Globiance

Globiance Review – Features, GBEX & Fees

What is Globiance?

Globiance is a financial services group that offers a comprehensive suite of services bridging the gap between traditional banking and cryptocurrencies. Established in 2018, its platform supports the exchange and trading of both fiat (like SGD, EUR, HKD, GBP, USD) and cryptocurrencies, along with offering stablecoins in major currencies, various payment solutions, and global transfers​ (Globiance)​.

The exchange is known for integrating crypto services with traditional banking operations, starting its journey with business-to-business (B2B) crypto services. Globiance places a strong emphasis on regulatory compliance and customer satisfaction, providing a robust platform that is designed to be future-proof and user-friendly. But, it also has low fees and high reliability​.

Additionally, Globiance operates its own decentralized exchange (DEX), the GlobianceDEX, on the XDC Network. This network is compatible with the Ethereum virtual machine, which allows for smooth transitions and functionalities for Ethereum developers. The DEX features an Automated Market Maker (AMM), promising fast transactions and low costs​​.

Overall, Globiance aims to make financial services more accessible and integrated with the digital economy, catering to both corporate and retail customers.

How to Open an Account on Globiance?

To open an account at Globiance, follow these steps:

• Go to the official Globiance website. Depending on your region, you may need to select the appropriate regional site (e.g., Europe, USA, Australia, etc.)​.
• Click on the “Sign Up” or “Get Started” button usually found on the homepage. This will direct you to the registration page where you can begin the account creation process​.
• Fill in the required personal information, including your name, email address, and phone number. You will also need to create a secure password.
• After submitting your information, you will receive a verification email. Click on the link provided in the email to verify your email address.
• Globiance requires users to complete KYC verification. You will need to upload identification documents such as a passport or driver’s license and possibly proof of address (like a utility bill) to verify your identity.
• For added security, it’s recommended to enable 2FA. This involves setting up an authentication app like Google Authenticator or Authy on your mobile device.
• Once your account is verified, you can deposit funds into your account. Globiance supports multiple funding options, including bank transfers, credit cards, and cryptocurrency deposits​.

After funding your account, you can start trading various cryptocurrencies and fiat currencies on the Globiance platform. You can also explore other features like staking, payment solutions, and using the Globiance DEX.

Is Globiance a Safe Exchange?

Globiance is considered a safe exchange to trade crypto on due to several factors. It is a licensed and regulated entity that follows strict policies to safeguard users’ digital assets and personal data. This regulatory compliance enhances its credibility and security standards​​. The platform requires users to complete Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to boost security and reduce the risk of fraudulent activities​.

Globiance also implements robust security measures, including two-factor authentication (2FA) for account access, to protect user accounts from unauthorized access. The platform’s infrastructure is designed to prevent and mitigate potential security threats. It maintains transparency in its operations, providing detailed information about its services, policies, and regulatory status.

Account Management

Account management on Globiance includes a number of features and tools designed to provide users with complete control over their crypto and fiat assets. For instance, Globiance allows users to hold and manage multiple currencies, both fiat (such as EUR, USD, SGD, HKD) and cryptocurrencies (like BTC, ETH, XDC, XRP, GBEX, USDG, and EURG). This enables users to conveniently manage their diverse assets from a single account.

The platform also offers a user-friendly interface that can be accessed via both web and mobile apps. This allows users to easily manage their accounts, execute trades, and monitor their portfolios. The mobile app includes features like Point of Sale (POS) and QR Pay for flexible and on-the-go transactions​.

Users can fund their accounts through various methods including bank transfers, credit cards, and cryptocurrency deposits. Withdrawals are also supported in multiple fiat and crypto options, providing flexibility and convenience for moving funds in and out of the platform​. Globiance offers staking options where users can lock up their assets to earn rewards. This is part of their broader suite of financial services aimed at providing users with opportunities to grow their investments through passive income strategies.

Globiance Pricing and Fees

Globiance.com offers competitive pricing and fee structures designed to provide value to its users. Globiance charges low trading fees to encourage frequent trading. The exact fee rates can vary based on the trading pair and the user’s trading volume.

There are also fee tiers, based on their activity and holdings, which is very user-friendly. For instance, holding a certain amount of GBEX tokens might qualify users for reduced trading fees. Fees for depositing and withdrawing fiat currencies depend on the payment method and the user’s region. Bank transfers might incur different fees compared to credit card deposits. Typically, bank transfers are lower in cost but might take longer to process​.

Deposits in cryptocurrency are usually free or come with minimal fees, while withdrawals are subject to standard blockchain network fees, which can vary depending on the specific cryptocurrency being transferred. If users participate in staking, Globiance might charge a small fee from the staking rewards. This fee helps cover the operational costs associated with managing the staking services.

