After Coinbase made it possible to stake Tezos on their exchange, OKEx will do the same today.
After Coinbase made it possible to stake Tezos on their exchange, OKEx will do the same today.

By Allen Walters | Publish0x posts | 7 Nov 2019


Yesterday OKEx was open for Tezos (XTZ) deposits. Today trading will be possible (USDT and BTC pairs). Also yesterday: Coinbase made it possible for their users to delegate (Stake) their XTZ while keeping them on Coinbase instead of a Tezos wallet. Tezos uses LiquidPoS, which means you can stake your XTZ. (In the case of Tezos, this is called Baking if you run a node, and Delegating if you stake from a wallet where you delegate your XTZ safely to a baker.) Both news items made Tezos gain 25% in 24 hours. Today OKEx announced it will have the possibility to delegate your XTZ on OKEx right after trading starts. Yearly returns are 5% on Coinexchange and .. Checkmove .. 5.13% on OKEx. 

Happy trading everyone, or just HODL and get your rewards in XTZ for doing nothing at all.


Allen Walters
Allen Walters

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