Several years ago, only a few people knew what cryptocurrency means. Nowadays, virtually everyone has heard some information about this kind of technology. Novelties are launched day by day and people are eager to invest in new projects that seem to provide decent profit. With the development of blockchain technology, the whole procedure of investing has changed. Cryptocurrency offers the interested persons not only the possibility to earn money, but also render decent services in various fields, thus improving the entire stock fixed improvements.

Things You Should Know About Globitex

Globitex is a Bitcoin stock exchange of licensed level, which has a completely applicative FIX API and brings immediate accessibility to the market for formalized brokers. Its key intention is to promote the Bitcoin activity by bringing the current ground environment to the required standard of commercial trading, which would regulate the popular commodity supplies and monetary markets.

The present Bitcoin exchange platform meets the elaborated demands of its users and provides trades in pairs on a trustworthy and advanced platform. Globitex intends also to start launching alternative dominant currency pairs. It assists the greatest transaction services rendered and applies the FIX protocol, which is utilized by skillful brokers and salespeople along with equity markets and security flotation companies. Moreover, Globitex supplies Futures and Options just as trading and corporate stocks. It aims to promote cryptocurrency monetary markets enabling the electable exchange members to borrow funds at particular maturity dates by determining the rates of interest in the stock market. The monetary stock exchange improvement will perform the driving point in increasing means of liquidity and leveling supply and need for Bitcoin both in the spot and derivative markets, thus transforming it into freely available currency.

As soon as liquid funds grow and bulk orders are allocated, Globitex would be capable to initiate conventional lists of diverse tradable commodity supplies on a regular basis. The futures contracts could be physically delivered and changed into Bitcoins as being the principal exchange currency of the present platform.

GBX Introduction and Application

To execute the specified targets, Globitex plans to issue the GBX token, which represents an Ethereum EIP-20 smart contract protocol oriented token. The realization value available from the token disposal would be applied to receive rights to utilize, elaborate and license the current trade facility and information ground environment of Globitex. It also intends to evolve the GBX support environment and the service activities, which could be merchandised for the specific token.

The GBX token might be the overarching goal of items of exchange in the Globitex system, acting as a token involved in the commission payment. The token will be applied in loyalty programs too. The refunded token might be burned, and in such a manner excluded from further monetary circulation without change. Traders will get the possibility to utilize a GBX token to cover all their necessary settlements of commission for the deals performed in the framework of the system. The Globitex authorized members will be able to refund provided GBX tokens as being the available payment for various commissions.

Globitex intends to provide users and token keepers with different profit-oriented loyalty programs as reward within the GBX token's life expectancy. GBX token is foreseen to possess a 10-year life duration and in the course of this period tokens are enable for refunding along with the implementation of different loyalty programs and additional success-oriented benefits of Globitex. Taking into consideration the Globitex prosperity, the award might grow over time to promote expanded realization of GBX tokens for trading settlements. Upon 10 years, the token's life will expire and Globitex would revise the whole program to imply the required modifications allowing subsequent lengthening of the available program.

Starting from February 10, 2018, Globitex conducts a public sale.

Authored By: x0r2