Kraken Exchange Adds Tezos (XTZ) Cryptocurrency Token Trading Support

Kraken Crypto Exchange Adds Tezos Support (XTZ)

Kraken, a BTC and cryptocurrency exchange, recently announced that it will support Tezos (XTZ). Trading of XTZ will commence October 16 and clients will be able to trade the token on both Kraken.com and the advanced platform trade.kraken.com.

The platform is a decentralized computing system for Turing-complete smart contracts. It has three significant features. First, liquid proof-of-stake consensus, which has a relatively low barrier to consensus participation and delegation.

Second, smart contract verification – the platform invented the Michelson programming language allowing formal proofs of contract properties for better contract security. Third, on-chain governance – all aspects of governance are contained in the platform, including voting on proposed protocol upgrades and paying developers to implement the upgrades.

Keep in mind that sell orders will not commence until the first Tezos XTZ deposits clear, which should be 30 minutes after the launch. The platform offers trading in XTZ/USD, XTZ/EUR, XTZ/CAD, XTB/XTZ, and XTZ/ETH.

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Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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