General
What are gas fees?
While gas in everyday life is thought of as the stuff the powers your car, gas in crypto is what is used to power the Ethereum blockchain. Whenever you want to make a transaction on the Ethereum bloc…
What blockchains, protocols, and token standards does Everbloom support?
Everbloom currently support the Ethereum blockchain and ERC20 tokens. Our first launch supports the EtherDelta smart contract and decentralized exchange protocol, enabling you to interact with your E…
What is Everbloom?
Everbloom is a decentralized exchange launched in the summer of 2018 supporting Ethereum and ERC20 tokens (with plans for more blockchains and tokens on the way). Our founding team is comprised of en…
Is Everbloom doing an ICO?
No. We believe a token is not necessary to building a great exchange, and in some cases, can even be a hindrance. While a token can be a great way to raise capital for some companies, it is not for e…
What is a decentralized exchange?
Decentralized exchanges trade cryptocurrencies using blockchain smart contracts and trading protocols. When people talk about a decentralized exchange (a "dex" or "DEX" for short), they are often tal…
What tokens are listed on Everbloom?
Currently, Everbloom supports a limited number of ERC-20 based tokens. We are working on support for trading other blockchains and different kinds of tokens on Ethereum. You can check out what's list…
Does Everbloom store my tokens in a centralized wallet?
No. Since Everbloom is a truly decentralized exchange, at no time do we have access to, nor store your funds in a central hot wallet. In order to interact with our exchange, you are required to have…
What is a fiat currency?
In basic terms, when you hear people referring to "fiat" or a "fiat currency", they are talking about traditional forms of money connected to a government such as USD, EUR, GBP, and JPY.
What is an ERC20 token?
ERC20 is a standard for implementing tokens (i.e., cryptocurrencies) on top of the Ethereum blockchain. If a token follows the ERC20 specification, that token is compatible with any system that suppo…
How does public key encryption work?
Public key encryption, also called asymmetric key encryption, is an authentication and encryption system wherein the public key verifies that only the private key a part of the pair has signed off on…
