New Bitcoin Cash (BCH) Trading Pairs Are Coming to Gibraltar Blockchain Exchange (GBX)
Gibraltar Exchange announced earlier on Monday this week the addition of Bitcoin Cash and fiat pairs to its platform. The trading pairs include the BCH/USD, BCH/EUR and BCH/GBP. Users on the platform will be able to start trading using the fiat pairs on March 13th, 2019. This opens up the exchange and BCH to a larger market as fiat pairs make it easy to purchase the digital asset.
The world is becoming more and more digital as people embrace technology across various fields in the economy. The financial world, in particular, is integrating technology to ensure innovation, transparency, and security of investors’ funds is improved. The adoption of blockchain technology by Gibraltar Exchange places it as a world beater in providing safe transactions for institutions, issuers, and participants alike on its institutional-grade, trusted, and secure platform.
In his address to the latest addition, CEO of Gibraltar Exchange, Nick Cowan praised the addition of fiat pairs as they ease out the ownership of cryptocurrencies. He further said fiat currencies will push for the global adoption of cryptocurrencies too.
Gibraltar Stock Exchange is the parent company of the GBX exchange offering a licensed digital ledger technology (DLT) company. The Gibraltar Financial Services Commission (GFSC), which regulates the financial companies in the island country, offered the company its license in 2017. The exchange offers the users with a high-quality platform to trade digital assets on the DAX under EU-regulated Company.
The addition of several fiat currencies and cryptocurrencies to trade on the exchange opens up a new market for adoption of the digital assets.