Bitfinex, the cryptocurrency trading platform locateded in Hong Kong, has signed up with hands with EOS [EOS] to produce Eosfinex. Bitfinex advertising head Kasper Rasmussen announced the development in a news release.
Eosfinex will be made incorporating the Bitfinix system’s know-how with the scalability and also speed of EOS.IO, he stated.
What is dapp Eosfinex?
Kasper declares Eosfinex to be the first high-performance, trustless trading system that is being built on EOS.IO modern technology. It intends to help with trustless trading on digital assets with an on-chain exchange experience that is instant and clear, he added.
Rasmussen even more claimed the function of Eosfinex was to innovate within EOS as well as change the way worth is exchanged between entities globally.
Shedding light on just how the concept of making Bitfinex stemmed, the advertising head claimed Bitfinex have been the very early supporters of EOS ecosystem.
” Our preliminary foray right into EOS explained the ability of EOS.IO technology to meet the rigorous demands of a high-volume, immediate trading system, and that’s where the preliminary suggestion originated from. We really feel that an exchange setup, such as Bitfinex, supplies the excellent system for battle-testing within EOS because of the stringent rate and security needs needed for success.”
Kaper Rasmussen specified the Eosfinex growth group consisted of the best abilities and also market advocates. It’s a little yet dexterous team as well as its only goal is to make the open-source nature of the decentralized digital possession room larger with EOS system.
Eosfinex is at end of first advancement stage
The dapp goes to the conclusion of its first development phase. The initial public demo of the wise agreement occurred lately at the Bitfinex hackathon in London, UK.
Bitpanda now offers EOS for cash
Europe’s preferred exchange platform Bitpanda currently provides EOS for money. It is offered for purchase with redeemable coupons of Bitpanda. Likewise, Bitpanda launched digital asset Pantos [FRYING PAN] that was distributed previously in an ICO. The FRYING PAN token, for now, trades on Bitpanda as it waits for providing on other exchanges.
A mechanical engineer turned journalist, Shekar takes a keen interest in the study and analysis of cryptocurrencies and blockchain strategy. With the cryptocurrency world blooming in the recent days, he finds great interest in monitoring their growth and gathering every possible piece of information about them. He works as a crypto-journalist for the website Cryptobulletin.