Tezos Rose Almost 30% After Listing On Coinbase Pro
The leading US cryptocurrency platform Coinbase Pro has announced the listing of Tezos (XTZ), which has pushed the price by almost 30%.
The representatives of the company said that users of the Coinbase Pro trading platform will be able to make deposits in XTZ on Monday August 5. When it will be creating enough liquidity, the gradual possibility to trade on XTZ/USD and XTZ/BTC markets.
As in the previous cases, the newly added asset would not initially be available to users of the Coinbase.com the main website and mobile apps, however, it can be expected that this will occur at a later stage.
On Monday August 5, our XTZ/USD, and XTZ/BTC order books will enter transfer-only mode, accepting inbound transfers of XTZ in supported regions. Orders cannot be placed or filled. Order books will be in transfer-only mode for a minimum of 12 hours. https://t.co/PDrccf2Nww
— Coinbase Pro (@CoinbasePro) July 30, 2019
Against the background of the news on listing on Coinbase Tezos rapidly began to grow in price. If on Tuesday the coin was trading around $ 1, by Wednesday morning its price rose to $ 1.29.
Earlier in July, it became known that the fifth-largest bank in Brazil, BTG Pactual, and Dalma Capital’s Dubai-based asset manager, will use the Tezos blockchain to hold security tokens (STO). At the same time, it is expected that the volume of operations will exceed $ 1 billion.