XMT Gozo exchange is registered in Malta, thus benefiting from the EU regulatory infrastructure. Malta is the first country in the EU to enact comprehensive legal framework in the sphere of blockchain technology and digital assets.
- What licenses does Gozo have?
XMT Gozo is currently operating in Malta in terms of a transitory arrangement and will, in due course, apply for a licence from the Malta Financial Services Authority.
- Is it safe to trade on Gozo?
Security of users' digital assets and information is of paramount importance to us. We employ only the very best practices in advanced security technologies. Gozo uses the Multi-Sig technology to the hot wallet, where only a very small portion of digital assets is kept, while the majority is safely stored offline, in cold storage.
- What is a cryptocurrency?
A cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography to secure its transactions and to control the creation of additional units of the currency.
Bitcoin and its derivatives use decentralized control related to the use of blockchain transaction database in the role of a distributed ledger. Decentralization means that the system is peer-to-peer – all transactions take place without an intermediary, between users directly.
Cryptocurrencies are mostly pseudonymous – their owners are not explicitly identified. Each balance is simply associated with an address and its public-private key pair. The money "belongs" to anyone who has the private key and can sign transactions with it.
There are over 1600 digital currencies in existence. These are frequently called altcoins (bitcoin alternatives).
- What is EURS (STASIS EUR stable coin)?
EURS token is a digital asset that is designed to digitally mirror the EURO on the condition that its value is tied to the value of its collateral. You can find more information here: https://stasis.net/