Gibraltar Stock Exchange’s Crypto Platform Opens to Public With 6 Cryptocurrencies

The crypto trade platform subsidiary of the Gibraltar Stock Exchange is now open to the general public with six cryptocurrencies. Users can fund their accounts in USD. Meanwhile, its token sale platform, GBX Grid, has already accomplished its first token sale with three new tasks deliberate.

GBX Digital Asset Exchange Launched

The GBX Digital Asset Exchange has launched to the general public, the trade introduced this week. The GBX is a subsidiary of the Gibraltar Stock Exchange which is regulated by GFSC and operates as an EU-regulated market, acknowledged by European regulator ESMA and UK regulator HMRC.

Users have to register with the platform and full the KYC necessities. Their accounts can then be funded in USD, the trade detailed, elaborating:

We are launching the platform with 6 cryptocurrencies out there on the trade. These embody: bitcoin (BTC), ethereum (ETH), rock token (RKT), litecoin (LTC), bitcoin money (BCH) and ethereum basic (ETC).

“We are making the following trading pairs available to all our users: RKT/USD, ETH/USD and BTC/USD,” the trade famous. In addition, “Everybody who has already signed up and any new customers who enroll earlier than 17th August will profit from zero-fee buying and selling from in the present day till 14th September 2018.”

GBX CEO Nick Cowan revealed, “we are already looking forward to making significant additions to this offering in the future,” adding that “the launch comes at a time when the cryptocurrency and token markets are reaching a new stage of maturity.” He additional conveyed that the trade also plans to launch its official cell software within the close to future.

This public launch follows the delicate launch in June for about 300 individuals. The trade used the suggestions from the delicate launch to develop and design its consumer interface in preparation for the general public launch. The GBX described:

It is broadly recognised that one of many greatest hurdles for folks wanting to enter the crypto-space is realizing how to get began, the place to supply ETH or how to purchase BTC from a trusted platform. With fiat onboarding now in place, that’s not a difficulty.

GBX Grid Token Sale Platform

The GBX also operates a token sale platform known as GBX Grid, which has already accomplished its first token sale. It has since revealed that three new crypto tasks are coming to the platform.

“The Grid is reserved for projects that have completed our rigorous application process and have been vetted thoroughly by one of the 15 sponsor firms in our network,” the GBX described. Citing that it “aims to be a world-leading institutional-grade token sale platform and digital asset exchange,” the trade wrote:

For each individuals and issuers, this now implies that the GBX presents an entire token and digital asset expertise by way of an institutional-grade platform, targeted on good governance and trade finest practices.