While there are many derivatives exchanges that GlobeDX is going up against, its team is particularly keen on catching Binance Futures. As the world’s largest spot and futures exchange, Binance’s shadow looms over the crypto landscape. Having attracted greater participation in its presale than Binance did in 2017, and onboarded more than 200 partners already, Globe is well placed to achieve this goal.
It will take years to match the volume and liquidity that Binance boasts, but Globe isn’t short of ambition. And with an $18 million warchest to bootstrap its early efforts, all the tools are in place for a successful debut year.
On April 30, the public sale for the GDT token will be held, giving traders an opportunity to acquire Globe’s native utility token. With BNB the best performing exchange token of all time, it will be interesting to see how GlobeDX fares in this respect as the platform grows. Initially, the GDT token will grant a discount on trading fees, and there is the promise of assigning control to the community using GDT as a mechanism for orchestrating governance. Adual token sale, held on Ignition and SuperFarm’s launchpad, will enable early adopters to claim their share of the spoils before putting crypto’s newest derivatives exchange through its paces.
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