Also, Binance, the largest cryptocurrency exchange by trading volume has just announced that Binance Futures has launched a 50% Rebate on Trading Fees for XTZ/USDT perpetual contract.
Weiss Crypto Ratings Says Tezos (XTZ) is on Fire
Since the start of 2019, Tezos (XTZ) has been firing on all cylinders in terms of price. Its consistent growth has aided it to outplace other top cryptocurrencies such as Cardano (ADA) and others, to occupy 10th position in the market.
Virtually everyone in the crypto community, including the popular Crypto Rater, has been thrilled with its uprising across the board.
This prompted Weiss Crypto Ratings to describe its outstanding performance in one of its recent tweets. It pointed out that Tezos is close to doubling its price with more than a 190% increase in the interval of 5 weeks.
The Crypto Rater shared, “Tezos (XTZ, Rated “B-”) is on fire. It has surged by more than 190% in the past five weeks. Here are three of the success factors that explain how and why.”
— Weiss Crypto Ratings (@WeissCrypto) February 13, 2020
To corroborate what Weiss Crypto Ratings asserted, Tezos has continued to maintain its surging momentum as other cryptocurrencies such as Bitcoin (BTC) retract.
At the time of filing this report, XTZ is trading at $3.29, with an 8.24% price upsurge in the last 24 hours.
Binance Futures Launches 50% Rebate on Trading Fees for XTZ/USDT Contract
Binance exchange has excitedly announced that Binance futures has launched a 50% rebate on the trading fees for users that trade the Tezos (XTZ) against Tether (USDT) perpetual contract.
According to the exchange, this will be effected between 14th February 2020, at 12:00 PM (UTC) and 21st February 2020, at 12:00 PM (UTC).
— Binance (@binance) February 14, 2020