Tezos (XTZ) One Day Volume Hits $13.55 Million

Tezos (XTZ) traded down 1.5% against the US dollar during the 1-day period ending at 9:00 AM ET on August 19th. Tezos has a total market cap of $653.20 million and approximately $13.55 million worth of Tezos was traded on exchanges in the last day. One Tezos coin can currently be purchased for about $0.66 or 0.00001116 BTC on major cryptocurrency exchanges. In the last seven days, Tezos has traded 3.2% lower against the US dollar.

Here is how related cryptocurrencies have performed in the last day:

• TRON (TRX) traded up 3.5% against the dollar and now trades at $0.14 or 0.00000236 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 1.2% against the dollar and now trades at $0.38 or 0.00000648 BTC.
• Terra (LUNA) traded down 0.6% against the dollar and now trades at $0.32 or 0.00000546 BTC.
• GXChain (GXC) traded 0.7% higher against the dollar and now trades at $0.37 or 0.00000633 BTC.
• Adshares (ADS) traded 1.6% higher against the dollar and now trades at $0.22 or 0.00000382 BTC.
• BitShares (BTS) traded 0.2% higher against the dollar and now trades at $0.0018 or 0.00000003 BTC.

About Tezos

Tezos uses the hashing algorithm. It was first traded on June 30th, 2018. Tezos’ total supply is 1,015,909,794 coins and its circulating supply is 995,374,476 coins. Tezos’ official website is www.tezos.com. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. 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.

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 purchase alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to acquire Tezos should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView