Eterbase

Overview of Eterbase

Eterbase aims to become a fully compliant platform that offers a broad range of B2C and B2B cryptocurrency-specialized solutions, which include a high-frequency trading platform, over-the-counter trading, treasury management and high-frequency server hosting with a direct-market access and incentive system for market makers in the form of negative trading fees.

ETERBASE provides a comprehensive range of charting and tracking tools, a simple buy and sell interface and easy to know dashboard as well as SDK’s (software development kits) and API’s (application programming interface) for more complex dynamic order books and bots.

ETERBASE have designed an exchange platform and membership protocol to accommodate a wide variety trading of needs, with the intention of solving a number of key problems and common annoyances affecting the quality of trading experience on the first wave of digital asset exchanges.

Eterbase started in May 2019 with the goal of becoming the Premier Digital Asset exchange that fills the underserved market for a reliable exchange with a robust operational and technological infrastructure on par with large banks and Wall Street firms.

Eterbase circumvents this problem by leveraging its partnership with Majestic Omnibank Payment Platform to enable Treasury Gateway clients to receive EUR SEPA IBAN in their projects’ name, with direct payment accounts for all 28 EU member states.

Eterbase is a premier digital asset exchange in Europe with currently distinctive qualities of negative commissions (maker — taker rebates, as seen in mature capital markets for over a decade), along with Euro currency pairs and deposits.

Eterbase describes XRP as a digital asset built for payments: “it’s the native digital asset on the XRP Ledger — an open-source, permissionless, and decentralized blockchain technology that can settle transactions in 3–5 seconds.

Eterbase confirmed the news on its Telegram and Twitter channels on Tuesday, stating that six hot wallets of the exchange containing ether (ETH), ERC-20 tokens, bitcoin (BTC), XRP, Algorand (ALGO), and Tezos (XTZ) were compromised.

Eterbase, a European digital asset exchange, has called on other exchanges to block stolen crypto following a hack that saw close to $5.4 million worth of crypto moved to other exchanges earlier this week.

Eterbase has also reached out to their rival exchange platforms, asking them to freeze the transferred funds, so that the threat actors can’t cash out their loot. 

Blockchain

“Currently, B2B focused blockchain projects have developed several use-cases for their token as part of their tokenomics,” details the Eterbase announcement for the Treasury Gateway.“Most of them require their native token to be used as payment for their services.” 

Mine

However, instead of keeping the fees, they are redistributed to the market maker if they have a Premium 5 or higher membership.In essence, traders and market makers can make fees just from their orders being executed in the same way as exchanges do.This is very exciting as it allows traders to effectively use strategies that wouldn’t normally be profitable on other exchanges, and still make a profit.To put it simply, if you were to place a limit order into our order-book and this order is executed normally, the exchange would receive fees from both the market makers and market takers (or from both sides of the trade).We hope that these mechanics will bring more liquidity and the most prominent traders and market makers to the Eterbase platform in the future.

Network

In one of the first of its kind, a token trade was executed between Pareto Network and Eterbase to commence a variety of collaboration.

Regulation

Eterbase is a Slovakia based Digital Asset Exchange, which is compliant with EU laws and regulations, and offers the fastest and most secure API within the space.Having its own collateralized payment token EBASE and many features superior to its competitors, Eterbase aims to position itself amongst the TOP crypto exchanges and as a financial institution.

Support

ETERBASE is a cryptocurrency exchange platform with a priority of multi-asset support and compliance with all legal financial standards.ETERBASE offers a wide range of B2C and B2B solutions in the cryptocurrency industry.

Transactions

Finally, Eterbase acknowledges that “RippleNet customers can use XRP for sourcing liquidity in cross-border transactions, instead of pre-funding — ensuring instant settlement, lower exchange fees, and more efficient use of working capital.”

Where can I get Eterbase Coin wallet?

Eterbase Coin produces its own wallet software that is available for download on its website, which allows you to store Eterbase Coin on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

Sounds too complicated?

Let’s illustrate it with some basic images.

