FREQUENTLY Asked questions

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1. WHAT IS GHOST TRADER?
  • Ghost Trader is the most exciting new DeFi project on the ETH network. We combine all of the advantages of highly skilled hedge trading with the immutability and flexibility of blockchain technology.
  • Ghost Trader consists of Tokens, and NFTs that each pay rewards in USDC.
  • Ghost Trader utilises funds raised through the Private Sale, Presale, and a portion of the Buy and Sell Taxes from its publicly trading Token, in an off-blockchain Trading Pool to generate profits which are returned as Rewards, paid in USDC, to Token holders.
  • Rewards are allocated from Profits achieved on the Trading Pool.

2. What are smart contracts used for?

A smart contract is a self-executing computer program that automatically enforces the rules and conditions of an agreement between two parties. It is stored on a blockchain, which provides a decentralized, tamper-proof platform for executing and recording transactions. Smart contracts can be used for a wide range of applications, including financial transactions, supply chain management, and more.

3. HOW DO I BUY GTR TOKENS?

GTR Tokens can be purchased on Uniswap, and on our swap page here

4. WHAT IS A REWARD TOKEN?

A Reward Token is one which provides a Reward, paid in a different Token, for a defined action – an example would be a 2% fee (Tax) is applied to each Buy or Sell transaction of a Token and that fee is instantly split among all holders of the Token in the form of other Tokens.

5. WHAT MAKES GHOST TRADER DIFFERENT FROM OTHER REWARD TOKENS?

Ghost Trader is unique in comparison to other Reward Tokens, other Reward Token depend on trading volume to generate Rewards, Ghost Trader does not.

Once you have purchased GTR Tokens, and hold them, the Ghost Trader Team will be working in the background to earn profits on your holding and return the Reward to you in BUSD on a periodic basis. The reward is independent of whether trading in the Token is heavy or light.

6. WHAT ARE THE LEVELS OF BUY AND SELL TAX?
  • 3% Buy Tax
  • 6% Sell Tax

These are variable and the figures quoted above are our baseline taxes.

7. HOW LONG DO I NEED TO HOLD BEFORE I AM PAID IN REWARDS?

Ghost Trader operates on a Monthly Reward schedule so depending on when you bought GTR you will receive the monthly disbursement relevant to your holding or a pro rata amount based on the portion of the month GTR Tokens were held

8. HOW MUCH OF THE PROFITS GO TO THE GHOST TRADER TEAM?

GTR token profits  50% holders / 50% company

Gold NFT 52.5% holder / 47.5% company

Silver NFT 50% holders / 50% company

Company profits are for the running of the business.

9. WHAT HAPPENS IF THE GHOST TRADER MAKES A LOSS, WILL I BE COVERED?

We cannot guarantee that every trade made will be profitable. If money is lost the Ghost Trader will work to recover the loss through additional trades, however we cannot guarantee profitability 100% of the time. We just offer an extremely good track record.

10. IS GHOST TRADER SAFE? HAS GTR BEEN KYC & AUDITED?

Yes we are KYC and audited by SolidProof. Details are available here

11. WHO IS GHOST TRADER?
The “Ghost Trader’ has over 35 years’ experience trading in London, New York, and the Middle East. After a distinguished trading career for major banks, he spent some time in the Middle East running a busy Royal Family trading office. Since 1998 he has traded for two major hedge funds predominately in Forex but has in the last 15 years expanded his day and shorter-term trading strategies to include the major indices, gold, and oil products.

Our other founder, John, is an experienced and successful trader with more than 20 years of knowledge gained trading commodities, oil, diamonds, bonds, gilts, and options for a number of tier one investment houses in the both the City of London and internationally.
12. WHERE IS THE FUND TRADED?

90% of the trading portfolio will be traded by the trading team in foreign exchange (FX), the Dow Jones Industrial Average (DOW), Financial Times Stock Exchange 100 Index (FTSE), Gold, and Oil markets.

13. WHERE CAN I BUY NFTs?

You can mint or purchase NFTs on the GTR marketplace here

14. WHEN ARE NFT TOP-UPS ADDED TO TRADE?

NFT top-ups are processed every week on Sunday 11:59 pm UTC.

15. WHEN ARE WITHDRAWELS PROCESSED?

Withdrawals must be made requested by the 10th of each month to receive at the end of the reward cycle. Withdrawels can be submitted here on the DApp of your NFT.

You can email us directly at [email protected] if you require any assistance.

16. ARE THERE TEAM WALLETS?

There are no team wallets (Dev, Moderator etc)

17. ARE THERE OPPORTUNITIES TO BECOME A VIP MEMBER?

There will be future opportunities to become a lower-level VIP through the loyalty programme.

18. WILL YOU REPORT TRADES DONE BY THE GHOST TRADER?

Trading updates are provided through our Telegram channel and Discord by the trading team.

19. WILL I BE ABLE TO COLLECT PART OF MY REWARDS AND COMPOUND THE REST?

You are free to collect all or part of your rewards in BUSD. Or you can use the the auto-compounding function slider on your NFT changing the setting to 25%, 50%, 75% or 100%

20. ARE THE TEAM DOXED

Yes, all of the senior team are doxed via a UK Registered Accountancy firm who operate as a UK Limited Company. Ghost Trader also has KYC through Solidproof which is one of the most robust KYC checks available in crypto. For more details Click Here

21. What is DeFi?

Decentralized finance, or DeFi, uses emerging technology to remove third parties and centralized institutions from financial transactions. The components of DeFi are stablecoins, software, and hardware that enables the development of applications. The infrastructure for DeFi and its regulation are constantly evolving.