GEX: Georgian Crypto Exchange Expands to Regional Markets

September 14th, 2020 at 6:45 pm UTC · 2 min read

GEX: Georgian Crypto Exchange Expands to Regional Markets

Tbilisi-based announced its successful launch this summer as the highest liquidity exchange in Georgia. With consistently high daily trade volumes, GEX is now bringing in customers from neighboring countries, such as Armenia, Azerbaijan, and Turkey.

GEX allows customers to buy or sell bitcoin and other cryptocurrencies locally via credit card and bank transfer or internationally via wire transfer. GEX customers can easily execute transactions with the click of a button or implement popular trading algorithms using market and limit orders.

Having researched the local market extensively, GEX aims to appeal to regional users who previously had limited access to cryptocurrencies. As a result, GEX already has hundreds of users actively trading bitcoin and other cryptocurrencies.

The GEX platform was developed by both local and US-based experts in UX, blockchain, and finance. It presents a simple and intuitive experience with a flexible trading environment.

Khvicha Kopinadze, CEO of GEX said,

“People in our region are increasingly interested in bitcoin and other cryptocurrencies, even though there are often obstacles to accessing them. Based on this one most important factor, we decided to create a platform where users could trade in the world’s most popular cryptocurrencies with USD or GEL, using a credit card or bank transfer, after completing a quick registration form. Our users can be trading on our exchange within one working day from registration and our interface is very intuitive.”

GEX is on track to become the leader in the region’s cryptocurrency market.



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