RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

GBX Gibraltar Blockchain

GBX Gibraltar Blockchain Exchange Review

Centralized

GBX Gibraltar Blockchain Exchange Rating Analysis

  • Gibraltar Blockchain Exchange, working under and in conjunction with its parent company GSX Limited, comes across as a very reliable one. Starting from the website - it is well organised, fast, responsive and provides the user with all they might like to know.

    The team itself is very transparent about themselves and appear highly capable of running a world-class exchange. GBX is home to plenty of professionals with extensive experience, headlined by leading founder and CEO of the Gibraltar Stock Exchange, Nick Cowan.

    Another key point for the company is the emphasis put on security. Based in Gibraltar, one of the most regulated crypto places, the exchange offers strong safety procedures for protecting accounts.

    The trading environment is quite welcoming with commissions as high as 0.15%, very competitive for the fiat-trading space, whereas STACS token holders are entitled to fee discounts. Three fiat currencies are accepted as deposit: USD, EUR and GBP. Currently, you can trade against 16 tokens, including their own Rock token, which guarantees the GBX membership and benefits on the platform.

    To sum up, Gibraltar Blockchain Exchange is certainly one of the top picks in the regulated fiat-crypto exchange landscape. The only metrics prohibiting it from receiving a perfect score is its low amount of coin offerings (understandable in a regulated environment), the lack of insurance for assets stored on the platform and relatively low liquidity and volumes.

    GBX Gibraltar Blockchain Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      NaN BTC

      • GBX Gibraltar Blockchain Total Trading Pairs

        N/A

        • GBX Gibraltar Blockchain Margin Trading

          Yes

          • GBX Gibraltar Blockchain Deposit fees

            Free

            • GBX Gibraltar Blockchain Fiat Deposit

              Yes

              • Accepted Payment Method

                Crypto to Crypto, Crypto to FIAT

                • GBX Gibraltar Blockchain Native token

                  true

                  • Native token smart contract

                    STACS

                    • GBX Gibraltar Blockchain Trading Markets
                      • GBX Gibraltar Blockchain Stablecoins trading

                        GBX Gibraltar Blockchain Withdrawals

                        • Daily Withdrawal Limit

                          0.0005 BTC

                          • GBX Gibraltar Blockchain Withdraw fees

                            0.0005 BTC
                            0.0005 BCH
                            0.005 ETH
                            Full list of fees here

                            • GBX Gibraltar Blockchain Withdraw fees discount

                              Discount based on STACS balance More details here

                              • Proof of Reserves

                                N/A

                                GBX Gibraltar Blockchain Overview

                                • Priding itself on its sophisticated security system and innovations, GBX aims to “redefine token listing standards”, as its platform suggests. The only cryptocurrency exchange known to be based in Gibraltar, GBX trades primarily in Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin. Recently, it has decided to add a new cryptocurrency to its list: ICNQ. The exchange has a full operating license from the Gibraltar Financial Services Commission (GFSC), which was granted under a DLT framework. This induced the Gibraltar government to announce a DLT regulation, making it the first government to have regulations on DLT, and also makes the stock exchange the first to own a regulated blockchain exchange. 

                                  The team behind the exchange is led by the CEO, Nick Cowan. They claim to have “exceptional track records and extensive collective experience.” The platform’s local currency is Rock Token, which can also be traded on the website. Its team aims to position the exchange among the “premiere Digital Asset Exchanges globally.” 

                                  The exchange doesn’t charge different fees between takers and makers and has a flat fee of 0.15%, which is well below the global industry average of 0.25%. This gives GBX a considerable advantage over other exchanges, making it more appealing to the average user. Withdrawal fee for Bitcoins is 0.0005, which is below the global industry average as well and renders the exchange quite competitive and attractive. If you want to start trading on GBX, you need to deposit money to your account. You can do so by wiring money through your bank, however, a credit card will not be accepted on the platform. This may cause certain inconveniences for those who prefer credit card deposits, however, it still renders the platform friendly to new cryptocurrency investors. 

                                  The fact that the exchange is government regulated allows for a significant security factor, as a government presence on the platform prevents the exchange from acting as a fraud or a scam. The exchange also carries a significant list of sponsoring firms which can be viewed on the platform, which is also a reassurance for the platform’s security. 

                                  The platform also has a mobile app for those who prefer to trade on the go, making the exchange pretty accessible. However, it is important to note that there isn’t an extensive list of interface languages available.

                                  GBX Gibraltar Blockchain Exchange Additional Information