Tezos Trading 1.6% Lower Over Last Week (XTZ)

Tezos (XTZ) traded 3.1% lower against the U.S. dollar during the twenty-four hour period ending at 13:00 PM ET on October 8th. During the last seven days, Tezos has traded 1.6% lower against the U.S. dollar. One Tezos coin can currently be bought for $0.66 or 0.00001056 BTC on popular exchanges. Tezos has a market capitalization of $663.28 million and approximately $14.92 million worth of Tezos was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded up 1.1% against the dollar and now trades at $0.16 or 0.00000253 BTC.
• Terra Classic (LUNC) traded 3.3% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.9% lower against the dollar and now trades at $0.37 or 0.00000596 BTC.
• Terra (LUNA) traded down 4% against the dollar and now trades at $0.37 or 0.00000587 BTC.
• GXChain (GXC) traded down 1.2% against the dollar and now trades at $0.34 or 0.00000540 BTC.
• Adshares (ADS) traded down 0.1% against the dollar and now trades at $0.21 or 0.00000332 BTC.
• BitShares (BTS) traded down 2.4% against the dollar and now trades at $0.0019 or 0.00000003 BTC.

Tezos Coin Profile

Tezos (XTZ) uses the hashing algorithm. It launched on June 30th, 2018. Tezos’ total supply is 1,025,775,549 coins and its circulating supply is 1,005,248,984 coins. Tezos’ official message board is forum.tezosagora.org. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. Tezos’ official website is www.tezos.com. 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 currently possible to buy alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to trade 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 aforementioned exchanges.

XTZ/USD price chart by TradingView