TEZOS (XTZUSD)

Tezos (XTZUSD) is a decentralized blockchain platform that facilitates the creation of smart contracts and decentralized applications (dApps). It is a self-amending blockchain that enables upgrades and improvements without the need for hard forks. Tezos employs a unique consensus algorithm called Liquid Proof of Stake (LPoS), which allows token holders to participate in transaction validation and earn rewards. The platform also features formal verification, a technique that mathematically proves the correctness of smart contracts, making them more secure and reliable. Tezos aims to provide a more democratic and transparent blockchain ecosystem, where stakeholders have a say in governance and decision-making processes. The native token of the Tezos platform is XTZ, which is used to pay for transaction fees and participate in network governance. Tezos has gained popularity among developers and investors due to its innovative features, strong community support, and potential for growth in the decentralized finance (DeFi) space.

Instrument specification for TEZOS (XTZUSD)

Name XTZUSD
Minimum order value 25
Description TEZOS
Maximum order value 5000
Transaction Step 25
Type Cryptocurrency
Trading Hours sunday-thursday 00:00-22:59, 23:05-24:00;friday 00:00-21:59;saturday 09:00-22:59, 23:05-24:00
Contract size / 1 lot Price * 1 USD
Deposit required 50%
Value of 1 pip 0.0001
Financial leverage 2:1
Minimal step 0.0001
Long swap (daily) -0.09811%
Short sale YES
Short swap (daily) -0.06856%
Distance SL and TP 0
3-day swap (date) 5

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