Review on Gatechain Token by ismail karasahin
Long-Term Coin Backed By an Exchange
Gatechain token is the stock market token of a China-based cryptocurrency exchange with a very wide portfolio.
It is a coin that has the trust of people because it is supported by a stock market, and at the same time, its value is constantly protected by various events held by the stock market, and in this way, it is a coin that usually makes its investors happy.
Another feature that keeps its value constantly increasing is that people get the right to win pre-sale tokens with start-up projects in return for holding this token. This allows investors to hold for a long time by hodling instead of trading, thus maintaining its value.
As for its negative features, the most problematic part is that it is an ERC-based altcoin, as in many other altcoins, so the transaction fees are quite high, so it is a very troublesome altcoin during transfer.
As a result, while it is a good option for investors who want to earn by long-term hodl and participate in start-up projects, it is not a good option for investors who make short-term trading or arbitrage earnings.
Pros
- It retains its value as it is an exchange token
- Suitable for long-term investors doing Hodl as it is supported by start-up projects
Cons
- The transaction fee is high as it is based on ERC
