Tezos (XTZ): a New Cryptocurrency on Coinbase

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Nowa kryptowaluta w ofercie giełdy Coinbase

After a few weeks on the Coinbase Pro platform, Tezos (XTZ) will appear in the full offer of the Californian exchange.

Little importance on the market

XTZ will operate in every region in which Coinbase is allowed, except New York. The information did not significantly affect the price of Tezos - at the end of Thursday's session it was close to reaching $2, but currently it is at around $1.4. Just a few months ago, placing a token in Coinbase's offer meant a lot, especially in market quotations. The current mood in the cryptocurrency industry indicates that our trust in altcoins decreases more and more, which is definitely proven by this case. The dominance of Bitcoin on the cryptocurrency market is indisputable, and other altcoins will have no choice but to experience many hardships.

About Tezos

Tezos is a project founded in 2014 by Arthur and Kathleen Breitman. It is a decentralized platform based on blockchain with its own cryptocurrency - XTZ. Tezos' network is built on the Proof of Stake system, but on the other hand, it allows its users to create smart contracts and decentralized applications. Various experts spoke about the project at one time, but currently, XTZ is somewhere around coins at the level of 1 billion market cap, and since it is unable to reach Ethereum or NEO, its natural competition is newer projects in the markets.