GBX or Gibraltar Blockchain Exchange has been continuing its consistent efforts of including support to new cryptocurrency tokens on GBX-DAX, its platform for Digital Asset Exchange. The latest entrant on the platform is OmiseGO token (OMG), as per the official reports published on 27th February. The platform will have OMG tokens being traded in pairs with ETH, BTC as well as the USD.
The founder and managing director of the Gibraltar Stock Exchange (GSX) Group Limited, Nick Cowan, stated in his official statement that the team of OmiseGO nurtures the sought-after values of scalability, safety, and interoperability. He further stated that they are proud to give support for the tokens of OmiseGO on their GBX-DAX policy, seeing the values shadowed by OMG. The founder went on to say that this phase will aid meaningfully improve the platform’s development which is making reimbursement entry focused on making real-time, scalable and transparent transactions.
The system of OMG is not only unwavering to indorse interoperability and monetary participation but also distillates on providing an apparatus that is dispersed for both future decentralized frugality and monetary systems. To achieve this, it has allowed creating and increasing with a coupled with even operation of the decentralized applications on its OMG system, stressing the decentralized monetary scheme’s obligation of ease of convenience and flexibility.
OmiseGO token is proficient of easing quick exchanges and dealings as it is documented ERC-20 token, the impeccably across a diversity of blockchains. It also provides quick dealings among many blockchains. OMG has been fortified the 30th position in the present list especially when we talk about the market capitalization pieces of information of the digital amounts of money.
Cowan was quoted saying in his statement,
“As the seventh token to be listed on the GBX-DAX since the turn of the year, the addition of the OMG token represents the continuation of the strong upward trajectory we are experiencing.”
The GBX-DAX has positively reached the Gibraltar Financial Services or GFSC’s Commission’s full DLT License. Meanwhile then, it has developed the initial exchange that is assured, regulated and detained by GSX, a conservative stock exchange.
Created on the Ethereum platform, OmiseGO’s motto is to develop as a foremost, peer-to-peer cryptocurrency exchange platform. OmiseGO is not only about altcoin it is more than that. It’s created to be monetary policy, with the determined of disorderly present monetary practices and institutions. It’s all created on top of Ethereum, one of the most prevalent decentralized app platforms on the market at present.