The largest crypto exchange in the world, OKEx, is in the Tezos news now for listing the XTZ token. Tezos (XTZ) is an open source platform for assets and applications which is backed by a community of builders, researchers and validators.
As data from Cryptoispy shows, Tezos is the 21st most popular cryptocurrency and has a total market cap of over $583 million and a trading volume that just crossed the $14 million mark. The stats show that the depositing of the XTZ token will be available from November 6, 2019 at 09:00 (UTC) and the XTZ spot trading against USDT and BTC will open at November 7, 2019 at 09:00 (UTC).
The head of operations at the largest crypto exchange OKEx named Andy Cheung commented on the listing and said:
“Tezos is a highly respected project with a robust community, and we’re happy to be able to add the value of the XTZ network to the OKEx ecosystem, where we strive to deliver a one-stop-shop for professional and retail traders.”
Created by the former analyst at Morgan Stanley named Arthur Breitman as well as Kathleen Breitman, Tezos (XTZ) is a platform for decentralized applications and smart contracts. The stakeholders are the ones in charge for governing the upgrades to the core protocol, including upgrades to the amendment process without having to actually fork the network into two different blockchains.
As a project, the main mission of Tezos is to promote long-term upgradability and open participation that will support mainstream adoption of the blockchain technology. Now that Tezos is listed on the largest crypto exchange, we could expect the price of XTZ to jump. At press time, XTZ is trading at $0.88 with a 2.82% increase on the day which is attributed to the news about the listing.
Speaking of, OKEx’s listing review process has set a standard in the industry because of many aspects. From project quality to project community and promotion opportunity, the largest crypto exchange strives to ensure that every listed project delivers practical use cases and brings in market liquidity.
Headquartered in Malta, the OKEx exchange is a platform that holds more than 400 tokens and futures trading pairs to millions of customers in 150+ countries. From spot trading to fiat-to-token trading, margin trading and crypto derivatives, the exchange lists a host of options for traders, miners and institutional investors.
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