Tezos (XTZ) Price Hits $0.66 on Major Exchanges

Tezos (XTZ) traded down 1.4% against the US dollar during the 24-hour period ending at 11:00 AM ET on August 31st. Tezos has a total market cap of $661.98 million and $11.36 million worth of Tezos was traded on exchanges in the last 24 hours. One Tezos coin can now be bought for $0.66 or 0.00001122 BTC on popular exchanges. During the last week, Tezos has traded down 11.1% against the US dollar.

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

• TRON (TRX) traded 2.5% lower against the dollar and now trades at $0.16 or 0.00000265 BTC.
• Terra Classic (LUNC) traded 2.4% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 2.1% lower against the dollar and now trades at $0.38 or 0.00000640 BTC.
• Terra (LUNA) traded 0.9% lower against the dollar and now trades at $0.35 or 0.00000590 BTC.
• GXChain (GXC) traded up 2.1% against the dollar and now trades at $0.34 or 0.00000577 BTC.
• Adshares (ADS) traded up 1% against the dollar and now trades at $0.23 or 0.00000387 BTC.
• BitShares (BTS) traded 0.6% lower against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Tezos Coin Profile

Tezos (XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,018,077,452 coins and its circulating supply is 997,542,133 coins. The official message board for Tezos is forum.tezosagora.org. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. 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.

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 possible to buy alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to trade Tezos should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly 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