Question 1

What is Genesis Vision?

Accepted Answer

Genesis Vision is a multimarket social trading platform that provides a wide variety of opportunities for both traders and investors, including:

Trade Cryptocurrencies, Forex, Metals, Stocks, Indices and Commodities on any brokerage/exchange within the Genesis Vision partnership network
Create and manage asset management Programs or Funds
Provide copy trading signals with GV Follow
Invest in Programs or Funds
Copy successful trading strategies with GV Follow

Question 2

What is this platform for?

Accepted Answer

Genesis Vision helps traders monetize their skills while providing a wide variety of investment opportunities. Our clients can be both traders and/or investors on our platform.

If you are already familiar with trading, you can create your own asset management Program or Fund and attract investors to join. You can also create a signal trading account so other users can subscribe and copy your trades.

If you are an inexperienced trader, you can practice trading on your personal trading account and/or copy trading strategies of Follow Leaders, or you can choose any Program or Fund to invest in.

Question 3

What assets can I trade?

Accepted Answer

Through our partners and liquidity providers, Genesis Vision traders and managers have a wide variety of assets available for trading. Users can trade:

Forex
Crypto (including all Binance and Huobi assets)
CFD
Stocks
Metals
Indices
Commodities

Question 4

Where can I invest?

Accepted Answer

If you don’t want to trade, you can invest your money in Programs and Funds under the management of Traders. Because of the transparent nature of the Genesis Vision platform, you can always keep track of your capital investments.

Question 5

Which trading terminal can I use for trading?

Accepted Answer

For trading you can use:

GV Trading terminal
MetaTrader 4
Exante Trading Terminal
Binance
Huobi

Question 6

Does Genesis Vision have mobile apps?

Accepted Answer

Yes, we have an iOS application and an Android application.

Question 7

How do I create a Genesis Vision account?

Accepted Answer

To become a Genesis Vision client, you need to register on our website or the Genesis Vision app (download the Android or iOS app).

Question 8

What currencies can I deposit into my Genesis Vision Wallet?

Accepted Answer

You can deposit using one of the following cryptocurrencies: BTC, ETH, GVT, USDT or USDC.

Question 9

Can I deposit with a credit card?

Accepted Answer

Yes, you can deposit BTC, ETH, USDT or USDC directly into your Genesis Vision account using your credit/debit card through our payment processor MoonPay. It holds the transaction in EUR and then converts to the cryptocurrency you choose to deposit. The option «Buy with card» can be found in your wallet.

Question 10

I haven’t received a confirmation email after a successful registration. What should I do?

Accepted Answer

Please check all folders in your inbox, including the spam folder. If it’s not there, please contact our support team: support@genesis.vision.

Question 11

Does Genesis Vision have a KYC procedure?

Accepted Answer

Without KYC you can:

Deposit and withdraw crypto without limits
Exchange cryptocurrencies
Create crypto trading accounts
Create Programs (with a maximum investment amount equivalent to $1,000) and Funds
Bind your external trading account and use copy trading functionality (Follow)
Invest in Programs and Funds up to $1,000 in total

After you pass KYC you also can:

Create Forex trading accounts
Invest in Programs and Funds without limits
Attract investments in your Programs beyond the KYC limit

Our KYC solution is provided by Sum&Substance

Question 12

Does Genesis Vision have a referral program?

Accepted Answer

Yes, Genesis Vision has a two-level referral program. You can find the referral link in your personal account menu.

Information about your own referral accounts can be found there as well.

Referral program rules you can find here

Question 13

How can I secure my account?

Accepted Answer

Genesis Vision highly recommends securing your trading account with two-factor authentication. You can enable two-factor authentication in your profile security settings.

Question 14

What do I do if I forgot my password?

Accepted Answer

When you sign in, you can click the forgot your password link and enter the email address you have used to create an account with us. You will receive an email with a link for resetting your password.

Question 15

Can I close my account?

Accepted Answer

If you wish to close your account, please send a request using the email address you have registered your account with to our support team: support@genesis.vision. They will review your request within 24 hours.

Question 16

What is a Genesis Vision Program?

