Gibraltar Blockchain Exchange Is Now Available For The Public

Gibraltar,  British Overseas Territory and headland, has started a blockchain exchange for the  public, after the introduction of Distributed Ledger Technology (DLT) Regulatory  earlier in the year.

The Gibraltar Blockchain Exchange (GBX)’s Digital Asset Exchange is available to all participants and members of the public who underwent ‘know your customer’ (KYC) process and includes fiat organizational socialization. So far, three USD pairs are available for customers.

Despite the fact that the platform designs to put more coins and fiat pairing up to the end of this year, account owners can prefer to trade the following three USD pairings-Bitcoin (BTC)/USD, Ethereum (ETH)/USD and Rock Token (RKT)/USD. Although it is excessively, the exchange is going to add six coins including Litecoin (LTC), Ethereum Classic (ETC) and Bitcoin Cash (BCH). Despite of this, although the quantity of popular tradable funds seems to be limited, GBX is as well a platform where tokens can be issued via their innovative GBX Grid.

As soon as token issuers have carried out and finished their token sale, their tokens shall be mentioned at the exchange in this way  enhancing the quantity of coins on offer and opportunities for trading. Nevertheless, the course of token enumeration will be performed through 15 Sponsor Firms whose major task is to guarantee that only quality tokens are mentioned and added at the exchange.