Globitex is a trading platform starting to operate in 2017. The users are able to perform cryptocurrencies trading actions (buy/sell) using the platform services. Globitex has their own utility token GBXT, launched in 2018 and accepts EUR, XBT, BCH, ETH, and GBXT as a deposit method. The trading platform provides proper security with two-factor authentication, low deposit and withdrawal fees.

The GBXT token is an Ethereum-based (ERC-20) cryptocurrency. It is usable to cover commission payments for the trades performed on the Globitex platform. All registered clients of the Exchange are able to redeem GBXT tokens as payment for commissions. Overall, the GBXT Token is expected to have a 10 year lifetime, during which time, tokens can be redeemed, loyalty programs and other success-related benefits enacted.