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Giant Bitcoin Exchange Coinbase Pro Starts Tezos Trading

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Coinbase Pro announced that the proof of stake-oriented and democratically managed Tezos blockchain will be added to the corporate trading platform.

Tezos (XTZ), a multi-million dollar blockchain, officially launched in September 2018, offers stakeholders the opportunity to vote in chains for proposed upgrades.

It is not clear whether Coinbase Pro will provide platform self-healing ”tasks to platform users.

Before trading, Coinbase Pro will create token reserves on trading pairs with BTC and USD. According to the company’s blog post, the company, which will start on Monday (August 5th), will accept transfers from XTZ 12 hours ago.

Iğ When the platform provides a sufficient supply of XTZ, it will be traded on the XTZ / USD and the XTZ / BTC order books will begin gradually, starting from post-mode and will continue to make full transactions if we meet our criteria for a healthy market. ”

Other purchases of digital assets to be included in the trading platform likewise Coinbase is planning to pass through four stages before starting work Tezos functionality completely.

The first is the Aktar Transfer Only ”stage, where order books will only support incoming money. Once a reserve has been created, the platform will move to the “Send only” phase, which will take one minute to allow users to submit limit orders that will not be executed. The third is the sınırla Limit only ”stage, where“ limited orders will begin to match, but customers cannot send market orders ”.

After these stages, full processing will be possible. More importantly, Tezos will not be available on Coinbase. In 2017, Tezos issued its first coin offer of $ 232 million (ICO), one of the largest funding events at that time.

Last month, Coinbase Pro added Chainlink for trading. The company plans to include additional digital assets.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.