FAQ – getGSP.info

How to set up your marketing site

How to add a wallet address

How to withdraw / compound the elemental series

How to buy digital land in Lydian World

How do I fund my account?

A simplification of the purchase and subsequent funding mechanism/requirements for the “layers” of investment options for the certificates. A little more challenging now that we can load a number of different ways but all are cryptocurrency based.

What can I use to exchange and get an Element certificate?

the Elemental series can be exchanged with: BTC, ETH, BNB, TRX, USDT ERC20, USDT TRC20, and TRON.

Optional Crypto Wallets:
Centralized Exchanges (CEX): A centralized crypto exchange is one that’s created and run by a company. These exchanges are considered centralized because one company oversees all the transactions and sets the exchanges rules and fees. For example, Coinbase, Crypto.com, and Binance (US),
create and run popular CEXes for a profit.
Decentralized Exchanges/Wallets (DEX): A decentralized exchange is an automated program that facilitates crypto trades. A person or group
might set up and help oversee the development of a DEX, however, as with other decentralized finance (DeFi) apps, it’s actively run by a decentralized network of
computers. This means no single entity has control over the platform once it’s set up.

What can I use to load an Elemental series certificate?

and

Does my infinity rank change when I load my certs or when my team loads their certs or both?

All revenue generating exchanges and transactions produce volume for the MMA, Infinity and BlockStar pools. This includes certificate purchase and load as well as monthly memberships and conversions and exchanges using the onsite financial exchange.

If I load a Blockfolio such as Fintech this week and then next month I decide to load the Renewables on that same certificate, does my 52 weeks for the renewables start from the day I load that portion or the day that the initial blockfolio was loaded?

The 52 week clock begins when the first blockfolio is fully loaded. Any additional blockfolios which are loaded subsequently may have a 52 week clock if they are loaded at the same time, but it might be less if the blockfolio is loaded at a later time. For example, if a portfolio is purchased on January 1 and a blockfolio is loaded on Jan 1, then the 52-week clock begins Jan 1 and ends Jan 1 of the next year. If another blockfolio is added 3 weeks later, for example, then it would be active for 49 weeks (52-3 = 49) and so on.

Is there a Maximum limit on withdrawals or deposits?

There is no Maximum limit for deposits, however, depending on the assets, there may be limits on the withdrawals. These are listed on the withdraw page.

Why do I have to KYC and 2FA?

The KYC and 2FA approvals need to be submitted and approved by the company. This manual authorization can take up to 48 hours, during regular business hours (monday -friday). The member will be contacted by email upon approval, via our support team.

How to renew your membership?

You will find your membership countdown on the “dashboard” scroll down past the financial information and it will be in the center of the page. You will be able to renew 3 days prior to expiration.

Some suggested crypto wallets/exchanges

Centralized Exchanges/Wallets:
Coinbase
Binance(US)
CoinZoom
Kraken
Uphold
Crypto.com
CashApp
PayPal

Decentralized Exchanges/Wallets:
Crypto.com (DeFi)
Exodus
Trezor
Ledger
Trust Wallet

Steps for Funding Your Account / Sending the Crypto
A. ALWAYS purchase about 5% more of crypto to make sure you cover the fee to purchase it, and to cover the network fees to
send the crypto through the blockchain to your GSP account.

B. ALWAYS send the “satoshi amount” NOT a dollar amount. This will prevent you from over/under funding your GSP account.

Crypto (some options in the USA)

Coinbase

KuCoin

Cash App

Crypto Wallets

Best Crypto Wallets of June 2023 / According to Forbes

Crypto wallets provide a safe place to store cryptocurrency, although they work a little differently than tucking cash into a billfold. There are countless options to choose from—deciding which one fits your needs is the first step. Different wallets support different types of coins—most hold Bitcoin, some only handle Ethereum, a few can hold any type of crypto—and they come in two main flavors: hot wallets (internet-enabled) and cold wallets (which live offline).

To help you find the right wallet for you, Forbes Advisor has evaluated the leading options and picked the best crypto wallets available. We’ve separated our list into the best hot wallets and the best cold wallets to further aid your search.

Coinbase Wallet

Coinbase is a leading crypto exchange, and it offers three different crypto wallets. The Coinbase Wallet is one of the exchange’s hot wallet products. The other two wallets offered are the Coinbase dApp Wallet and the storage available via Coinbase Exchange.

According to the company, Coinbase Wallet supports “hundreds of thousands” of crypto assets. But there are a few caveats. Most notably, Bitcoin is only supported through the wallet’s mobile app.

