XBASE UNIFICATION IS COMPLETE!

ETERBASE
2 min readMar 2, 2020

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Eterbase Coin has migrated partially (55% of the total supply) to Binance Chain in July 2019 with a goal to increase its reach and strengthen the overall Eterbase ecosystem whilst joining the Binance Chain Alliance.
But XBASE-B didn't get the recognition we expected and actually created some confusion between users which also led to a disbalance in the prices of XBASE and XBASE-B.
Leaving the alliance and the connection with other great minds with a joined goal to improve each other and this industry was never an option and that's why we had to come up with another solution: UNIFICATION

What does that exactly mean and what will change/improve?

The most important change this update brings will be the merging of XBASE and XBASE-B markets on eterbase.exchange and both tokens will be tradeable inside joined XBASE markets. Yes, markets. Alongside merging the tokens new markets will also be opened:
- XBASE/EUR
- XBASE/USDT
- XBASE/BTC
- XBASE/ETH
- XBASE/EBASE
- XBASE/XTZ
- XBASE/LTC
- XBASE/ATOM
- XBASE/BCH
- XBASE/BSV
Both token types have and will always have the same utility — they are the CORE requirement for Premium Memberships on Eterbase and joining the markets should also affect other segments of their “life”. The unification should increase the liquidity (the liquidity will be concentrated on fewer pairs which will indirectly increase the price in the long run) and remove the previously mentioned confusion as both tokens have the same use case.
You can still deposit both token types to eterbase.exchange, and while requesting a withdrawal you can choose which token type you want to receive.

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ETERBASE

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