There has been some activity in terms of crypto exchanges beginning to notice the Tezos Betanet launch and announce plans to list the token and allow trading. The Tezos Foundation is taking a hands-off approach to actively courting exchanges, for the time being, but that hasn’t stopped some exchanges from jumping to be first out of the gate.
Gatecoin, an exchange based in Hong Kong, famous for first listing the Ethereum token, put out a press release saying that Tezos was now listed and trading would commence:
HONG KONG — 2 July 2018 — Gatecoin has listed Tezos (XTZ) on our exchange. You can now trade XTZ with BTC, USD and EUR.
Residency Notes: Unfortunately for Tezos holders in the United States, Gatecoin has limited accessibility until it is fully licensed by U.S. regulating authorities. Residents in certain states can gain access, but check the list at that link to see if you’ll be able to trade as a U.S.-resident.
Gate.io is a smaller exchange which has been dabbling in Tezos IOU trading but now says it is currently working on allowing deposits and withdrawals of real Tezos tokens. According to the Gate.io Tezos/Tether listing page, “XTZ deposit and withdrawal is under development,” but is not yet enabled. No word on a time frame.
Residency Notes: Gate.io excludes all U.S. residents as well as residents of Canada and Japan.
A larger exchange, called HitBTC, has been offering Tezos IOU trading since shortly after the fundraiser ICO in 2017. The tokens being traded on HitBTC are not real Tezos tokens, they are essentially a note that says you, as a buyer, will eventually have these IOU notes replaced with real Tezos XTZ tokens after launch. So far, even checking their XTZ/BTC page, there has been no word from HitBTC as to when or how Tezos IOU owners will be rewarded with their genuine Tezos tokens. We expect an announcement shortly and at some point, the IOU market will cease trading and come back online as a real Tezos listing and IOU accounts will be updated as genuine Tezos wallets with a balance of tokens equivalent to the number of IOU notes owned.
Residency Notes: Currently no residency restrictions but terms could change at any time
Aside from centralized exchanges, some OTC escrow-backed services are beginning to offer Tezos buying and selling. One of the first to begin offering a streamlined experience is TezosOTC.
— Tezos OTC (@TezosOTC) July 1, 2018
Trading Tezos outside of an exchange currently requires some kind of escrow-backing to help complete a sale and keep buyers and sellers safe in the process. TezosOTC claims to be able to facilitate this process smoothly.
Residency Notes: No residency restrictions
Disclaimer: All exchange and trading information is subject to change at any time by exchange operators. Do your own research and diligence on any individual or organization before sending them your tokens.