Poloniex, a top-15 cryptocurrency exchange by trading volume and subsidiary of Goldman Sachs-backed Circle, announced today that it has added Basic Attention Token (BAT), the token associated with the Brave browser, and Loom Network (LOOM), a blockchain ecosystem for games and social apps, as available trading options on its trading platform.
Poloniex Exchange✔@Poloniex
Deposits and withdrawals are currently live. Trading in USDT, BTC, and ETH pairs for each project will be enabled on August 22th at 16:00 UTC. https://medium.com/@CircleTeam/bat-and-loom-land-on-poloniex-c3fedb300b69 …
BAT and LOOM land on Poloniex – Circle Blog – Medium
On the heels of EOS, Status, and Kyber Network, we are announcing the addition of two new ERC-20 tokens on Poloniex today. After reviewing…
medium.com
In the announcement, the Poloniex team reveals that the two tokens were selected for listing after meeting pre-determined criteria across multiple categories.
After reviewing across five broad categories — fundamentals, technology, people, business model, and market dynamics — we selected these two projects based on the opportunity they present for Poloniex customers.
Both tokens will be available for trading on August 22nd at 16:00 UTC, with BTC, ETH, and USDT trading pairs planned at launch. Deposits and withdrawal are currently live.
This news comes just a week since Poloniex added Status (SNT), a mobile operating system for Ethereum, and Kyber Network (KNC), a decentralized exchange protocol, to its trading platform.
BAT and LOOM are currently ranked 37th and 98th, respectively, in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.