Global Crypto Exchange HitBTC has announced upgrading EOS to a quote currency. HitBTC added EOS and included this information to their 1.196.0 September 11, 2018 changelog.
We are officially upgrading @eos_io’s EOS to a quote currency at HitBTC! EOS will be available to trade against $XRP, $LTC, $XMR, $DASH, $BCN, and many other currencies, starting from 12 September, 15:00 UTC. pic.twitter.com/h2rqidITII
— HitBTC (@hitbtc) September 12, 2018
This means now there will be many more EOS pairs and other coins will trade with this currency.
WHY IS IT IMPORTANT?
- Crypto community mostly thinks that adding more altcoin trading pairs to the exchanges will reduce the dominance of Bitcoin on the market. At the moment Bitcoin dominance is around 56%.
- While the crypto storm ha decreased almost all prices on the market, EOS had a relatively consistent pricing which at the moment stands at $5.07 according to the Coinmarketcap.