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OKEx Announces Listing of Tezos (XTZ)


With a market cap of $576+ million, Tezos trades open on top cryptocurrency exchange OKEx



OKEx (www.okex.com), the world's largest futures cryptocurrency exchange, today announced it will list Tezos (XTZ), an open-source platform for assets and applications backed by a global community of validators, researchers, and builders. According to Cryptocompare, Tezos is the 21st most popular cryptocurrency with a market cap of over $695 million USD and a 24-hour trade volume of over $206k USD.

The depositing of XTZ will be available from 09:00 November 6, 2019 (UTC). XTZ spot trading against USDT and BTC will open at 09:00 November 7, 2019 (UTC). XTZ withdrawal will open from 09:00 November 8, 2019 (UTC).

"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," said Andy Cheung, Head of Operations of OKEx.

Created by former Morgan Stanley analyst Arthur Breitman and Kathleen Breitman, Tezos is a multi-purpose platform for decentralized applications and smart contracts. Stakeholders govern upgrades to the core protocol, including upgrades to the amendment process itself without having to fork the network into two different blockchains. The project aims to promote long-term upgradability and open participation to support mainstream adoption of blockchain technology.

"We are looking forward to a thriving relationship with OKEx, a global leader in the blockchain space, in furthering the Tezos ecosystem together in Asia and throughout the world," said Corey Soreff, Board of Directors of Tezos Commons Foundation.

OKEx's listing review process sets a high standard in many aspects, including important pillars ranging from project quality (i.e. (legal) qualifications, business model and structure, promotion etc.) to project community (i.e. ecosystem-wise capacity and promotion opportunity). By taking every possible measure, OKEx strives to ensure every listed project delivers practical use cases and brings in market liquidity.

The addition of Tezos accompanies the November launch of OKEx's USDT Futures Trading, a linear futures contract. With USDT Futures, OKEx traders can long a position to profit from the increase of a cryptocurrency's price, or short a position to profit from the decline of a cryptocurrency's price. USDT pairs on OKEx include BTC, ETH, BCH, EOS, XRP, BSV, and TRX with a leverage level of 1-100x, both in fixed and cross-margin mode.

ABOUT OKEx
OKEx (www.okex.com) is a top-tier cryptocurrency exchange headquartered in Malta, offering more than 400 token and futures trading pairs to millions of customers in 150+ countries. OKEx offers the most diverse trading products in the market, ranging from spot trading, fiat-to-token trading, margin trading and crypto derivatives. The company also helps traders, miners, and institutional investors optimize their investment strategies.
okex.com

SOURCE OKEx

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Fondée en 2015, Chaineum est un cabinet de conseil en opérations de haut de bilan offrant une expertise de premier plan en matière d’ICO et STO, avec une vision stratégique orientée tant vers le métier de ses clients que sur la technologie blockchain. A ce titre, Chaineum a participé à la mise en œuvre de bonnes pratiques dans le secteur (ICO Charter, Security Token Network).
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About Chaineum:
Founded in 2015, Chaineum is a leading corporate finance advisory firm with a strong expertise in ICO and STO, and a strategic focus on both its clients' business and blockchain technology. As such, Chaineum paved the way in the implementation of certain best practices in this sector (ICO Charter, Security Token Network).
Chaineum's blockchain services division, is developing Chaineum Segment technology, an object-oriented private blockchain.

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Jeudi 7 Novembre 2019
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