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What are crypto brokers?

Updated: Jan 18, 2023

If you have ever used a cryptocurrency exchange, you will understand the convoluted process of working out how you deposit money and successfully buy/sell, whilst not having a person to go to directly when issues arise, or even to understand the whole crypto investment process in the first place.


Crypto brokers solve this problem, by giving clients the opportunity to deal with people promptly when they need help or if things go wrong.


A crypto broker therefore serves as a middleman between people buying and selling the cryptocurrency, whilst always providing a personalised service.


Advantages of a Crypto Broker

  • Service-driven experience

  • Typically, greater transparency with pricing as a result of dealing with people

  • You usually know who you are dealing with on a personal level

Disadvantages of a Crypto Broker

  • Some brokers could be unregulated, leading to a lack of trust for clients.

  • Some brokers may have anonymous identities - if the broker will not share their identity, there is likely a good reason why.

What is GlobalBlock?


GlobalBlock is a cryptocurrency brokerage based in Mayfair, London, and publicly listed on a Canadian stock exchange (TSX Venture Exchange) under the symbol “BLOK”. GlobalBlock was founded in 2018 by traditional finance entrepreneurs, who experienced how frustrating it was to buy cryptocurrency at the time. They had a vision - to create a cryptocurrency investing journey that was straightforward and where you deal with people who you can trust, hence founding GlobalBlock.

GlobalBlock

GlobalBlock is a company incorporated and registered in accordance with the applicable laws of the Republic of Lithuania as a virtual currency depository wallet operator and virtual currency exchange operator (Approved and Registered as VASP – Virtual Asset Service Provider).


What does GlobalBlock provide?


GlobalBlock App

1. GlobalBlock provides a trading platform for you to buy or sell a wide range of cryptocurrencies.

  • There are 20 pairs available via the app and when trading directly with our dealing desk (OTC) you can access over 100 different digital assets.

  • The app allows you to easily view your portfolio, access charting and keep on top of the latest crypto price movements.

2. GlobalBlock clients also gain personalised account managers, giving them the opportunity to take trades over the Phone or via our secure messenger, powered by Qwil. and Live Chat.


3. Furthermore, GlobalBlock provides a secure solution for clients to store your digital assets, as well as insurance options to cover clients against theft or malicious intent.



Why use GlobalBlock?


1. Service-led Experience

  • GlobalBlock offers excellent customer support. By gaining your own account manager, you can develop a personal relationship with a senior trader and be guided from start to finish in your investment journey.

Service-led experience

2. Staying Informed

  • GlobalBlock traders have developed astute expertise through decades of experience in financial markets and can aid you through every step of the way.

  • GlobalBlock clients can also receive a daily newsletter updating them on all the latest market updates which investors need to know about.

3. Publicly Listed

  • Trust is crucial for any business. It is the glue that binds companies to their customers and to the communities where they operate.

  • Trust is scarce in the cryptocurrency market currently but being publicly listed means that GlobalBlock builds trust with clients, by upholding to greater transparency and regulatory requirements.

4. Security

  • Custodial risk is a major concern for cryptocurrency investors.

  • GlobalBlock provide a secure storage solution as well as insurance options for clients.

Security

5. Transparent Pricing

  • GlobalBlock charges a fixed fee for buying or selling cryptocurrencies, with no hidden deposit or withdrawal fees.

  • GlobalBlock also makes it clear what you pay before a trade is executed.

Transparent Pricing

6. Straightforward journey

  • Your account manager can help you manage your investments.

  • GlobalBlock places an emphasis on customer service, so if you’re looking for a bit of guidance when it comes to trading and investing in cryptocurrency, GlobalBlock is the crypto broker you need!

Straightforward Journey


Get started today! You can sign up now by clicking here.

Register and trade today to be one of 50 people per month who will receive £50 of Bitcoin in their account!


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GC Exchange A/S is a company incorporated and registered in accordance with the laws of the Kingdom of Denmark (CVR 43088777), authorised by the Danish Financial Supervisory Authority (FTID 45020) as a Currency Exchange and registered as a Virtual Asset Service Provider (FTID 17524) under the Danish Act on the Prevention of Money Laundering and Financing of Terrorism. 

GlobalBlock is a trading name of GC Exchange A/S. Following GCEX’s acquisition of GlobalBlock, all services previously provided under the GlobalBlock name are now operated and managed by GC Exchange A/S.

 

All fiat and cryptoassets transferred to GC Exchange A/S are received and held on a title transfer basis, meaning ownership passes to GC Exchange A/S and clients hold a contractual claim for equivalent amounts. Fiat funds do not constitute deposits or electronic money under Danish or EU law and are not protected by any deposit guarantee or investor compensation scheme. Cryptoassets are not safeguarded or insured, and clients bear the full risk of loss.

 

Cryptoasset services are not regulated by the UK Financial Conduct Authority (FCA). Clients will have no recourse to the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS).

 

Cryptoassets are volatile investment instruments that carry a high degree of risk. The value of cryptoassets can go down as well as up, and you may lose the entire amount invested. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. If necessary, seek independent financial advice.

 

GCEX’s products and services are intended for professional and institutional clients only and are not marketed to retail clients in the United Kingdom.

 

The information on this website is provided for information purposes only and does not constitute investment advice or a solicitation to buy or sell any financial instrument or virtual asset.

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