Tezos Price Hits $0.69 on Top Exchanges (XTZ)

Tezos (XTZ) traded 0.4% lower against the dollar during the one day period ending at 18:00 PM Eastern on October 19th. Tezos has a market cap of $693.28 million and approximately $12.03 million worth of Tezos was traded on exchanges in the last 24 hours. In the last seven days, Tezos has traded down 1% against the dollar. One Tezos coin can currently be bought for $0.69 or 0.00001008 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded 1.5% lower against the dollar and now trades at $0.16 or 0.00000230 BTC.
• Terra Classic (LUNC) traded up 0.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 1% against the dollar and now trades at $0.38 or 0.00000564 BTC.
• Terra (LUNA) traded 1% higher against the dollar and now trades at $0.37 or 0.00000542 BTC.
• GXChain (GXC) traded up 1.1% against the dollar and now trades at $0.36 or 0.00000530 BTC.
• Adshares (ADS) traded up 10.2% against the dollar and now trades at $0.23 or 0.00000339 BTC.
• BitShares (BTS) traded 0.8% lower against the dollar and now trades at $0.0017 or 0.00000002 BTC.

Tezos Profile

XTZ uses the hashing algorithm. It launched on June 30th, 2018. Tezos’ total supply is 1,028,116,138 coins and its circulating supply is 1,007,591,324 coins. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. The official message board for Tezos is forum.tezosagora.org. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The official website for Tezos 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 currently 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 Gemini, GDAX or Coinbase. 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