Tezos Trading Up 4.6% This Week (XTZ)

Tezos (XTZ) traded 0.5% lower against the U.S. dollar during the 24 hour period ending at 13:00 PM Eastern on May 7th. Tezos has a total market capitalization of $926.31 million and approximately $26.59 million worth of Tezos was traded on exchanges in the last 24 hours. One Tezos coin can now be bought for approximately $0.94 or 0.00001485 BTC on exchanges. During the last week, Tezos has traded up 4.6% against the U.S. dollar.

Here’s how other 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 up 1.1% against the dollar and now trades at $0.12 or 0.00000189 BTC.
• Terra Classic (LUNC) traded 2.6% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 1.4% lower against the dollar and now trades at $0.61 or 0.00000952 BTC.
• aelf (ELF) traded 0.2% higher against the dollar and now trades at $0.55 or 0.00000869 BTC.
• GXChain (GXC) traded up 1.3% against the dollar and now trades at $0.42 or 0.00000666 BTC.
• Adshares (ADS) traded 0.9% higher against the dollar and now trades at $0.41 or 0.00000647 BTC.
• BitShares (BTS) traded down 2.9% against the dollar and now trades at $0.0031 or 0.00000005 BTC.

Tezos Profile

Tezos uses the hashing algorithm. It was first traded on June 30th, 2018. Tezos’ total supply is 1,001,319,945 coins and its circulating supply is 980,753,310 coins. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. The official website for Tezos is www.tezos.com. The official message board for Tezos is forum.tezosagora.org. 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 currently 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, GDAX or Gemini. 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