ETERBASE COIN AND EURBASE SWAP

ETERBASE
2 min readJul 1, 2020

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After several internal and external discussions, we have decided to conduct a swap for the current contract of Eterbase Coin (XBASE) and EURBASE (EBASE).

XBASE

The new token will have improved technical and economic mechanics that will be unveiled later on and will be distributed to all eligible holders on Eterbase Exchange in ratio 1: 1000, which means that the supply of tokens will be changed from the current supply of 1,000,000,000 to 1,000,000.
The new token will entirely be issued on Ethereum Network and will not be available on Binance Chain or Binance DEX.

EBASE

Additionally, we have decided to swap the current contract for EURBASE (EBASE) and reissue with enhanced functionality and different economic model that will be announced shortly.

KYC/AML

Due to EU AMLD5 assessments, all swaps will take place at Eterbase Exchange. We will ask all unverified XBASE and EBASE holders to sign up and provide KYC verification at Eterbase as a mandatory step prior to the swap.

The current Premium Membership will be unaffected by the token swaps.

The precise start of swaps will be announced shortly.

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ETERBASE

ETERBASE is the first regulation-compliant European cryptocurrency exchange, offering fast, secure trading on a clean, powerful, user interface.