Huobi Pool, Huobi Group’s cryptocurrency mining arm, will launch the company’s first EOS exchange in Q1 of 2019.
The exchange will be dedicated to EOS (EOS). Through its Distributed Proof of Stake (DPoS) consensus method, EOS enables individuals and groups around the world to collaborate and share in the decision-making process.
“As an EOS super node, Huobi Pool has placed its ecological development high on its list of priorities,” said Cao Fei, Huobi Pool’s CEO. “Launching this EOS exchange is simply the next logical step in our support.”
The new exchange will allow users to trade EOS against a number of other cryptocurrencies. 2018 has been a big year for Huobi. The company collaborated with other block producers to build an EOS test chain, the Crypto Kylin Testnet, where EOS-based projects can be tested.
Huobi Pool also developed a voting platform for EOS holders and set up an EOS community to make holders more aware of node elections.
In addition to that, Huobi Pool also produced “EOS 20 Questions”, a series of popular science animation videos to popularize the related knowledge to users.
As of the time of this writing, Huobi Pool is the top-ranking block producer on the EOS blockchain.
This will be a significant boost to the EOS economy.
In case those that aren’t familiar with Huobi, Huobi Group is the world’s leading blockchain company. Established in 2013, Huobi Group’s accumulative turnover exceeds US $1 trillion. It proudly provides safe, secure, and convenient cryptocurrency trading and asset management services to millions of users in 130+ countries.