Press reports emerged that the platform BitOasis The UAE-based cryptocurrency exchange has listed EOS for trading on its platform.

This was announced by the BitOasis platform team, who also announced that the new listed currency will be available for trading (buying and selling) against the Bitcoin and the UAE dirham in the form of the following pairs:

EOS-BTC, EOS-AED and BTC-EOS.

EOS coin was officially launched in June 2018 and is the original digital token of the EOS blockchain.

The EOS project aims to facilitate the work of scalable decentralized applications (DApps).

Among the most important features of the EOS project are:

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• Fast Transactions: The EOS blockchain takes about two seconds to fully confirm the transaction, thanks to the delegated Proof of Stake (DPoS) consensus mechanism.
• Governance: Only EOS holders are eligible to vote.
• Provision of utilities: EOS token is used to obtain resources for developers to run their decentralized applications such as CPU (processing power), network (network bandwidth) and RAM (data storage).

EOS is ranked seventh on the coinmarketcap ladder with a market capitalization of more than $3 billion, with a current value of $3.49 per coin.

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