Tezos (XTZ) Trading Up 4.5% This Week

Tezos (XTZ) traded 0.5% higher against the US dollar during the 1 day period ending at 10:00 AM E.T. on May 8th. Tezos has a total market capitalization of $920.67 million and approximately $26.22 million worth of Tezos was traded on exchanges in the last day. Over the last seven days, Tezos has traded up 4.5% against the US dollar. One Tezos coin can now be purchased for $0.94 or 0.00001501 BTC on popular cryptocurrency exchanges.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 2% higher against the dollar and now trades at $0.12 or 0.00000196 BTC.
• Terra Classic (LUNC) traded up 1.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 5.8% higher against the dollar and now trades at $0.64 or 0.00001019 BTC.
• aelf (ELF) traded down 0.8% against the dollar and now trades at $0.55 or 0.00000872 BTC.
• GXChain (GXC) traded down 4.5% against the dollar and now trades at $0.40 or 0.00000647 BTC.
• Adshares (ADS) traded 0.5% lower against the dollar and now trades at $0.41 or 0.00000655 BTC.
• BitShares (BTS) traded down 1.9% against the dollar and now trades at $0.0031 or 0.00000005 BTC.

Tezos Profile

Tezos uses the hashing algorithm. It launched on June 30th, 2018. Tezos’ total supply is 1,001,547,724 coins and its circulating supply is 980,981,088 coins. Tezos’ official website is www.tezos.com. 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. 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.”

Tezos Coin Trading

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

XTZ/USD price chart by TradingView