The Coinbase Wallet seamlessly connects to its native crypto exchange and many other major decentralized crypto exchanges (DEXes) such as Uniswap (UNI), Sushiswap (SUSHI), 1inch (1INCH) and TraderJoe, among others.

If you’re looking for cold wallet compatibility, Coinbase Wallet has teamed up with cold storage pal Ledger. Users can combine Ledger’s offline crypto storage with Coinbase Wallet’s assortment of features.

Pros

Connects to several DEXes
Compatible with Ledger for cold storage
Scores of coins are available for staking
Supports Ethereum- and Polygon-based NFTs

Cons

Will not recoup stolen assets
Bitcoin is only supported through Coinbase Wallet’s mobile app

SafePal Crypto Wallet

SafePal is a hot wallet that serves more than 6 million users across more than 190 countries. It supports all major cryptocurrencies, including popular stablecoins like Dai (DAI) and TrueUSD (TUSD).

One major perk of SafePal is its integration with crypto exchange Binance. This means you can seamlessly connect to Binance for the buying and selling of crypto via your SafePal wallet.

Another plus is that you get the best of both worlds with SafePal: cold and hot crypto storage. The SafePal hardware cold wallet is relatively inexpensive, costing about $50.

On the downside, customer service on SafePal is limited. Users have to fill out a “submit a request” form for support.

Pros

Hot wallet integrates with the company’s hardware cold wallet
Integrated with Binance DEX

Cons

Not intuitive for beginners
Limited customer support

Crypto.com DeFi Wallet

Crypto.com is another leading crypto exchange, and the Crypto.com DeFi Wallet is dedicated to storing decentralized finance (DeFi) crypto assets. Users can easily access Crypto.com from their wallet to buy and sell crypto.

If you’re looking for the right place to park Bitcoin, Ethereum and USD Coin (USDC) under one roof, this might be the wallet for you. The wallet supports more than 800 types of crypto assets, including popular stablecoins and the top 20 cryptocurrencies by market capitalization.

While Ethereum staking isn’t available, you’ll be able to stake other coins like Cosmos (ATOM) and Crypto.com’s native token Chronos (CRO). You can even earn rebates on select tokens.

Crypto.com DeFi Wallet’s security features entail two-factor authentication (2FA), password encryption and biometric authentication. Note that parent company Crypto.com experienced a hack in January 2022, but the company said no funds were compromised. The security incident impacted the exchange, and it was not related to the DeFi Wallet.

Pros

Designed for storage of DeFi products in addition to crypto
Earn rebates on 25+ tokens
Integrated with Crypto.com exchange
Offers storage for NFTs

Cons

Lacks phone support
Ethereum staking isn’t available

Exodus Crypto Wallet

The Exodus crypto wallet supports more than 225 cryptocurrencies. For those new to crypto, Exodus offers a plethora of educational materials and explanatory videos to enhance your knowledge of specific cryptos.

You can also trade and stake cryptocurrency directly from your wallet with Exodus’ built-in exchange, which functions as a DEX. Compared with centralized exchanges, DEXes tend to be less regulated with lower liquidity. The benefit of a DEX is it allows crypto trading through decentralized apps, and it may not require tons of credentials for signing in.

If you’re looking for storage offline, the Exodus wallet is integrated with Trezor, a highly-ranked cold storage option. Exodus is also a leader in cryptocurrency education with a wealth of explanatory 101 videos.

Pros

Exodus will recoup stolen assets
Good educational materials
Staking is available for Ontology (ONT), Cosmos, Algorand (ALGO), Tezos (XTZ), Solana (SOL) and more

Cons

Ethereum staking is not available
Not integrated with any centralized exchanges

Coinbase dApp Wallet

The Coinbase dApp Wallet is an Ethereum-centric storage solution built into the Coinbase mobile app. The wallet makes trading tokens only found on DEXes easier for users, allowing them to interact with DEXs and various decentralized applications, known asDApps.

Given this hot wallet’s focus on Ethereum, many major cryptos aren’t supported. You can’t store Bitcoin, Avalanche (AVAX), Tron (TRON) or Ethereum Classic (ETC), among many others using this solution.

Pros

Access to DEXes to trade numerous tokens
Staking on Ethereum, Polygon and The Graph

Cons

No support for Bitcoin
Only supports ERC-20 and Ethereum-based projects

Top 10 Cryptocurrencies Of 2023

Article from Forbes Advisor – click for entire article

1. Bitcoin (BTC)

Market cap: $506.7 billion

Created in 2009 by Satoshi Nakamoto, Bitcoin (BTC) is the original cryptocurrency. As with most cryptocurrencies, BTC runs on a blockchain, or a ledger logging transactions distributed across a network of thousands of computers. Because additions to the distributed ledgers must be verified by solving a cryptographic puzzle, a process called proof of work, Bitcoin is kept secure and safe from fraudsters.

