Tezos (XTZ) Trading 3.8% Higher This Week

Tezos (XTZ) traded 3% higher against the U.S. dollar during the one day period ending at 13:00 PM E.T. on October 14th. Tezos has a total market capitalization of $711.62 million and $17.37 million worth of Tezos was traded on exchanges in the last day. One Tezos coin can now be purchased for about $0.71 or 0.00001077 BTC on exchanges. During the last seven days, Tezos has traded up 3.8% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last day:

• TRON (TRX) traded down 1.8% against the dollar and now trades at $0.16 or 0.00000244 BTC.
• Terra Classic (LUNC) traded 4.5% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 3.4% higher against the dollar and now trades at $0.39 or 0.00000589 BTC.
• Terra (LUNA) traded 4.7% higher against the dollar and now trades at $0.37 or 0.00000566 BTC.
• GXChain (GXC) traded 1.8% lower against the dollar and now trades at $0.35 or 0.00000528 BTC.
• Adshares (ADS) traded 8% higher against the dollar and now trades at $0.21 or 0.00000327 BTC.
• BitShares (BTS) traded up 2% against the dollar and now trades at $0.0018 or 0.00000003 BTC.

About Tezos

Tezos (CRYPTO:XTZ) uses the hashing algorithm. It was first traded on June 30th, 2018. Tezos’ total supply is 1,027,000,106 coins and its circulating supply is 1,006,473,542 coins. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The official message board for Tezos is forum.tezosagora.org. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. Tezos’ official website is www.tezos.com.

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 presently possible to purchase alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to acquire Tezos should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView