Tezos Price Reaches $0.83 on Exchanges (XTZ)

Tezos (XTZ) traded up 2.7% against the US dollar during the 1-day period ending at 11:00 AM ET on July 17th. One Tezos coin can now be purchased for approximately $0.83 or 0.00001278 BTC on major cryptocurrency exchanges. During the last week, Tezos has traded 12.2% higher against the US dollar. Tezos has a total market cap of $824.14 million and approximately $26.47 million worth of Tezos was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• TRON (TRX) traded 0.6% higher against the dollar and now trades at $0.13 or 0.00000207 BTC.
• Terra Classic (LUNC) traded 14.3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 8.6% against the dollar and now trades at $0.45 or 0.00000692 BTC.
• aelf (ELF) traded up 2.8% against the dollar and now trades at $0.41 or 0.00000623 BTC.
• GXChain (GXC) traded 2.8% lower against the dollar and now trades at $0.35 or 0.00000542 BTC.
• Adshares (ADS) traded 2.4% lower against the dollar and now trades at $0.38 or 0.00000585 BTC.
• BitShares (BTS) traded 3% higher against the dollar and now trades at $0.0023 or 0.00000003 BTC.

Tezos Coin Profile

XTZ uses the hashing algorithm. It launched on June 30th, 2018. Tezos’ total supply is 1,010,384,889 coins and its circulating supply is 989,830,763 coins. The official website for Tezos is www.tezos.com. Tezos’ official message board is forum.tezosagora.org. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. 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 presently possible to purchase alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to trade Tezos should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. 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