GLOBITEX — Connecting Digital Currency

Big Shoe
2 min readFeb 2, 2018

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Globitex is an institutional grade Bitcoin exchange, with unrivalled API capabilities for direct market access. The project has received over EUR 1,000,000 in venture capital funding with the aim of building a Bitcoin exchange that reflected the team’s vision of how an exchange should work in terms of connectivity, matching, settlement and reporting. Today you can trade Bitcoin and Bitcoin Cash against Euros on the Globitex exchange.

GBX token sale is organised in order to scale the existing Globitex exchange infrastructure to the necessary industrial trading level, with a capacity to accommodate standardised money markets and commodities listings. The token sale is interned for the business development goals divided into three parts, enabling the team to use the proceeds in order to achieve the goals set forth.

Bitcoin and cryptocurrencies based on the Bitcoin protocol are here to stay. At its core, the Bitcoin protocol has the right formulae for it to become the leading universally accepted currency. Bitcoin already functions as a store of value and medium of exchange. But, in order for it to gain significance as a unit of account in global trade, it needs to scale both technically and economically.

Application

GBX token akan melayani tujuan utama dari sarana penyelesaian perdagangan di bursa Globitex, melayani sebagai tanda pembayaran komisi, serta digunakan dalam program loyalitas. penebusan GBX Token dimaksudkan untuk dibakar dan karena itu secara permanen dihapus dari peredaran.

GBX Token will be used to cover commission payments for trades made on the Globitex platform. All registered clients of the Globitex exchange will be able to redeem the GBX token as payment for the commission. Initially tokens will be imposed on an important sign not less than 20%. For example, at a price of GBX 1 = EUR 0.1, the client choosing to use GBX as payment for the transaction will be able to enjoy the following bonuses: GBX 1 = EUR 0.1 + 20%. Over time, depending on the success of the Company as a whole, bonuses will increase greatly in order to stimulate the widespread use of the GBX token for trade settlement.

Furthermore, Globitex will offer related to the success of other program member loyalty companies to honor clients and token holders during the GBX Token period.

Overall, GBX Token is expected to have a lifetime of 10 years, during which time, tokens can be redeemed, loyalty programs and other success-related benefits apply. After 10 years, the Company will review the GBX Token program and make any necessary adjustments to the continuation of the program.

For more information you can visit their site at https://www.globitexico.com/or kalain can read https://www.globitexico.com/wp.pdf happy reading.

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