Monday, April 12, 2021

Weiss Crypto Ratings Says Tezos is on Fire as Binance Futures Launches 50% Rebate on Trading Fees for XTZ/USDT

Weiss Crypto Ratings has once again hyped the outstanding performance of Tezos (XTZ) due to its over 190% upsurge it experienced within 5 weeks.

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.”

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).

Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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