• Mon, 26 Aug 2019, 06:54 AM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

Gibraltar Blockchain Exchange lists NEM’s XEM token on GBX-DAX

Wed, 06 Mar 2019, 10:01 am UTC

The Gibraltar Blockchain Exchange (GBX) has added support for XEM, the native currency of the NEM public blockchain, on its Digital Asset Exchange (GBX-DAX).

According to the official release, XEM was brought to the GBX-DAX by the Sponsor Firm Techemy and will have trading pairs with USD, BTC, and ETH on the GBX-DAX.

“The NEM project is spearheading the drive for mass adoption of blockchain and digital assets by reducing the cost and barriers to entry for established enterprises — a goal that is reflected in our own objectives,” Nick Cowan, Managing Director and Founder of the GSX (Gibraltar Stock Exchange) Group Limited said.

“The listing of XEM on the GBX-DAX is further demonstration of our commitment to introducing strong, viable trading opportunities to our community of users.”

XEM is currently among the top 20 cryptocurrencies by market cap. It is used for transaction payments in order to incentivize the network of public nodes on the NEM blockchain.

NEM enables users to quickly and easily create custom assets and its blockchain platform was designed and coded from the ground up for scale and speed. NEM’s permissioned private blockchain delivers industry-leading transaction rates for internal ledgers, the release said.

“We are delighted to have XEM listed on the GBX, as a regulated exchange, with insurance. It is a great opportunity for the NEM community to trade XEM and safely store their digital assets with confidence,” David Mansell, Co-Founder and Director at NEM Ventures said.

“We believe the NEM project is key to bringing about greater Blockchain adoption, their core values are aligned with those of GBX and we look forward to building a tokenised future together.”

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $10,355.70 (+2.58%)
  • Ethereum (ETH) $190.85 (+0.65%)
  • XRP (XRP) $0.272600 (+0.57%)
  • Bitcoin Cash (BCH) $312.39 (+1.72%)
  • Litecoin (LTC) $74.46 (+1.98%)
  • Bitcoin (BTC) $10,355.70 (+2.58%)
Aug 26, 2019 (Monday)
04:09
Crypto startup Circle eyes $100M fundraise for its crowdfunding arm SeedInvest
04:05
BitPay, Blockchain.com team up to offer a new way of bitcoin spending
04:04
Binance offers lifetime VIP membership to hack victims, blames KYC vendor for image leaks
Aug 23, 2019 (Friday)
11:35
Stablecoin project Terra receives funding from HashKey Capital
10:49
Three of the founding members of Libra Association consider backing out: Report
08:55
Overstock's Patrick Byrne steps down as CEO
08:52
Pundi X brings XPOS crypto payments to Venezuela's Traki retail stores
07:22
Blockchain startup Blockstack scores strategic investment from Japan's Recruit Holdings
07:19
BitGo announces support for multi-signature EOS wallet and custody services
06:39
US Treasury blacklists crypto addresses of suspected Chinese fentanyl traffickers
06:14
Chainalysis launches ‘Chainalysis KYT Alerts’ to detect suspicious cryptocurrency activity in real-time
05:13
Cryptocurrencies used to buy fentanyl, other illicit drugs: White House
05:04
Blockchain energy startup Power Ledger extends energy trading trial in Fremantle
03:53
Blockchain accelerator initiatives launched at the University of California campuses
Aug 22, 2019 (Thursday)
13:05
Crypto exchange Coincheck mulls launching IEO Platform
12:46
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:53
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
11:42
Sierra Leone launches blockchain-based National Digital Identity Platform
10:43
Blockchain startup Blocko secures $7.4M in Series B+ round from major South Korean financial institutions
09:52
Crypto Technicals: Ethereum Classic ignores crypto space weakness, extends gains to break above 200-DMA
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft