ZBX, Europe’s regulated crypto exchange providing fiat-to-crypto and banking services, will list Everscale (EVER), the native token of the Everscale blockchain network. ZBX users will be able to buy and sell EVER for fiat and other cryptocurrencies on the exchange.
Previously known as FreeTON, Everscale expanded its ecosystem over the summer, eventually reaching an agreement with ZBX to list the network’s native cryptocurrency. The Everscale project was conceived following Telegram being asked to cease development on the launch of its native blockchain and associated cryptocurrency.
The fledgling network has a number of unique technical capabilities, including unparalleled scalability that allows it to process millions of transactions per second. Rather than letting the technology go to waste, it was made open-source and attracted a team of developers and enthusiasts that believed in its potential.
That early community has further crystallized into Everscale, bringing the blueprints of the original network to the DeFi sector, where an ecosystem has flourished around it. Everscale boasts the same scalability specs as before, and offers cheap transaction fees (less than 0.001% of the transaction), formidable security, a token distribution protocol that rewards contributors, and a decentralized governance structure.
Over this past summer, Everscale has kicked development up a gear. Broxus, part of the Everscale DeFi Alliance and one of the development teams working on the project, launched the first TON Bridge linking the network with Ethereum. The bridge and its corresponding token accompanies other features of the Everscale ecosystem, including a DEX, Crystal wallet and more.
The Everscale community has been working to raise awareness of the network’s advantages for users, and this listing on one of Europe’s biggest regulated exchanges will go a long way to seeing that happen. Providing easy and secure trading access to EVER for European users will help spread word about the project and give many a first taste of the diverse financial options available on Everscale.
Everscale is a fast, secure and scalable network with near-zero fees. It can process up to a million transactions per second thanks to its dynamic sharding technology. Built off of the Durov brothers’ original TON concept, the Everscale blockchain is designed to facilitate widespread adoption of decentralized solutions for millions of users through an unprecedented combination of reliable security, industry-leading scalability and decentralization. The ecosystem features a number of products, including a DEX and bridges with other blockchains.
ZBX is one of Europe’s leading regulated exchanges. The exchange offers fast, easy and secure trading for the most popular and in-demand cryptocurrencies. European users are able to trade, buy and sell cryptocurrency in various different pairings and for fiat.