Globitex is a cryptocurrency exchanges that’s working to become more accessible to the rest of the world. It’s doing so by taking the plunge and getting rid of or dropping some fees for different practices.
Taking a chance
The goal is for more retail and corporate customers, according to a press release put out by CCN. It will do so via something called the EURO Bitcoin wallets, the storage solution provided by the company. It’s powered by NexPay, and ensures investors have “full control of their assets.”
Uldis Teraudkalns, CEO of Globitex, spoke on the announcement:
“We implement changes quickly around feedback we gather from both retail and corporate customers. We never compromise on security, we abide by every regulation to ensure customers get the most of what is possible with cryptocurrencies today.”
As for the changes, we’ll start with private users. These clients will no longer have to deal with a monthly account fee. Essentially, they’ll be able to have their wallet at all times for free, and are only charged during transactions.
Then, when it comes to corporate users, they’ll spend less money on “larger transactions” which should bring in big business since they’ll be saving money in the long run. According to the release, this change will make Globitex the world’s “No.1 cross crypto-fiat trading and financial operations platform.”
Additionally, the exchange will start using GBX tokens to help pay for transaction fees. This ensures that the token will have more validity over time.
The platform really believes that it will bring in more users with these changes. “Globitex encourages all traders, investors, and corporates potentially seeking to make payments from within and outside of the crypto space to use the exchange,” reads the release. “Users seeking to bridge the traditional finance sector with their cryptocurrency assets are urged to visit Globitex to Utilize their own IBAN account within a cryptocurrency exchange.”