Maltese Crypto Exchange OKEx announced that at the end of this week she will be listing tezos (XTZ).
The Tezos whitepaper states that Tezos is "a universal and self-enforcing crypto ledger" and that "Tezos can instantiate any blockchain based ledger."
Tezos, whose first coin offering was (ICO) in the summer of 2017, uses the delegated stake proof algorithm (dPoS).
According to the development team, Tezos offers three main advantages:
- His native smart contract programming language, Michelson, simplifies formal validation, thereby enabling the creation of more robust, smart institutional contracts.
- Its “formal update mechanism” allows the network to remain relevant as more advanced technologies become available.
- All interested parties can “participate in the modernization of the network by evaluating, proposing or approving amendments.”
According to press release OKEx, the exchange will begin accepting XTZ deposits from 09:00 UTC on November 6, 2019, and spot trading two supported pairs - XTZ/USDT and XTZ/BTC - will start at 09:00 UTC on November 7, 2019. As for withdrawals, they will be enabled at 09:00 UTC on November 8, 2019.
Andy Cheung, OKEx Operations Manager, said the following:
Tezos is a highly respected project with a strong community and we are excited to be able to add the value of the XTZ network to the OKEx ecosystem where we aim to create a one-stop shop for professional and retail traders.
Regarding Corey Soreff, who is on the board of directors of the Tezos Commons, he said:
We look forward to a thriving relationship with OKEx, the world leader in blockchain, in developing the Tezos ecosystem together in Asia and around the world.
It seems that this OKEx announcement may have already helped the price of XTZ. According to CryptoCompare , at the time of writing, XTZ is trading at $ 0,8718, which is at 0,58% over the last 24 hours:
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