Bonnie Chan: Tezos (XTZ) credit and withdrawal have been enabled on Gatecoin

tezos gatecoin-listings dpos crypto blockchain

HONG KONG — 11 July 2018 — Tezos (XTZ) withdrawal and credit have been enabled. You can now trade XTZ with BTC, USD, and EUR.

What is Tezos?

Tezos is a distributed ledger, making use of blockchain technology to form a blockchain governance by establishing a true digital commonwealth. Tezos established formal verification, a technique which mathematically proves the correctness of the code governing transactions and secure smart contracts. Industries with low margin for error such as aircraft and medical devices will mostly benefit from this unique technology.

The team believes that hard fork is not the most ideal and standard way to upgrade a protocol overtime. With the built-in consensus mechanism, it’s protocol can evolve and implement new innovations without the risk of splitting the chain.

Tezos aims to transfer the decision-making process to stakeholders by giving them voting rights to protocol updates and governing the platform. Tezos governance system enables stakeholders to efficiently govern the protocol through a formalized process by introducing governance rules. The On-chain governance allow developers to submit proposals for protocol upgrades, stakeholders will have the right to approve and authorize the protocol updates in the platform. Developers will be rewarded if their proposal is approved, incentivising developers to contribute to the Tezos core development over time.

What are Tezos (XTZ) Tokens?

Tezos Token (XTZ) is the native token of the Tezos ecosystem, transferring the governance power to the stakeholders. Under the Tezos voting mechanism, token holders can vote on whether the protocol upgrade proposal submitted by developers should be approved.

Tezos delegated proof of stake (POS) consensus mechanism gives stakeholders the opportunity to participate in validation of transactions on the network or delegate someone else to validate on their behalf. Unlike other digital currencies, XTZ cannot be mined, token holders are rewarded for taking part in the POS (proof of stake) consensus mechanism.

Where can I find more information about Tezos?

Risk Disclaimer

Trading blockchain assets such as bitcoin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade blockchain assets you should carefully consider your investment objectives, level of experience, and risk appetite. You should be aware of all the risks associated with the trading of digital assets, and seek advice from a licensed financial advisor if you have any specific concerns.

Tezos (XTZ) credit and withdrawal have been enabled on Gatecoin was originally published in Gatecoin Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

Original article was created by: Bonnie Chan at

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency or ICO.

Interested in Cryptocurrencies and ICO's?

Follow our telegram channel for daily cryptomarket reports!

Join @cointrends

Stay on top of Altcoins and ICO trends.

Subscribe to our free Weekly Cryptomarket report

Delivered once a week, strongly to your inbox.

Subscribe to our mailing list
July 11, 2018
July 05, 2018

Tezos (XTZ) credit has been enabled on Gatecoin

HONG KONG — 5 July 2018 — Tezos (XTZ) credit has been enabled. Credit and trade your Tezos now with BTC, USD, and EUR. The withdrawal service will be enabled next week.What is Tezos?Tezos is a distributed ledger, making use of blockchain technology to form a blockchain governance...

From: Bonnie Chan
July 04, 2018

Participate in the DYNO (DYNO) token pre-sale through Gatecoin

Starting today, verified Gatecoin users such as yourself will be able to participate in DYNO token pre-sale through Gatecoin’s dedicated pre-sale platform by pledging ETH directly from your the ETH balance in your account.The deadline to take part with us is Friday, 13th July, 11am Hong Kong...

From: Bonnie Chan
July 02, 2018

Tezos (XTZ) now listed on Gatecoin

HONG KONG — 2 July 2018 — Gatecoin has listed Tezos (XTZ) on our exchange. You can now trade XTZ with BTC and ETH.What is Tezos?Tezos is a distributed ledger, making use of blockchain technology to form a blockchain governance by establishing a true digital commonwealth. Tezos...

From: Bonnie Chan
June 15, 2018

Augur (REP) Smart Contract Migration Notice | Augur (REP) 智能合約遷移公告

請向下滾動以查閱中文版本On 7:01 PM (GMT+8) July 9, 2018, Augur (REP) will migrate to the main Ethereum network, the existing REP tokens will migrate to a new REP token contract.We are happy to announce that Gatecoin will support the REP migration, and handle the technical...

From: Bonnie Chan
June 13, 2018

Traxia (TMT) is now listed on Gatecoin.

HONG KONG — 13 June 2018 — Gatecoin has listed Traxia(TMT) on our exchange. You can now trade TMT with BTC and ETH.What is Traxia?Recent research has shown that more than 43 Trillion USD is currently outstanding, as either accounts receivable (AR) or accounts payable (AP) on the...

From: Boris Au Yeung
Upcoming ICO's
This week overview
Token Name Starts
Optimal Shelf Availability Token (OSA) logo Optimal Shelf Availability Token (OSA) 5 days
Cryptocurrency rates
*Last hour average price&change
Coin Name Price Hour
Bitcoin logo BTC $6375.13 -0.13%
Ethereum logo ETH $453.185 -0.12%
Ripple logo XRP $0.445394 -0.04%
Bitcoin Cash logo BCH $727.445 0.06%
EOS logo EOS $7.35233 -0.33%
Litecoin logo LTC $78.996 -0.14%
Stellar logo XLM $0.219912 -0.18%
Cardano logo ADA $0.143397 -0.25%
IOTA logo IOT $1.00078 -0.07%
Tether logo USDT $0.999014 0.02%
Tronix logo TRX $0.0344612 -0.23%
NEO logo NEO $33.8342 0.47%