eToro, a UK-based crypto exchange that acts as a kind of social network for investors and traders, has announced support for a new token – Tezos (XTZ).
On its Twitter blog, the eToro team announced that Tezos, the token that ranks 16th in the digital asset rating by market capitalization, is already available to platform users. According to a publication from eToro, Tezos has already become the 15th token in the eToro line. EToro users are also available with BTC, ETH, MIOTA, BCH, XRP, ADA and other leading altcoins.
Whoever "liked" this tweet & follows eToro already got a heads-up! Tezos is available for trading on eToro: https://t.co/C15gbXEkYB
* This is not investment advice. pic.twitter.com/V01WGT8YZmeToro (@eToro) August 5, 2019
Yoni Assia, CEO of the British company, noted that the Tezos project is actively developing, as many banking institutions have already decided to use the Tezos blockchain to work with security tokens. Assia also pointed out that support for XTZ is part of eToro’s plan to provide investors with access to a wider range of crypto assets. He explained:
“Since we are watching the movement of financial institutions in the crypto industry, it is important that retail investors have the opportunity to take advantage of all technological innovations. That's why we are so happy that we are now collaborating with Tezos. ”
Note that the Tezos listing on the eToro site followed just after a fairly good jump in altcoin rates over the past week. So, the cost of XTZ over the past day has increased by 8%, over the past 7 days – by 50%. The Tezos token rally kicked off after U.S. cryptocurrency exchange Coinbase announced the addition of XTZ to the Coinbase Pro platform.