For users utilizing Globiance’s payment solutions, there might be fees associated with processing payments. These fees are competitive and designed to support businesses and individuals using the platform for transactions. Users holding GBEX tokens can enjoy reduced fees across various services. This provides an added incentive for users to invest in and hold GBEX tokens.

Globiance occasionally offers promotions and discounts, especially for new users or during special events, to further reduce the cost of using their services.

Customer Support

Here are some key features of Globiance customer support:

• 24/7 Availability: Globiance provides customer support 24/7, ensuring that users can get assistance at any time, regardless of their time zone. This round-the-clock support is crucial for addressing urgent issues and ensuring smooth operations​.
• Multiple Support Channels: Users can access support through various channels, including email support, live chat, social media platforms like Twitter, Facebook, and Telegram.
• Comprehensive Help Resources, such as FAQs and knowledge base: Detailed articles and frequently asked questions help users find answers to common issues, such as best cryptocurrencies to invest in, and so on.
• Guides and Tutorials: Step-by-step guides and video tutorials to help users navigate the platform and utilize its features effectively​.
• Personal Touch: Globiance emphasizes customer satisfaction with a personal touch, ensuring that support interactions are tailored to individual user needs. This personalized approach helps build trust and ensures that users feel valued and understood.
• Feedback and Improvement: Globiance actively seeks feedback from its users to continually improve its services. User suggestions and feedback are taken into consideration to enhance the platform and address any pain points.

Customer Reviews

On the positive side, users have reviewed the platform positively for its comprehensive services, which include trading in fiat and cryptocurrencies, payment solutions, and staking options. The platform is also noted for its user-friendly interface, with many finding it easy to navigate thanks to its clean and intuitive design. The availability of both web and mobile apps was seen as very convenient, as it allows users to manage their accounts on the go.

The platform adheres to regulatory standards and employs robust security measures, and most users appreciated the safety of their assets and compliance with legal requirements. Additionally, the competitive fee structure of Globiance is a significant draw, especially for high-volume traders, as low fees help maximize profitability.

However, there are some negative aspects that users have pointed out. Service availability is one such issue, with some users noting limitations in the availability of certain services in specific regions. This inconsistency can be a drawback for those expecting a uniform experience across different locations. Technical issues have also been reported, such as slow transaction processing times or temporary downtimes, but this was not widespread.

Overall, Globiance is viewed positively for its comprehensive service offerings, user-friendly interface, strong customer support, and robust security measures. However, it faces challenges such as regional service availability and occasional technical issues, which it needs to address to maintain and grow its user base.

Final Words

Globiance is a versatile financial services platform that bridges traditional banking and cryptocurrencies, offering a wide range of services including fiat and crypto trading, payment solutions, and staking. Established in 2018, it has grown to provide comprehensive, user-friendly services through both web and mobile apps. Globiance is recognized for its low trading fees, strong security measures, and adherence to regulatory standards, which enhance user confidence in the platform.

Customer reviews highlight several strengths of Globiance, such as its comprehensive service offerings, responsive 24/7 customer support, and ease of use. However, some users have pointed out occasional technical issues and regional limitations in service availability. Despite these challenges, Globiance remains competitive in the crypto exchange market. All things considered, Globiance is well-regarded for its secure, low-cost, and versatile platform, making it a strong choice for both individual and corporate users looking to manage both fiat and cryptocurrency assets​​.

FAQ

What is Globiance?

Globiance is a financial services platform that integrates traditional banking and cryptocurrencies. It offers services such as trading in fiat and cryptocurrencies, payment solutions, and staking, catering to both individual and corporate users.

How can I open an account on Globiance?

To open an account, visit the Globiance website, select your region, and click on “Sign Up”. Provide your personal information, verify your email, complete the KYC process, and enable two-factor authentication for added security​.

What are the trading fees on Globiance?
Globiance offers competitive trading fees, which vary based on the trading pair and user’s trading volume. Users can also benefit from fee reductions by holding GBEX tokens​.

Is Globiance a secure platform?

Yes, Globiance is a secure platform. It is regulated and licensed, adheres to strict KYC and AML protocols, and employs robust security measures like two-factor authentication to protect user accounts and assets.

What types of customer support does Globiance offer?

Globiance provides 24/7 customer support through various channels including email, live chat, and social media. The platform also offers a comprehensive knowledge base with FAQs and tutorials to assist users.

What services does Globiance offer?

Globiance offers a range of services including multi-currency accounts, crypto and fiat trading, payment solutions, staking options, and a decentralized exchange (DEX) on the XDC Network.