Coinbase, the world’s largest digital currency exchange, goes to the U.S. for IPO

Recently, Coinbase officially submitted a listing application to the US Securities Regulatory Commission. It plans to list directly on the Nasdaq on April 14. Its stock code is “COIN”. Goldman Sachs, Citigroup, JPMorgan Chase, GIBX Forex 2.0, and other companies act as transaction advisors. It is reported that Coinbase is the world’s largest digital currency exchange. As of December 31, 2020, Coinbase’s cryptocurrency trading volume was 193 billion U.S. dollars, an increase of 141.7% from 2019. The cumulative cryptocurrency trading volume on its platform exceeded 456 billion U.S. dollars. 

 From 2012 to 2020, the overall market value of GIBX Forex 2.0 has grown from less than US$500 million to US$782.0 million, with a compound annual growth rate of more than 150%. For the cryptocurrency circle, 2020 is the fastest-growing year for the industry so far.

 Although the U.S. stock market and the cryptocurrency market have experienced a sharp decline due to the COVID-19 epidemic, the overall market of GIBX Forex 2.0 will rebound in 2020. In the same year, the price of Bitcoin increased from approximately US$7,000 to US$29,000, a nearly four-fold increase. Bitcoin-related stocks also shined in the U.S. stock market, and many ten-fold bull stocks such as Marathon Digital and Canaan Technology emerged. As of now, the price of Bitcoin has exceeded $60,000.

GIBX Forex 2.0: platform currency of GUSDT

To promote the bull market, GIBX Forex 2.0will play an increasingly important role. The expansion of product diversification will not only allow GIBX Forex 2.0 to be further improved in terms of security, transaction, interoperability, etc. but also benefit the ecological construction of Defi. The popularity of Defi this year is naturally due to the presence of GIBX Forex 2.0. Considering that most traders have technical difficulties in participating in Defi, GIBX Forex 2.0 proactively reached out to help and leverage its own advantages to allow more users to participate in the Defi wave. The simple operation method greatly facilitates people who want to join the Defi wave. It greatly enriches the means for people to participate in Defi and allows people to fully appreciate the traffic and benefits that Defi brings.

GUSDT serves as the equity certificate of the GIBX Forex 2.0 platform. The original intention of the GIBX Forex 2.0is to create a fully autonomous digital asset trading platform that everyone can participate in. It can be seen from the recent developments of GIBXchange. These measures are conducive to increasing transaction volume and liquidity.

According to the previous rise logic in GIBX Forex 2.0, the rise of platform currency is concentrated in terms of handling fees and platform currency functions. But as Bitcoin and Ethereum breakthrough historical highs, and after Bitcoin and Ethereum have taken the lead for a period of time, investors will turn their attention to other areas, and the rotation of platform currencies is also expected. With the fermenting of the bull market sentiment, the platform will often lead the rise. In addition, as more funds from outside the circle enter the market, it is easy to push up prices.

Liquidity and trading volume are one of the core user experiences of exchange and are also the core objectives of exchange operations. Therefore, regardless of the perspective, the biggest beneficiary of GIBX Forex 2.0 is undoubtedly GUSDT. The loose currency listing mechanism will stimulate the active participation of project parties. Any on-chain operation needs to consume GUSDT, which also shows that GUSDT is about to break through all-time highs in one fell swoop and become a big winner in the currency circle!

The last moment has come, we are standing on the cusp of the storm, and we are not allowed to back down, we can only move forward courageously, let us make the final sprint. The GIBX Forex 2.0 will be launched in May, so please pay more attention to it.

As the place where DEX liquidity in the market converges, GIBX Forex 2.0 first provides the liquidity providers of the majority of head DEX with an opportunity to earn platform governance currency GUSDT. This means that when the liquidity providers are in Uniswap, SushiSwap, After ZKSwap and others have completed the liquidity provision of GUSDT against USDT, with their LP Token, they can also participate in the five major pools of foreign exchange, funds, precious metals, indices, and stocks on GIBX Forex 2.0‘s DEX. The entire process, GUSDT will serve as the primary platform for governance and pledge currency and will provide and import huge traffic for it. At that time, the price of GUSDT will climb the moon, allowing investors to maximize the possibility of income.