Evolve Markets has announced the addition of Tezos (XTZ) trading to its platform — which currently allows users to trade Bitcoin, emerging altcoins, and other currencies on the Metatrader 5 platform.
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Evolve Markets is a FOREX, commodities, indices, and cryptocurrency trading platform which lets users trade Bitcoin, emerging altcoins and other crypto assets on the Metatrader 5 platform.
Evolve Markets is most commonly known for allowing users the ability to leverage up to 50X, while boasting orderbook trade matching, full depth-of-market, and Bitcoin (BTC) and Litecoin (LTC) base currencies. For Tezos, Evolve offers 2x leverage — and is currently the only platform to do so.
What sets Evolve apart is its proprietary matching engine, which makes cryptocurrency pricing, liquidity, and leverage possible and allows traders to match volume with each other — in addition to order book volume from other cryptocurrency exchanges on the Metatrader 5 platform.
The addition of Tezos (XTZ) — a new platform for decentralized applications and smart contracts — is a welcome addition to the ever-growing Evolve platform. Tezos aims to offer “the world’s first ‘self-amending’ cryptocurrency” and raised $232 million in its high-profile initial coin offering (ICO) last year.
The addition of Tezos follows closely behind the platform’s recent addition of Ethereum Classic (ETC), an open-source, public, blockchain-based distributed computing platform featuring smart contract functionality and a “code is law” approach to immutability.
The platform also recently added Zcash (ZEC), a cryptocurrency aimed at using cryptography to provide enhanced privacy for its users, and DASH (DASH), an open-source peer-to-peer cryptocurrency and decentralized autonomous organization featuring instant transactions, private transactions, and a self-funded, self-governed organizational structure.
Further, EOS was added to the lineup of supported cryptocurrencies on Evolve Markets. The cryptocurrency token and blockchain that purports to operate as a smart contract platform for the deployment of decentralized applications (DApps) and a decentralized autonomous corporation was added at the end of July.
Bitcoin Cash (BCH) and Monero (XMR) were also added to Evolve Markets in May and April, respectively — illustrating the platform’s continued push to provide its users with more and more offerings.
Evolve Markets notably boasts robust security measures, such as securing all incoming Bitcoin deposits in cold storage, never exposing its private keys to the internet, and reviewing/processing all Bitcoin withdrawals manually.
The platform also encrypts data throughout all layers of its system and allows for the use of Google Authenticator as an additional security layer for withdrawals.
To learn more about Evolve Markets, visit the official website here.
What do you think about the addition of Tezos (XTZ) to Evolve Markets? Which cryptocurrency do you think the platform will support next? Let us know in the comments below!
Images courtesy of Shutterstock, Evolve Markets.