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Tezos (XTZ) Explained

What is Tezos (XTZ)?

Tezos is a "self-amending" Proof-of-Stake blockchain designed to compete with Ethereum but emphasizes continuity. The idea behind Tezos' creation is to minimize the probability of hard forks that can damage a network. Holders of XTZ can vote on development proposals by "baking" --staking--their coins and locking them for a period to earn XTZ. Tezos has grown over time and has an active DeFi and NFT ecosystem, striking a valuable partnership with Ubisoft in 2021. 


Why Trade XTZ?

Tezos is in the top-50 and a liquid cryptocurrency held by thousands across the globe. With a developing DeFi and NFTs ecosystem attracting high-profile partners, XTZ has become a sought-after coin. XTZ is available for trading in CryptoAltum, paired with the USDT, BTC, and other liquid currencies. Traders can initiate long and short positions through the easy-to-use MT5 trading platform with over 60 trading tools and indicators. All new CryptoAltum traders who sign up to trade XTZ will receive a 100 percent deposit bonus and low fees.


Risk Disclosure: Trading cryptocurrencies or any other financial instrument involves a significant level of risk and may result in a total loss of your investment. You should consider carefully whether investing in Bitcoin or any other instrument offered by CryptoAltum is appropriate to your financial situation. CryptoAltum only accepts deposits in Cryptocurrencies. By trading with CryptoAltum you acknowledge your understanding of this risk disclosure and your agreement with the Terms and Conditions.

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