Tezos Price Reaches $0.81 on Major Exchanges (XTZ)

Tezos (XTZ) traded 0.1% lower against the dollar during the 1-day period ending at 17:00 PM E.T. on June 16th. Tezos has a total market capitalization of $799.95 million and $13.16 million worth of Tezos was traded on exchanges in the last 24 hours. Over the last week, Tezos has traded 4.7% lower against the dollar. One Tezos coin can now be purchased for $0.81 or 0.00001221 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded 0.9% higher against the dollar and now trades at $0.12 or 0.00000175 BTC.
• Terra Classic (LUNC) traded up 9.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 4.7% against the dollar and now trades at $0.52 or 0.00000780 BTC.
• aelf (ELF) traded 4% lower against the dollar and now trades at $0.40 or 0.00000597 BTC.
• GXChain (GXC) traded 2.7% higher against the dollar and now trades at $0.39 or 0.00000592 BTC.
• Adshares (ADS) traded up 2.6% against the dollar and now trades at $0.47 or 0.00000703 BTC.
• BitShares (BTS) traded down 1.5% against the dollar and now trades at $0.0028 or 0.00000004 BTC.

Tezos Coin Profile

XTZ uses the hashing algorithm. It launched on June 30th, 2018. Tezos’ total supply is 1,006,052,701 coins and its circulating supply is 985,488,291 coins. The official message board for Tezos is forum.tezosagora.org. 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 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 presently possible to buy alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to acquire Tezos should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView