisites | Legal name: Genesis Vision LP Legal address: Office 29, Clifton House, Fitzwilliam street lower, Dnublin 2, Irelad |
Overall assessment | 7.2/10 |
Date of update | October 30, 2024 |
Is Genesis Vision a Scam? Complete Review and Real Customer Feedback
Contents
Genesis Vision is a multi-market social trading platform that allows traders to trade cryptocurrencies. Some of the most significant assets in the world are available on the platform. Cryptocurrency exchange offers social trading with copying of successful trading strategies and private trust management programs. The platform was launched in 2017. The main office of the company is located in Ireland.
As part of social trading, users can create their investment programs and funds, earning profits from the assets invested in them by other users. In this review, let’s look at the platform’s features, advantages, and user reviews to understand whether Genesis Vision is a scam or a reliable crypto exchange that offers transparent cryptocurrency trading conditions.
Why Genesis Vision?
Cryptocurrency exchange Genesis Vision expands the possibilities of trading. The platform can copy strategies and signals by subscription. This means that trading becomes available even to beginners. The service offers traders several trading terminals:
When creating an investment program, the user sets the amount of commissions and the duration of the program by himself. Also on the platform, it is possible to invest in ready portfolios of GV Funds.
The Genesis Vision Follow product is available to copy trades on the platform. By subscribing, you can copy trades of successful traders while maintaining full control of your capital. You can use any available asset for all trades on the platform, including GVT’s cryptocurrency token. The token is created according to the ERC-20 standard in the network Ethereum. Token holders receive additional benefits and bonuses.
How to Exchange Cryptocurrency on the Genesis Vision Platform
Cryptocurrency exchange on the Genesis Vigion platform is available during trading or depositing. To exchange cryptocurrencies during trading, select a trading pair and open a transaction. To make an exchange during a deposit, select the selling and buying currency and confirm the transaction. The exchange will be made at the market price.
Verification on the Genesis.vision Platform
For trading on the genesis.vision platform mandatory verification is not required. The user just needs to register an account. Registration requires a name, email address, and password. After registration, confirm the email address and activate the account. Now you can add funds to your account and start trading. It is recommended to activate two-factor authentication to ensure the safety of funds and personal data. By voluntarily completing the KYC process, users can remove restrictions on creating trading accounts and investment programs.
Deposit and Withdrawal
Account replenishment on the platform is available through:
- Deposit from a cryptocurrency wallet. Log in to your wallet. Select the currency of the recharge. Press “+”. Copy the crypto address and paste it into your cryptocurrency wallet. Specify the amount of the transaction. Confirm the transfer.
- Replenishment with a bank card. To buy cryptocurrency with a credit card, select an asset and click the “Buy with card” button. After that, you will be redirected to the Moonpay payment system service. Specify the purchase amount and follow the system prompts.
The minimum amount of deposit via bank card is 20 EUR. Deposit from a cryptocurrency wallet is available in cryptocurrencies BTC, ETH, GVT, USDT, and USDC.
You can withdraw funds only to a crypto wallet. Select the withdrawal currency, and specify the amount and cryptocurrency address. Please note that the platform charges a withdrawal fee. After you make a request, you will receive a confirmation email. Confirm the transaction within 30 minutes.
Commission of the Crypto Exchange Genesis.vision
On genesis.vision, there are several types of commissions available:
- The service’s trading commission is 15% of Binance’s commission for makers and takers.
- Commission for profit – from 0 to 50%.
- Commission per volume – from 0 to 30%.
The platform also charges a withdrawal fee. It is calculated taking into account the cryptocurrency to be withdrawn, for example: BTC – 0.0005, BNB – 0.0005, ETH – 0.00625, etc.
Genesis Vision Bonuses
The platform’s users can earn income through its referral program and enjoy discounts on trading fees.
Discounts on Trade Commissions
Discounts on trading commissions are available to GVT token holders. The size of the discount depends on the volume of coins held:
- From 1 GVT to 25 – 5%.
- Up to 50 GVT – 10%.
- Up to 100 GVT – 15%.
- Up to 500 GVT – 20%.
- From 500 GVT – 25%.
You can also get a discount on the profit commission when you hold an internal token. A discount of 1% is charged for each 1,000 GVT.
Referral Program
On genesis.vision, a two-level referral program has been implemented. Invite traders to the platform and get up to 15% of commissions for first-level referrals and up to 1.5% for second-level referrals.
Complaints About Genesis Vision
Unfortunately, we were unable to find any actual reviews of the Genesis Vision cryptocurrency exchange. If you have had experience using the platform, please write your review below.
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Genesis Vision Regulation
Regulation of a cryptocurrency exchange is a guarantee of transparent conditions, fixed commissions, and safety of traders’ assets. Let’s take a look at how Genesis Vision cryptocurrency exchange is regulated.
Regulator
The cryptocurrency exchange is operated by Genesis Vision LP. The company is officially registered in Ireland and its activity is regulated by the legislation of this country. Documents genesis.vision:
User Agreement
Following the user agreement, registration on the platform is available to persons over 18 years old. By agreeing to the user agreement, you guarantee the performance of all the requirements of the service administration as set out in the contract. The platform does not provide users with financial services but only serves as an intermediary between the users of the site and the partners of the platform.
The relationship between the service administration and users is governed by the laws of Ireland. All claims that could not be resolved in the course of pre-trial proceedings will be considered in the courts of the Republic of Ireland.
Customer Service
On the Genesis Vision platform, the trader will find all the necessary information. Such sections as FAQ, Knowledge Base, Glossary, Guides, Blog, and AML Guides are available for self-study of the exchange basics. If you need to consult with the support team, you can use the following communication channels:
- E-mail: [email protected]
- Online chat on the website
- Telegram
Is Genesis Vision a Scam?
Genesis Vision is a multifunctional social trading and trust management platform. The platform has been operating since 2017, offering clients spot and futures trading. The service is managed by a company officially registered in Ireland. Having analyzed the service’s operation, legal information about the company, and the platform’s capabilities, we concluded that Genesis Vision is not a scam. The company has been working steadily for 5 years and has responsibly fulfilled its obligations to its clients.
Conclusion
Genesis Vision is not just a cryptocurrency exchange. The platform is suitable for both new traders and professionals. You can place your assets in trust management or create your investment program on this platform. For novice traders, there is an option to copy trades while maintaining full control of your capital. And if you buy platform tokens, you can get discounts on trading commissions and additional bonuses. Register on the crypto exchange website for 5 minutes and start earning from trading popular assets.
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