 | Globitex (GBX)ICO Globitex is an institutional grade Bitcoin exchange, with API capabilities for direct market access. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Globitex
Globitex is an institutional grade Bitcoin exchange, with a fully functional FIX API connectivity, offering direct market access for algorithmic traders.
Having built the exchange to meet sophisticated institutional client needs, we now operate Globitex from the starting point of allowing the exchange of the Bitcoin and Euro trading pair on a secure and well-established platform. Building Globitex with a view to the future, however, requires tackling one of the major issues that Bitcoin faces: liquidity, or the current lack thereof.
Therefore, one of the first goals for Globitex is to launch other major currency pairs; to expand the Bitcoin-FX order books, thus covering instant trading, deposits, and withdrawals in major currencies around the globe. The next step is to develop cryptocurrency money markets, where eligible market participants are able to lend out their assets at specific maturities by setting market-based interest rates. The development of a money market in Bitcoin will be the major catalyst in increasing liquidity and equalising supply and demand for Bitcoin in the spot market, as well as for various time future time frames, potentially transforming it into the most liquid currency.
As Bitcoin liquidity increases, and as large money orders can be easily accommodated, Globitex will then enable standardised listing of various commodities futures and options on an open order book basis. The derivative contracts will be physically deliverable and exchanged in Bitcoin as the underlying currency. For example, the counterparties in a derivatives contract could exchange physical commodities (crude oil, jet fuel, gold, silver, copper, corn, etc.) for a fixed amount of bitcoins at the maturity of the contract, or opt out of the physical delivery and settle in bitcoin instead.
Scaling Globitex into a global spot and derivatives trading venue will allow producers to purchase exchange listed products for Bitcoin. Trading firms and speculators will also be able to hedge their risks in Bitcoin with derivatives contracts. Thus, scaling the Globitex exchange will benefit Bitcoin and foster its development as a medium of exchange that is suitable for facilitating global trade, overcoming geographic, political or monetary restrictions.
DetailsPublic sales: Feb 10, 2018 - Feb 12, 2018Token supply: 500,000,000 GBX Soft cap: 12,000,000 USD Hard cap: 10,000,000 EUR Raised: 12,500,000 USD LegalBlockchain Platform: EthereumRegistration country: Gibraltar Registration year: 2015 Office address: Lvovo g. 105A, Vilnius, Lithuania 85, First Floor Great Portland Street, London, England, W1W 7LT BountyBounty: 2%Translation: 5% Social media: 80% Bitcoin talk signature campaign: 15% | Token infoTicker: GBXType: Utility-token Token standard: EIP-20 Token price in USD: 1 GBX = 0.12 USD Accepted currencies: ETH, XBT, BCH Bonus program: For the first 5,000,000 GBX Tokens + 10% For the next 10,000,000 GBX Tokens + 5% Token distribution: Distributed to users 65% Available during the ICO 5% Available after the ICO 10% Available after 1 year from the ICO 10% Available after 2 years from the ICO 10% |
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