Globiance Exchange (GBEX) is a multifaceted fintech platform that combines traditional banking with cryptocurrency services. Established in 2018, it offers a wide range of services including exchanges, banking, and payment solutions. The GBEX token, central to the ecosystem, is a deflationary utility token based on the XinFin XDC Network. It is used for fee payments, liquidity pools, governance, and rewards within the Globiance ecosystem. The platform is the brainchild of founders Irina La Rosa, Oliver Marco La Rosa, Alexander Pfau, and Sascha La Rosa, and operates globally with a significant employee base.

Globiance Exchange (GBEX) is a financial technology platform that combines a centralized exchange with banking services, payment gateways, stablecoins, and a decentralized marketplace. It integrates cryptocurrency solutions into the traditional banking system, offering regulated services for both corporate and retail customers across several countries on five continents. GBEX is the native utility token for the entire Globiance ecosystem and is used for all transactions and fees on Globiance platforms worldwide. It is a third-generation, deflationary exchange token based on the XinFin XDC Network, a 3rd generation blockchain protocol.

The GBEX token is used for various purposes within the Globiance ecosystem:

Fee Payment: GBEX tokens are used to pay fees on the Globiance exchange platforms and crypto processing gateways globally. Liquidity Pools and Governance: GBEX is used for running liquidity pools on the network and for governance votes to determine resource allocation and development of the token. Rewards and Incentives: Holders of GBEX tokens benefit from a deflationary mechanism where 2% of every transaction is distributed as rewards. Additionally, the token offers staking options with up to 10% APY and is involved in a referral system where users can earn lifetime rewards.