Circle Owned Poloniex Cryptocurrency Exchange Adds EOS to its Market and Trading will start from 1st August 2018

Jul 31 2018

Circle Owned Poloniex Cryptocurrency exchange has finally added the most demanded EOS to its trading pair list. It has started the Deposit and Withdrawl of the same. Trading of EOS will start on 1st August 2018.

After Poloniex being acquired by Circle it had announced how it is going to add more and more cryptocurrencies into its asset list via "Circle Asset Framework". Finally seems like they have started deploying that framework.

Circle/Poloniex also said that:

"At this time, we are only planning to support EOS mainnet tokens and will not be accepting deposits of the ERC-20 variant or providing conversion to mainnet tokens. In addition, we will not be supporting EOS airdrops for the time being."

So if you plan to deposit EOS into your Poloniex account do make a note of it that they are going to accept only Mainnet EOS tokens, not the ERC20 EOS tokens which were given in the ICO. 

This News has created an excitement among the investors and active community supporters of EOS. Currently, the EOS Price is trading around 7.25$. Investors are hoping that on 1st August 2018 when the trading of EOS will really start on Poloniex the price of the same might increase.

Recently Poloniex has turned pretty active after facing huge competition from Binance. They have also announced delisting of 9 Altcoins to support more and more quality coins.

So what do you think of this? Do share your views on Poloniex Listing EOS on its platform in below comment box. Also subscriber our Newsletter to get weekly news updates in your inbox every Monday. Also, do check out our in-depth Poloniex Exchange Review.

Comments