July 2018 Summaries

Circle Internet Financial has announced that Poloniex, a cryptocurrency exchange it acquired five months prior, is expanding its offerings to include the EOS cryptocurrency, enabling new trading pairs such as EOS/USDT, EOS/BTC, and EOS/ETH. This development follows the implementation of the Circle Asset Framework, which assesses potential crypto asset additions based on various criteria, including fundamentals and market dynamics. The addition of EOS, an open-source blockchain protocol known for supporting decentralized applications, marks a significant step in Poloniex's strategy to enhance its platform and user experience. Improvements in deposit and withdrawal reliability, customer onboarding, and support ticket resolutions have been made to stabilize and grow Poloniex. EOS deposits and withdrawals are now live, though only mainnet tokens are supported, and no airdrops or ERC-20 variant conversions will be available. The announcement also emphasizes the inherent volatility and risks associated with trading crypto assets and encourages users to review the risk disclosure in Poloniex's Terms of Use.

Circle Invest has launched a new feature called recurring buys, enabling users to automatically invest a set dollar amount in cryptocurrency at regular intervals, such as daily, weekly, monthly, or bi-monthly, without having to worry about market timing. This feature is designed to help users build a long-term crypto portfolio more seamlessly and is available for all seven supported coins on the platform. Circle Invest aims to enhance financial accessibility and efficiency, thereby increasing global economic opportunity and prosperity. The platform is available on both the App Store and Google Play, allowing users to easily engage with blockchain technology and stake their claims on its future.

Circle Internet Financial has officially launched the Poloniex mobile app for iOS and Android, marking it as the sole supported Poloniex app on these platforms. This development aims to enhance user experience by enabling mobile trading, which requires generating an API key from the desktop site. The company has ambitious plans for the app, including improved mobile verification features, and encourages users to download the app and provide feedback. Circle is dedicated to transforming financial transactions to be more accessible and efficient, contributing to global economic opportunity and prosperity.

Circle Internet Financial has launched the Circle Trade API, an RFQ API designed to provide traders with automated access to their OTC desk, enabling the execution of trades for specific sides and sizes with initial support for BTCUSD and ETHUSD. This API caters to traders seeking ongoing liquidity for smaller orders below the $250,000 minimum threshold. Circle's broader mission is to revolutionize financial transactions by enhancing accessibility, inclusivity, and efficiency, thereby fostering global economic opportunity and prosperity.