Tezos Tops 24 Hour Volume of $23.71 Million (XTZ)

Tezos (XTZ) traded 3.6% higher against the US dollar during the 1 day period ending at 17:00 PM ET on November 5th. In the last seven days, Tezos has traded 9.9% lower against the US dollar. One Tezos coin can now be purchased for approximately $0.61 or 0.00000885 BTC on exchanges. Tezos has a market capitalization of $616.39 million and approximately $23.71 million worth of Tezos was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• TRON (TRX) traded down 1.7% against the dollar and now trades at $0.16 or 0.00000232 BTC.
• Terra Classic (LUNC) traded up 4.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 2.5% higher against the dollar and now trades at $0.33 or 0.00000478 BTC.
• Terra (LUNA) traded 5.3% higher against the dollar and now trades at $0.31 or 0.00000449 BTC.
• GXChain (GXC) traded 2.8% lower against the dollar and now trades at $0.34 or 0.00000498 BTC.
• Adshares (ADS) traded up 2.6% against the dollar and now trades at $0.23 or 0.00000326 BTC.
• BitShares (BTS) traded 1% higher against the dollar and now trades at $0.0015 or 0.00000002 BTC.

Tezos Profile

XTZ uses the hashing algorithm. It launched on June 30th, 2018. Tezos’ total supply is 1,031,450,898 coins and its circulating supply is 1,010,930,236 coins. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. Tezos’ official website is www.tezos.com. The official message board for Tezos is forum.tezosagora.org.

According to CryptoCompare, “Tezos is an open-source platform for assets and applications that can evolve and upgrade itself without having to split the network. It uses a proof-of-stake consensus mechanism and allows for formal verification to increase security. Users can participate in the consensus process by “baking”, or they can delegate their rights to other users. Arthur Breitman and Kathleen Breitman are the two main creators of Tezos, and a group of developers and researchers have joined them to create the platform.”

Buying and Selling Tezos

It is usually not presently possible to buy alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to trade Tezos should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView