THELOGICALINDIAN - EOS gets a new trading platform
It seems to be the division for decentralized exchanges. Eosfinex is now the latest advantage for trustless, non-custodial crypto trades. Using EOSIO software, the belvedere appear its barrage afterwards a five day delay.
The newly-launched account boasts “a highly-scalable arrangement of peer-to-peer amount barter congenital about a foundation of speed, accuracy and control.” Unlike centralized exchanges, eosfinex runs fully on-chain with “custody, orders, and analogous all maintained on the EOS blockchain.”
The barter begins with offers of four pairings. In accession to trading EOS and RAM tokens, traders can additionally access EOX and EMT tokens, which represent projects aural the EOS ecosystem. The barter has additionally arise affairs to accommodate a Bitcoin-backed (tBTC) token, but this does not arise to accept been realized. All trading pairs are in USDT.
Traders can abode absolute or bazaar orders on the interface, which, for the moment, looks appealing quiet.
The account offers tutorials for new traders as able-bodied as a blog and support. With account to trading costs, the armpit explains, “Traders on eosfinex pay a 0% maker fee and a 0.2% bacteria fee.” The account encourages clamminess in the adjustment book by giving makers a baby abatement of 0.05%.
The barrage follows a acknowledged bug-bounty attack and four months of accelerated testing. According to the eosfinex blog, a cardinal of added appearance will be implemented in the advancing weeks. The developers of the barter belvedere will again “begin the action of open-sourcing the foundations of the exchange.”
EOS traders showed a bashful acknowledgment to the news, with the bill trading about $4.20 at the time of the DEX’s launch. It’s additionally the latest in a apartment of trading platforms by iFinex, which is the aggregation abaft Ethfinex and the Bitfinex careful exchange.
The new barter joins a continued account of newly-launched DEX solutions such as Binance DEX, the anew active Shapeshift.io, Komodo’s AtomicDEX, and a host of earlier platforms.
