Tezos Price Tops $0.59 on Exchanges (XTZ)

Tezos (XTZ) traded 0.7% lower against the US dollar during the 1-day period ending at 15:00 PM E.T. on November 4th. Tezos has a total market capitalization of $600.54 million and $24.57 million worth of Tezos was traded on exchanges in the last 24 hours. One Tezos coin can currently be purchased for $0.59 or 0.00000878 BTC on major exchanges. During the last seven days, Tezos has traded 7.1% lower against the US dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded down 0.6% against the dollar and now trades at $0.16 or 0.00000242 BTC.
• Terra Classic (LUNC) traded up 1.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 2.9% against the dollar and now trades at $0.32 or 0.00000479 BTC.
• Terra (LUNA) traded down 0.9% against the dollar and now trades at $0.30 or 0.00000446 BTC.
• GXChain (GXC) traded up 0.5% against the dollar and now trades at $0.35 or 0.00000522 BTC.
• Adshares (ADS) traded 3.7% lower against the dollar and now trades at $0.22 or 0.00000328 BTC.
• BitShares (BTS) traded 0.6% higher against the dollar and now trades at $0.0015 or 0.00000002 BTC.

Tezos Profile

Tezos uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,031,344,489 coins and its circulating supply is 1,010,823,827 coins. Tezos’ official website is www.tezos.com. 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 message board 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 currently possible to purchase alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to acquire Tezos should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView