$5.70 9.23%
EOS · 6d

Cryptocurrency Exchange HitBTC Adds EOS-Based Trading Pairs

Controversial cryptocurrency exchange HitBTC has recently announced it has upgraded EOS to a quote currency on its platform, and as such introduce trading pairs based on it, a move that’ll likely improve its liquidity.

The announcement came via Twitter, where HitBTC revealed it’s launching EOS-based pairs with XRP, Litecoin (LTC), Monero (XMR), Dash, and Bytecoin (BCN).

We are officially upgrading @eos_io’s EOS to a quote currency at HitBTC! EOS will be available to trade against $XRP, $LTC, $XMR, $DASH, $BCN, and many other currencies, starting from 12 September, 15:00 UTC. pic.twitter.com/h2rqidITII— HitBTC (@hitbtc) September 12, 2018

The move comes after the company added Euro-pegged stablecoin EURS to its platform, and listed the first “crypto euro to crypto dollar” trading pair.  The exchange is well-known for quickly adding new cryptocurrencies, and currently has eight quote currencies: Bitcoin (BTC), Ethereum (ETH), Tether’s USDT, TrueUSD (TUSD), Dai, EURS, and EOS.

EOS is notably a controversial cryptocurrency as its consensus mechanism has seen various critics claim it’s centralized. The cryptocurrency has 21 block producers (BPs) – similar to miners on Bitcoin’s blockchain – that have been criticized for reportedly having too much power.

Although BPs are continuously elected in EOS, the enormous centralization of EOS token holdings effectively sees whales exert their disproportionate influence over who may be elected. Moreover, those elected seem to have power that some argue doesn’t belong in a cryptocurrency’s blockchain.

As CryptoGlobe reported, the 21 BPs were ordered to freeze 27 accounts earlier this year by the EOS Core Arbitration Forum (ECAF), a body set to resolve community disputes. The move was so controversial EOS’ architect and Block.one CTO Dan Larimer proposed a new constitution.

The cryptocurrency is currently one of the most liquid in the crypto ecosystem. It’...

Continue on cryptoglobe.com
Recent news
EOS · youtu.be · 5h

The Chestahedron - EOS Logo

Dan Larimer speaks about EOS logo. Learn more about The Chestahedron: http://frankchester.com/2014/the-wonder-of-seven ((( http://eos.io ))) EOS: A Blockchai...
EOS · trybe.one · 7h

EOS Could Be That Special Coin

Last year, around the end of November, I was looking at many crypto charts to find that one coin that is special (from a charting point of view). The coin I found was Verge. It had an extremely bullis...
EOS · medium.com · 9h

LiquidEOS presents BancorX on EOS Blockchain

After a period of intense work and collaboration between LiquidEOS and Bancor, we are very excited to announce the launch of BancorX on the EOS blockchain! This will allow users to buy and sell EOS…
EOS · lynxartcollection.com · 13h

beautiful EOS artwork (high gloss art panel)

Introducing the EOS high-gloss panel, a collaboration between HODL Crypto and Lynx Art Collection! The panel comes in at 15 lbs and measures 30"x20" inches with a 5/8" depth.  It has pre-drilled slots...
EOS · medium.com · 15h

Instructions for getting EOSISH

Snapshot date/time: 16-Oct-2018 15:00 GMT At this time we will make image of Ethereum & EOS blockchains and fix how many WISH & EOS every account has. Airdrop date: EOSISH distribution will be…
EOS · view.ly · 16h

Crypto Coffee Update: EOS on EOS and Vive la France!

⋙ SOCIAL MEDIA ⋘ Discord Twitter Steemit DTube BitChute Gab View.ly InvestFeed BlockPress ⋙ SECURITY ⋘ Hardware wallets Double Check Your Hardware ⋙ Check out our podcast, CryptideCast! ⋘ ∷News Byt...