GBEX to Fiat Converter

### Globiance: A Fintech Platform with Crypto Solutions

Globiance is a fintech platform offering a centralized exchange, banking services, payment gateways, stablecoins, and a decentralized marketplace. It provides fully regulated services for corporate and retail customers across multiple countries on five continents, integrating cryptocurrency solutions with traditional banking.

### GBEX: The Native Utility Token

GBEX is the native utility token for the Globiance ecosystem, used for transactions and fees across all Globiance platforms.

Key Use Cases of GBEX:
- Processing transaction fees.
- Running liquidity pools on the network.
- Governance voting to determine resource allocation and token development.

### GBEX Tokenomics
- Exchange Token Generation 3.0 – Designed for efficiency and utility.
- Deflationary Mechanism – A 4% transaction tax applies:
- 2% burned (reducing total supply).
- 2% distributed to holders (rewarding long-term participation).
- Anti-Whale Protection – Limits wallet holdings to 0.5% of total supply to prevent market manipulation.

### Frequently Asked Questions

#### Why is GBEX needed?
GBEX is a utility token with deflationary mechanics, used for fee payments on Globiance platforms. Users benefit from discounts when paying with GBEX, driving organic adoption and trading volume.

#### Where can I buy GBEX?
- Centralized Exchange (CEX): Globiance CEX
- Decentralized Exchange (DEX): GlobianceDEX (via D'CENT or XDCPay)
- Other Platforms:
- SWFT Blockchain
- Probit Global
- IndoEx

#### How do burn events work?
Every GBEX transaction incurs a 4% tax:
- 2% is permanently burned (reducing supply).
- 2% is distributed to holders (incentivizing long-term holding).

This mechanism ensures continuous supply reduction while rewarding token holders.

#### Who are the founders of Globiance?
Globiance was founded in 2018 by Irina La Rosa, Oliver Marco La Rosa, Alexander Pfau, and Sascha La Rosa. Oliver Marco La Rosa brings over 13 years of experience in fintech and banking IT solutions.

The project is supported by a global CORE team of directors and over 150 employees across five continents. Learn more about the team here.

#### What is GlobianceCEX?
GlobianceCEX is a licensed centralized exchange supporting:
- Fiat-to-fiat and fiat-to-crypto transactions.
- Instant withdrawals to wallets or bank accounts.
- Multi-currency accounts (supporting multiple fiat and cryptocurrencies).
- Payment processing (internal, national, and international via crypto, SEPA, or SWIFT).

#### What is GlobianceDEX?
GlobianceDEX is a decentralized exchange built on the XDC Network, functioning as an Automated Market Maker (AMM). It enables:
- Liquidity pool creation.
- XRC-20 token swaps.
- Low-cost, high-speed transactions with incentives for liquidity providers.

#### What stablecoins does Globiance offer?
Globiance issues fiat-pegged stablecoins on the XDC Network, reducing transfer costs while improving efficiency. Current stablecoins include:
- SGDG (Singapore Dollar)
- HKDG (Hong Kong Dollar)
- USDG (US Dollar)
- EURG (Euro)
- GBPG (British Pound)

Additional stablecoins (e.g., CNYG, JPYG, KRWG) are under consideration as Globiance expands into new markets.

#### How do Globiance’s banking services work?
Globiance provides corporate accounts with:
- Multi-currency support.
- Fast approval (within 24 hours).
- SEPA and SWIFT compatibility.
- High-limit debit cards (10+ per business account).

#### What is GlobiancePay?
GlobiancePay is the banking division of Globiance, fully regulated in all operational jurisdictions.

#### Is Globiance regulated?
Yes, Globiance operates under full regulatory compliance in every jurisdiction it serves, with legal teams ensuring proper entity structuring and brand protection.

#### Where can I read the Globiance whitepaper?
The whitepaper is available on the Globiance website and on individual product pages.

For more details, visit Globiance.com.