Tezos Price Tops $0.86 on Exchanges (XTZ)

Tezos (XTZ) traded 1.3% higher against the dollar during the 24 hour period ending at 14:00 PM ET on November 20th. One Tezos coin can now be purchased for approximately $0.86 or 0.00002283 BTC on cryptocurrency exchanges. During the last seven days, Tezos has traded down 6.4% against the dollar. Tezos has a market capitalization of $823.43 million and approximately $19.97 million worth of Tezos was traded on exchanges in the last 24 hours.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 0.7% lower against the dollar and now trades at $0.10 or 0.00000274 BTC.
• Terra Classic (LUNC) traded down 0.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 10.4% higher against the dollar and now trades at $0.58 or 0.00001532 BTC.
• Terra (LUNA) traded down 1.8% against the dollar and now trades at $0.64 or 0.00001692 BTC.
• BitShares (BTS) traded up 1.9% against the dollar and now trades at $0.0110 or 0.00000029 BTC.
• Adshares (ADS) traded 1.7% higher against the dollar and now trades at $0.68 or 0.00001814 BTC.
• GXChain (GXC) traded down 0.9% against the dollar and now trades at $0.31 or 0.00000824 BTC.

About Tezos

Tezos uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 979,123,542 coins and its circulating supply is 958,103,356 coins. The official website for Tezos is www.tezos.com. Tezos’ official message board is forum.tezosagora.org. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here.

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 purchase alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to trade Tezos should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView