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Bittrex Global Exchange Explores Listing Of Tezos Ecosystem Tokens

One of the world’s premier digital exchanges, Bittrex Global, announced it’s exploring the integration and listing of FA1.2 and FA2 tokens on the Tezos blockchain.

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Bittrex Global To Explore Integration And Listing Of Tezos Tokens

Today, Bittrex Global, one of the world’s premier digital exchanges, announced that the exchange is exploring the integration and listing of FA1.2 and FA2 tokens on Tezos, one of the leading proof-of-stake blockchains with a promising combination of energy-efficiency, low transaction fees, and seamless upgradeability. `

The announcement reflects a growing chorus of financial service institutions expressing their interest to offer digital financial products and long-term store of value on Tezos. 

The Tezos blockchain protocol, a pioneer of Proof of Stake technology, is one of the original layer one blockchain networks to use staking to secure its network. Tezos benefits from low-gas fees, cross-chain utility, yield farming protocols, efficient DEXs, bustling NFT platforms, and more. 

FA1.2 and FA2 are token standards on the Tezos blockchain that allow for the creation of unique assets relating to DeFi, NFTs, DAOs, and more.

The integration and listing of FA1.2 and FA2 tokens on Bittrex would signify that a variety of tokens on the Tezos blockchain can be supported and integrated on the exchange. 

Tezos has gained considerable popularity for its energy efficiency, low transaction fees, and institutional-grade security. With over 6 million contract calls in January, Tezos is one of the fastest-growing blockchain ecosystems.

Active addresses on the network are at an all-time high of over 45,000, while active smart contract addresses have tripled from under 200,000 to over 600,000 over the past 12 months.

Notably, Tezos is one of the few blockchains in existence with on-chain governance, allowing community members to propose upgrades to the network to constantly evolve and meet the needs of its users without disrupting or splitting the network. To date, Tezos has seen more upgrades done through this on-chain mechanism than any other blockchain in existence.

As one of the world’s premier digital exchanges, Bittrex Global is committed to driving innovation in the digital asset space and is committed to giving promising projects the ability to raise funds, market and launch their IEO, distribute tokens and generate awareness for their project across the industry.

Token listings from Bittrex Global follow a thorough review and close examination of project innovation, token issuer due diligence, token economics, supply unlock schedule, use of proceeds, project roadmap, strategic partnerships, market interest, and community engagement. 

Learn more about Bittrex Global at global.bittrex.com/

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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