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Globalblock Digital Asset Trading Ltd
Symbol BLOK
Shares Issued 104,948,741
Close 2021-09-23 C$ 0.73
Recent Sedar Documents

Globalblock begins offering over 80 digital assets

2021-09-23 13:50 ET - News Release

Mr. Rufus Round reports

GLOBALBLOCK UK MAKES OVER 80 DIGITAL ASSETS TRADABLE

Clients of Globalblock Digital Asset Trading Ltd.'s wholly owned operating subsidiary, GlobalBlock Ltd. (GlobalBlock U.K.), are now able to invest in and trade over 80 digital assets through GlobalBlock U.K.'s platform. These digital assets can be bought, sold and held across GlobalBlock U.K.'s combined service offerings of telephone, on-line trading platform and mobile app.

GlobalBlock U.K. does not offer margin-leveraged trading, as it is focused on being a service-led, safe, secure and transparent cryptocurrency-trading business. Unlike many other digital-asset-trading platforms throughout the cryptocurrency space worldwide, GlobalBlock U.K. does not charge any fees for deposits or withdrawals and charges a maximum 1-per-cent commission on the top 20 coins offered and a 2-per-cent commission on remaining alternative coins, which are comparatively cheaper than many other providers and exchanges. The combination of low costs, transparent pricing and personalized service makes GlobalBlock U.K.'s proposition highly compelling to people looking to trade a wide range of cryptocurrencies. So far in the month of September, the top-five most popular traded assets by volume order through GlobalBlock U.K.'s platform are: bitcoin, ethereum, solana, quant and polkadot.

Tim Bullman, head of sales and trading at GlobalBlock U.K., said: "Being able to offer the widest possible range of high-quality digital assets for our clients is important, and we aim to soon expand further the number of digital assets available for trading across our telephone broking service, mobile app and on-line platform. We see ourselves as not only providing a market-leading personalized digital asset trading service, but a low-cost one."

The company looks forward to providing future updates as GlobalBlock U.K. makes further additions to the digital assets that can be bought, sold and held across its platform.

About Globalblock Digital Asset Trading Ltd.

Globalblock Digital Asset Trading is a publicly traded holding company. Its wholly owned subsidiary, GlobalBlock U.K., is a United Kingdom-based digital asset broker that provides a personalized telephone brokerage service, trading platform and mobile app. Established in 2018 by an experienced team of financial service professionals, GlobalBlock U.K. acts as a trusted agent serving the digital asset needs of individuals, corporations, institutional financial firms and intermediaries, providing best execution trading and safe custody of digital assets.

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