What is Globitex

Globitex is an institutional grade Bitcoin exchange, with a fully functional FIX API connectivity, offering direct market access for algorithmic traders.

Having built the exchange to meet sophisticated institutional client needs, we now operate Globitex from the starting point of allowing the exchange of the Bitcoin and Euro trading pair on a secure and well-established platform. Building Globitex with a view to the future, however, requires tackling one of the major issues that Bitcoin faces: liquidity, or the current lack thereof.

Therefore, one of the first goals for Globitex is to launch other major currency pairs; to expand the Bitcoin-FX order books, thus covering instant trading, deposits, and withdrawals in major currencies around the globe. The next step is to develop cryptocurrency money markets, where eligible market participants are able to lend out their assets at specific maturities by setting market-based interest rates. The development of a money market in Bitcoin will be the major catalyst in increasing liquidity and equalising supply and demand for Bitcoin in the spot market, as well as for various time future time frames, potentially transforming it into the most liquid currency.

As Bitcoin liquidity increases, and as large money orders can be easily accommodated, Globitex will then enable standardised listing of various commodities futures and options on an open order book basis. The derivative contracts will be

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