TALLINN, Estonia – Innovative trading platform Geco.one launched its Initial Exchange Offering (IEO) today.
Geco.one is novel because lets users invest with a professional cryptocurrency trader. Any user can select a trader on the platform and let that trader manage their assets. The trader combines the assets with their own trades. The company says since both parties’ tokens are also on the line, there is an element of mutual security.
“We let you to safely invest in the cryptocurrency market using the skills and knowledge of experienced traders,’ said Geco.one CEO Marcin Witus. “We also provide you with all the tools necessary to become a crypto-trader yourself.”
Users can check out the trader’s history of failures and successes and select one who has a good rating. The user also has the option to withdraw their investment at any given stage of the process.
Geco.One calls this flagship service a PAMM account (Percent Allocation Management Module). It also offers a PAMM Portfolio, which is a collection of PAMM accounts. The company says when investors allocate funds across many PAMM accounts, they diversify risk.