Ebang International Holdings Inc. (EBON) has advanced 12.93% at $1.66 in pre-market trading hours on the last check Tuesday. The stock of Ebang (EBON) gained 11.36% to complete the last trading session at $1.47. The price range of EBAN shares was between $1.29 and $1.68.
It traded 9.45 million shares, which was above its daily average of 3.6 million shares over 100 days. Ebang shares have gained by 13.95% in the last five days, while they have added 51.37% in the last month. EBON stock is surging after the company’s digital exchange move.
What move does Ebang have made?
Ebang (EBON) is a blockchain innovation organization with solid application-explicit coordinated circuit (ASIC) chip plan capacity. With long stretches of industry experience and mastery in ASIC chip plans, EBON has turned into a worldwide bitcoin mining machine maker with consistent admittance to wafer foundry limit.
With its authorized and enlisted elements in different wards, EBON plans to send off an expert, helpful, and creative computerized resource monetary assistance stage to venture into the upstream and the downstream of blockchain and cryptographic money industry esteem chain.
Ebang (EBON) today reported the official launch of Ebonex Exchange, the Company’s digital money trade in Australia, on February 15, 2022.
- Qualified members in specific geological districts will actually want to enlist and exchange by visiting the authority site on www.ebonex.com.au or by downloading its application from the Apple Store or Google Play store at Ebonex.
- Ebonex Exchange is an advanced resource exchanging stage freely made and created by the Company’s professionals who are senior industry specialists.
- The trade is intended to furnish worldwide cryptographic money members with secure, quick, proficient, and stable exchanging administrations in numerous monetary forms and modes.
- Ebang (EBON) has sent off its Australian activity with the foundation of its Sydney office in 2021.
- This move is to help EBON’s development drive inside Australia, as well as to show the supervisory group’s aspiration and assurance of making long haul esteem in the field of Fintech.
- The mature business climate and thorough administrative system in Australia will emphatically affect Ebonex Exchange’s possibilities.
- EBON expects that the digital money space is ready for huge development as the market for believed stages has developed essentially during the last year.
How this move will significantly impact EBON?
Ebang (EBON) is in plans of making Ebonex Exchange one of the chief business sectors in the digital money space and to turn into a confided-in stage for cryptographic money members around the world. The send-off of Ebonex Exchange has opened up an entirely different market for the Fintech business and is one more basic achievement in EBON’s essential turn of events.