SMART VALOR, a Swiss-based crypto exchange launched this past summer, has announced that EOS trading is now available on its platform. Markets now open include EOS/BTC and EOS/CHF.
EOS is the native token of the EOSIO network, a popular base for decentralized applications (dApps). EOSIO is a protocol that allows for easy designing and launching of new dApps for emerging use cases. The network boasts a higher transaction speed than Ethereum, allowing for greater scalability — especially useful for businesses looking to develop their own applications.
The EOS token sale remains the largest in history, and is currently the seventh-largest cryptocurrency by market cap. The EOS market cap totals nearly $2.6 billion at the time of publishing.
EOSIO’s mechanics have attracted more than 500 dApps to be created on the network — a number second only to Ethereum within the blockchain space. Transactions on EOSIO are fee-free, with the network financing itself by steady inflation of 1%.
Discussion