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Poloniex Crypto Exchange Lists EOS After Introducing New Crypto-assessment Rules


Poloniex Crypto Exchange Lists EOS After Introducing New Crypto-assessment Rules

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One of the longest-running US crypto exchanges, Poloniex has made to the top news by adding support for EOS. It has also introduced the platform of new digital asset assessment rules.

Goldman Sachs acquired Poloniex and it backed mobile payment applications back in February. On Tuesday, Poloniex said in a statement that EOS deposits and withdrawals are already live, while the transactions including the pairs Tether (USDT), Bitcoin (BTC) and Ethereum (ETH) will be enabled on
Wednesday.

Poloniex also noted that it is planning to support EOS tokens and it won't be accepting the deposits of the ERC-20 version and EOS airdrops.

Last week, nine tokens were delisted which included FLO, FLDC, XVC, BCY, NXC, RADS, BLK, PINK and RIC as a part of the latest asset assessment rules which was implemented by owner Circle.

There is a new tool which is used to prioritize the latest cryptocurrency asset listings across the whole range of other products.

Poloniex explained, “We applied this framework to assess projects across a few categories – fundamentals, technology, people, business model, and market dynamics – and we are ready to announce the addition of a new asset to the Poloniex family: EOS.”

EOS, which is an open-source protocol of the blockchain is developed by Block.one. It grants access to the storage on the EOS decentralized operating system.

The posting on Poloniex is probably going to be viewed as a bullish pointer by EOS HODLers.

Nonetheless, the advantage's cost did not quickly react to the news. At 6:09 UTC, EOS was changing hands at $7.30, posting a more than 4% decay for as long as 24 hours — in accordance with the general crypto advertise incline. Notwithstanding, in Bitcoin terms, EOS has picked up almost 3% over the previous day to 96,536 satoshis.

Just about 40% of the aggregate EOS exchanging volume for as long as 24 hours originates from USDT exchanging sets on OKEx, Huobi, and Binance.

EOS is the fifth biggest digital asset with a market capitalization of $6.6 billion presently.

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