Young Platform

Tezos (XTZ) lands on Young Platform!

AP
Anna Perozzi

2 min

Immagine Articolo Default

You can now buy, sell and store Tezos (XTZ) on Young Platform!

What’s Tezos?

Tezos was conceived by Arthur and Kathleen Breitman in 2014 and launched in 2017. It belongs to the ICO generation, but this was not just any ICO. It raised $232 million, which was a record for that year.

Tezos is one of the first alternative projects to Ethereum to appear on the market. It offers a smart contract protocol and a native token standard. Another distinctive feature of Tezos is its consensus and validation mechanism, the Liquid Proof-of-Stake.

How does XTZ work?

The role of the XTZ token is to maintain and keep the Tezos network running. XTZ owners can open a node and vote on protocol updates, or delegate their vote.

 

Why has Young Platform decided to list it?

Tezos’ native protocol provides a solid and secure basis for the development of smart contracts, driving all the derived technologies and foundational functionalities of DeFi. The Tezos Foundation supports the project in all its aspects and in particular offers regular grants to its developers.

 

Available pairs?

On Young Platform and Young Platform Pro you can buy and sell Tezos with the following pairs:

  • XTZ/EUR

Want to know more?

Read our article on Tezos on the Young Academy!

 

This content constitutes a marketing communication pursuant to Article 7 of Regulation (EU) 2023/1114 (MiCAR) and does not constitute: (i) advice on crypto-assets under Article 80 MiCAR; (ii) portfolio management under Article 81 MiCAR; (iii) a personalised recommendation. Crypto-assets are subject to the risks described in the General Risk Disclosure; they involve a significant risk of losing up to the entirety of the capital invested. Users are invited to conduct independent and informed assessments, consulting the Terms and Conditions and, where appropriate, seeking advice from a qualified professional advisor before making any economic or financial decision. The payment account offered by Young Platform is governed by Italian Legislative Decree 11/2010 and cannot be equated to a bank current account; therefore, it does not benefit from the guarantees provided for deposits with banking institutions. Users are invited to consult the Payment Account Terms and Conditions.

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