Tezos Reaches One Day Trading Volume of $19.50 Million (XTZ)

Tezos (XTZ) traded 0.7% lower against the U.S. dollar during the 1-day period ending at 19:00 PM E.T. on August 28th. Over the last week, Tezos has traded 4.1% lower against the U.S. dollar. Tezos has a market cap of $664.40 million and $19.50 million worth of Tezos was traded on exchanges in the last day. One Tezos coin can currently be purchased for $0.67 or 0.00001127 BTC on popular cryptocurrency exchanges.

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

• TRON (TRX) traded up 0.1% against the dollar and now trades at $0.16 or 0.00000267 BTC.
• Terra Classic (LUNC) traded 0.2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 0.4% against the dollar and now trades at $0.35 or 0.00000599 BTC.
• aelf (ELF) traded 1% higher against the dollar and now trades at $0.39 or 0.00000662 BTC.
• GXChain (GXC) traded down 4.2% against the dollar and now trades at $0.37 or 0.00000628 BTC.
• Adshares (ADS) traded 0.8% higher against the dollar and now trades at $0.23 or 0.00000382 BTC.
• BitShares (BTS) traded 1.7% higher against the dollar and now trades at $0.0018 or 0.00000003 BTC.

About Tezos

Tezos (CRYPTO:XTZ) uses the hashing algorithm. It launched on June 30th, 2018. Tezos’ total supply is 1,017,563,089 coins and its circulating supply is 997,027,771 coins. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. The official message board for Tezos is forum.tezosagora.org. Tezos’ official website is www.tezos.com. 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 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 GDAX, Changelly or Coinbase. 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