Bitfinex plans to build new decentralized crypto exchange on EOS

Eosfinex: Bitfinex planning high performance decentralized exchange on EOS

Today, Bitfinex announced plans to create EOSfinex, a high-performance decentralized exchange built on EOS technology. Aiming to broaden their horizons, EOSfinex will combine the scalability and speed of EOS with Bitfinex’s expertise in delivering a transparent, and trustless platform for cryptocurrency trading

A continuous goal of Bitfinex has been to research and sandbox the capabilities of various protocol-level technologies that meet the rigorous requirements of a high volume, blockchain-based trading platform.

This vision led them to EOS, whose goal of processing tens of thousands of transactions per second with minimal fees and confirmation time, is aligned with this objective.

“We are excited to leverage EOS.io to further advance the field of high performance and trustless on-chain exchange. Block.one continues to display an unwavering dedication to improving blockchain scalability through the EOS.IO platform and it is our hope that this collaboration will allow significant advancement for all decentralized exchange. Our experience indicates that these advancements represent fundamentally transformative capabilities for the blockchain industry, and Bitfinex remains dedicated to leveraging the latest innovations to continue offering the world’s leading trading experience.”

J.L. van der Velde, Bitfinex CEO
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