From the 5th of August, the leading crypto exchange Coinbase Pro will start supporting Tezos (XTZ). After this news, the Tezos rate rose by about 30%.
Tezos support will be introduced gradually, initially the company will open the possibility of making deposits in XTZ, after a sufficient level of liquidity is reached Coinbase will fully open to trade for XTZ / BTC and XTZ / USD pairs. So far, the asset will not be available to customers of the breeze, who use the main platform Coinbase.com, as well as the application for smartphones, but in the future, as expected, the company will introduce such an opportunity.
XTZ / USD, and XTZ / BTC, our order transfer will be in the supported regions. Orders cannot be placed or filled. For a minimum of 12 hours. https://t.co/PDrccf2Nww
Coinbase Pro (@CoinbasePro) July 30, 2019
It is noteworthy that, against the background of this news, the cost of Tezos cryptocurrency increased by 30%. Some crypto analysts suggest that during the first two days of August, XTZ trading volume will increase significantly. The last time a significant rise in XTZ cost was observed in September 2018 – then the coin rate began to increase due to the launch of the Tezos team of the main network of the project. Then, during the weekly segment, the XTZ rate grew by more than 32%.