Eterbase: Europe’s Regulation-Compliant Digital Asset Exchange


ETERBASE is a cryptocurrency exchange platform with a focus on multi-asset support and regulatory compliance. 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 is engaged in the process of a fully compliant platform that offers a broad range of B2C and B2B cryptocurrency-specialized solutions. These include a high-frequency trading platform capable of real-time spot trading and margin trading, over-the-counter trading, and high frequency server hosting with a direct-market access and incentive system for market makers.

ETERBASE has been designed to offer traders institutional-grade tools on par with those used by Wall Street. Its high-frequency trading platform can process up to millions of transactions per second per trading pair, making it scalable enough and fast enough to meet the ever-increasing demands of the trading community.

ETERBASE is a cryptocurrency exchange platform with a focus on multi-asset support and regulatory compliance. 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 is engaged in the process of a fully compliant platform that offers a broad range of B2C and B2B cryptocurrency-specialized solutions. These include a high-frequency trading platform capable of real-time spot trading and margin trading, over-the-counter trading, and high frequency server hosting with a direct-market access and incentive system for market makers.


How Do Eterbase Tokens Work?

Eterbase tokens, or XBASE tokens, are ERC20-compliant tokens built on the Ethereum blockchain. Tokens can be redeemed for discounts, products, and services available through Eterbase.

There’s a total supply of 1 billion XBASE tokens.

The primary purpose of XBASE tokens is to access the Eterbase tiered membership scheme, which we’ll talk about below.


Eterbase’s fees will be based on a tiered membership scheme. The more tokens you’ve deposited into the Eterbase platform, the higher your membership tier will be. Members on a higher tier will pay lower commissions than members on a lower tier.

Here’s how fees break down:

Basic (0 XBASE Required): 0.10% (maker fee), 0.10% (taker fee)
Plus (10,000 XBASE Required): 0% (maker fee), 0.075% (taker fee)
Professional (50,000 XBASE Required): -0.01% (maker fee), 0.05% (taker fee)
Premium (100,000 XBASE Required): -0.02% (maker fee), 0.03% (taker fee)

Other bonuses are available as you move to a new membership tier. Members with 0 XBASE tokens, for example, can issue a maximum of 100 requests per minute, while the other three tiers allow 500 to 5,000 requests per minute. Premium members can register up to 100 accounts. They also have a 75% discount on withdrawal fees, among other benefits.

What Problems Does Eterbase Seek To Solve?

Why do we need an exchange like Eterbase? The company believes the market is failing to address several key problems in the industry, including all of the following:

Growing Market Requirements: The crypto market is exploding with growth, but existing cryptocurrency exchanges struggle to handle the volume.

Limited Technology: Eterbase’s whitepaper mentions technological problems like rate-limited trading APIs, non-real-time transaction confirmations, and delayed order book updates. These issues make it “exceptionally challenging, if not impossible, to monetize trading strategies that require the simultaneous execution of many trades.”

Client Support: Eterbase claims most exchanges treat customer service as “an afterthought.” Eterbase will emphasize a “human-centric” customer service model that better responds to customer requests and complaints.

Lack of Fiat Acceptance: One annoying thing about cryptocurrency exchanges is that it can be hard to deposit money into the platform. Not all exchanges accept fiat currencies. Some exchanges only accept a particular type of fiat currency – like the USD or GBP. Eterbase wants to register as an EU-regulated bank, which would allow it to accept SEPA payments and other traditional payments from Europe-based bank accounts.

Exchange Security: Major exchanges are constantly bombarded with hacking attacks. Even the largest exchanges experience downtime. These are serious issues for an industry seeking mass adoption.

Trading Fees: The average top exchanges charge trading fees of 0.1% to 0.2%, increasing friction in the marketplace. Eterbase will actually offer negative trading fees to some users (you’ll earn money as a market maker on certain membership tiers, for example).

Listing Requirements: Today’s leading exchanges can command $1 million as a listing fee. That’s why many new token developers are forced to use secondary markets where they face low liquidity and large spreads.


Eterbase Conclusion

Eterbase aims to distinguish itself from the competition by launching a fully-regulated Europe-based cryptocurrency exchange. That exchange will offer enterprise-grade trading capabilities along with a tiered membership system that significantly rewards XBASE token holders. Eterbase is also applying to become an Electronic Money Institution (EMI) under EU law, which means the exchange could accept SEPA transfers and interact directly with European banking systems.

Website: https://eterbase.com
Whitepaper: https://eterbase.com/whitepaper/
Telegram: https://t.me/eterbase
Reddit: https://reddit.com/r/eterbase
Youtube: https://www.youtube.com/channel/UCby9N-X7_iNovspDxZ_JC6Q
Linkedin: https://www.linkedin.com/company/28589703/
Facebook: https://www.facebook.com/eterbase
Bounty: https://bitcointalk.org/index.php?topic=4704620.0

Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=876810

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