Tezos Price Hits $0.94 on Exchanges (XTZ)

Tezos (XTZ) traded 2.2% lower against the U.S. dollar during the 24-hour period ending at 22:00 PM ET on May 6th. Tezos has a market capitalization of $925.85 million and approximately $28.46 million worth of Tezos was traded on exchanges in the last day. One Tezos coin can now be bought for about $0.94 or 0.00001480 BTC on popular cryptocurrency exchanges. Over the last week, Tezos has traded down 2.9% against the U.S. dollar.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 1.8% lower against the dollar and now trades at $0.12 or 0.00000186 BTC.
• Terra Classic (LUNC) traded down 10.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 8% against the dollar and now trades at $0.61 or 0.00000956 BTC.
• aelf (ELF) traded 0.7% lower against the dollar and now trades at $0.55 or 0.00000869 BTC.
• GXChain (GXC) traded 4.9% lower against the dollar and now trades at $0.40 or 0.00000624 BTC.
• Adshares (ADS) traded 1.2% higher against the dollar and now trades at $0.42 or 0.00000653 BTC.
• BitShares (BTS) traded down 0.8% against the dollar and now trades at $0.0032 or 0.00000005 BTC.

Tezos Coin Profile

Tezos (XTZ) uses the hashing algorithm. It was first traded on June 30th, 2018. Tezos’ total supply is 1,001,319,945 coins and its circulating supply is 980,753,310 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 message board is forum.tezosagora.org. 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.”

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView