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United Kingdom
2018 (8 Years)
Last online: No recent activity
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know GlobeDX
Company Information
Get to know GlobeDX
GlobeDX was a centralized cryptocurrency derivatives exchange that aimed to bridge the gap between DeFi and CeFi. Launched with backing from prominent investors like Y Combinator, Pantera Capital, and Dragonfly Capital, the platform offered perpetual futures contracts with up to 100x leverage on various digital assets. Its mission was to provide a high-performance, secure, and user-friendly trading experience for both retail and institutional traders. Despite its initial launch and funding, the company ceased its exchange operations in November 2021.
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