Huobi Pool to launch EOS-focused trading platform; EOS/USD shows little reaction so far

Huobi Pool, a branch of the third largest cryptocurrency exchange by trading volumes, announced its plans to launch EOS-focused trading platform in the first quarter of 2019.

According to the official press release, the new platform will have EOS traded against various cryptocurrency assets. The company has been working with the EOS community and built an EOS test chain in collaboration with EOS block producers. That's the place where teams can test their EOS-based projects to see if everything goes as planned. Apart from that, Huobi Pool has created a voting platform for EOS holders.

"As an EOS supernode, Huobi Pool has placed its ecological development high on its list of priorities. Launching this EOS exchange is simply the next logical step in our support," Cao Fei, Huobi Pool's CEO commented in the press release.

Earlier we reported that Huobi derivative market added support for EOS, which means that the customers of the exchange now can either long or short their positions on EOS.

Meanwhile, EOS/USD is changing hands at $2.60. The coin has lost over 15% from the recent peak reached at $3.20 on December 24. EOS takes the fifth place in the cryptocurrency market rating with a market capitalization over $2.4B. EOS/USD has been moving in the range limited by $2.3 on the downside and $3.0 on the upside with no clear signals of the upcoming breakthrough.

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