EOS
$4.55 -0.99%
EOS · 9w

EOSfinex: An Introduction

EOSfinex: An Introduction 13 Sep 2018 at 02:45 PM (UTC)

EOSfinex is a high-performance, decentralised exchange built on EOS.io. technology. As an entirely trustless trading experience, EOSfinex will facilitate a highly-scalable network of peer-to-peer value exchange, unconstrained by borders and built around a foundation of transparency, speed and integrity.

Our underlying goal with EOSfinex is to construct a fully decentralised exchange that is built around 3 pillars:

1. Decentralisation

With EOSfinex we are working towards achieving full decentralisation, including on-chain order books, matching and settlement. Our aim is to deliver a trustless peer-to-peer trading experience and complete decentralisation is a prerequisite for this.

2. Trust

The key to a truly valuable decentralised trading experience comes through eliminating the need for trust. With EOSfinex, we are creating a transparent and auditable network of peer-to-peer exchange which can be monitored and verified by participants from around the world at any time.

3. Performance

EOSfinex prioritises high performance with a comprehensive understanding of the demands of professional traders. EOSfinex aims to replicate and exceed the current standard of cryptocurrency exchanges to deliver a new standard for decentralised trading.

 

EOSfinex interface mockup

 

EOSfinex will initially list all major pairs (EOS/USD, BTC/USD and ETH/USD) in order to swiftly expand with a more comprehensive token offering. The exchange contract is flexible and allows for the trading of any token created by a specific trusted contract. Furthermore, adding a new pair is trivial and can be done by anyone after the trusted contract issues a new tradable token.

Out of the gate, the contract will support market, limit, immediate-or-can...

Continue on blog.bitfinex.com
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