Globe
Globe, formerly known as Fifth Row Technologies, is a fintech company based in Seychelles specializing in cryptocurrency derivatives trading, including innovative products like VIX Futures and Metaverse indexes.
History
Globe, formerly known as Fifth Row Technologies, was launched on December 4, 2018. The company is part of the Y Combinator W19 batch, illustrating its solid foundation in the fintech industry. It operates fully remotely with a base in Seychelles, targeting regions such as Seychelles, Africa, and other remote locations. Globe has positioned itself as a significant player in the fintech sub-industry focused on cryptocurrency derivatives trading and has been in the growth stage since its inception.
Industry
Globe operates within the fintech industry, specifically focusing on banking and exchange services. The company caters to cryptocurrency traders by offering a range of financial products and services. As a part of the burgeoning sector of cryptocurrency derivatives trading, Globe's offerings include spot market trading, futures trading, and innovative products like VIX Futures and Metaverse indexes. They also provide sophisticated position management tools to enhance trader experience directly on the price chart.
Services
Globe offers a comprehensive suite of services tailored for cryptocurrency traders. These services include spot market trading, futures trading, and unique products such as the bitcoin VIX and Metaverse indexes. The company provides advanced trading tools that allow users to manage their positions directly on the price chart. Globe also supports 100x leverage and cross-margin for risk management, ensuring deep liquidity for trading with zero slippage. Other notable services include treasury management, a referral program, and staking opportunities for users to earn yields.
Products
Globe's product lineup features several key offerings for cryptocurrency traders. These include traditional spot market and futures trading options, along with unique products such as the VIX Futures and Metaverse indexes. They also were the first to offer low latency perpetual futures exchange, which enhances trading efficiency. Globe provides a mobile app, available on both PlayStore and AppleStore, to facilitate trading on the go. The platform stands out by allowing zero maker fees and low taker fees, letting users trade using any asset as collateral.
Security
Globe prioritizes security by maintaining uncompromised wallets that have never been hacked. This commitment to industry-leading security ensures that users' assets are well-protected. The company's trading platform also supports 100x leverage and cross-margin, which aids in effective risk management. By offering deep liquidity, Globe allows traders to execute large orders with zero slippage, further enhancing the trust and reliability of the platform.