Bithumb to list EOS

South Korean echange Bithumb announced adding the 12th cryptocurrency, EOS token, for users to trade and the price of EOS started to significantly grow
15 December 2017   1071

Bithumb, one of the largest exchanges in the world based in South Korea, has made an announcement about listing EOS token on the platform.

Important details:

  • Deposit period: Dec 13, 2017 deposit address opens - December 15, 2017 at 00 AM (KST)
  • Trading period: Listing of EOS is on Dec 18, 2017 at 00AM (KST)
  • Payment: to be paid in a lump sum on Dec 29, 2017 
  • No cashback will be paid out for deposit amount exceeding the 10,000EOS limit

Bithumb list of cryptocoinsList of cryptocurrencies already listed on Bithumb

Apart from EOS, Bithumb lists evelen other cryptocurrencies for people to trade: Bitcoin, Ethereum, Ethereum Classic, Dash, Litecoin, Bitcoin Cash, Ripple, Monero, Zcash, Qtum, Bitcoin Gold.

It is worth noting that EOS token is normally rather stable in price, but lately it started growing, for instance it has shown a 92.78% increase within past 7 days, moving again to the first place in the list of tokens ranked by market capitalization. The price increased from $3,56 on December 7 to $8,67 on December 14.

Eos token charts december 2017EOS Charts

At the moment of press, these are main market parameters of EOS:

  • Average price: $7,91
  • Marketcap: $4 276 750 735
  • 24h volume: $823 081 000

EOS to Become Transaction Volume Leader

EOS transaction volume to exceed Bitcoin's, Ethereum's and even Tron's
15 January 2019   242

According to the Coinmetrics analytical resource, EOS has become the absolute leader in terms of transaction volume.

Tron blockchain activity is approx twice lower than EOS. The volume of Ethereum transactions is about 11 times smaller than that of EOS. Also note that XRP is slightly higher than bitcoin in this parameter.

CoinDesk analyst Peter Ryan emphasizes that transactional activity in smart contract platforms is usually much higher than that of cryptocurrencies, which mainly function as a means of preserving value.