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Globitex.com Exchange Review : EU Licensed Financial Institution

Verna by Verna
December 10, 2019
in Uncategorized
Reading Time: 5 mins read
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globitex.com
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About Globitex.com

Globitex.com team is building next generation financial infrastructure for the digital asset world. By combining an institutional grade digital asset exchange with a licensed e-money institution on the same platform, we are ensuring that the crypto trader or company is no longer required to have a bank account at a legacy financial institution to do their business.

With Globitex you can do it all from converting digital assets into fiat currency to sending fiat directly to another exchange for arbitrage as well as making fiat payments to your suppliers or employees. On top of that, all of these functions are available for integration into your business flow via API, making this the ultimate infrastructure for your digital asset business. Join Globitex, the ultimate cross crypto-fiat infrastructure provider.

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Operating company 

Exchange name Globitex.com
Support 24/7
Langugae English
Protection 2FA
Taker Fee 0.2%
Maker Fee up to 90%
Official site https://globitex.com/

How To  Start With Globitex.com

To start trading with Globitex.com ,Indian residents first have to sign up for an account by following the steps below.

Step 1. Click on the “Login/Signup” link on the top right hand corner of the Globitex.com  website.

Step 2. In the form, fill in your first name, last name, mobile number, email ID and password.

Step 3. If you have a referral code, enter the code while creating your account.

Step 4. Submit the form and wait for an activation email to be sent to you.

Step 5. Click on the “confirm email” link in the activation email.

Step 6. After your account is activated, you’ll be sent a 6 digit one time password (OTP), which you have to enter after logging into your Globitex.com account.

Trading Fees.

Maker Orders and Taker Orders are charged a fee as a percentage of the Trade value, expressed in the relevant quote currency. The current fees are posted on the Globitex Website. By placing an Order on a Globitex Order-book, you agree to pay all applicable fees and you authorise Globitex to automatically deduct fees directly from your Globitex Account.

New clients have a 14-day free trial, where no taker and maker fees are charged. After the trial period has ended, the standard commission plan will be enabled. The 14-day free trial starts automatically once your application is approved and your account is active and will end in exactly 14 days, by automatically switching to the Individual / Corporate account commission plan.

Globitex has enabled trading fees (commissions) for each trade performed on the Globitex Exchange. You are able to see your commission plan in your Globitex account under the “Account Status” page.

The commission plan* is as follows:

Commission Plan
Taker Fee
Maker Fee
Individual / Corporate account
0.2%
0%

Payment Fees.

Fees apply to incoming and outgoing Fiat currency payments. All fees are disclosed on Globitex Website. Depending on the payment type, there may be fees applicable to the payment over which Globitex has no control (e.g. certain correspondent bank fees), Globitex shall not be liable for any losses due to these fees. Payment fees are netted out of transfers to or from Globitex. We will not process a transfer if associated payment fees exceed the value of the transfer. Globitex may also charge a payment investigation fee where it needs to obtain additional information about a payment.

Deposit Fees Withdrawal Fees
SEPA (Euro) EUR 0 SEPA (Euro) EUR 0.30
International (Euro) EUR 10* International (Euro) EUR 30
GBX token Miner’s fee** GBX token Miner’s fee**
Cryptocurrency Free*** Cryptocurrency Miner’s fee

Network Fees.

Globitex will apply network fees (miner fees) to process a Cryptocurrency transaction on Blockchain on your behalf. Globitex will calculate the network fee in its discretion, although Globitex will notify you of the network fee at the time you authorise the transaction, however, Globitex at its discretion may choose to revert the Cryptocurrency transaction amount in your Account, or Globitex may process a Cryptocurrency transaction on Blockchain on your behalf with a higher miner fee without notification and by deducting the relevant fee amount from your Cryptocurrency transaction amount or Account if the relevant transaction is not processed within a reasonable time frame with the initial miner fee.

EURO Wallet Fees.

There are fees associated with the use of the EURO Wallet. The fees for main services are listed below. Please be aware that this list is not exhaustive and there are possible additional fees for specialized services. You will be informed explicitly about services that incur such fees.

Countries

Globitex accepts clients worldwide, including from the USA. The only exceptions are some countries subject to international sanctions: North Korea, Iran, Iraq, Syria, Yemen, Afghanistan, Somalia, South Sudan.

2FA

The platform has also installed a number of safeguards to help keep your funds safe. This includes the option of setting up two-factor authentication (2FA), which will require you to enter a unique code from your mobile phone every time you log in to your account.

Customer Support?

The team at Globitex claims to offer “Friendly and Responsive Customer Support”. In order to speak with a support agent, you have two options. You can either fill out an online support ticket via your account or send an email directly at [email protected] Alternatively, the platform also has a strong presence on social media, which is always a good sign. This includes Facebook, Twitter, Telegram and Reddit.

Article Disclaimer

The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .

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Verna

Verna

One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.

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