Frequently Asked
Questions

Gocycle is a digital marketplace that connects businesses and individuals that generate electronic waste and used batteries with verified recycling and collecting companies that can safely process and recover valuable materials.

Gocycle is designed for homes, individuals, businesses and organizations such as electronics companies, solar installers, telecom operators, recyclers, waste collectors, and corporate organizations with end-of-life electronics.

We are starting with common materials including lithium-ion batteries, lead-acid batteries, solar batteries, telecom batteries, and later on other electronic waste such as solar panels, IT equipment and consumer electronics will be added.

Sellers list available e-waste or batteries on the platform by type, units, location and AI powered suggested pricing mechanism. Verified buyers review the listings and makes purchase. Once a deal is confirmed, payment is secured through escrow and the materials are collected and delivered using the token system issued to the seller during the process.

Sellers earn by listing their e-waste or used batteries on the platform where buyers can purchase them at competitive market prices.

Payments are handled through a secure escrow system. Buyers deposit funds into escrow when a trade is confirmed, and payment is released to the seller after the materials are inspected and collected.

Gocycle coordinates pickup while the buyer collects the inventory via its own logistics infrastructure. Buyers are trained to handle electronic and hazardous materials safely.

Verification ensures that all buyers and sellers are legitimate businesses that comply with business KYC, Security and environmental requirements.

Gocycle provides a dispute resolution process where transactions, documentation, and delivery records are reviewed to ensure a fair outcome.

Gocycle ensures that electronic waste and batteries are safely collected and recycled, reducing environmental pollution and supporting a circular economy.

Gocycle earns money by having a 10% take rate from the sellers and buyers at 5% each on the final value of transactions.