Globitex is a trading platform starting to operate in 2017. The users are able to perform cryptocurrencies trading actions (buy/sell) using the platform services. Globitex has their own utility token GBXT, launched in 2018 and accepts EUR, XBT, BCH, ETH, and GBXT as a deposit method. The trading platform provides proper security with two-factor authentication, low deposit and withdrawal fees.
The GBXT token is an Ethereum-based (ERC-20) cryptocurrency. It is usable to cover commission payments for the trades performed on the Globitex platform. All registered clients of the Exchange are able to redeem GBXT tokens as payment for commissions. Overall, the GBXT Token is expected to have a 10 year lifetime, during which time, tokens can be redeemed, loyalty programs and other success-related benefits enacted.
Globitex Token ICO began on February 10, 2018. The ICO token supply represents 65% of the total token supply, so there is a total of 111,352,689.5 GBXT tokens available, for 0.10 EUR each. The ICO funding target is 1,000,000 EUR, the funding cap is 10,000,000 EUR and is expected to end on March 12, 2018 or when the funding cap is reached.
Token Reserve Split (35%):