- EOSfinex goes live with four tradable pairs.
- The cryptocurrency exchange offers fast and free transactions.
On July 30 the developers of a non-custodial cryptocurrency exchange EOSfinex announced that the platform had gone into fully functional operation mode.
"EOSfinex combines the speed and scalability of EOS with Bitfinex’s industry-leading trading expertise, resulting in an on-chain exchange built around speed, transparency and control," the team said on Twitter
EOSfinex is positioned as the first scalable exchange ecosystem based entirely on the EOS protocol.
According to the developers, the platform performs a decentralised exchange of cryptocurrencies. It means that the company is not engaged in orders processing and coins storage. These operations are performed on blockchain.
"With a comprehensive understanding of the demands of professional traders, eosfinex replicates and exceeds the current standard of cryptocurrency exchanges to set a new standard for digital asset trading.
So far, there are four trading pairs on the platform: RAM/USDT, EOX/USDT, EMT/USDT and EOS/USDT. The exchange supports several types of orders and allows connecting directly with accounts in the EOS blockchain or through a Scatter wallet.
The beta version of EOSfinex was launched on March 28/ Initially, the trading was scheduled to start on July 25 but it was postponed as the platform "needed further improvements".
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.