Crypto trading platform eToro has announced that it will now support Tezos, users now being able to sell and buy the XTZ tokens on the exchange.
The UK-based exchange revealed a week ago that it will be adding a particular token for trading. Yesterday it announced that the crypto is in fact Tezos.
? #CryptoCoin #ComingSoon
— eToro (@eToro) July 31, 2019
Tezos (XTZ) is currently the 16th cryptocurrency according to market capitalization, currently trading at $1.40 USD. With this listing, XTZ has become the 15th crypto that is offered on eToro’s US platform. The exchange’s other supported crypto assets are Bitcoin, Ethereum, Bitcoin Cash, XRP, Litecoin, Ethereum Classic, Dash, Stellar, NEO, EOS, Cardano, IOTA, ZCASH, and Tron.
eToro’s co-founder and CEO, Yoni Assia, observed how the Tezos blockchain network was gaining traction in the banking sector, as the token is being used for security token offerings which are estimated at billion dollars.
“As we see financial institutions move more into the world of crypto,…