Good Crypto (GOOD)

GoodCrypto is a top-tier CEX trading terminal and portfolio management app expanding with the non-custodial DEX trading platform goodcryptoX launch.

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Interest lvl

Medium

Updated: Aug 15, 2024

Learn more about our rating

User Rating

Medium

3/5 • 1 votes

Ticker

GOOD

Type

Utility-token

Token standard

ERC-20

FoundedUkraine

Registration countryUkraine

Registration year2019

Launchpads

Magic Square

What is Good Crypto

GoodCrypto is one of the leading trading terminals and portfolio management apps on the market, boasting over 200k registered users and 36 CEXs supported. In 2023, the app has expanded into DEXs and DeFi realm by launching goodcryptoX.

goodcryptoX is a pioneering non-custodial DEX trading platform that revolutionizes DEX trading with the help of ERC-4337 Account Abstraction, Smart Contract Wallets, and that is fueled by its native utility token, $GOOD.

$GOOD serves as a versatile asset within the goodcryptoX DEX trading platform, providing numerous benefits for its holders:

• Trade Mining: You can earn $GOOD tokens by actively trading on the goodcryptoX platform.
• Governance: As a $GOOD token holder, you have the power to vote on what features and new exchanges should be added to the platform.
• GOOD Vault: Staking $GOOD tokens in the GOOD Vault can earn you yields in $GOOD tokens and other partner tokens.
• Subscriptions Discount: Staking $GOOD tokens can lead to significant discounts of up to 100% on goodcryptoX subscriptions, depending on the amount of coins staked.
• DEX Trading Fees Discount: Use $GOOD tokens to reduce trading fees when using DEX conditional orders, trading bots, and order routing.
• Referral Program Bonus: The more $GOOD tokens you stake, the larger your payouts in the referral program.
• And more.

In addition, $GOOD tokens play a crucial role in shaping the platform\'s economics and value creation: 25% of subscription and exchange rebates revenue is distributed as $GOOD staking rewards. To manage the token supply, 50% of fees from DeFi functionality are automatically burned, ensuring the deflationary nature of $GOOD tokens. Fees paid in other tokens are converted into $GOOD tokens on the open market, enhancing utility and demand for $GOOD.