On Tuesday (31 July 2018), FinTech startup Circle announced via its blog and Twitter account that its Poloniex crypto exchange (which it acquired around five months ago) had added support for another cryptocurrency: EOS.
On 19 June 2018, Circle had published a blog post that explained how it planned to add new cryptoassets, and mentioned the “Circle Asset Framework”, which it said was the tool it used for evaluating/prioritizing new cryptoasset listings across its various products. Now, it seems that Circle has decided that EOS meets all of its requirements for a new listing.
This is the tweet the Poloniex Exchange sent out to announce the news:
Deposits and withdrawals are currently live. Trading in EOS/USDT, EOS/BTC, and EOS/ETH pairs will be enabled on August 1st. https://t.co/Xnr2BpLFhC
— Poloniex Exchange (@Poloniex) July 31, 2018
Circle notes that:
“At this time, we are only planning to support EOS mainnet tokens and will not be accepting deposits of the ERC-20 variant or providing conversion to mainnet tokens. In addition, we will not be supporting EOS airdrops for the time being.”
At press time, according to CryptoCompare, EOS is trading around $7.39, down -1.86% in the past 24-hour period (the times shown in the chart below are UTC + 01:00):
This move by Circle is sure to be seen as a bullish indicator by EOS HODLers, and it comes on the footsteps of another piece of positive news—EOS getting ranked number one by DPRating based on the GitHub activity of its developer community.
Featured Image Credit: Interface Image Courtesy of Poloniex