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“EOS Now Available As New Base Currency For Digital Asset Markets”

DAYBIT supports EOS as a base currency.

DAYBIT (https://daybit.com/), a Korean crypto exchange owned and operated by Chain Partners (CEO, Charles Pyo), announced that it has begun supporting EOS as one of its base currencies at 10 AM on December 3, 2018.

 

Bitcoin(BTC) and Ethereum(ETH) have been the predominant base currencies in the digital crypto markets. With the addition of EOS as a third base currency, DAYBIT provides EOS token holders with the option to convert their EOS tokens into other digital assets directly without having to convert to Bitcoin or Ethereum.  

 

Tokens from EOS-based DApps(Decentralized Applications) and side chains will be listed and traded on the newly launched digital asset marketplace. According to Blocktivity(https://blocktivity.info/), a blockchain activity tracker, EOS-based DApps generate the highest blockchain activity in the world.

 

As of today, the EOS blockchain recorded over 44 million operations performed in the last 24 hours, surpassing WAX in second place by more than 9 times. On the other hand, Bitcoin and Ethereum recorded only 520,000 and 500,000, respectively, placing them in 7th and 8th place.

 

DAYBIT will also list two new tokens on the crypto trading market: Boid, a distributed computing project which allows users to earn rewards by contributing computing resources; and Dabble, a social media platform where creators can earn rewards. Furthermore, the crypto market is planning to list dozens of tokens by the end of Q1 next year.

 

By working together with EOSYS, an EOS-focused accelerator, DAYBIT will carefully select promising EOS-based tokens for listing on the new exchange. “Despite the large number of active users and the transaction volume on EOS DApps, there has not been an appropriate exchange where the tokens could be listed,” said Honguk Kim, manager at EOSYS. “Wider distribution of tokens for EOS DApps will support the overall growth and development of the EOS blockchain ecosystem,” he added.

 

Charles Pyo, CEO of Chain Partners, expressed confidence that “The close cooperation between EOSYS, one of the founding block producers of the EOS Mainnet, and DAYBIT, a technology-driven digital asset exchange, will enable solid growth of the EOS ecosystem going forward.” Pyo added, “In order to bring more projects into the EOS ecosystem, we will support the entire process from issuance to distribution.”

 

Looking ahead, DAYBIT will hold a variety of events to celebrate the launch of the trading marketplace. Users who deposit their EOS tokens on the exchange will receive an additional 3% bonus. The event will end after all 10,000 EOS tokens are rewarded. (E.O.D)

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