BitMart, a premier global digital asset trading platform, will list Globiance on June 6, 2022. For all BitMart users, the GBEX/USDT trading pair will be officially available for trading at 07:00 AM EDT.
What is Globiance?
Globiance is a fintech platform with a centralized exchange, banking services, payment gateways, stablecoins, and a decentralized marketplace. It offers fully-regulated services for corporate and retail customers in several countries on five continents, integrating crypto solutions into the traditional banking system.
GBEX is the native utility token for the entire Globiance ecosystem. It is used on a daily basis on all Globiance platforms worldwide, as all transactions and fees are paid in GBEX.
Based on Xinfin Network, GBEX had an initial supply of 500 trillion (i.e. 500,000,000,000,000) tokens, of which 50% were provided for the token sale, 13% are allocated to the team, 13% are provided for incentives, and 24% were already burned.
Today only 379 trillion token are left. Over 120T tokens have been burnt already.
All GBEX transfers between wallets are subject to a 4% Tax; 2% are burned, and 2% goes to holders. Trading on Exchanges is not taxed for users.
Globiance additionally pays out 12% of the trading fees for each trade on the platform as 6% burn and 6% rewards.
A 10% Staking is offered on top.
GBEX faced significant burn events and it automatically rewards holders. It also features Anti Whale Dump Protection – only 0.5% tokens of supply per wallet allowed.
GBEX is used for:
Fees for processing transactions.
Running liquidity pools on the network.
Used for governance votes to determine how network resources are allocated and how the token is developed.
The mission at Globiance is to address some of the deficits in global trade with a fusion between a next-generation crypto exchange and regulated online banking platforms. The vision is to leverage the fast-evolving blockchain financial technology, and develop a complete ecosystem around a proprietary permissioned blockchain, with the participation of banks, regulators and international businesses to help bridge crypto and fiat currency worlds. Here we explain the main problems services intend to tackle.
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As a fintech platform with a centralized exchange, banking services, payment gateways, stablecoins, and a decentralized marketplace, Globiance offers fully-regulated services for corporate and retail customers in several countries on five continents, integrating crypto solutions into the traditional banking system.
Globiance offers SEPA and SWIFT accounts for its clients in 25+ currencies, that can be used to both send and receive funds, and also merges multiple banks in one offering, providing IBANs under one single login, eliminating the need to log-in to multiple banking platforms to check balances and execute transactions. The IBANs are provided by different BIN sponsors which provide the banking as a service to Globiance via integrated API connections.
While featuring integrated wallet and optional bank accounts, Globiance also facilitates fiat-to-fiat, and fiat-to-crypto through its licensed exchange (CEX), combined with the ability to instantly withdraw fiat to the integrated wallet or bank accounts. Alternatively for users who do not require fiat currencies, Globiance has created a decentralized exchange (DEX) as a separate service offer, which can be used to swap any crypto currency against another.
The Globiance Crypto Payment Gateway is a payments platform providing clients multi-currency payment options through a single interface. It is built for scalability, high transaction volumes and instant settlements. With the Crypto Processing Gateway clients can pay with cryptocurrencies such as BTC, ETH or XRP instead of their credit cards. It is useful for all businesses and very effective for high-risk industries.
To address some of the deficits in global trade with a fusion between a next-generation crypto exchange and regulated online banking platforms, Globiance leverages the fast-evolving blockchain financial technology, and develops a complete ecosystem around a proprietary permissioned blockchain, with the participation of banks, regulators and international businesses to help bridge crypto and fiat currency worlds.
To learn more about Globiance, please visit their Website, follow their Twitter and join their Telegram
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