Accepted Answer

Programs are similar to PAMM accounts. A trader creates an investment program, where he sets the fees and the duration of the reporting period (up to a maximum of 90 days).

Once a Program is created, the trader can start trading as they normally would with their personal trading account.

Investors then make an investment request which will be processed at the beginning of each period (note that traders can manually close a period at any time).

The manager trades with his own and investors’ cumulative balance. Profits or losses are equally distributed among the investors based on their share of the Program (note that an investor’s request to withdraw their capital from a Program can only be executed at the end of each period).

Question 17

How to choose a Program to invest in?

Accepted Answer

Click on Invest > Programs. Choose the Programs that fit your investment profile by using the various filters (currency type, risk level, trading history etc.) and key performance indicators - age of the Program, equity, drawdown, leverage, fees, stop out level, Sharpe ratio, Calmar ratio, Sortino ratio.

Question 18

What is the base currency of the Program?

Accepted Answer

Genesis Vision Programs can have different base currencies that allow traders to operate in different markets. If you don’t have the base currency that a particular Program requires you to have, you can choose any currency from your wallet to deduct the funds from during the investment process. Conversion of your funds to the Program base currency occurs instantly. Alternatively, you can exchange currencies within your wallet before investing in a Program.

Question 19

How do I Invest?

Accepted Answer

To invest, you first need to deposit currency into your wallet. After topping up your balance, you can invest in Programs and Funds by clicking the Invest button on the page of the particular investment product you wish to use.

Question 20

When will my investment request in the Program be accepted?

Accepted Answer

Investment requests in Programs are automatically processed at the beginning of the reporting period. A trader may opt to end their reporting period manually to force accepting pending investment requests, however, this is at the discretion of the trader.

Question 21

Can I cancel an investment request?

Accepted Answer

Yes, you can cancel your investment request unless it’s already processed. You can cancel it from the dashboard section or directly on the Program page.

Question 22

What are the fees?

Accepted Answer

There are two fees the trader sets for their Program:

Management fee - the commission that is paid to the manager by an investor for the actual asset management period. Management fee is defined in annual percentage and is charged at the end of each reporting period.

Success fee - the commission charged from the profit. It is calculated as a percentage of the profits earned over a certain period. If there is no profit, then there is no success fee charged.

Besides the trader’s management and success fees, there is also a platform GV commission of 0.5% charged on any new investment and a 10% platform success fee from the profit of the Programs. All success fees are subject to the High-Water-Mark system. Note that you can reduce the platform success fee by holding GVT in your wallet. For every 1,000 GVT stored in the wallet, investors receive a 10% discount up to a maximum discount of 100% (i.e. an investor holding 1,000 GVT will only pay a 9% platform success fee, whereas an investor holding 10,000 GVT will pay no platform success fee).

Question 23

When will I receive my profit from the Program?

Accepted Answer

Distribution of the profit is at the end of the reporting period.

Question 24

What do I do if I am not happy with the Program?

Accepted Answer

If you are not happy with your current investment, you can always request a withdrawal from the Program. You can withdraw a certain amount or choose the “Withdraw all” option if you want to withdraw all your funds. Processing of your request will occur at the end of the Program’s reporting period.

Question 25

How do I withdraw my investment from the Program?

Accepted Answer

You can withdraw your investment on the page of the Program you have invested your funds in. From there you will see the Withdraw button in the investing section. Alternatively, you can also withdraw your investment from the dashboard.

Question 26

What happens to my investment when the reporting period ends? Will it reinvest, or will the investment return to my wallet?

Accepted Answer

It depends on whether you have the reinvestment trigger switched to “on” or “off.” You can enable or disable reinvestment on the page of each Program. If you have, reinvesting turned “on”, then all the profits at the end of the reporting period will be reinvested into the same Program. If you have, reinvesting turned “off”, all profits are paid in GVT at the end of the reporting period and transferred to your wallet. The initial investment stays in the Program in both cases until you withdraw your investment from the Program.

Question 27

What happens if a trader closes his Program?

Accepted Answer

If a trader closes his Program, all of the invested funds remaining in the Program are returned to the investors.

Question 28

What is a Program reporting period?

