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Everscale is listed on the European stock exchange ZBX

 

Press release

ZBX, a European regulated cryptocurrency exchange that offers banking and cryptocurrency services, will list Everscale (Ever), the native token of the Everscale blockchain network. ZBX users can buy and sell Ever on the exchange for fiat and other cryptocurrencies.

Formerly known as FreeTON, Everscale expanded its ecosystem over the summer and eventually reached an agreement with ZBX to list the network’s native cryptocurrency. The Everscale project was founded after Telegram was asked to stop development after the introduction of the native blockchain and associated cryptocurrency.

The fledgling network has a number of unique technical capabilities, including scalability for music, which enables it to process millions of transactions per second. Instead of leaving the technology idle, it was made open source and attracted a group of developers and enthusiasts who believed in its potential.

This initial community continued to crystallize into Everscale, bringing the blueprints of the original network to the DeFi area, where an ecosystem has grown around them. Everscale offers the same scalability specs as before, with low transaction fees (less than 0.001% of transactions), significant security, a token distribution protocol that rewards those who contribute, and a decentralized governance structure.

Last summer, Everscale started developing a device. Broxus, part of the Everscale DeFi Alliance and one of the development teams working on the project, has launched the first TON Bridge that connects the network to Ethereum. Bridge and its corresponding token will be bundled with other features of the Everscale ecosystem, including a DEX wallet, Crystal, and more.

The Everscale community has worked to make its users aware of the benefits of the network, and this listing on one of the largest regulated exchanges in Europe is still a long way off. Providing easy and secure trading access to Ever for European users will help raise awareness of the project and give more people a taste of the wide variety of financial options available on Everscale for the first time.

About Everscale

Everscale is a fast, secure and scalable network with almost zero fees. Thanks to dynamic sharding technology, it can process up to a million transactions per second. Building on the original TON concept of the Durov brothers, the Everscale blockchain is designed to facilitate the widespread adoption of decentralized solutions for millions of users through an unprecedented combination of security and privacy; Reliable, scalable and industry-leading decentralization. The ecosystem has several products including a DEX and a bridge to other blockchains.

About ZBX

ZBX is one of the leading regulated exchanges in Europe. The exchange offers fast, easy and safe trading for the most requested and popular cryptocurrencies. European users can trade, buy and sell cryptocurrencies in different pairs and for fiat.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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