EOSfinex Review

EOSfinex claims to be the world’s first high-performance decentralized exchange. Find out how it works today in our EOSfinex review.

What is EOSfinex?

We have Bitfinex. Now, we have EOSfinex. The platform aims to create a high-performance exchange that combines the speed and scalability of EOS.io software with Bitfine’x industry-leading experience.

Today, the official website at EOSfinex.com features just two sentences and an email submit form. You can enter your email into that form to stay updated on the project. However, no additional documentation has been posted online.

EOSfinex was announced on February 12, 2018 – so the platform is brand new. The news was announced by Bitfinex through a Medium post (https://medium.com/bitfinex/announcing-eosfinex-69eea273369f). The platform is rumored to be launching in June 2018. However, we know very little about EOSfinex at this time.

How Does EOSfinex Work?

EOSfinex aims to combine the scalability and speed of EOS.io with Bitfinex’s industry-leading expertise, creating an on-chain exchange that offers fast, transparent, and trustless digital asset transactions.

EOS.io, for those out of the loop, is a blockchain-based digital currency platform that was launched with the goal of processing tens of thousands of transactions per second with minimal fees and confirmation times. Bitfinex, in an effort to improve the scalability of its protocol-level technologies and its own blockchain-based trading platform, decided to use EOS.io to achieve those goals.

EOSfinex will combine Bitfinex’s existing exchange protocol with EOS.io’s scalability in order to create a high-powered decentralized exchange. Like other decentralized exchanges, EOSfinex will allow traders to hold onto their assets while engaging in peer-to-peer trading. There won’t be a need to trust a centralized third party – like the exchange – to participate in high-volume cryptocurrency trading.

Ultimately, a decentralized exchange backed by Bitfinex and EOS.io is a big deal for the crypto community.

Who’s Behind EOSfinex?

EOSfinex is a partnership between Bitfinex and Block.one’s EOS.io. EOS.io is in active development by blockchain technology company Block.one. It’s a blockchain protocol that enables horizontal scaling of decentralized apps, allowing developers to efficiently create high-performance applications in a distributed environment.

The EOS.io software offers accounts, authentication, databases, and application scheduling across multiple CPU cores or clusters. This allows for horizontal scalability. It also replaces user fees with an ownership model while facilitating easy deployment of decentralized apps.

Bitfinex is one of the world’s largest and most popular cryptocurrency exchanges. Founded in 2012, Bitfinex provides crypto trading, peer-to-peer financing, an OTC market, and margin trading for a wide range of digital assets.

Bitfinex decided to partner with EOS.io to improve the scalability of its own trading platform

EOSfinex Conclusion

There’s limited information about EOSfinex available online at this time. Everything we know comes from a Medium post launched on February 12. That Medium post explains the basic goals of the project, including how it wants to combine the power of Bitfinex with the capabilities of EOS.io, leading to better speed, security, and scalability on the cryptocurrency exchange.

To learn more about EOSfinex and its ongoing development, visit online today at EOSfinex.com. Aside from an email submit form and a couple of sentences, however, that website is blank. EOSfinex is rumored to be launching in June 2018. Stay tuned for further details.

Get Free Email Updates!

*Action Required* Enter Your Email for Trending Crypto News & Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \\ Investment Disclaimer

Coin Market Cap Price Change 24 Hour Volume
BTC $143.11B $8,075.2255 0.06% $5.05B
ETH $26.84B $252.6822 0.20% $2.16B
XRP $16.33B $0.3878 -0.67% $392.83M
BCH $7.23B $406.0869 -1.61% $267.7M
LTC $6.36B $102.7686 1.16% $940.11M
EOS $5.84B $6.4011 -1.73% $595.74M
BNB $4.95B $35.0915 2.21% $365.73M
USDT $3.07B $1.0050 0.17% $4.76B
XLM $2.42B $0.1256 -1.22% $41.44M
ADA $2.09B $0.0806 -1.56% $45.2M

Get 3 Free Bitcoin eBooks for Limited Time Only

Receive three exclusive user guides detailing a) What is Bitcoin b) How Cryptocurrency Works and c) Top Crypto Exchanges today plus a bonus report on Blockchain distributed ledger technology plus top news insights.


Please enter your comment!
Please enter your name here