Tezos (XTZ) Price Up 4.2% Over Last 7 Days

Tezos (XTZ) traded up 0.8% against the U.S. dollar during the 24-hour period ending at 0:00 AM E.T. on August 12th. During the last week, Tezos has traded 4.2% higher against the U.S. dollar. One Tezos coin can now be purchased for $0.67 or 0.00001125 BTC on major cryptocurrency exchanges. Tezos has a market capitalization of $661.80 million and $20.83 million worth of Tezos was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded 1.7% lower against the dollar and now trades at $0.13 or 0.00000213 BTC.
• Terra Classic (LUNC) traded 1.6% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 5.7% against the dollar and now trades at $0.41 or 0.00000688 BTC.
• Terra (LUNA) traded up 0.6% against the dollar and now trades at $0.33 or 0.00000555 BTC.
• GXChain (GXC) traded up 1.4% against the dollar and now trades at $0.36 or 0.00000613 BTC.
• Adshares (ADS) traded down 2.7% against the dollar and now trades at $0.22 or 0.00000380 BTC.
• BitShares (BTS) traded 1.1% lower against the dollar and now trades at $0.0020 or 0.00000003 BTC.

About Tezos

Tezos uses the hashing algorithm. It was first traded on June 30th, 2018. Tezos’ total supply is 1,014,610,658 coins and its circulating supply is 994,075,339 coins. 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. Tezos’ official message board is forum.tezosagora.org. 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 possible to buy alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to trade Tezos should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView