LBank Exchange Will List Globiance Exchange Token (GBEX) on May 25, 2022

Internet City, Dubai–(Newsfile Corp. – May 25, 2022) – LBank Exchange, a global digital asset trading platform, will list Globiance Exchange Token (GBEX) on May 25, 2022. For all users of LBank Exchange, the GBEX/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on May 25, 2022.

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To bridge the legacy financial system and the new emerging cryptocurrency world, Globiance provides financial services for corporate and retail customers by combining four main business verticals in one interface: bank accounts in multiple jurisdictions, a cryptocurrency exchange, cards, and a crypto payment gateway. Its native token Globiance Exchange Token (GBEX) will be listed on LBank Exchange at 16:00 (UTC+8) on May 25, 2022, to further expand its global reach and help it achieve its vision.

Introducing Globiance

As a fintech platform with a centralized exchange, banking services, payment gateways, stablecoins, and a decentralized marketplace, Globiance offers fully-regulated services for corporate and retail customers in several countries on five continents, integrating crypto solutions into the traditional banking system.

Globiance offers SEPA and SWIFT accounts for its clients in 25+ currencies, that can be used to both send and receive funds, and also merges multiple banks in one offering, providing IBANs under one single login, eliminating the need to log in to multiple banking platforms to check balances and execute transactions. The IBANs are provided by different BIN sponsors which provide the banking as a service to Globiance via integrated API connections.

While featuring an integrated wallet and optional bank accounts, Globiance also facilitates fiat-to-fiat, and fiat-to-crypto through its licensed exchange (CEX), combined with the ability to instantly withdraw fiat to the integrated wallet or bank accounts. Alternatively, for users who do not require fiat currencies, Globiance has created a decentralized exchange (DEX) as a separate service offer, which can be used to swap any cryptocurrency against another.

The Globiance Crypto Payment Gateway is a payments platform providing clients with multi-currency payment options through a single interface. It is built for scalability, high transaction volumes, and instant settlements. With the Crypto Processing Gateway clients can pay with cryptocurrencies such as BTC, ETH, or XRP instead of their credit cards. It is useful for all businesses and very effective for high-risk industries.

To address some of the deficits in global trade with a fusion between a next-generation crypto exchange and regulated online banking platforms, Globiance leverages the fast-evolving blockchain financial technology and develops a complete ecosystem around a proprietary permissioned blockchain, with the participation of banks, regulators, and international businesses to help bridge crypto and fiat currency worlds.

About GBEX Token

Globiance Exchange Token (GBEX) is the native utility token for the entire Globiance ecosystem designed in a deflationary way. It is used on a daily basis on all Globiance platforms worldwide, such as paying fees for processing transactions, running liquidity pools on the network, and being used for governance votes to determine how network resources are allocated and how the token is developed.

Based on Xinfin Network, GBEX had an initial supply of 500 trillion (i.e. 500,000,000,000,000) tokens, of which 50% were provided for the token sale, 13% are allocated to the team, 13% are provided for incentives, and 24% were already burned.

Today only 379 trillion tokens are left. Over 120T tokens have been burnt already.

All GBEX transfers between wallets are subject to a 4% Tax; 2% are burned, and 2% go to holders. Trading on Exchanges is not taxed for users.

GBEX will be listed on LBank Exchange at 16:00 (UTC+8) on May 25, 2022, investors who are interested in Globiance investment can easily buy and sell GBEX tokens on LBank Exchange by then. The listing of GBEX on LBank Exchange will undoubtedly help it further expand its business and draw more attention to the market.

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About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.

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Contact Details:
LBK Blockchain Co. Limited
LBank Exchange

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Insure Information journalist was involved in the writing and production of this article.