Binance, the worlds largest cryptocurrency exchange by adjusted trading volume, has announced that Binance.US, the trading platforms US-based division, will begin listing Tezos (XTZ) on March 16, 2020 at 9:00 AM EST.<\/p>\n
As mentioned on the exchange operators official website, Binance.US will support trading for the XTZ\/USD and XTZ\/Binance USD (BUSD) trading pairs.<\/p>\n
Binance.US may deposit US dollars, BUSD (the exchanges stablecoin), or XTZ tokens to their exchange wallets before trading for the supported pairs goes live on Monday.<\/p>\n
The XTZ token is trading at $1.47 at the time of writing.<\/p>\n
Founded in 2014 by Arthur and Kathleen Breitman, the Tezos project raised $232 million through an initial coin offering (ICO) back in July 2017. At the time, it was the largest ICO ever conducted, but was later overtaken by Filecoin.<\/p>\n
Last month, Tezos XTZ crypto token hit a yearly high of about $3.90, having outperformed most other altcoins.<\/p>\n
Binance continues to expand its operations across the globe.<\/p>\n
Changpeng Zhao, CEO at Binance, revealed recently that the exchange will introduce a fiat gateway for South African cryptocurrency traders, which will allow them to make deposits in Rands.<\/p>\n
The announcement was made during the Blockchain Africa Conference, which is being held in Johannesburg.<\/p>\n
Zhao said that South African crypto traders will soon have the option to make Rand deposits on the platform via Binances official website.<\/p>\n
Zhao noted:<\/p>\n
Africa illustrates one of the largest demands and instrumental use cases for cryptocurrency, notably for financial access. According to the World Bank, approximately 66 percent of sub-saharan Africans are listed as unbanked. So instead of trying to bank the unbanked, lets try and Bitcoin the un-Bitcoined.<\/p>\n
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