SHOW ALL

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Bittrex & Tezos’s integration and partnership

Bittrex & Tezos’s integration and partnership

Bittrex Global Exchange announced that it is currently considering integrating and listing of FA1.2 and FA2 tokens on the Tezos blockchain. These two token standards provide the creation of exclusive assets related to DeFi, NFTs, DAOs, and more. Therefore, the exchange can back the types of tokens that set on this blockchain.
Tezos is creating a name for itself due to its simplicity of use and energy productivity. Until now, it has excited big brands and teams such as Manchester United, GAP, Red Bull Racing and many others.

Its major attraction is that it has a green alternative due to having a blockchain to prove the stake. It perfectly joins energy efficiency, low transaction fees and integrated scalability. Concerning numbers, the network has actually seen an increase in user activity over the past year. For example, smart contracts tripled to more than 600,000 during that period. Therefore, Bittrex has attracted attention.
However, Bittrex, presently backs over 250 digital assets. Thus, this number can potentially increase when the partners finish the integration.

Basically, Tezos brings its user base to the cryptocurrency exchange. The current product portfolio includes NFTs with cross-chain utility, efficient farming protocols, efficient DEXs, crowded NFT platforms, and more. This is surly a core business because the network is one of the fastest-growing blockchain ecosystems.

About Nicolle

She is an Indian Freelance writer. She loves thinking, learning, and writing about all things Web3.

SHARE:
Latest NFT News, Trendings and Tutorials, right in your inbox, every Monday

IMPORTANT DISCLAIMER: All content provided here in our website, hyperlinked sites, social media accounts and other platforms are for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them.

Recommended Posts

Leave a Reply

Your email address will not be published. Required fields are marked *