Huobi to Launch EOS-based Crypto Exchange in Q1 2019

Huobi cryptocurrency exchange has announced its plan on launching a EOS-based crypto exchange. The launch of the exchange is expected in the first quarter of 2019. The exchange will allow trading EOS for other tokens. Huobi Pool team tat is behind the launch, has already released a series of animated videos called “EOS 20 Questions,” explaining the benefits of the EOS cryptocurrency for users. ”As an EOS super node, Huobi Pool has placed its ecological development high on its list of priorities. Launching this EOS exchange is simply the next logical step in our support,” CEO of Huobi Pool, Cao Fei, told. Join to our Telegram channel to be always up-to-date with the latest news of the cryptocurrency space.Huobi is one of the world’s largest exchanges, with an average 24-hour trading volume of close to $500 million. Huobi is closely associated with the EOS project, and the Huobi Pool has been working on the exchange since last year.

EOS is seen as a competitor to Ethereum, though there have been doubts as to whether it can compete with the world’s second-largest cryptocurrency by market cap. The EOS Distributed Proof of Stake (DPoS) consensus method has faced criticism due to security flaws.