Bitcoin
$ 29,628.00 1.67%
Ethereum
$ 1,983.75 0.46%
Solana
$ 49.66 1.07%
Dogecoin
$ 0.083944 0.42%
ApeCoin
$ 7.50 2.88%
STEPN
$ 1.39 1.44%
Terra
$ 0.000172 5.35%

KuCoin aims for greater market share with Tezos listing

KuCoin aims for greater market share with Tezos listing

According to the latest report, a Hong Kong-based digital currency exchange KuCoin made an announcement on its official Twitter handle that it has included Tezos (XTZ) on its platform.

KuCoin is a leading crypto exchange that reportedly trades over two hundred dollars per day. Listing of the Tezos on its platform is a move that the exchange made in order to acquire market share in the United States. The Tezos is a high earning project with a market cap of around seven hundred million dollars, but with low liquidity.

This announcement came right after another crypto exchange Binance disclosed that the exchange is going to be booting the users from the main Binance.com platform and specifically from the U.S and will move the user to a U.S specific platform with limited listings, which means various digital currencies such as Tezos will not be included in the list of the exchange’s U.S only platform. Some crypto analysts are claiming that Binance’s token BNB is even not listed on the platform.

At the time of writing this article, the Tezos (XTY) tokens are trading at approximately $0.95, after a six percent fall in the last twenty-four-hour window. Moreover, the mainnet for this digital currency was reportedly launched last year in September with two hundred and thirty-two ICO.

Tezos is designed to be a highly adaptive cryptocurrency that enables “on-chain governance” while offering an unparalleled proof-of-stake blockchain.

Ahmad Asghar

Ahmad Asghar

A first generation gamer at heart and tech buff by nature, have been involved in the tech sector for better part of a decade. With that insight and knowledge, he now covers blockchain, cryptocurrency and everything fintech so others can make sense of the industry.

Related News

Hot Stories

XRP Price Prediction 2022-2030 [After Lawsuit]
Terra (LUNA) Rebounded over 1000% in A Day? — Can Investors Expect Any Ray of Hope?
Bitcoin, Ethereum, Cardano, and Tron Daily Price Analyses – 23 May Roundup
Michael Saylor says market crash will benefit Bitcoin
Bitcoin price analysis: BTC rejects downside at $29,000, another rally incoming?

Follow Us

Industry News

FED report finds 46% of American crypto holders earn over $100k
Cryptocurrency correlations are high, says the European Central Bank  
JADAT: Sumitomo Mitsui Trust partners with Bitbank to launch cryptocurrency custody
Coinbase adds Avalanche and MATIC to its wallet
Irina Berezina, Operations Lead of UpLift DAO, Attended Avalanche House