Gibraltar Blockchain Exchange

Welcome to our Gibraltar Blockchain Exchange news page. Here you'll find some of our featured Gibraltar Blockchain content pieces as well as all our latest Gibraltar Stock Exchange posts.

New Iconiq Lab ICNQ Token Added to Gibraltar Blockchain Exchange (GBX-DAX) Platform

The Gibraltar Blockchain Exchange (GBX) has now made the decision to include a new cryptocurrency – ICNQ – to its Digital Asset Exchange (DAX). This year alone, the ICNQ which is an acronym for Iconiq Lab Token is now the fifth token to be included in the Gibraltar Blockchain Exchange’s Digital Asset Exchange.

EOS and XRP are two of the other cryptocurrency tokens previously added to the platform earlier in the year. ICNQ runs on the Ethereum platform and is created by a venture capital company called Iconiq Lab.

About The GBX And ICNQ

The Gibraltar Blockchain Exchange has revealed that the new ICNQ token will be easily traded against Bitcoin (BTC), Ethereum (ETH) and the United States Dollar (USD). The exchange has plans to include more soon. The Iconiq firm was also behind the EOS token being listed on the GBX-DAX.

Nick Cowan, the Founder and Managing Director of the Gibraltar Stock Exchange Group Limited, has expressed his pleasure at the new addition in the firm. He said:

“I’m pleased to unveil the latest development in our ongoing efforts to provide the most dynamic trading experience possible, with the addition of the ICNQ token to the GBX-DAX.

The Iconiq team have a wealth of experience in traditional financial markets and are acutely aware of the importance of accessibility and liquidity — two principles at the heart of our offering. Collaborations with like-minded organisations such as Sponsor Firm Iconiq, are fundamental to achieving greater recognition for our emerging industry.”

GBX And Its Constant Scale-Up Activity

Including the ICNQ on its platform is only one of a few moves the Gibraltar Stock Exchange has made in its persistent process of development and expansion. Recently in November of 2018, the Gibraltar Financial Services Commission gave the GBX a full operating license.

Speaking on the company’s successes and future plans, Nick Cowan has expressed optimism in the evolution and future of the GBX. He said:

“We are in the midst of a sustained phase of activity, with a range of high profile token additions such as XLM and XRP to the GBX-DAX so far in 2019, strengthening our position as a world-class cryptocurrency exchange. We operate in a dynamic, fast-paced environment, and are determined to set the highest standards in speed and efficiency by evolving in tandem with the industry, while continuously adding value to our platform.”

Gibraltar Blockchain Exchange Adds Steller Lumen (XLM) To Its GBX-DAX Digital Asset Platform

Gibraltar Blockchain Exchange Adds Steller Lumen (XLM) To GBX-DAX

Gibraltar Blockchain Exchange (GBX) is an established as a trusted, secure, institutional-grade token sale platform (GBX-GRID) and digital asset exchange (GBX-DAX). They have recently announced that they are adding XLM to GBX-DAX.

Stellar is a distributed payment network built on the Blockchain, facilitating cross-asset transfers of value, including payments in both fiat-based currencies as well as cryptocurrencies. XLM is known for enhancing interoperability between diverse financial systems and currencies, enabling the frictionless movement of money between people, companies and financial institutions. This increases the access for individuals, lowering costs for banks, and generating more revenue for businesses.

GBX-DAX is a digital asset exchange that is designed to ensure ease in use. Following relevant experience with the capital markets from its parent company Gibraltar Stock Exchange (GSX), GBX-DAX is built on great governance as well as good practices.

Founder of GBX Sponsor Firm, Rampart Corporate Services, Peter Howitt said:

“We are delighted to have worked with Kurt and the GBX team and Boris Reznikov of Stellar Partnerships to act as the sponsor firm for Stellar (XLM) on the Gibraltar Blockchain Exchange. Stellar is a great brand with the potential to help bring borderless safe and low-cost payments to the world and is a great fit for GBX.”

The CEO of Gibraltar Stock Exchange (GSX) Group, Nick Cowan, when asked about the listing of XLM replied:

“As a blockchain exchange, GBX continues to go from strength to strength — building a better experience for our users. Stellar is an exciting and welcome addition to our already strong roster of tokens available for trading on the GBX-DAX. The promise of a more liquid, frictionless payments infrastructure built on the blockchain is one that aligns greatly with our mission at the GBX, and one that we hope will help us achieve our overall goal, as an industry, to increase global and institutional adoption of digital assets as the next stage in the evolution of finance.”

