Circle announced today it has introduced EOS markets to crypto exchange Poloniex. Circle acquired Poloniex five months ago and has since keyed in on improving the core product along with improving exchange performance.
The EOS addition comes after last week’s announcement of 9 token delistings, which keeps up with the recently announced Circle Asset Framework, a tool for prioritizing new crypto asset listings across various products.
EOS deposits and withdrawals are currently live and trading in EOS/USDT, EOS/BTC, and EOS/ETH pairs will be enabled on August 1st, 2018.
An open-source blockchain protocol, EOS was developed by Block.one. EOS provides developers with a platform on which general purpose, decentralized applications can be built. EOS tokens grant access to bandwidth and storage on the EOS decentralized operating system. Following the token sale for the ERC-20 EOS token on the Ethereum blockchain, EOS has been live on its own blockchain as of June 14th, 2018.
The Circle team says that Poloniex only plans to support EOS mainnet tokens and will not be accepting deposits of the ERC-20 variant or providing conversion to mainnet tokens. In addition, it will not be supporting EOS airdrops for the time being.
I was using Poloniex for all my cryptocurrency trading and recently I was robbed of all my currency. One day I was going through my emails and I noticed that I have received several emails from Poloniex. The first saying that I had requested a change of password. The second with an authorization code. The third saying that the login was successful. I didn’t request any of that so I clicked where it said “Froze Account” and tried to enter my account. Of course, I couldn’t using my old password, because someone had changed it. I had to go through the process of changing it which is ridiculous. Poloniex doesn’t ask any information to verify that the person changing the password is the one that owns the account. So anyone that somehow gains access to your email by hacking it, can easily enter your Poloniex account. Of course, the customer support of Poloniex is awful and not helpful at all. I would not recommend using this platform to anyone. Also, something suspicious is, how did the person that hacked my email knew I had a Poloniex account. Is Poloniex involved in this theft? Of course, I will be looking into taking legal actions against Poloniex.