How do they work?

The concept is simple — any user can deposit XBASE on the exchange and lock them to become a Premium Member.The tokens can be unlocked at any point in time, meaning that if you do choose to become a Premium Member, you won’t be forced to hold your tokens locked for an extended period of time.

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How Many Eterbase Utility Token Coins Are There?

There are currently 489,055,863 Eterbase Utility Token coins circulating out of a max supply of 1,000,000,000.

How was the Security Breach Perpetrated?

The investigation is still ongoing regarding the actual identification of the hackers, and how the security breach happened.However, according to the information disclosed by security experts of Eterbase, the cybercriminals had hacked into the network system of the cryptocurrency platform.

What Is Eterbase Utility Token's Price Today?

Eterbase Utility Token (XBASE) is trading at $0.00369 USD, decreasing by -0.48% since yesterday.Eterbase Utility Token has traded $393,416 USD in the last 24 hours.

What is the value of Eterbase Coin?

One Eterbase Coin (XBASE) is currently worth $0.00 on major cryptocurrency exchanges.You can also exchange one Eterbase Coin for 0.00000026 bitcoin(s) on major exchanges.The value (or market capitalization) of all available Eterbase Coin in U.S.dollars is $3.10 million.

How do I buy Eterbase Coin?

It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Eterbase Coin.

What hashing algorithm does Eterbase Coin use?

Eterbase Coin is a coin that uses the ETH Token algorithm.

What coins are similar to Eterbase Coin?

The following coins use Eterbase Coin’s ETH Token algorithm and proof-type: Chainlink, THETA, Binance USD, DREP, DREP [old], PancakeSwap, Aave, FTX Token, Maker, Crypto.com Coin, Huobi Token, Dai, Polygon, Chiliz and Holo.

Why Can’t We All Just Get Along?

[Evan] It’s crazy how much information security reflects life and vice versa.I’ve been thinking about what our next series should be, and I’m always interested in tackling serious topics.We’re in the middle of an election cycle right now and I can’t remember a time when our country has been more divided than it is today.Me being me, I want to talk about it with you (Brad).

What does this mean?

In order to incentivize existing users to bring more people to the platform, we are implementing a 5 chain referral system.This means that 5% increments of the Referral Bonus mentioned above are distributed to the chain of traders who have referred the trader who pays the fee.

What is Eterbase Utility Token?

ETERBASE describes itself as a cryptocurrency exchange platform with a focus on crypto to SEPA integration (via individual IBAN accounts), multi-asset support, and regulatory compliance.

How Much Did Eterbase Utility Token Raise?

The Eterbase Utility Token ICO (initial coin offering) raised funds at a price of $0.02 USD.The Eterbase Utility Token ICO began on October 10, 2018 and ended on October 18, 2018.Key team members during the Eterbase Utility Token ICO included Sam Buxton, Vojtech Simetka, and Lin Cheung.

What happens to the other 50%?

Half of it (25% of the total) goes to Eterbase.The other half (25% of the total) goes towards Referral Bonuses.

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Investment is a very lucrative method for generating future income.However, it requires individuals…

Why Can’t We All Just Get Along?

Today’s topic is about our divisiveness in world today and what it means to our industry.We’ll be careful to be respectful of other people’s opinions as we navigate these waters, and this may be a good segue into a future series we’ve been thinking about recently; “Politics and Information Security”.

What Next?

Following the incident, ETERBASE involved the relevant law enforcement authorities as they go on with the investigations.

What is Eterbase Coin?

ETERBASE is a cryptocurrency exchange platform with a focus on multi-asset support and regulatory compliance.As ETERBASE demonstrate, there is clearly an underserved market for a reliable cryptocurrency exchange with a robust operational and technological infrastructure on par with the large banks and Wall Street firms.ETERBASE have designed an exchange platform and membership protocol to accommodate a wide variety trading of needs, with the intention of solving a number of key problems and common annoyances affecting the quality of trading experience on the first wave of digital asset exchanges.

History of Eterbase