Dear KuCoin Users,

KuCoin is extremely proud to announce yet another great project coming to our trading platform. Tezos (XTZ) is now available on KuCoin. Supported trading pairs include XTZ/BTC and XTZ/USDT.

Please take note of the following schedule:

Deposits Effective Immediately
Trading: 18:00 June 28, 2019 (UTC+8)
Withdrawal: 18:00 July 1, 2019 (UTC+8)

Tezos (XTZ) Project Summary

Tezos is a blockchain that can evolve by upgrading itself. Stakeholders vote on amendments to the protocol, including amendments to the voting procedure itself, to reach social consensus on proposals. Tezos supports smart contracts and offers a platform to build decentralized applications.

Self-amendment allows Tezos to upgrade itself without having to split (“fork”) the network into two different blockchains. This is important as the suggestion or expectation of a fork can divide the community, alter stakeholder incentives, and disrupt the network effects that are formed over time. Because of self-amendment, coordination and execution costs for protocol upgrades are reduced and future innovations can be seamlessly implemented.

In Tezos, all stakeholders can participate in governing the protocol. The election cycle provides a formal and systematic procedure for stakeholders to reach an agreement on proposed protocol amendments. By combining this on-chain mechanism with self-amendment, Tezos can change this initial election process to adopt better governance mechanisms when they are discovered.

Official Website: https://tezos.com/

Whitepaper: https://tezos.com/static/white_paper-2dc8c02267a8fb86bd67a108199441bf.pdf

Risk Warning:

Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.

Regards,

– The KuCoin Team

Media Contact
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