Accepted Answer

The reporting period is the interval of time in which the trader is to conduct trading operations of their Program and report the resulting profit or loss.
Investments made by the investors appear on the Program balance at the beginning of the reporting period, while all of the resulting profit is distributed at the end of the reporting period. When a trader creates a Program, he can select the duration of the reporting period by himself.

Question 29

What happens at the end of the reporting period?

Accepted Answer

At the end of each reporting period (either after the set interval or forced by the manager) the following operations are performed:

All manager’s open positions are closed
Profit/Loss calculated and distributed
Manager and platform success fees are charged
Investment and Withdrawal requests are processed

Question 30

What happens when the period of the Program ends and I still have open trades?

Accepted Answer

All the open trades get automatically closed at the end of the period. If it is a Forex Program and the reporting period ends during the weekend, the period will be closed on the following Monday, as soon as the Forex market opens.

Question 31

What is a stop out?

Accepted Answer

A stop out is a compulsory closing of positions at current market prices when a loss reaches the stop out level. The period is automatically closed, and all investments are distributed to investors minus the loss.

Question 32

How do I create a Program?

Accepted Answer

You will first need to create a private trading account. You can do that in the Trading section on the platform. Once this is created, you can upgrade your private trading account to either: Program or signal account (Follow). Now your trading account is public and can attract investments or followers.

Question 33

What should I write in the Program description section?

Accepted Answer

Try to keep your Program description as professional as possible. It is good practice to mention your trading experience and describe your trading strategy.

Question 34

Can I edit my Program after I have created it?

Accepted Answer

Yes, you can change the details of your Program even after you have created it. It is possible to change the name of the Program, description, fees, stop out level, broker/exchange, investment limitation, trades delay and avatar. Please note that you cannot change the period duration once you have created the Program.

Question 35

What is trades delay and how it works?

Accepted Answer

Trades delay option allows managers to delay the public display of their trades and open positions to protect their trading strategies. The following options are available:

Without (trades appear in the list immediately)
5 minutes
15 minutes
30 minutes
1 hour
6 hours

Question 36

How can I accept an investment request?

Accepted Answer

Investment requests are accepted automatically at the beginning of each period. Alternatively, you can manually reset your period to accept pending investment requests.

Question 37

How do I change the fees after I have created my Program?

Accepted Answer

You can change the fees after you have created the Program. They can be changed in the Program settings. The new fees will only affect investors who make investment requests after you have made the change.

Question 38

Can I limit the investment amount to my Program?

Accepted Answer

Yes, you can set a maximum investment amount for your Program. You can change this after you have created the Program. The investment limit can be set in the Program settings.

Question 39

Can I close a Program?

Accepted Answer

Yes, you can close your Program. It can be done in the Program settings.

Question 40

Can I create more than one Program?

Accepted Answer

Yes, you can create an unlimited number of Programs.

Question 41

How much money from investors can I attract for management?

Accepted Answer

The amount of funds available for investment in each particular Program depends on several factors:

The age of the Program
The manager’s balance
Trading volume and success of the trading manager

You can get the exact number by using the calculator available on the Program’s Settings page.

Question 42

What is a Genesis Vision Fund?

Accepted Answer

GV Funds are asset portfolios, assembled by traders.

To create a Fund, you can choose any number of assets and set their target, which is an initial percentage allocation (the manager decides the total weight of each asset in their portfolio). When you invest in a GV Fund, you purchase all the assets included in the Fund in the defined proportions.

Once you decide to cash out, all of the purchased assets are sold according to the current market prices, resulting in either profit or loss based on the price difference.

Question 43

How do I invest in a Fund?

Accepted Answer

Investing in a GV Fund is very simple. Once you have chosen a Fund that suits your strategy, click the Invest button. You can invest in a GV Fund with any currency in your wallet.

Question 44

Do I need to wait for my Fund investment request to execute, or is the investment instantaneous?

Accepted Answer

When you invest in a GV Fund, your investment is accepted instantaneously. The same goes for withdrawals.

Question 45

What are the target and current percentages, and what do they mean?

Accepted Answer

Because of the changes in the price of the underlying assets included in the Genesis Vision Fund, the proportion of the allocated funds may change. The desired percentage selected by the trader is called Target, while Current shows the current allocation of Funds. Rebalancing of the Funds occurs automatically every three days to meet their target allocation values.

