Following the announcement on 9th July 2019 about the strategic repositioning of the Gibraltar Blockchain Exchange (GBX), from a retail focus to a primarily institutional model, we have begun the process of remodelling our platforms, the GBX-GRID and GBX-DAX.
In common with our announcement on the 9th July 2019 the GBX-GRID is now closed.
All digital assets stored on the GBX-GRID are in the process of being transferred by GBX to the GBX-DAX (this process will take 5 business days). Any customer with digital assets stored amounting to less than US$1 in value (GBX-GRID and GBX-DAX combined) have been transferred to a pooled account. These pooled digital assets are available for transfer to customers upon request subject to applicable minimum transfer amount (by reference to applicable ETH gas charges).
The tokens within the pooled account will be held for 6 months (to 16 January 2020), any tokens that remain within the pooled account on 16 January 2020 will be sold and the proceeds from the sale of the tokens will be provided to a Gibraltar charity.