In the cryptocurrency space, the abbreviation “EBC” may refer to various projects, the most prominent of which is EBCoin. Additionally, there is a traditional financial services provider called EBC Financial Group, but its business operations do not involve cryptocurrencies.This article will focus primarily on EBCoin (EBC), providing information on its project background, total token supply, and the exchanges where it is listed.
What is EBCoin (EBC)?
EBCoin (EBC) is an ERC-20 token based on the Ethereum blockchain, designed to revolutionize the global duty-free and travel tax refund market. The project was launched in the fourth quarter of 2017 and is operated by the Singapore-based EBCoin Foundation Pte. Ltd., with support from the South Korean payment service provider KR Partners Co. Ltd. (KRP), which operates in the travel and duty-free industries. EBCoin aims to leverage blockchain technology to address the many inconveniences international travelers face during the tax refund process by providing services such as instant tax refunds, currency exchange, and convenient payments. Through the EBCoin platform, consumers can receive tax refunds instantly and use them as digital currency, thereby enhancing the transparency and efficiency of the tax refund process.
EBCoin (EBC) Total Token Supply
EBCoin’s total token supply is 1,500,000,000 EBC. During its token sale, EBCoin allocated 750 million EBC tokens to participants, representing 50% of the total supply. Of these, 150 million EBC were made available during the presale phase, and 600 million EBC were made available during the main sale phase. According to CoinMarketCap data, EBCoin’s maximum supply is 137 million EBC, with a self-reported circulating supply of approximately 890.5 million EBC, accounting for about 65% of the total supply. Meanwhile, CoinFi data shows that there are currently 4,585,368,086 EBCoin in circulation, with a maximum supply of 10,295,055,166. These figures are subject to change over time and are for reference only; investors can verify the latest data on market platforms such as Svmuu.
EBCoin’s Initial Coin Offering (ICO) began on January 16, 2018, and ended on February 13, 2018. The ICO raised approximately $8.52 million.
EBCoin (EBC) Listings on Exchanges
According to public information, EBCoin (EBC) was previously listed on exchanges such as BitMart. Additionally, Coinbase provides price, chart, and market capitalization information for EBCoin. However, it should be noted that some market tracking websites have marked EBCoin as “not tracked” or “inactive,” which may indicate low trading activity or insufficient data. The Binance platform does not currently support direct trading of EBCoin, but users can connect to decentralized exchanges (DEXs) via the Binance Web3 wallet to exchange the token.
It is worth noting that there is also an entity on the market called “EBC Financial Group,” a financial brokerage firm established in London, UK, that provides contract-for-difference (CFD) trading services for traditional financial products such as foreign exchange, precious metals, stock indices, U.S. stocks, and ETFs. EBC Financial Group has explicitly stated that it is not involved in any cryptocurrency business and does not offer CFD services related to cryptocurrencies. Therefore, when searching for information about EBC, it is important to distinguish between these two separate entities.
