Tezos News Today – Another digital asset is set to be listed on one of the biggest digital currency exchanges in the world. This time the digital token that will be added for trading is Tezos. Tezos has continued its steady rise and it is becoming more relevant in the last few months. This report about Tezos comes at a time when the digital asset market and the traditional financial markets are going through a tough period.
As stated above, Tezos is the digital asset that will be listed on a top exchange. This time the American extension of Binance exchange, Binance.US has announced that it will list Tezos on March 16. The digital asset marketplace said it will list the XTZ token for trading on its platform. The report was issued in an announcement on Binance’s website. Here is the content of the announcement published on Binance site:
“Trading for the XTZ/USD and XTZ/BUSD pairs will now be available on Binance.US from Monday, March 16.”
As of March 15, to when this content was published all users on Binance.US can now deposit the USD, BUSD, or the XTZ tokens to their wallets. This was attainable before trading today Monday, March 16. However, Binance announced that only deposits of XYZ tokens will be available for now. Per the announcement, withdrawals will begin from 9:00 AM on March 16.
As of when this content was published the price of Tezos was trading at $1.33. The digital asset is reportedly down by 16.17% accordingly to data given by CoinMarketCap. Tezos has an overall market cap of $936,459, 238. The digital asset also had a 24-hour trading volume of $156,583,490 and a circulating supply of 703,847,391 XTZ. Tezos was conceived in 2014. The project was launched by Arthur and Kathleen Breitman.
Back in July 2017, the digital asset held a highly successful ICO (initial coin offering) that raised no less than $232 million in funding. This was at the time the largest ICO until Filecoin took the record a few months later.
Tezos has held high points of about $3.90 particularly in February 2020. At the time the price of Tezos largely outperformed the bulk of the altcoins in the market. At press time it seems the digital asset is still feeling the effects of the ongoing crypto scourge. It is in the red zone