On GBX, XLM will be available through 5 trading pairs; XLM/USD, XLM/EUR, XLM/GBP, XLM/ETH, and XLM/BTC.

GBX has ramped up its listing efforts. Just earlier this week, they listed Tron (TRX) Token for Trading. Prior to that but in January 2019 itself, they added XRP.

Gibraltar Blockchain Exchange Adds Ripple Coin XRP to its GBX-DAX Digital Asset Exchange

Ripple (XRP) has just been added to Gibraltar Blockchain Exchange (GBX), as a new cryptocurrency, to its Digital Asset Exchange which is often abbreviated as GBX-DAX. GBX is a platform for cryptocurrency exchange and token sale.

GBX-DAX is a digital asset exchange that is designed to ensure ease in use. Following relevant experience with the capital markets from its parent company Gibraltar Stock Exchange (GSX), GBX-DAX is built on great governance as well as good practices.

Speaking on the recent addition of XRP to the exchange, Nick Cowan, the managing director and Founder of GSX Group Limited, was optimistic the addition will boost the exchanges fortunes. The managing director further spoke of Ripple’s goals on creating new methods of finance and banking using blockchains. These goals are in line with GBX’s goals and the partnership is expected to help the two companies increase their adoption rates and liquidity.

GBX is looking forward to offering their customers more products and tokens on the exchange before February 2019 when the company celebrates its first anniversary. Despite raising over $27 million dollars in an ICO that was completed in March 2018, GBX had to wait for its full license from the Gibraltar Financial Service Commission in late November 2019. The license has opened up opportunities for the GBX which plans on adding more coins to the fray this year.

The exchange will offer several pairs to users to trade while adding extra tokens and digital assets.

Ripple (XRP) currently trades at $0.342642 USD as at the time of writing representing a 6.58% loss in the past 24 hours. The third-placed coin in terms of market capitalization has a total market cap of $14,062,173,339 USD.

Gibraltar Blockchain Exchange (GBX) Opens as First EU Regulated Blockchain Trading Platform

In the crypto space, there is a revolution going on and for the first time, we have a government regulated exchange venturing into the “murky” water of cryptocurrencies and providing the much needed guidance in this space often considered unregulated and risky. With the launch of Gibraltar Blockchain Exchange (GBX), we can confidently say that Gibraltar is setting the pace and laying down the foundation of what is going to the first government involvement in a bridge between traditional exchanges and the next frontier of technology powered blockchain.

For starters, the Gibraltar Blockchain Exchange (GBX) is a wing of the Gibraltar Stock Exchange (GSE) which abides by rules and regulations as set by the EU. Since GBX is blockchain based. The exchange completed RKT token sales early this year and their services are now open to KYC verified members of the public. This is besides the 300 early participants who helped the platform improve their user interface, create an intuitive trading platform and worked towards simplifying the whole trading experience.

In a statement, the CEO of GBX Nick Cowan said he was “excited and proud” of the opening the exchange to the public for the first time.

Their native token, ROCK token, RKT will be used for settling trading and listing fees, sponsor admission, sponsor staking and as currency within the platform. As a utility token, RKT can not only be used for transactional purposes by holding the coin grants the owner access to pre-sales and early ICOs on the GBX Grid platform. At current spot USD spot rates, RKT has a market cap of $30 million and a total circulating supply of 900 million RKTs.

Even though the platform plans to add more coins and fiat pairing before the end of the year, account holders can chose to trade the three USD pairings-BTC/USD, ETH/USD and RKT/USD. Overly though, the exchange shall list six coins including Litecoin (LTC), Ethereum Classic (ETC) and Bitcoin Cash (BCH). Regardless, while the number of tradable assets appears limited, GBX is also a platform where tokens can be issued through their innovative GBX Grid.

Once token issuers have completed their token sale, their tokens shall be listed at the exchange in the process increasing the number of coins on offer and opportunities for trading. However, the process of token listing will be carried out via 15 Sponsor Firms whose main objective is to ensure that only quality tokens are listed at the exchange.

The fact that GBX is also a token issuing platform complete with fiat on boarding is a huge boost for this cryptocurrency exchange and coincides with a time when ICO is gradually becoming a preferred way of raising funds for start ups. So far, the platform has carried out one successful fund raising drive on their platform.


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