Tezos (XTZ) Trading Up 3.8% Over Last 7 Days

Tezos (XTZ) traded 1.6% higher against the U.S. dollar during the one day period ending at 23:00 PM ET on August 13th. Tezos has a market capitalization of $679.28 million and approximately $16.80 million worth of Tezos was traded on exchanges in the last day. One Tezos coin can currently be purchased for $0.68 or 0.00001120 BTC on major exchanges. Over the last week, Tezos has traded up 3.8% against the U.S. dollar.

Here is how other cryptocurrencies have performed over the last day:

• TRON (TRX) traded up 2.5% against the dollar and now trades at $0.13 or 0.00000212 BTC.
• Terra Classic (LUNC) traded 0.2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 1.1% against the dollar and now trades at $0.40 or 0.00000661 BTC.
• Terra (LUNA) traded up 0.7% against the dollar and now trades at $0.33 or 0.00000548 BTC.
• GXChain (GXC) traded 2.1% higher against the dollar and now trades at $0.37 or 0.00000603 BTC.
• Adshares (ADS) traded down 1.8% against the dollar and now trades at $0.22 or 0.00000363 BTC.
• BitShares (BTS) traded down 0.6% against the dollar and now trades at $0.0020 or 0.00000003 BTC.

About Tezos

XTZ uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,014,933,584 coins and its circulating supply is 994,398,266 coins. Tezos’ official message board 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. The official website for Tezos 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 trade Tezos should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly 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