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GCrypto: A Full Guide to Cryptocurrency Trading with GCash

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Cryptocurrency trading is gaining traction in the Philippines. GCrypto, accessible via the GCash app, is a platform that supports this. This guide will explore the features of GCrypto, helping users navigate through cryptocurrency trading with GCash.

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What is GCrypto?

The GCash app has a special feature called GCrypto, which is a big step in the digital asset field, especially in the Philippines. GCash and GCrypto are used in various online domains for easy transactions. One of them is online casinos. Our team of professional experts created a list of online Philippines GCash platforms to highlight the growing popularity and widespread usage of GCash, especially within the online casino community. GCrypto provides an easy and simple platform for cryptocurrency trading. It’s easy to start this process by creating a GCash account. Once you have it, you access GCrypto. In GCrypto, you can buy, sell, and learn about cryptocurrencies. It’s user-friendly and accessible for everyone. Trading with GCrypto and PDAX in the Philippines is dependable.

Available Cryptocurrencies

GCrypto provides a selection of cryptocurrencies, enabling users to engage in trading activities. As of now, the platform supports the following digital assets:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether (USDT)
  • USD Coin (USDC)
  • Uniswap (UNI)
  • Chainlink (LINK)
  • Aave (AAVE)
  • Basic Attention Token (BAT)
  • The Graph Token (GRT)
  • Enjin (ENJ)
  • Litecoin (LTC)
  • Bitcoin Cash (BCH)
  • Avalanche (AVAX)
  • Polygon (MATIC)
  • Polkadot (DOT)
  • Axie Infinity Shards (AXS)
  • Smooth Love Potion (SLP)
  • Cardano (ADA)
  • Solana (SOL)
  • Binance Coin (BNB)
  • Stellar (XLM)
  • SushiSwap (SUSHI)
  • Ripple (XRP)

The list of supported cryptocurrencies may grow over time. This will align with market trends and user preferences. So, the expansion of cryptocurrencies could provide a more extensive field for users to explore and engage in digital asset trading.

Provided Options

GCrypto boasts a range of options, aiding users in various cryptocurrency transactions. Here’s a breakdown of the functionalities offered:

  • Top Up and Withdraw from Your GCrypto Trading Wallet: To engage in trading, users first need to fund their GCrypto Trading Wallet. The process involves navigating to the GCrypto dashboard, selecting the ‘Top Up’ option, and following the prompts. Withdrawals follow a similar easy procedure, so users have control over their funds.
  • Buy Crypto: Purchasing GCrypto cryptocurrencies is very simple. Users select the ‘Buy’ option, choose the cryptocurrency they wish to purchase, specify the amount, and confirm the transaction.
  • Sell Crypto: Selling cryptocurrencies mirrors the buying process. Go to the GCrypto dashboard and select the ‘Sell’ option. Then choose the cryptocurrency, specify the budget, and confirm the sale.
  • Send Crypto to Blockchain: GCrypto facilitates sending cryptocurrencies to blockchain addresses. Users select ‘Send Crypto’, input the recipient’s blockchain address and the cost, and then confirm the transaction.
  • Receive Crypto from Blockchain: Receiving cryptocurrencies is equally straightforward. Users provide their GCrypto account address to the sender, and once the transaction is initiated, the received digital assets are reflected in the account.
  • Learn Crypto: GCrypto is not just a trading platform; it’s a learning hub. Users can explore educational resources to broaden their understanding of cryptocurrencies, enhancing their trading experience.

Creating GCrypto Account

Creating a GCrypto account is your first step towards trading cryptocurrencies using GCash. Here’s a step-by-step instruction to create your account:

  • Install the GCash app on your mobile device.
  • Open the GCash app and log in using your credentials.
  • Navigate to the ‘Show More’ section and select ‘Crypto’ to access GCrypto.
  • Follow the prompts to register for a GCrypto account.
  • Complete the necessary user profile details as requested during the registration process.

Managing GCrypto Trading Wallet

The GCrypto Trading Wallet is your hub for all crypto transactions within the GCash app. It’s separate from your GCash wallet but acts as your ledger for cryptocurrency exchange activities.

How to Top Up GCrypto Trading Wallet?

Topping up your GCrypto Trading Wallet is essential for engaging in crypto transactions. Take a look at the steps you should follow listed below:

  • Log in to your GCash app.
  • Navigate to GCrypto and access the dashboard.
  • Select the ‘Top Up’ option.
  • Input the preferred budget from your GCash to your GCrypto Trading Wallet.
  • Confirm the transaction and wait for the funds to reflect in your GCrypto Trading Wallet.

How to Withdraw from GCrypto Trading Wallet?

Withdrawing funds from your GCrypto Trading Wallet back to your GCash wallet is crucial for managing your assets.

Step-by-step guide:

  • Access the GCrypto dashboard via the GCash app.
  • Select the ‘Withdraw’ option.
  • Specify the expense you wish to withdraw.
  • Confirm the transaction.
  • Wait for the transaction to process and check your wallet for the transferred funds.

How to Buy Crypto on GCrypto?

Initiating a GCrypto crypto purchase involves these steps:

  • Access GCrypto through GCash.
  • Select ‘Buy’ to begin a purchase.
  • Choose the desired cryptocurrency.
  • Specify the cost to spend and the cryptocurrency quantity.

How to Sell Crypto on GCrypto?

To sell GCrypto cryptocurrency, follow these steps:

  • Access GCrypto through GCash.
  • Select ‘Sell’ to initiate a sale.
  • Choose the cryptocurrency to sell.
  • Specify the amount of cryptocurrency.
  • Review and confirm the transaction.

What are the Fees?

The fee structure in GCrypto is designed to cover the platform’s operational costs while keeping transactions cost-effective for users. When you top up your account or withdraw from it, there is no need to incur fees. Buying and selling cryptocurrencies from GCrypto includes service and platform fees automatically included in the displayed order prices. Every 10 seconds, GCrypto updates the current live market value of cryptocurrencies in the marketplace​​.

For sending crypto, the fees vary per coin with the paid network fees by the sender. However, receiving crypto is free of charge. It’s important to note that the fees associated with sending crypto might differ because of the network fees of the respective cryptocurrencies​​.

How to Make Transactions of Crypto from Other Wallets or Exchange?

Transacting crypto from other wallets or exchanges to GCrypto is a common practice. Here’s how to do it:

  • Access your external crypto wallet where your cryptocurrency is currently held.
  • Locate the ‘Send’ or ‘Transfer’ option.
  • Enter your GCrypto account address as the recipient address.
  • Specify the expense of cryptocurrency you want to transfer.
  • Confirm the transaction.

Make sure that you have entered the correct GCrypto account address to avoid any loss of funds during the transfer.

FAQ about GCrypto

Is GCash crypto-friendly?

Yes, GCash is crypto-friendly. It facilitates cryptocurrency transactions through its GCrypto feature, allowing users to buy, sell, and hold cryptocurrencies.

How to buy crypto on GCrypto?

To do this, access GCrypto via GCash, select ‘Buy’, choose your desired cryptocurrency, specify the budget, review the transaction, and confirm.

Should I pay for registration on GCrypto?

No, registration is free. However, you need to have a GCash account to access GCrypto.

What is GCrypto Trading Wallet?

The GCrypto Trading Wallet is a separate wallet within the GCash app, dedicated to cryptocurrency transactions. It allows users to buy, sell, and hold cryptocurrencies, separate from their wallet funds.

 

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