Tezos (XTZ) Price Reaches $1.00 on Major Exchanges

Tezos (XTZ) traded up 4.3% against the dollar during the 1-day period ending at 16:00 PM E.T. on May 27th. One Tezos coin can now be purchased for $1.00 or 0.00001439 BTC on popular cryptocurrency exchanges. Tezos has a market capitalization of $983.42 million and approximately $37.80 million worth of Tezos was traded on exchanges in the last 24 hours. In the last seven days, Tezos has traded up 3.1% against the dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • TRON (TRX) traded down 0.7% against the dollar and now trades at $0.11 or 0.00000161 BTC.
  • Terra Classic (LUNC) traded up 4.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Terra (LUNA) traded 2.7% higher against the dollar and now trades at $0.61 or 0.00000875 BTC.
  • aelf (ELF) traded 0.8% higher against the dollar and now trades at $0.52 or 0.00000754 BTC.
  • GXChain (GXC) traded down 1.1% against the dollar and now trades at $0.41 or 0.00000586 BTC.
  • Adshares (ADS) traded 18.2% lower against the dollar and now trades at $0.31 or 0.00000450 BTC.
  • BitShares (BTS) traded down 2.3% against the dollar and now trades at $0.0031 or 0.00000005 BTC.

About Tezos

Tezos (CRYPTO:XTZ) uses the hashing algorithm. It was first traded on June 30th, 2018. Tezos’ total supply is 1,003,710,313 coins and its circulating supply is 983,144,554 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 Twitter account is @tezos and its Facebook page is accessible here. Tezos’ official message board is forum.tezosagora.org.

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 acquire Tezos should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Tezos using one of the exchanges listed above.

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