The Gibraltar Blockchain Exchange (GBX) announced an official launch of its Digital Asset Exchange on 23 July 2018.
The GBX will operate as an ecosystem for initial coin offerings (ICO) and a cryptocurrency exchange. For now, there are three trading pairs available to users: BTC/USD, ETH/USD and RKT/USD, with the list of tokens to be expanded in future.
Rock (RKT) is the GBX-based token, used as a primary medium of exchange and fee payment on the platform. RKT is compliant with ERC-20, it’s market cap amounts to around $31 million as of the GBX launch date.
‘Today marks the most exciting development on the GBX journey thus far, and is a significant indication that Gibraltar is open for business.’ – CEO Nick Cowan on the Gibraltar Blockchain Exchange official release.
Until 14 September 2018, all the existing users and those who join the GBX before 17 August will be able to enjoy temporary zero-fee trading. To become a trader on the GBX’s Digital Asset Exchange, one has to comply with standardised KYC requirements under the MiFID II.