Breeze de Mar said in its statement that the cryptocurrency (BRZE) can either be used within Breeze de Mar resort ecosystem for transactions such as the purchase of its services, food and beverages or used by its clients to even buy a property sold by the firm in various locations. The coin is expected to have considerably reach given its unique nature compared to other cryptocurrencies in the market by being tied to actual physical assets in real world as opposed to some altcoins which are backed against either US Dollar or other currencies which are not backed by any form of physical commodity, metal, currency or organisation.
The exchange is expected to open its deposit service for the coin from 0800 Hrs (UTC) on 21st May, 2020 and go live for trading on 22nd May, 2020 at above mentioned timeframe while withdrawals are expected to go live on same time as well from 25th May, 2020. The real estate firm and coin tiger exchange together has announced a trading contest in which the traders may participate to win up to 2000 BRZE in rewards. Coin Tiger Crypto Exchange is one of the leading global digital asset exchange and is headquartered in Singapore. The exchange has more than 2.8 million registered users from more than 40 countries and sees an average of 120,000 active traders in its platform per day. Given its huge customer base, the firm has consistently maintained its position as one of the top 30 global exchanges by trading volume and is also known to provide other financial services such as consulting and funding to support the growth of promising projects.