Question 46

What are the Funds fees?

Accepted Answer

There are two fees that the trader sets for their Fund:

An entry fee is charged from the amount you are investing in the Fund. (with the maximum fee being 10%).

An exit fee is charged from the amount you are withdrawing from the Fund. (with the maximum fee being 10%).

Besides the trader’s entry and exit fee, there is a Genesis Vision commission of 0.5% charged from every investment in Funds.

Question 47

What are the benefits of creating a Fund?

Accepted Answer

To set up a Genesis Vision Fund, there is a requirement for the trader to invest 50 GVT (or an equivalent amount of BTC/ETH/USDT/USDC) of their own funds. Once the Fund is created, the trader will profit from the Fund on the same basis as their investors, with additional profit coming from entry and exit commissions.

Question 48

What is the best way to choose a suitable Fund?

Accepted Answer

Pay close attention to all the data provided.

We need to warn you that most of the ratios cannot give you sufficient information regarding the performance of the Fund for at least the first three months of its history. Always pay attention to the Fund’s chart and its overall structure.

Question 49

How do I create a Fund?

Accepted Answer

To create a Fund:

Click “Create Fund” button in the dashboard.
Fill the required fields: Fund name, description and logo.
Set the assets allocation. Please note that there is a mandatory minimum of 1% GVT allocation per Fund.
Set up Entry and Exit fees for investors.
Choose the currency and amount for the initial deposit. The minimal initial deposit is an equivalent of 50 GVT.

Question 50

What changes can a trader make to their Fund?

Accepted Answer

The trader can reallocate 3% of their Fund per day (cumulative). Example: you can change 30% of the Fund's allocation after 10 days.

Apart from that you can always change fees values as well as title, description and avatar.

Question 51

Can I close my Fund?

Accepted Answer

Yes, it’s possible to close your Fund. In this case, your own funds are withdrawn and Fund becomes unavailable for new investments. Existing investors can keep their money as long as they want. Withdrawals from the closed Fund are not subjected to exit fee.

Question 52

How is the profit of a Fund calculated?

Accepted Answer

When you invest in a Fund, you purchase all the underlying assets included within it. The profit is received from the organic price growth of the assets in the Fund. Once the price of the assets goes up, so does the price of your share (or unit). When an investor withdraws their investment, all their funds held within the Fund are sold, and the resulting balance is withdrawn to their Genesis Vision wallet.

Question 53

Why is the withdrawal amount reflected as a percentage?

Accepted Answer

Withdrawal from Funds is made as a percentage because it is almost impossible to calculate the exact investors share upon the time of withdrawal. This is due to all the underlying commissions and conversions that take place upon submission of the trades to the selected withdrawal currency.

Question 54

What is Genesis Vision Follow?

Accepted Answer

Genesis Vision Follow is an innovative copy trading product. It allows you to copy trades opened and managed by another trader while keeping control of your capital. You can find Follow in the Invest section. To subscribe to the trades, you need to choose a Follow account, and Genesis Vision will automatically copy the trades to your account. You will have control over the trades and you can close them whenever you want. You will also be able to unsubscribe at any moment to stop copying the trades.

If you wish to create your own Follow account, you will need to create a private trading account first. After that, you can upgrade it to a signal trading account or signal Program.

Question 55

How do I subscribe to Follow?

Accepted Answer

In the Follow section, you can choose a trader whose trades you would like to subscribe to. To follow trades, you need to have a trading account. So when you click the Follow Trades button on the trader’s page, it will offer you to choose an existing account of yours, or to open a new account and deposit funds to it. When you do this, the trades will start copying to your trading account according to the chosen subscription type.

Question 56

How to attach an external account?

Accepted Answer

Navigate to the Trading page.
Press Attach external account
Input your Binance account API key and API secret

After that your new account will appear in the Private section with Pending status.
Status will be changed to Active as soon as the input data is validated. Validation process usually takes around 5 minutes.

Question 57

Where do I get Binance account API key and API secret?

Accepted Answer

Please follow the official guide to create Binance API key and secret

Question 58

What are the fees?