Bitcoin’s price has skyrocketed as it’s become a household name. In May 2016, you could buy one Bitcoin for about $500. As of Jun. 13, 2023, a single Bitcoin’s price was around $26,120. That’s a growth of 5,124%.

2. Ethereum (ETH)

Market cap: $209.5 billion

Both a cryptocurrency and a blockchain platform, Ethereum is a favorite of program developers because of its potential applications, like so-called smart contracts that automatically execute when conditions are met and non-fungible tokens (NFTs).

Ethereum has also experienced tremendous growth. From April 2016 to the end of June 2023, its price went from about $11 to around $1,742, increasing 15,740%.

3. Tether (USDT)

Market cap: $83.5 billion

Unlike some other forms of cryptocurrency, Tether (USDT) is a stablecoin, meaning it’s backed by fiat currencies like U.S. dollars and the Euro and hypothetically keeps a value equal to one of those denominations. In theory, this means Tether’s value is supposed to be more consistent than other cryptocurrencies, and it’s favored by investors who are wary of the extreme volatility of other coins.

4. Binance Coin (BNB)

Market cap: $37.7 billion

Binance Coin (BNB) is a form of cryptocurrency that you can use to trade and pay fees on Binance, one of the largest crypto exchanges in the world. Since its launch in 2017, Binance Coin has expanded past merely facilitating trades on Binance’s exchange platform. Now, it can be used for trading, payment processing or even booking travel arrangements. It can also be traded or exchanged for other forms of cryptocurrency, such as Ethereum or Bitcoin.

BNB’s price in 2017 was just $0.10. By late June 2023, its price had risen to around $242, a gain of 241,902%.

5. U.S. Dollar Coin (USDC)

Market cap: $28.3 billion

Like Tether, USD Coin (USDC) is a stablecoin, meaning it’s backed by U.S. dollars and aims for a 1 USD to 1 USDC ratio. USDC is powered by Ethereum, and you can use USD Coin to complete global transactions.

6. XRP (XRP)

Market cap: $27.6 billion

Created by some of the same founders as Ripple, a digital technology and payment processing company, XRP can be used on that network to facilitate exchanges of different currency types, including fiat currencies and other major cryptocurrencies.

At the beginning of 2017, the price of XRP was $0.006. As of Jun. 13, 2023, its price reached $0.53, equal to a rise of 8,744%.

7. Cardano (ADA)

Market cap: $9.7 billion

Somewhat later to the crypto scene, Cardano (ADA) is notable for its early embrace of proof-of-stake validation. This method expedites transaction time and decreases energy usage and environmental impact by removing the competitive, problem-solving aspect of transaction verification in platforms like Bitcoin. Cardano also works like Ethereum to enable smart contracts and decentralized applications, which ADA, its native coin, powers.

Cardano’s ADA token has had relatively modest growth compared to other major crypto coins. In 2017, ADA’s price was $0.02. As of Jun. 13, 2023, its price was at $0.28. This is an increase of 1,295%.

8. Dogecoin (DOGE)

Market cap: $8.6 billion

Dogecoin was famously started as a joke in 2013 but rapidly evolved into a prominent cryptocurrency thanks to a dedicated community and creative memes. Unlike many other cryptos, there is no limit on the number of Dogecoins that can be created, which leaves the currency susceptible to devaluation as supply increases.

Dogecoin’s price in 2017 was $0.0002. By June 2023, its price was at $0.06, up 30,766%.

9. TRON (TRX)

Market cap: $6.5 billion

TRON is a decentralized blockchain platform founded in Singapore in 2017. By December 2021, it had grown into a fully decentralized autonomous organization (DAO), which in June 2023, had more than 167 million accounts.

When it launched in October 2017, TRON was worth $0.0025. Less than five years later, the cryptocurrency’s price had risen to $0.07. That’s an increase of 2,700%, making TRON one of the world’s fastest growing cryptocurrencies.

10. Solana (SOL)

Market cap: $6.1 billion

Developed to help power decentralized finance (DeFi) uses, decentralized apps (DApps) and smart contracts, Solana runs on a unique hybrid proof-of-stake and proof-of-history mechanisms to process transactions quickly and securely. SOL, Solana’s native token, powers the platform.

When it launched in 2020, SOL’s price started at $0.77. By late June 2023, its price was around $15.29, a gain of 1,886%.

*Market caps and pricing sourced from coinmarketcap.com, current as of 1:31 p.m. UTC on Jun. 13, 2023.