On 31st July, Circle announced the inclusion of EOS to their exchange platform Poloniex, on their official Medium blog. The announcement came a week prior to the introduction of the Circle Asset Framework, a tool used to prioritize new cryptocurrency asset listings across Circle’s various products.
Circle has announced that EOS deposits and withdrawals are presently live and that trading in EOS/USDT, EOS/BTC, and EOS/ETH pairs will be enabled starting 1st August. Circle on their official Medium blog quoted:
“At this time, we are only planning to support EOS mainnet tokens and will not be accepting deposits of the ERC-20 variant or providing conversion to mainnet tokens. In addition, we will not be supporting EOS airdrops for the time being.”
Poloniex’s official announcement of the EOS listing | Source: Twitter
Circle is a global cryptocurrency finance company that claims to be a people-centric platform, aiming to make it feasible for anyone across the globe to contribute to the changing the global economy.
EOS is a cryptocurrency token and blockchain platform that asserts to engage as a smart contract platform for the easy deployment of dApps [decentralized applications]. EOS tokens are able to grant access to bandwidth and storage on the EOS operating system itself.
The acquisition of Poloniex
Poloniex is a U.S based a Bitcoin and digital asset exchange platform, founded in 2014 by Tristan D’Agosta and was acquired by Circle about 5 months ago. Circle has stated that their primary focus after acquiring Poloniex was to improve the core product experience and stabilize the performance of the exchange.
The platform has endeavored to improve the reliability of deposits and withdrawals being made on the platform by updating their customer onboarding process. They have also made sure to clear over 175,000 of their legacy support tickets.
New investments have been made in order to grow Poloniex into the go-to destination for cryptocurrency asset trading. The inclusion of EOS is only the first step to all this, they claim.
Dbndude1, a Twitter user commented on the news saying:
“Seriously? And no DGB USDT? One of your highest volume coins, but u choose an end of service coin with all the problems they are facing?”
The post EOS added to Poloniex with improved deposit and withdrawal reliability appeared first on AMBCrypto.
Source: AMBcrypto
Original Post: EOS added to Poloniex with improved deposit and withdrawal reliability
