Eosfinex Drives Bitfinex Liquidity to EOS Community with Its Beta Mainnet Launch

2020-10-8 11:06

Coinspeaker
Eosfinex Drives Bitfinex Liquidity to EOS Community with Its Beta Mainnet Launch

On Wednesday, October 7, non-custodial digital asset exchange Eosfinex officially launched the beta version of its mainnet to drive Bitfinex liquidity to the EOS community. The beta mainnet launch will provide direct access to Bitfinex’s liquidity market.

Besides, the beta mainnet launch will facilitate off-chain order matching. However, it will continue to retain settlement and custody on-chain. This will also help to boost the speed of trades as they are not tied to block confirmation times. The off-chain order matching will also offer support to limit orders which isn’t possible on standard decentralized exchanges (DEXs).

Built using the EOSIO technology, the Eosfinex platform will support large-cap digital currencies like BTC, ETH, and LTC along with stablecoin Tether (USDT). Additionally, it will also offer support to tokens like Equilibrium (EOSDT), Everipedia (IQ) and pTokens. Speaking about the beta mainnet launch, Eosfinex product lead Steven Quinn said:

“The introduction of direct access to Bitfinex liquidity will ensure a bright future for the EOS community granting EOS businesses, for the first time, the chance to economically trade large orders of EOS, premium EOS-based tokens, tether and other popular currencies. We look forward to providing continued support to the EOS community, and its projects.”

Eosfinex Solving the Major Issue of EOS Illiquidity

One of the major roadblocks to the growth of the EOS community has been the illiquidity in token trading. The Eosfinex beta mainnet launch will help to overcome this issue to a great extent. The access to Bitfinex liquidity will help it to trade EOS in a non-custodial way and solve the issue of illiquidity with cross-chain digital assets trading.

Eosfinex will also stake on behalf of its users to ensure smooth trading. The staking will also help to cover the cost of network resources for global traders. The eosfinex platform will retain the entire control and custody of EOSIO’s non-custodial features. This will help to boost the stability and integrity of trades while simultaneously reducing costs. Theodor Forselius, CEO of Everipedia said:

“eosfinex is prime to create a non-custodial trading experience that offers the benefits of Bitfinex’s liquidity and software. We look forward to growing the ecosystem together and believe that EOS has the tools, resources, and potential to bring blockchain to the masses through EOSIO technology.”

The Eosfinex launch on the EOS mainnet will set a new milestone and garner additional support for projects on the EOS blockchain network.

Eosfinex Drives Bitfinex Liquidity to EOS Community with Its Beta Mainnet Launch

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eos beta eosfinex mainnet bitfinex drives launch

Источник: coinspeaker.com

eos beta → Результатов: 28


Фото:

Новая версия некастодиальной биржи EOSfinex откроет доступ к ликвидности Bitfinex

Разработчики EOSfinex запустили в основной сети бета-версию полностью переработанной платформы. Ее пользователи получат прямой доступ к ликвидности криптовалютной биржи Bitfinex. We're very excited to announce the launch of the eosfinex beta version on the #EOS mainnet, making @bitfinex liquidity available directly to #EOSIO wallets.

2020-10-8 19:53


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New EOS Referendum System Goes Live in Beta

The EOS Referendum Working Group met on Thursday to decide if the new EOS referendum system will get the green signal to launch in beta for testing by the community. On Friday, the group announced that they had secured a “Go” vote for the system after working to fix a myriad of issues that prevented the […] New EOS Referendum System Goes Live in Beta was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-11-9 20:29


Фото:

New EOS Referendum Tool Could Enter Public Beta This Week

The EOS blockchain could debut a new referendum system this week. The tool, designed to help users stake their coins for voting will enter public beta upon release. The referendum working group was earlier eyeing a Tuesday, October 22 release for the tool but some issues with open tally and UI delayed the deployment after the […] New EOS Referendum Tool Could Enter Public Beta This Week was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-10-29 20:59


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