Tezos (XTZ) Price Hits $0.62 on Major Exchanges

Tezos (XTZ) traded 5.4% lower against the US dollar during the one day period ending at 22:00 PM ET on October 31st. One Tezos coin can currently be purchased for about $0.62 or 0.00000902 BTC on popular cryptocurrency exchanges. In the last week, Tezos has traded 6.4% lower against the US dollar. Tezos has a total market capitalization of $629.04 million and approximately $20.50 million worth of Tezos was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

  • TRON (TRX) traded down 1.2% against the dollar and now trades at $0.17 or 0.00000243 BTC.
  • Terra Classic (LUNC) traded down 7.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • aelf (ELF) traded 0.6% higher against the dollar and now trades at $0.36 or 0.00000521 BTC.
  • Terra (LUNA) traded down 5.2% against the dollar and now trades at $0.33 or 0.00000483 BTC.
  • GXChain (GXC) traded 3.8% higher against the dollar and now trades at $0.36 or 0.00000527 BTC.
  • Adshares (ADS) traded 2.7% lower against the dollar and now trades at $0.22 or 0.00000313 BTC.
  • BitShares (BTS) traded down 0.3% against the dollar and now trades at $0.0016 or 0.00000002 BTC.

About Tezos

Tezos (CRYPTO:XTZ) uses the hashing algorithm. It was first traded on June 30th, 2018. Tezos’ total supply is 1,030,444,454 coins and its circulating supply is 1,009,920,952 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. The official message board for Tezos 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.”

Tezos Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to acquire Tezos should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tezos using one of the exchanges listed above.

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