Independent Reserve, an Australian bitcoin and cryptocurrency exchange, announced today the launch of EOS, which will become the company’s 9th listed cryptocurrency. EOS is a blockchain technology that enables the development and hosting of decentralized applications (DApps).
The exchange will be listing EOS with an introductory brokerage fee of 0.1% (for EOS only), the promotion is scheduled to run for two weeks.
The EOS platform is ultimately designed to ensure quick deployment of DApps, to scale to millions of transactions per second, and to eliminate user fees. The company that created the EOS platform is led by Dan Larimer and Brendan Blumer. EOS has been consistently in the top 5 cryptocurrencies by market capitalization.
Independent Reserve will be performing system maintenance and upgrades starting on Sunday, March 24th at 2 pm (AEDT). This is expected this to last approximately 4 hours and during this time users will not be able to access their Independent Reserve account.
Once this process is complete, deposits and withdrawals will be enabled for EOS. Trading will be enabled at approximately 11 am on Tuesday, March, 26th.