About Eterbase (XBASE)

Eterbase is a distinctive European cryptocurrency exchange that prides itself on being regulatory compliant. This exchange offers a fast and secure service on a clean user interface. Accordingly, Eterbase can be the world’s premier digital exchange. The exchange combines experience in the finance and crypto exchange realms to come up with a project that is the gold standard. As a result, the exchange can be a reliable, scalable solution for the cryptocurrency sector.



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Product and Token Utility

To understand Eterbase, you have to look at problems with some of the pioneer exchanges in existence. The likes of Binance have had to suspend registration at one point or another. This is because their systems could not cope with demand and fast service. Eterbase has a robust operational and technological infrastructure on par with the large banks and Wall Street firms.

The project came to life in April 2018. Additionally, the project has a native token called xBase that provides liquidity to the platform. The Eterbase exchange is different because of its unique product. This exchange can facilitate heavy-duty Trade and is compliant with regulations such as KYC, AML, CTF, and GDPR. These cover for all key European regulations.

The exchange also comes with a mobile app to ease operations. Moreover, you can have sub-accounts to manage different portfolios on the same platform. Social trading is also possible since you can connect with top traders. Top traders receive a commission for information shared.

This platform solves problems with existing exchanges such as: Scalability problems in exchanges, delayed transaction confirmations, slow customer support and regulatory and listing requirements.

Eterbase Team

The Eterbase team is from Vaduz, Liechtenstein. The main figures are co-founders Robert Auxt and Kenneth Kumor who take the business lead and project lead respectively. The official registration name is Eterbase AG under the corporate number FL-0002.570.473. The team comprises of experienced individuals in business and tech with Robert having served at the board level of the European Investment Bank and European Stability Mechanism. These are organizations with multi-billion dollar balance sheets and bode well for xbase. Other Notable figures are Martin Smutny the CTO and Jozef Brhel.

Project Roadmap

Eterbase raised 7 million dollars from the sale of xbase during the ICO. This was a haul enough for the development to move forward with intended goals in the roadmap.

Q2 2019- The current quarter will come with the launch of a crypto to fiat exchange with a structural framework to back it up. This is obviously a critical part of the exchange.

Q 4- 2019- After launch, the next significant milestone is the launch of iOS and Android applications.

Q1 2020-Early next year ETERBASEwill issue its own version of pre-paid debit cards.

Important Partnerships

By virtue of Eterbase’s commercial and utility functions, partners are crucial to the success of this exchange. Some notable ones include: One chain Capital, Digibyte, Identity Mind Global, Ambisafe, Odilia, Everex and One USD. These partnerships are crucial for the listing of digital assets and facilitating trading with mainstream financial institutions.



Eterbase Tokenomics and ICO Details

The Eterbase (xBase) token is the native coin of the exchange. With a total supply of 1 billion tokens, the development team clearly went all out in the launch of this coin. The token is ERC20-compliant and therefore compatible with Ethereum wallets.

The project did conduct a successful ICO to fund its operations. The total haul from the token sale was $7 million with an ICO price of 0.0150 USD per token. The ICO started on Oct 18, 2018 and ended Dec 11, 2018.

Accordingly, the development team put in place incentives for significant token holders. They earn what is called premium membership. The perks of this include zero trading fees, direct support, upto 100 portfolios and direct market access. This tiered membership makes owing more tokens a whole lot more advantageous. Overall, the Eterbase ICO was successful with websites like ICO Bench awarding it a rating of 4.2/5.

Price Analysis

In cryptocurrency circles, Eterbase is still a new project having listed on CoinMarketCap only in March. You cannot fairly look at the track record for clout as this is a project very much in the future. At the time of writing, the project had completed token sale with a hardcap of 480 million xbase tokens sold. This hardcap success indicates that investors have full confidence in the project which is always good. The project has a tremendous upside not only for its regulatory compliance but also the technical prowess.

xBase/ETH Technical Analysis

XBASE started to rise from accumulation fase end of March and went up to highs of 0.00007. The price looks to have broken out of a falling wedge formation and seems to continue bullish price action to newer highs.



That said, the price is not yet reflective of the entirety of this project as long-term catalysts are sure to add enthusiasm and investor confidence. However in the short to medium term, rising Ethereum (ETH) prices would likely lift xBase prices. Nonetheless, xBase prices may seem lower than to similar products like $DGTX, $BTMX, $KCS, $HT and $BNB but will definitely catch up especially when we factor in catalysts.

Interested traders and investors can trade xBase at

https://www.cointiger.com/en-us/#/trade_center?coin=xbase_eth However, this is not financial advice.



Eterbase can offer insane scalability which will become a more apparent need as the coin community grows larger. With the registration as an Electronic Money Institution (EMI) in Europe to be approved, Eterbase can really explode. This is because access and collaboration with European banks is the Holy Grail for the project. Approval will enable Eterbase to issue a fully operational International Bank Price analyses.There are certain specific factors that can positively impact Xbase prices. They are as follows:

Short Term Catalysts

The launch of the crypto to fiat exchange by the end of April with (International Bank Account Numbers) IBAN accounts for users by end of April. This will put all operations in motion. IBAN opens access to 31 European markets which can be huge for Eterbase.

Moreover, the multiple IEO (initial exchange offering) project signed for Launchpad of tokens on Eterbase. Xbase is probably needed to participate.

Notably, the tier membership means that there is up to 1 million XBASE locked for Premium memberships: This is an incentive for large scale investors who bring institutional money which can be a great boost.

What of long term performance? The following events can bode well for Eterbase token performance even into the distant future;

Long Term Catalysts

The automated Masternode and staking integration for listed coins is something many investors look forward to. Masternodes are an investment opportunity in their own right and premium account holders in particular will benefit.

The introduction of margin trading.

Personal wallet storage to replace the existing arrangement. Eterbase currently stores your assets and the converse will be a confidence booster,

Debit cards for all users which make payments easier.

Fiat to crypto conversion for all g20 coins.

Most of all, the institutional power that comes with the infrastructure for trading firms and hedge funds. This will be possible because of Eterbase regulatory compliance. Eterbase can access such servers and the firms can have less latency IBAN.

From these it is clear that Eterbase is a project that just got started. The events lined up mean that this project’s sails are about to catch some major headwind. The future is digital and Eterbase represents a glimpse of this frontier.

Conclusion

In general, Eterbase aims to carve out a niche for itself as a fully-regulated European cryptocurrency exchange. Regulatory compliance is one of the biggest question marks surrounding cryptocurrency as a whole and this is Eterbase’s way of standing out. It goes without saying that the exchange offers enterprise-grade trading capabilities because of the tiered membership system that leans favorably on the side of token holders. The fact that the exchange can become an Electronic Money Institution (EMI) under EU law is big news since it can interact directly with European banking systems. This is a project with its best days still ahead. Visit Eterbase.com. today to learn more about this exciting project.