Globitex Bitcoin institutional class
Globitex is a Bitcoin institutional class of exchange, with fully functional FIX API connectivity, offering direct market access to algorithmic merchants. Launched in the summer of 2017 as a working prototype, it is being tested in a limited Beta mode and is expected to begin publicly open operations in early 2018. Building Globitex with the goal for the future, however, requires handling one of the major issues facing Bitcoin liquidity, or its shortcomings currently.
Therefore, one of Globitex’s first objectives is to launch another major currency pair to expand the Bitcoin-FX order book, thereby including instant trading, deposits and withdrawals in major currencies around the world.
The development of the money market in Bitcoin will be a major catalyst in boosting liquidity and matching Bitcoin’s supply and demand in the spot market, as well as for future time frames, potentially turning it into the most liquid currency.
For example, counterparties in derivative contracts can exchange physical commodities (crude oil, jet fuel, gold, silver, copper, corn, etc.) for a number of bitcoins at maturity of the contract, or opt out of the physical. shipping and settling in bitcoin instead.
Globitex will open a token sale on November 8, 2017, and run until December 2017, or up to 72 hours after it sold 500 million tokens. The standard token price will be equal to 0.10 percent, with discounts up to 15% for the initial investor. GBX will be offered as a replacement for Bitcoin (XBT), Ether (ETH) and Bitcoin Cash (BCH).
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by Berita Anyar
my ETH address : 0x9B5fEe1D5Bcf9456099cD09d3C6f35474eFfEEc4