Accepted Answer

There are two fees the trader sets for their Genesis Vision Follow account: success fee and volume fee.

The success fee is the commission charged from copy trading profits. It calculates the fee according to the method of the High-Water-Mark. With this method, it does not take the percentage from the profit for the period, but from the difference between the investors’ investments and the previous maximum profit. The success fee can vary from 0 to 50%.

The volume fee is a volume commission charged for opening the transaction. It varies from 0 to 30% of the amount of paid trading fee by the trader.

Genesis Vision charges the platform success fee (0-10% depending on the user’s GVT balance) from the profit.

Question 59

What types of subscription are available?

Accepted Answer

There are three available subscription types:

By balance. When choosing this subscription, the volume of the position opened is proportional to the coin balance of the leader and the follower.
For example, Provider has 100 USDT and 20 GVT on the External account (in this example 1 GVT = 2 USDT).
Provider balance = 140 USDT (100 + 20 * 2).
The subscriber has 30 USDT and 20 GVT.
Subscriber balance = 70 USDT (30 + 20 * 2).
Provider opens a trade to buy ADAUSDT, volume = 100.
The subscriber will copy the position for the same asset (ADAUSDT) but with a volume of 30.

Percentage. When you choose this subscription, you set the volume percentage of the Provider’s opened position that the subscription will copy. Meaning if the Provider has opened a trade for 100 GVTBTC while the percentage the Subscriber has set is 30%, it will open the trade on the Subscriber trade account for 30 GVTBTC.

Fixed. By choosing this subscription type, the positions will open only for the fixed amount that the Subscriber has set in the USD equivalent field when subscribing to the signal program/trading account. It does not depend on the size of the trade of the provider.

For each subscription type, you will need to set a Tolerance percentage (maximum possible deviation of the trade price from 0% to 20%). This means if you set it to 0% for the chosen subscription type, the trade must open at the exact same price as the provider’s trade. If a subscriber's price at the moment of the opening is worse than than the original trade price for more than the set Tolerance percentage, the trade won’t be opened.

Question 60

I want to close the trade by myself. Can I do that?

Accepted Answer

Yes. To do that you need to login to your account. In the trading section, you will see all the opened trades. You can choose one and close it in the opened window.

Question 61

How do I cancel my subscription to the trading account?

Accepted Answer

You can cancel your subscription on the trader’s page or in your dashboard. For Binance Follow accounts the only available way is manual closing.

Manual closing. You unsubscribe from the signal provider, but all the opened trades stay open. The Subscriber can close the open trades manually at any time. This means when the Provider closes their trades they will not be closed on the Subscribers trading account.

Question 62

What is GVT?

Accepted Answer

Genesis Vision has its own token: GVT (Genesis Vision Token). GVT is based on the ERC20 Ethereum token standard. GVT can be used for all investment operations and has a set of its own perks and features when used on the platform, such as various discounts and more.

Question 63

Is GVT a security?

Accepted Answer

We have received a conclusion on the Howey Test passage that GVT cannot be deemed as a security. genesis-vision-memorandum.pdf

Question 64

How can I use GVT on the platform?

Accepted Answer

If you hold GVT on your account balance, there are trading bonuses available.

For each 1,000 GVT locked away Genesis Vision clients get a 1% reduction from the platform success fee;
Genesis Vision clients can reach up to 25% Genesis Markets trading fee reduction by holding up to 500 GVT.

Wallet	Amount
From 1 GVT up to 25	5%
Up to 50 GVT	10%
Up to 100 GVT	15%
Up to 500 GVT	20%
500 GVT+	25%

To be eligible for a trading discount

There must be more than 1 GVT stored in the wallet

There are also other purposes for storing GVT on a Genesis Vision account:

Follow subscriptions have to be paid by investors in GVT
Each fund must allocate at least 1% of its composition to GVT
Profits made by the traders are paid out to the investors in GVT
At the end of each quarter, 3% of GVT received as profit on the platform is burned.

Genesis Vision

FAQ

General Questions

Genesis Vision Programs

Genesis Vision Funds

Genesis Vision Follow

Genesis Vision Token

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