Review on Eterbase Coin by Syed Adnan
Review On Eterbase.
Eterbase has definitely caught our interest right from the beginning with the fastest and most secure API within the space. In addition, the many features like FIAT gateways, synthetic IBAN accounts, negative trading fees and well designed incentives for XBASE holders definitely position Eterbase well towards its competitors. It’s worth mentioning that Eterbase won’t have any token burns like many other exchanges, to avoid being classified a security and to remain EU compliant. Instead, the whole tokenomics are designed in a way to highly incentivize token holders and to lock away the majority of the circulating supply to decrease token velocity.
Pros
- Eterbase is an EU compliant exchange, offering one of the fastest and most secure trading infrastructures within the space.
- Eterbase offers direct FIAT gateways and synthetic IBAN accounts for storing FIAT.
- EBASE is Eterbase’s own anti-inflationary hybrid stablecoin, collateralized by FIAT as well as BTC and major cryptocurrencies.
- Market Maker Orders will benefit from negative trading fees, which will ultimately attract Market Makers as it provides an additional revenue stream to them.
Cons
- Strong competition of already well established exchanges (however, with much higher market caps).
