Bitfinex, EOS [EOS] join hands to build dapp Eosfinex, Bipanda offers EOS for cash
Bitfinex, the cryptocurrency trading platform headquartered in Hong Kong, has joined hands with EOS [EOS] to produce Eosfinex. Bitfinex marketing head Kasper Rasmussen announced the development in a press release.
Eosfinex will be made combining the Bitfinix platform’s expertise with the scalability and speed of EOS.IO, he said.
What is dapp Eosfinex?
Kasper claims Eosfinex to be the first high-performance, trustless trading platform that is being built on EOS.IO technology. It aims to facilitate trustless trading on digital assets with an on-chain exchange experience that is instant and transparent, he added.
Rasmussen further said the purpose of Eosfinex was to innovate within EOS and alter the way value is exchanged between entities globally.
Shedding light on how the idea of making Bitfinex originated, the marketing head said Bitfinex have been the early supporters of EOS ecosystem.
“Our initial foray into EOS made clear the ability of EOS.IO technology to meet the rigorous requirements of a high-volume, instantaneous trading platform, and that’s where the initial idea came from. We feel that an exchange setting, such as Bitfinex, provides the ideal platform for battle-testing within EOS due to the stringent speed and security requirements needed for success.”
Kaper Rasmussen stated the Eosfinex development team comprised the best talents and industry advocates. It’s a small but agile team and its only aim is to make the open-source nature of the decentralized digital asset space bigger with EOS mechanism.
Eosfinex is at end of initial development stage
The dapp is at the completion of its initial development stage. The first public demonstration of the smart contract happened recently at the Bitfinex hackathon in London, UK.
Bitpanda now sells EOS for cash
Europe’s popular exchange platform Bitpanda now offers EOS for cash. It is available for purchase through redeemable vouchers of Bitpanda. Also, Bitpanda launched digital asset Pantos [PAN] that was distributed earlier in an ICO. The PAN token, for now, trades on Bitpanda as it awaits listing on other exchanges.
Image via Shutterstock
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