After months of hard work, the team at the GBX are proud to announce that the GBX Digital Asset Exchange is now live and open to the public. This is the next stage in the development and evolution of the GBX ecosystem, and an important milestone in the journey towards large-scale adoption of crypto and institutional investment in digital assets.
GBX-registered users will also have the option to onboard using fiat currency. Effectively, customers will be able to fund their account in USD, starting right now.
It is widely recognised that one of the biggest hurdles for people looking to enter the crypto-space is knowing how to get started, where to source ETH or how to buy BTC from a trusted platform. With fiat onboarding now in place, that’s no longer an issue.
Users of the GBX Digital Asset Exchange who have completed the KYC requirements will now be able to enter the space, easily and with confidence. Starting today, we are making the following trading pairs available to all our users: RKT/USD, ETH/USD and BTC/USD.
Saying Thanks to Our Community
No major launch would be complete without a big thank you to all FORTs (Friends Of Rock Token) who make GBX community one of the best in the world. For that reason, everybody who has already signed up and any new users who sign up before 17th August will benefit from Zero-Fee Trading from today until 14th September 2018.
Details will be announced later this week about the Exclusive Trading Competition. The prize pool has been set at an outstanding 1,000,000 RKT. It’s nearly time for traders to compete to see who really is the best.
All About the Experience
The 4th June soft launch saw 300 participants gain early access to the exchange. The feedback received from the soft launch participants was vital to helping the team develop and design the User Experience (UX) and the User Interface (UI) in preparation for the public launch.
GBX is launching the platform with 6 cryptocurrencies available on the exchange. These include: Bitcoin (BTC), Ethereum (ETH), Rock Token (RKT), Litecoin (LTC), Bitcoin Cash (BCH) and Ethereum Classic (ETC).
“We have made concerted efforts to ensure that upon our public launch, the GBX would host a number of leading cryptocurrencies and tokens to ensure utility for the trading community. We are already looking forward to making significant additions to this offering in the future as we continue to make sustained progress in offering users the most comprehensive trading options possible. As a part of our continued work towards facilitating greater cryptocurrency trading accessibility and reliability, we shall be launching the official GBX mobile application in the near future, bringing a world-class Digital Asset Exchange to the fingertips of our community of users.” — Nick Cowan, CEO of the GBX.
From Primary Token Sale to Secondary Market
The GBX Grid, the GBX token sale platform, has already completed its first token sale, and has since announced 3 new projects coming to the GBX (further details on token sales will be published in the near future). With the launch of the Digital Asset Exchange, this means the GBX now offers the complete journey — from initial token sale through to the secondary market.
The Grid is reserved for projects that have completed GBX’s rigorous application process and have been vetted thoroughly by one of the 15 Sponsor Firms in the network.
The Next Step for RKT (Rock Tokens)
As well as the existing RKT utility (sponsor fees, issuer fees and issuer staking), the RKT’s utility will be extended by offering holders the opportunity to reduce their trading fees by settling their fees in RKT. In addition, Rock Token holders will have the opportunity to also reduce their trading fees by holding a specific minimum amount. More details will be released soon.