Tezos (XTZ) Reaches 24 Hour Trading Volume of $54.37 Million

Tezos (XTZ) traded 2.9% lower against the dollar during the 1-day period ending at 10:00 AM E.T. on January 20th. One Tezos coin can now be purchased for approximately $0.57 or 0.00000626 BTC on cryptocurrency exchanges. In the last week, Tezos has traded down 1% against the dollar. Tezos has a market capitalization of $610.39 million and approximately $54.37 million worth of Tezos was traded on exchanges in the last day.

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

• TRON (TRX) traded 4% lower against the dollar and now trades at $0.30 or 0.00000332 BTC.
• Terra Classic (LUNC) traded 2.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• aelf (ELF) traded 0.7% lower against the dollar and now trades at $0.0952 or 0.00000105 BTC.
• Terra (LUNA) traded 0.1% lower against the dollar and now trades at $0.0795 or 0.00000087 BTC.
• GXChain (GXC) traded 4.2% higher against the dollar and now trades at $0.50 or 0.00000556 BTC.
• Adshares (ADS) traded down 2.1% against the dollar and now trades at $0.72 or 0.00000798 BTC.
• BitShares (BTS) traded 0.1% higher against the dollar and now trades at $0.0011 or 0.00000001 BTC.

About Tezos

Tezos (XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,092,714,485 coins and its circulating supply is 1,072,654,161 coins. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. 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. 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.”

Buying and Selling Tezos

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

XTZ/USD price chart by TradingView