EOS is a popular cryptocurrency that has recently experienced a surge in growth and attention. After recently being listed on eToro and other major exchanges, many EOS holders are wondering if Coinbase and GDAX will be the next major cryptocurrency exchanges to add the token.
eToro added EOS to its platform on April 23, 2018. eToro is best-known as a traditional financial investment platform where users can purchase different investment products or copy the trades of more experienced traders. The platform now offers a total of ten cryptocurrencies for investors, including bitcoin, Ethereum, Bitcoin Cash, NEO, Stellar, XRP, Litecoin, Ethereum Classic, and Dash.
Read more about the 5th ranked crypto by market cap ➡️https://t.co/0OxSPRGCvC
*Highly volatile investment product. Your capital is at risk. pic.twitter.com/pn1HOpmrf2
— eToro (@eToro) April 24, 2018
EOS, meanwhile sits in 5th place in the cryptocurrency charts by market capitalization, although the coin has been swapping positions with Litecoin repeatedly over the past few months.
EOS is an ERC20 token based on the Ethereum blockchain, although the developers are planning to migrate to their own mainnet chain over the next few months. On April 24, the development team announced that their mainnet launch would take place 40 days from now. It’s scheduled to launch on June 2, 2018.
Over the last week alone, EOS has surged in price by over 40%. On April 24 alone, the price jumped an additional 15%.
In response to the meteoric rise of EOS, major exchanges like Bitfinex and Binance have both announced support for the EOS MainNet swap, which will make it easier for EOS users on these exchanges to swap their ERC20 EOS tokens into mainnet tokens.
EOS is kind of like an enterprise-grade version of Ethereum. The EOS token is used in the EOS ecosystem, which is a blockchain-based decentralized system enabling the development, hosting, and execution of decentralized apps (dApps). Both Ethereum and EOS host dApps, although EOS is focused more on commercial-scale decentralized apps, which could make it a popular platform for enterprise users.
Will Coinbase And GDAX List EOS Next?
Major cryptocurrency exchanges always try to list the most popular cryptocurrencies. That’s why it’s only a matter of time before EOS is listed on Coinbase and GDAX along with other major cryptocurrency exchanges (remember, Coinbase and GDAX are run by the same group).
When Coinbase does announce support for EOS, you can expect a surge in growth for the world’s fifth most popular cryptocurrency.
Stay tuned for more information if and when EOS gets listed on Coinbase and GDAX.