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Globitex is an institutional grade Bitcoin exchange, with a fully functional FIX API connectivity, offering direct market access for algorithmic traders. Next month, Globitex is going to issue the GBX utility Token. The Token will be issued as an EIP-20 (previously known as ERC-20) compliant Ethereum smart contract. The GBX Token will primarily be used for the settlement of trades on the Globitex exchange, serving as a commission payment token. It will also function within loyalty programs planned for Globitex clients and contributors, whereby the contributors will be participating in the company’s overall success. Please note that the GBX Token can be acquired during the Globitex token sale which will start on 8. Nov 2017 using Ether (ETH), Bitcoin (BTC) and Bitcoin Cash (BCH).